LONDON, Oct 7 (Reuters) - The chief executive of Royal Bank of Scotland declined to comment on what he described as speculation of any action the UK government might take to help banks, including talk it might inject capital.
Fred Goodwin was speaking after talking to investors at a Merrill Lynch banking conference in London on Tuesday.
RBS told investors a decision had not yet been made by the UK government, but an announcement was expected 'sooner rather than later,' one investor, who had attended the conference, told Reuters. He declined to be named and the presentation was closed to the media.
(Reporting by Steve Slater; Writing by Mike Elliott) Keywords: RBS/ tf.TFN-Europe_newsdesk@thomson.com vs COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
Fred Goodwin was speaking after talking to investors at a Merrill Lynch banking conference in London on Tuesday.
RBS told investors a decision had not yet been made by the UK government, but an announcement was expected 'sooner rather than later,' one investor, who had attended the conference, told Reuters. He declined to be named and the presentation was closed to the media.
(Reporting by Steve Slater; Writing by Mike Elliott) Keywords: RBS/ tf.TFN-Europe_newsdesk@thomson.com vs COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
© 2008 AFX News