Split RBS into a "good" and "bad" bank now urges Bank Governor Mervyn King as he slams current system as a "nonsense"

Split RBS into a 'good' and 'bad' bank now urges Bank Governor Mervyn King as he slams current system as a 'nonsense'Taxpayers will have to bear the costs of reprivatisation, King warnsRBS is currently holding the wider economy back, the Governor saidCriticisms come just days after RBS boss Stephen Hester said plans to return to the private sector were on track from 1.8 billion in 2011.