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RBS CEO Goodwin quiet on insurance sale as bank reports £691m loss

Royal Bank of Scotland Insurance has reported £403m opertaing profit for the first half of 2008 (2007 H1 £258m).

The bank - whose chief executive Fred Goodwin made no mention of the RBSI sale in his results statement - added total income was slightly lower at £2.8bn, "reflecting a strategy of discontinuing less

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