Professor Lawrence White explains why he does not believe the Royal Bank of Scotland will receive government subsidies to stem layoffs in its Stamford headquarters
— March 1, 2018
Excerpt from Stamford Advocate -- "'RBS is generally pulling back, and I don’t think there’s a lot the governor or state Legislature can do to avoid the pulling back,' said Lawrence J. White, a professor of finance at New York University. 'Trying to give them subsidies to stay is a losing bid. You can’t turn back the clock.'"