insurance scheme
RBS likely to sell its insurance operations (Churchill and Direct Line brands) and cut 3,700 jobs
Royal Bank of Scotland said it would be forced to sell more assets than it had expected and axe 3,700 jobs from its retail...
British government in £40 billion bailout to troubled banks
Britain's government will pour up to another 40 billion pounds into bailed out lenders Royal Bank of Scotland, Lloyds Banking Group and Northern Rock...
Lloyds in talks with the govt and the financial regulator over “possible alternatives” to the asset protection scheme
Lloyds said it may scale back or cancel its participation in a state-backed scheme to insure it against credit losses, as a healthier economy...
