Financial Times FT.com

Q&A: What does the bank sell-off mean for customers?

By Steve Lodge, Lucy Warwick-Ching, Jo Cumbo and Ellen Kelleher

Published: November 3 2009 13:07 | Last updated: November 3 2009 14:51

Royal Bank of Scotland (RBS) and Lloyds Banking Group are to sell off some of their assets to comply with European rules on banks receiving state aid. Lloyds is also set to offer new shares to investors. But what will this mean for consumers and shareholders?

What are the banks selling?

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