Goldman returns to RBS fold

Friday 18 April 2008 at 15:06

Goldman Sachs has returned to work with Royal Bank of Scotland after missing out on bumper fees from its €71bn ($113bn) acquisition of ABN Amro last year.

RBS has hired Goldman Sachs and Merrill Lynch to underwrite a rights issue that could be announced as early as next Monday, according to people familiar with the matter. Goldman Sachs and Merrill Lynch declined to comment.