British banking group Bank posts huge losses for 2008 , totaling $ 34.7 billion . These are worst in British corporate history . RBS must pay a `` participation fee '' of £6.5 billion to the Treasury and bear 19.5 billion of any loss -- a sort of deductible . RBS was one of three major companies that Treasury pumped $ 63 billion into .
British banking group Bank posts huge losses for 2008 , totaling $ 34.7 billion . These are worst in British corporate history . RBS was one of three major companies that Treasury pumped $ 63 billion into .