Royal Bank of Scotland has played down reports that Sir Fred Goodwin offered to resign as chief executive before the bank confirmed plans for a record ã12bn (â¬15.1bn) rights issue this morning.
Recent speculation that RBS would be forced to mount a rights issue to rebuild its capital base, after pursuing the â¬71bn ($113bn) acquisition of ABN Amro despite the eruption of the credit crisis last year, sparked anger among asset managers, with some calling for Goodwinâs departure.
