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RBS goes Arctic
Article -
Apr 1, 2009
This article was first published in Platform’s Carbon Web newsletter, issue 11. In mid-March 2009, after the most recent bailout, RBS financed exploration work in previously untouched regions of Greenland’s Arctic. Acting as joint bookrunner with Merrill Lynch on March 11, RBS placed shares worth £116 million for Cairn Energy, a Scottish oil company. Although...
