Royal Bank Scot Share Chat - RBS
|Share Name||Share Symbol||Market||Type||Share ISIN||Share Description|
|Royal Bank Of Scotland||LSE:RBS||London||Ordinary Share||GB00B7T77214||ORD 100P|
|Price Change||Price Change %||Share Price||Bid Price||Offer Price||High Price||Low Price||Open Price||Shares Traded||Last Trade|
|Industry Sector||Turnover (m)||Profit (m)||EPS - Basic||PE Ratio||Market Cap (m)|
Royal Bank Of Scotland Share Discussion Threads
Showing 141251 to 141273 of 141275 messages
|Better day here. +2.33%.||leedskier|
|That seems a good use for it.||leedskier|
|Leedskier... I have seen an advert for "Normandy Tours" for the veterans and it states that they are "Libor fines funded" which might be the way they are being used.||666james|
|That appears to me to have been a breach of the Money Laundering regs. All banks have senior MLA officers as part of their Compliance Team and the referal requirements are well laid down. It looks like they didn't approve/refer the £1.88bn payment properly. If thefunds had gone to ISIS there would have been an outcry! Looks like, yet again, they had their eye off the ball and need to sharpen up.||ianood|
|What happens to all of these fines? This one seems a touch excessive .... The Financial Conduct Authority (FCA) today announced it was fining Barclays £72m for "failing to minimise the risk it may have been used to facilitate financial crime." In 2011 and 2012 Barclays oversaw a £1.88bn transaction between a number of "politically exposed" ultra-high net worth individuals, who are seen to be especially vulnerable to the risk of bribery and corruption. The FCA said Barclays should, therefore, have carried out even greater levels of due diligence and enhanced monitoring of the clients, which it failed to do. Investors seemed unconcerned, however, with Barclays' share price up 1.38 per cent to 224.55 per share in morning trading. There is no suggestion from the FCA that the transaction was unlawful, but a number of aspects indicated a higher risk of financial crime, which it says Barclays ignored. In fact, the FCA statement says Barclays applied a lower level of due diligence than its policies required for transactions of a lower risk profile. Barclays didn't even follow its standard procedures, "preferring instead to take on the clients as quickly as possible". Barclays generated £52.3 million in revenue from servicing the transaction, which was the largest the bank had undertaken for individuals.||leedskier|
|The article suggests not before 2020, but that surely must be a misquote!
The taxpayer's stake in bailed-out Royal Bank of Scotland will be sold down further in 2020/21, as the Government steps up plans to re-privatise the bank.
Chancellor George Osborne sold a £2.1bn stake in RBS to private investors in August, as part of a wider plan to sell £25bn worth of shares by 2020.
Now, he hopes to make a further £5.9bn windfall from a further share sale.
The expanded RBS sale comes alongside a wider privatisation programme in which the government hopes to offload £5bn of assets which have traditionally been in public ownership.
So far assets totalling £4.6bn have been earmarked for disposal, the Chancellor announced in the Autumn Statement.
Those include the Land Registry, which could be sold off in 2017, while the Goverment has said it will "develop options to bring private capital into the Ordnance Survey by 2020".
|Last Telegraph article I can see on RBS was on 24 Oct : Recovering RBS clears path to dividends at last Strong finances could lead to a payout to shareholders next year, the first since 2008 and ahead of the bank’s 2017 schedule||gcom2|
|According to the Telegraph HMG wishes to sell a lot of its RBS shares. The Market is pricing that sale.||leedskier|
|Opened up,and bots on within seconds today! Damn those HFT boys and their eagerness to mug people.||begorrah88|
|GS (apart from getting their MD in Brazil arrested for the biggest corruption scandal the brazilians say...;) already marked down earlier.... Can anyone say short squeeze...;)||ramco|
|Just when you thought it was safe to hike rates, The Atlanta Fed takes an ax to its Q4 GDP forecast, smashing it to cycle lows following this morning's unexpected weakness in consumer spending. The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2015 is 1.8 percent on November 25, down from 2.3 percent on November 18. The forecast for the fourth-quarter rate of real consumer spending declined from 3.1 percent to 2.2 percent after this morning's personal income and outlays release from the U.S. Bureau of Economic Analysis.||ramco|
|Hey Cowboy, trust your mum is still feeding you..no posting of rockets to the moon then....||ramco|
|Following US Manufacturing PMI's tumble to two year lows, amid slowing new orders and employment, Markit reports that US Services PMI rose to 56.5 - its highest since April. Amid a solid increase in job creation (low-paying compared to the job weakness in manufacturing) and improvement in business growth, the divergence between Services & Manufacturing is at its highest since Q3 2013 which presaged a complete collapse in Services.||ramco|
|USD just shy of its daily high....;||ramco|
|Leeds have you seen this.....;
|Jazza is gonna love this......;) US consumer is hunkering down at an unprecedented pace, and the 5.6% savings rate is now the highest since 2012, suggesting not only are US consumer unwilling to spending much money, but are actively worried about what is coming just around the corner.||ramco|
|While initial claims collapsed 11k to 260k, practically cycle lows and the hovering at the lowest level since 1973. But in continuing claims, something is different. The last 4 weeks have seen continuing claims rise 2.85% - the fastest pace of increase since July 2013. Of course, none of that matters with a Fed set on hiking rates no matter what, but it is seasonally aberrant to see a surge of this scale this time of year.||ramco|
|For the 7th month in a row, Durable Goods New Orders fell year-over-year (down 1.0%). This has not occurred without a recession. While MoM the headline number rose 3.0% (beating the 1.7% rise expected), it appears driven by another one-off surge in Boeing plane orders as Capital Goods Shipments Ex-Air fell 0.4%. Finally, the inventory to shipments ratio re-accelerated in October, back near cycle highs.||ramco|
|The worst performing currency yesterday was the British pound. It experienced broad based losses on the back of dovish comments from the Bank of England. In the first half of the year investors bought sterling aggressively on the belief that the Bank of England would raise interest rates shortly after the Federal Reserve. While the BoE is still poised to be the second major central bank to hike, the gap between the first move from the Fed and the BoE is widening quickly. U.K. data hasn't been terrible (service and manufacturing activity accelerated in October) but policymakers are extremely concerned about low inflation. According to BoE Chief Economist Haldane, "balance of inflation risks is skewed materially to the downside." BoE Governor Carney was less pessimistic - he said productivity may pick up faster than forecast but he was worried about the "significant" pressure on households and raised concerns about how rate increases could hit consumption. The big problem for the BoE is the strength of the currency. Since the beginning of the year, sterling appreciated between 8 to 10% versus the euro, Australian, Canadian and New Zealand dollars. Not only has the strong currency putting downward pressure on prices in a low inflation environment but it also hurt exports. The U.K. conducts the majority of its trade activity with the European Union and the recent slide in EUR/GBP means trouble for the economy. Recent developments have been negative for the pound and at this stage the 1.50 level in GBP/USD is looking dangerously vulnerable. Add: further to your comments yesterday Leeds...;||ramco|
|Such puerile ill informed nonsense....;||ramco|
|Look how the share price doesn't move today after such big recent moves, no algorithmic trading today||gcom2|