Scotland's banks hope for No vote
Few have been more vocal in their opposition to Scottish independence than the country's own banks. Royal Bank of Scotland may share a name with the country, but that seems to be an end to its patriotism. Not surprising when banks domiciled in an independent Scotland would have to contend with higher risk weightings on their assets and an inflated cost of funding.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts