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RWS pivots, Record's record, SFO charges Barclays

It is quite remarkable that two of the big stories affecting the UK banking sector this year regard fundraisings in 2008. Royal Bank of Scotland (RBS) has spent close to £1bn to settle with shareholders regarding its rights issue of that year - those investors who bought in were then all but wiped out by a state bailout, with all the opprobrium that came with it for RBS and Lloyds (LLOY).

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