Still surprised by the proposed shock break-up of Dutch bank ING and fearing harsh sanctions from European regulators as the price of state support, fund managers sold the part-nationalised banks. Royal Bank of Scotland, which is over 70pc owned by the UK taxpayer, fell 3.58p more to 40.84p, while 43pc taxpayer-owned Lloyds Banking Group declined a further 5.42p to 83.92p.