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News & Updates
You'll read the expression "second biggest loss in UK banking history" more times than would be medically advisable after RBS followed the other high street banks into the brown stuff after making a £691 million loss (£4.3 million of which went on the Chief Exec's salary by the way).
But bloggers and journos are selling us a bit short - why couldn't they tell us the biggest? Figures on Barclays in 1992 and Northern Rock both get a mention - but these were all pocket change in comparison to the show stopping figure we were all after. What's next? Headlines from Beijing which announce the second fastest man and the silver medalists from the synchronised swimming?
You'll be glad to know that some of us are prepared to go the extra mile - the biggest loss in UK banking history was of course Barings Bank in 1995 with an impressive £827 million loss thanks to rogue trader Nick Leason.
To avoid finding a rogue trader yourself, visit the ProblemSolved directory.
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