UPDATE 1-Seven years after bailout, UK starts RBS sell-off with $3 bln stake sale

LONDON, Aug 3 (Reuters) - Britain started to return its holding in Royal Bank of Scotland to private investors on Monday, seven years after it bailed out the bank, selling a stake worth 2 billion pounds ($3.1 billion) at a loss.

from Reuters: New Issues News http://ift.tt/1eO0F2J