RBS Sees Assets Cut to Size of Sudan GDP by 2014

April 4 (Bloomberg) -- Rory Cullinan, head of the non-core division and asset protection scheme at Royal Bank of Scotland Group Plc, talks about his business mandate, addressing risk and the outlook for reducing assets. Since December 2008, Rory has attempted to unload 258 billion pounds in money-losing and unwanted assets. He spoke March 28 in London with Bloomberg's Edward Robinson. This story is featured in the May issue of Bloomberg Markets magazine. (Source: Bloomberg)
Puerto Rico Drowning in Debt, Default Looms
54:05 - Bloomberg's Michelle Kaske and Phil Mattingly report on Puerto Rico's attempt to restructure its $72 billion debt load, raising the specter of a record-setting default. WL Ross & Co. Vice Chairman James Lockhart also speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
  • Is Tsipras Finally Ready to Accept Bailout Terms?
  • The Difficult Choices in the Greek Referendum
  • Get Away From it All on a 5-Star Private Island