Royal Bank Of Scotland Share Discussion Threads

[dope007] 26/11/2013 22:47

You had to remind me didn't you. Closed Tesla shorts at over $170!!!!!!! several times for small profit. Hmmphhhhhhhh

[ramco] 26/11/2013 22:21

But he can be and has been known to exhibit obsessive shortist behaviour....lol ..;)

[dope007] 26/11/2013 21:14

No not short. Have a small VIX long, and went to cash in the ISA 6 months ago

[wireless] 26/11/2013 21:13

So if RBS faces possible criminal investigation why not BARC and LLOY? They would surely be up to their eyes in it as well.

[leedskier] 26/11/2013 21:06

FINANCIAL TIMES

Tuesday November 26 2013


FT EXCLUSIVE

RBS faces possible criminal probe

The Serious Fraud Office is considering a criminal investigation into allegations Royal Bank of Scotland systematically defrauded companies by forcing them out of business, amid growing pressure on the bank over its treatment of small and medium-sized concerns

[ramco] 26/11/2013 20:53

From a GS acolyte one can be forgiven to say that's rich....;

[leedskier] 26/11/2013 20:52

He rejected the notion that banks might have been tempted into "a grey area of banking" by a requirement to hold more capital to protect themselves against the impact of future potential crises, arguing there was no justification for "predatory restructuring".

"There was a need for a number of institutions including RBS to reduce the size of their balance sheet but the big material areas where balance sheet reduction could make the biggest difference were concentrated on their investment banking and international activities as opposed to their core UK activities.

[ramco] 26/11/2013 20:51

In just the past 5 years alone, Chinese bank assets (and by implication liabilities) have grown by an astounding $15 trillion, bringing the total to over $24 trillion. In other words, China has expaneded its financial balance sheet by 50% more than the assets of all global central bank combined!

[leedskier] 26/11/2013 20:49

Mark Carney has described as "deeply troubling and extremely serious" allegations that Royal Bank of Scotland has been deliberately wrecking small businesses to make a profit.

The Bank of England governor told MPs on the Treasury select committee that if the claims about the bailed out institution proved to be true "this behaviour is a fundamental violation of the integrity of the banking relationship".

[ramco] 26/11/2013 20:38

Lol....;

Add: upon all the hours and posts that Leeds has provided...with justifiable angst....lol on that specific subject in the words of a famous tennis player....You can't be serious!!

[leedskier] 26/11/2013 18:37

I had a keyboard disaster a few days ago, involving a glass of red wine, hence my inactivity recently, save for the pre morning C&P, though I managed to post from my Android a few times.

Now I am using a bluetooth wireless keyboard with my mac book. Must say it is far more comfortable and never misses a keystroke.

[ramco] 26/11/2013 18:31

Think China will dwarf on that score Dope I.e China paper out of pure printing prowess as opposed to stock market ramping to buy American assets ...or simply swallowing other countries whole....;

[leedskier] 26/11/2013 18:29

Yes... 'me first' seems to be the mantra there ;

[dope007] 26/11/2013 18:03

Leeds it is all about USA control. Why should they allow other markets to be higher than theirs? They want to use USA paper to buy foreign assets, so ramp their own ahead of others

[leedskier] 26/11/2013 17:43

The real winner this year has been the FTSE250!

[leedskier] 26/11/2013 17:32

The story year to-date.

So when the S&P500 corrects, will the FTSE100 track it down ;

[leedskier] 26/11/2013 17:26

Now for today's apologist's observations.



FTSE100 ends firmly lower as miners and retailers suffer
26 November 2013 | 16:41pm
StockMarketWire.com - END-OF-DAY REPORT: The headline index ended the session firmly lower, with weakness in the heavyweight mining sector applying much of the downward pressure and supermarket operators losing ground.

At the close of business, the FTSE100 was down 58.4 points at 6,636.22 and the FTSE250 ahead 6.21 points at 15,306.13.

NEW YORK

US stocks made modest gains late morning as upbeat homes data offset news of a fall in consumer confidence in November.

Heading for the close in London, the Dow Jones Industrial Average was up 28 points to 16,101, the S&P500 added 3 points at 1,805 and the Nasdaq Composite rose 14 points to 4,009.

LONDON MARKETS

A lacklustre first half performance from waste and water group Severn Trent sent the shares down 24p to 1,761p. Peer United Utilities, which reports results Wednesday, fell 8.5p at 657p.

Drinks giants SABMiller and Diageo fell 79.5p to 3,175p and 32p to 1,968p, respectively, on the read across from a downbeat outlook statement from rival Remy Cointreau.

Supermarket operators were on offer, with investors concerned over their apparent loss of market share to budget rivals Aldi and Lidl in the lead up to Christmas. Tesco fell 8.9p to 345,35p, Sainsbury lost 3.45p at 405.45p and Morrisons was 2.9p lower at 263.7p.

News from peer Hugo Boss of a slowdown in growth in China helped luxury retailer Burberry to close down 9p at 1,489p.

The miners retreated from modest early gains Rio Tinto sliding 54p to 3,110p, BHP Billiton off 34p at 1,841p and Anglo American down 37p at 1,334.5p, while Glencore Xstrata dropped 7.25p to 304.8p on reports Chinalco has back off from its approach for the group's Las Bambas copper business in Peru.

Banks were mixed, with Royal Bank of Scotland finally succumbing to news of regulatory investigations of its activities, easing 1.6p at 329.9p, while Lloyds edged down 0.19p to 75.21p and Barclays added 1.7p at 260.8p.

Plumbing giant Wolseley topped the leaderboard, up 105p at 3,349p on expectation of a strong update when it reports on Q1 progress on Thursday.

Story provided by StockMarketWire.com

[wireless] 26/11/2013 17:22

....no doubt they will be celebrating these nice round numbers but what is horrifying is where next will these lunatics take us.

[ramco] 26/11/2013 17:05

Why? what happened to every night...;

[wireless] 26/11/2013 17:00

Yes Dope, without a doubt Bernanke, Carney and the other evil lunatics in charge of the world economy will be cracking open the Bollinger tonight.....