Wednesday, March 1, 2006

RBS Looks to Flower Through Organic Growth

FT.com, Jane Croft Retail Banking Correspondent, 1 March 2006On Tuesday Sir Fred Goodwin stood up before analystsand delivered exactly what the City had been hoping for.The chief executive of Royal Bank of Scotland announced the bank would buy back up to �1bn of shares and increase its dividend pay-out by 25 per cent.Sir Fred, who has been accused by critics of being a �deal junkie� said the UK�s

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