RBS and Lloyds on loss list

ROYAL Bank of Scotland and Lloyds Banking Group have made it on to a list of the world's 25 biggest loss-making banks.

Lloyds had the ninth highest losses for 2011 at more than $5.4 billion (£3.4bn) while RBS's $1.1bn pre-tax loss put it 21st.

The National Bank of Greece topped the table with a $17.3bn loss, followed by Belgium's Dexia at $15.1bn and Italian-based Intesa Sanpaolo with $12.4bn. In the profits league, HSBC was the top UK performer, with $21.9m, in seventh position. Barclays was the only other UK bank in the top 25 with $9bn, in the number 18 slot.

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