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RBS Sells Off Nearly $1B In Real Estate Loans

By Andrew McIntyre (July 23, 2015, 5:42 PM EDT) -- The Royal Bank of Scotland Group PLC said Thursday it is selling a real estate loan portfolio to Apollo Global Management LLC funds and a Deutsche Bank AG unit for roughly £400 million ($620.4 million), and another to a Cerberus Capital Management LP entity for about £225 million ($349 million)....

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