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| Name | Symbol | Market | Type |
|---|---|---|---|
| Royal Bank of Scotland Group PLC | NYSE:RBS | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 3.09 | 0 | 01:00:00 |
From May 2019 to May 2024
By Ian Walker
LONDON--- Royal Bank of Scotland Group PLC said Tuesday that full-year impairments would be lower than expected as it continues to see an improvement in economic conditions and asset prices in its key markets, including Ireland.
The 80% government-owned bank said it now expects to "significantly outperform" its previous guidance of around GBP1 billion total impairments for 2014, without giving new figures.
RBS also cited a strong operating performance from its RBS Capital Resolution unit, lower arrears in Ulster and an absence of large one-off impairments and lower levels of new nonperforming loans for its upbeat update.
However, the bank did note that revenues at its Corporate & Institutional Banking unit had been weaker than anticipated in the third quarter.
Write to Ian Walker at ian.walker@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Royal Bank of Scotland Chart |
1 Month Royal Bank of Scotland Chart |
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