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RBS CFO: We Are Reducing Risk & Shrinking Balance Sheet

Fri 04 May 12 | 02:02 AM ET
Bruce Van Saun, CFO of RBS, told CNBC: "I think our number one objective in the recovery of RBS is what we call the safety and soundness agenda so we are shrinking the balance sheet and using the proceeds to pay down our wholesale funding so we get to a more sustainable overall financial position."

 
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