Royal Bank Of Scotland Share Discussion Threads

[ramco] 20/5/2013 14:07

Texas on Friday became the latest state to sue BP, Halliburton (HAL) and others tied to the 2010 Gulf of Mexico oil spill, alleging the parties "engaged in willful and wanton misconduct." The Texas lawsuit asks for money for various reasons including sales and hotel occupancy taxes the state says it didn't receive because visitors didn't go to its Gulf Coast communities due to the spill.

[ramco] 20/5/2013 14:05

On the hour: S&P -0.15%. 10-yr +0.17%. Euro +0.13% vs. dollar. Crude -0.57% to $95.74. Gold -0.89% to $1352.55.

[jwe] 20/5/2013 14:02

Yes,France under Hollande is an absolute basket case

[ramco] 20/5/2013 13:56

The Germans ballyhoo and point fingers at Cyprus, Luxembourg, Malta and the like as being financial centers where the banks are much larger than the economy. Yet nowhere in Europe is this issue so pointed as in France. The French banking system is 400% bigger than the economy of France and this is the worst ratio in all of Europe. Please compare this to the American situation where our banks are roughly equivalent (100%) with our economy.

The combined tax rates for wealthier people is not the 75% number that we have seen bandied around but more than 100% for the richest of France. Even the Supreme Court of France has declared this not taxation but confiscation. Mr. Hollande does not want any more austerity but wants to increase social programs, add more sovereign debt, raise their equivalent of social security payments and lower the retirement age. Whatever political niceties that have been bandied about it is clear that Germany and France are in diametric opposition.

Then as France slips further into recession and as their non-performing loans increase and as their massive amount of securitizations rapidly decline in value; their banking system will come under extreme pressure. Much is hidden and cloaked in France but bills that must be paid will begin to take their toll and the uncounted liabilities do not disappear just because no one adds them up correctly....;

[leedskier] 20/5/2013 13:45

This post may be relevant today too ...


RBS 'A NEW THREAD II' - RBS
smurfy2001 - 19 May 2013 - 21:03:12 - 109772 of 109794

Mon, May 20, 2013 Tue, May 21, 2013 Outright Treasury Coupon Purchases 02/15/2036 - 05/15/2043 $1.25 - $1.75 billion

Tue, May 21, 2013 Wed, May 22, 2013 Outright Treasury Coupon Purchases 08/15/2020 - 05/15/2023 $2.75 - $3.50 billion

Wed, May 22, 2013 Thu, May 23, 2013 Outright Treasury Coupon Purchases 02/15/2036 - 05/15/2043 $1.25 - $1.75 billion

Thu, May 23, 2013 Fri, May 24, 2013 Outright Treasury Coupon Purchases 02/28/2019 - 05/15/2020 $3.00 - $3.75 billion

[ramco] 20/5/2013 13:42

Apr. Chicago Fed National Activity Index: -0.53 vs. -0.23 prior.

[leedskier] 20/5/2013 13:29

Rather like Tucker's words about the need to draw a line under semi-socialised banks.

[ramco] 20/5/2013 13:26

Thats not only horrific but amazing leeds....;

[ramco] 20/5/2013 13:25

"France, but also Germany, have a special responsibility, as heavyweights in the eurozone, to take seriously the new deficit reduction rules," Bundesbank chief Jens Weidmann says, becoming the second official in a week to remind France of its obligation to cut its budget deficit to 3%, even if it takes a few extra years. There is a "certain amount of flexibility" in the rules, Weidmann continues, but their "credibility won't be enhanced if one were to exhaust [that] flexibility right at the start." Translation: Weidmann doesn't want anyone pushing their luck.

[highland terrier] 20/5/2013 12:56

portside,

Have you sold your rbs shares yet?

[portside1] 20/5/2013 12:47

is mt tip from last week about to start to break out NEX 211p now 217p looking for over 400p by xmas

[skinny] 20/5/2013 09:19

Numis Buy 348.75 308.00 410.00 Upgrades

Deutsche Bank Hold 348.75 275.00 - Retains

[flvt] 20/5/2013 08:58

Just find it, thanks

[flvt] 20/5/2013 08:58

Do anyone know (or how to work out) the value of BARC, LLOY & RBS please.

[chinese investor] 20/5/2013 08:58

I'll be Selling for 349.9p !

[jazza] 20/5/2013 08:39

Beep beep whirr

[chinese investor] 20/5/2013 08:30

Relentless !

[jazza] 20/5/2013 07:10

Sanctions?



Prime Minister David Cameron has urged British overseas territories to "get their house in order" and sign up to international treaties on tax.

He wrote to 10 territories and crown dependencies, including the Cayman Islands and the Isle of Man, which operate low-tax regimes.

[jazza] 20/5/2013 07:01

Those calling for the UK to leave the EU are "putting politics before economics", business leaders have said.

In a letter to the Independent, figures from BT, Shell, Lloyds Banking Group and Deloitte, estimated membership was worth up to £92bn a year to Britain.

But the 19 signatories accepted reforms were needed and urged David Cameron to protect the City from EU ideas which they said put its standing at risk.