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Examples
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The bank took a £1.55 billion charge against earnings linked to the asset-protection program.
RBS's Net Loss Narrows to $1.55 Billion Margot Patrick 2011
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The 84% government-owned bank joined the so-called asset-protection scheme in 2009 to protect it against toxic assets.
RBS Saves in Early Exit Patricia Kowsmann 2011
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A report in the Financial Times said Royal Bank of Scotland could exit the U.K. government's asset-protection program, set up to protect banks against bad or risky assets, by the end of this year.
Ifo Report, RBS Give Europe a Lift Barbara Kollmeyer 2011
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The bank joined the so-called asset-protection scheme in 2009 to protect it against toxic assets.
Business Watch 2011
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I concur with the asset-protection theory, courtesy of small dead animals.
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RBS recorded a £ 858 million charge for the fair value of its own debt, and a £ 825 million charge related to the asset-protection program.
RBS Loss Narrows Patricia Kowsmann 2010
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In LONDON, shares of Lloyds Banking Group dropped 22% after it failed to clinch a deal with the U.K. government, although the British lender said it is in advanced talks about participating in the government's asset-protection plan.
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Moreover, a sale still could leave Barclays postparticipation in the asset-protection plan with a core Tier 1 ratio of 6.4%, below Royal Bank of Scotland Group PLC and Lloyds Banking Group PLC, at over 9%.
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Insuring about £80 billion of toxic assets under the U. K.'s asset-protection plan likely would cost Barclays about £6 billion in fees.
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RBS will also "place at least 200 billion pounds of toxic assets into the government's asset-protection scheme, a controversial insurance scheme designed to protect banks against further losses."
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