Royal Bank Of Scotland Share Discussion Threads

[dope007] 26/11/2013 16:25

Off topic but I guess today is the day Ben celebrates a 1800, 16000, 4000 close on the US markets on his printing set

[dope007] 26/11/2013 15:46

Any ideas at what price that pile of junk Twitter will get to for a short? back over $40 again so far today. Cannot see how it can ever make a profit as the whole idea of it makes chucking adverts in a complete deal breaker for Twitter users.

[dope007] 26/11/2013 15:23

Consumer confidence misses so nice spike up on the poor data

[[e-mail]] 26/11/2013 14:36

good advert on radio 2.for rbs

[dope007] 26/11/2013 14:01

I think your chart is upside down mate....

[tradejunkie2] 26/11/2013 13:49

Charts indicate 400p + incoming with a break upwards in the banking sector.

Good luck.

[dope007] 26/11/2013 13:18

And of course Krugman has no savings or assets to pass on and has spent all his toilet paper in the economy......

[pal44] 26/11/2013 13:11

think savers will decide the next election .. also by then Ed Balls would be out of the way too IMHO ..

[ramco] 26/11/2013 12:47

Indeed, in any case people like Krugman say saving is evil and savers should therefore be forcibly deprived of positive interest returns....;

Back to flat on futures in very quiet pre holiday mode....POMO at the low levels for today too....

[dope007] 26/11/2013 12:35

Savers and pensioners will be over the moon

[ramco] 26/11/2013 11:51

Carney stresses Bank of England in no rush on rate hikes

[ramco] 26/11/2013 10:27

Dow-9, S&P -0.5.....
Looks like they are not only AIM playing this morning Leeds....;

[dope007] 26/11/2013 08:54

The big banks should be broken up. Too big to fail, and too big to jail. They run the economy and not the government and need breaking apart, with all those involved in manipulation jailed. Although we will need to print some cash to build a couple to house the thieves

[leedskier] 26/11/2013 06:52

FTSE100 expected to open flat to slightly lower this morning
26 November 2013 | 06:49am
StockMarketWire.com - PRE-OPEN REPORT: The headline index is expected to open flat to slightly lower this morning, according to financial websites, following a lacklustre performance on Wall Street overnight....

US & ASIA

In the US last night, the Dow rose 8 points to 16,073, the Nasdaq added 3 points at 3,995 and the S&P500 fell 2 points to 1,802.

In Asia today, the Nikkei was recently down 61 points at 15,558 and the Hang Seng ahead 37 points at 23,721.

WTI crude oil traded at $94.09 a barrel.

LONDON MARKETS

In the corporate diary today, interim results are due from ACM Shipping Group, Assura, Caledonia Investments, Chamberlin, De La Rue, KCOM Group, Public Power, Scapa Group, Severfield-Rowen, Severn Trent, Signet Jewelers, Software Radio Technology, Telecom Plus and VP.

Final results are scheduled from Britvic, Cambria Automobiles, Greencore, Mitchells & Butlers, Paragon Group of Companies, Renew Holdings, Sanderson Group and Topps Tiles.

Allocate Software, Base Resources, JPMorgan Smaller Companies Investment Trust, Range Resources and Wolseley host their AGMs. Story provided by StockMarketWire.com

[leedskier] 26/11/2013 06:45

Nov 28, 2013 All Day USD Bank Holiday

[leedskier] 26/11/2013 06:37

TOKYO - Asian shares rose for the third straight day on Tuesday, while oil prices regained some semblance of stability after the previous session's slide as traders questioned how quickly the Iranian nuclear accord could turn into higher supplies.

[leedskier] 26/11/2013 05:47

Project Merlin was announced on 9 February 2011 by Chancellor of the Exchequer George Osborne. Under the agreement banks will lend about £190bn to businesses during 2011 - including £76bn to small firms - curb bonuses and reveal some salary details of their top earners. The Bank of England will monitor whether loans targets are being met. This was in addition to the government increasing its levy on banks to £2.5bn in 2011 - raising an extra £800m. HSBC, Barclays, Royal Bank of Scotland (RBS) and Lloyds Banking Group have signed up to the Project Merlin agreement, while Santander has agreed to the lending parts of the deal. Other pledges include providing £200m of capital for David Cameron's Big Society Bank, which is intended to finance community projects.

[leedskier] 26/11/2013 05:41

RBS appoints law firm Clifford Chance to examine small business allegations
Bailed-out Royal Bank of Scotland has been accused of deliberately wrecking viable small businesses to make profits '''''''


McEwan, who took over from Stephen Hester in October, said in a letter to Large: "It is clear from your report that we have over-corrected for the reckless lending practices that broke this bank five years ago." McEwan is releasing another £6bn of potential lending to small business customers who are to be written to.

Lord Oakeshott, the Liberal Democrat peer who resigned as his party's Treasury spokesman over the project Merlin deal with the banks, said: "We all knew in business that Project Merlin was a con, but the Treasury either couldn't or wouldn't see through Mr Hester's evasions on RBS's lack of appetite for SME lending."

Andrew Tyrie, the Conservative MP who chairs the Treasury select committee, said the Large report highlighted a cultural problem in RBS's approach to SMEs: "It confirms what my Parliamentary colleagues and I have been hearing for a number of years and which was, at various times, vigorously rebutted by RBS."