It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Royal Bank of Scotland about to write off $840 Billion of Greece debt .....
Allianz SE (ALV), Europe’s biggest insurer, said second-quarter profit fell 8.2 percent, missing analyst estimates following writedowns on Greek sovereign bonds.
Royal Bank of Scotland Group PLC said Friday that it swung to a second-quarter net loss of 897 million pounds ($1.46 billion) from a profit of 257 million pounds a year earlier, due to provisions on Greek debt and a charge to cover mis-sold insurance policies.