Markets ‘appreciate’ RBS’s transparency on legacy T1 treatment

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Markets ‘appreciate’ RBS’s transparency on legacy T1 treatment

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An employee at The Royal Bank of Scotland's headquarters in the City of London, as David Cameron was accused of a "disgraceful failure of leadership" by Labour leader Ed Miliband after the chief executive of the majority taxpayer-owned Royal Bank of Scotland (RBS) was awarded a bonus in shares worth almost £1 million. | Stefan Rousseau/PA Archive/PA Images

Trading levels have stabilised around Royal Bank of Scotland’s legacy tier one instruments, after the bank said that it intended to call nine of its outstanding securities and extend the life of two others.

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