Media playback is unsupported on your device

RBS boss 'delighted' bank will not be split in two

1 November 2013 Last updated at 12:41 GMT

RBS chief executive Ross McEwan has said he is "delighted" following the decision not to split the bank into 'good' and 'bad' banks.

He told BBC business editor Robert Peston he expected to speed up the reduction of 'toxic' debt which, he said, was now less than 10% of the bank's assets.

A report found that RBS had performed badly in lending to small businesses - Mr McEwan put it down to the fact that "five years ago we were broke".

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.