RBS, Lloyds, HBOS head recapitalisation queue

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RBS, Lloyds, HBOS head recapitalisation queue

October 10, 2008 12:00 AM

Up to four of Britain’s biggest banks are likely to tap the UK government’s £50bn recapitalisation scheme over the next few days, in an effort to rebuild their tier one capital ratios up to newly required levels.

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