Royal Bank of Scotland (RBS) has withdrawn from the government's scheme that provides insurance against losses from banks' riskiest assets. The Asset Protection Scheme was set up in 2009 and would have meant that taxpayers had to absorb the losses. Since then, RBS has been able to get rid of the £280bn of loans and investments it put into the scheme without having to make a claim. RBS has paid £2.5bn for the insurance provided by the scheme.....Read more here: RBS leaves governments toxic asset insurance scheme