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RBS said that it slumped to a 2011 full-year net loss of nearly $3.13 billion as the euro-zone crisis continued to weigh on its investment banking division and Greek debt write-downs hurt the U.K. bank's bottom line. […]

European stocks started slightly lower, as concerns about the outlook for the European economy continued to weigh on sentiment, and investors remained wary about the Greek bailout. […]

Here is a translation of the Federal Reserve's surprise rate policy statement. […]