RBS pushes further into Europe

UK banking group Royal Bank of Scotland has continued its aggressive push into Europe with the release of new products for the Swedish and German markets.

RBS has been an active issuer of structured products in Sweden since June. Its latest release, Autopilot is a 100% capital guaranteed note linked to the performance of four unique baskets. The four baskets consist of an equally weighted basket of stock indexes (S&P 500, the Dow Jones Euro Stoxx, the Nikkei 225 and the OMXS30), gold, shares in the MSCI Emerging Market Index Fund and an equally weighted basket of shares of Rio Tinto, BHP Billiton and Cameco Corporation.

A quarter of the total

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