RBS share price tanking - news?

RBS share price is down 22% at the moment according to Yahoo finance.

Anyone have any news on them?

Verbatim, do you have the latest CDS on RBS? (I.e. is it nervousness or a result of the pricing of the rights issue?).

That must be a fault with Yahoo. Bloomberg are showing them down about 2% today, although they’re down about 8% on yesterday’s high, and 15% since last Wednesday.

CDS is about 70.

Haven’t seen anything apart from the Barclays write-down.

Check the message board on yahoo finance. It’s got to do with a rights issue, apparently.