Royal Bank Of Scotland Share Discussion Threads

[ramco] 22/5/2013 13:57

FRBNY Bill Dudley says it will be 3-4 months before the Fed will have a sense of how the economy is responding to fiscal drag and can decide whether to reduce (or expand?) asset purchases. Speaking to Bloomberg, Dudley says the FOMC has yet to get to a point of agreeing on a strategy for cutting back QE. Three-four months? ... Should make Bernanke's Jackson Hole speech an interesting one....;

[omega1525] 22/5/2013 12:45

what would be the effect on the share price, if uk gov was to sell its holding?

[chinese investor] 22/5/2013 12:13

IMF Speech - Telling HMG to privatise their Holdings in RBS and LLOY
and
Stimulate Growth !

[ramco] 22/5/2013 11:52

jwe, agree it's not as assertive however that's hardly surprising but the overall crafted message is the same..;

[chinese investor] 22/5/2013 11:49

I'll be Selling at 349.9p.

[gcom2] 22/5/2013 11:04

Looks good to me.

[skinny] 22/5/2013 11:01

Its given the share price a fillip.



The Royal Bank of Scotland Group plc ("Group" or "RBS") has been informed as to the outcome of the Prudential Regulation Authority's consideration of its capital position. The Group can confirm that it expects to further improve its Core Tier 1 capital ratio and meet its capital requirement through continued delivery against its business plan.

The key elements of the plan were provided to shareholders as part of RBS's Year End 2012 and Q1 2013 Results announcements. It contains management actions relating to reductions in the size of its Markets business and Non-Core assets, as well as the plans for a partial IPO of Citizens. It makes assumptions as to RBS profitability and regulatory capital model developments ahead of CRDIV becoming effective. Some of these actions extend beyond year end 2013. The plan contains provision for lending expansion in RBS Core UK Divisions. The plan does not call for issuance of contingent capital instruments, though this remains an option open to the Group.

RBS remains committed to a prudent approach to capital and to support for economic growth in the UK real economy.

Stephen Hester, RBS CEO commented:

"We are pleased with RBS's progress and momentum towards completing RBS's return to full financial health. Our balance sheet has been transformed and our core business has plentiful surplus funding to support continued growth in lending."

[jwe] 22/5/2013 11:00

That statement does not look quite so clear cut as the one LLOY issued earlier

[avatar333] 22/5/2013 10:26

I do. This 'global warming' (LOL) worries me to death.

;

[gcom2] 22/5/2013 10:24

Who really cares, better times are coming. Get a software update.

[avatar333] 22/5/2013 10:11

LOL

I knew it!

Bad weather hits retail sales again

UK retail sales in April were 1.3% lower than in March as bad weather continued to dent spending, official figures show.

[ramco] 22/5/2013 10:09

That's not really a surprise on this board given Avatars
updates on that front....;

[avatar333] 22/5/2013 10:08

Due to the weather?

;

[jwe] 22/5/2013 09:34

UK retail sales figure surprisingly poor

[chinese investor] 22/5/2013 09:20

More Relentless !

[chinese investor] 22/5/2013 09:14

Relentless !

[speedy] 22/5/2013 09:04

Darby O'Gill and the little people ate my tax bill ... ;-)



"A U.S. Senate investigation revealed Tuesday that Apple, maker of iPhones, iPads and Mac computers, channeled profits into Irish-incorporated subsidiaries that had "no declared tax residency anywhere in the world.

Apple said on Tuesday that the arrangements dated back over 30 years and had been negotiated with Ireland's government, which has long angered European economic peers such as France and Germany by helping multinationals to avoid paying tax on sales it makes to their citizens in their domestic markets."

[begorrah88] 22/5/2013 08:02

I think of Salmond as a rebellios teenager who wants his own independence but isn't really grown up enough to be self sufficient.

He won't be told and will either

a] get his own way and come to regret it when it all goes wrong

or

b] will not get his own way and will be bitter for the rest of his life

Either way I see him on the Jeremy Kyle show in years to come blaming everyone but himself.

[jwe] 22/5/2013 07:57

What Salmond is doing, is effectively trying to blackmail the rest of the Union by stating either we keep the £ or we aren`t going to pay you what we owe.
What he is in grave danger of doing is alienating those of us in the rest of the Union that actually wants it to stay together to the point where we do not want Scotland anyway,and given a chance in the ballot box will vote for that.
I did read in one survey recently that currently there are more English that want Scotland to go there own way than there are Scots,this rhetoric will only increase that.I would add(again)that is not a view i share

[leedskier] 22/5/2013 07:32

22 May 2013 | 07:31am
StockMarketWire.com - •Annual CPI inflation was 2.4% in April 2013, down from 2.8% in March

Commenting on the Consumer Price Index (CPI) for April 2013, published today by the ONS, David Kern, Chief Economist at the British Chambers of Commerce (BCC) said:

"The drop in inflation to 2.4% in April is the first time that a slowdown has been recorded since September 2012. This is welcome news, and will ease pressures facing businesses and consumers. The largest downward contribution to inflation in April came from transport costs, notably motor fuels and airports.

"Although there are still risks that inflation may edge up in the next few months, it is now unlikely that we will see an increase to 3% as previously feared. It is reasonable to expect modest declines in inflation in the fourth quarter of this year, and through to 2014. However falls in sterling could still pose risks to inflation over the year ahead, particularly if the MPC adopts much more expansionary policies and increases QE. We believe that the economy needs a period of falling inflation so that domestic demand can stabilise as exporters are hampered by global challenges, particularly in the eurozone."



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