any other decision or delegation of powers agreed by any Shareholders’ Meeting convened after the signing of the contract, limited to 2,500,000 shares. The UK government is said to be accelerating its efforts to privatise the Royal Bank of Scotland (RBS), and is reportedly aiming to sell off 25bn shares over the course of this parliament, which ends in 2020. RBS has been a major shareholder since it was founded by Queen Victoria in 1836, but now faces an uncertain future as investors have lost faith in the bank’s ability to withstand economic shocks.
The UK government is said to be accelerating its efforts to privatise the Royal Bank of Scotland (RBS), and is reportedly aiming to sell off 25bn shares over the course of this parliament, which ends in 2020. RBS has been a major shareholder since it was founded by Queen Victoria in 1836, but now faces an uncertain future as investors have lost faith in the bank’s ability to withstand economic shocks.