Royal Bank Of Scotland Share Discussion Threads

[leedskier] 28/9/2016 12:50

Bank of England Deputy Governor Minouche Shafik said officials could ease policy as early as their next meeting on Nov. 3, even before the government announces any fiscal measures in response to Britain's Brexit vote.The BOE has previously said most officials expect to act again this year, after the Monetary Policy Committee cut their key interest rate for the first time in seven years in the wake of the decision to quit the European Union. The timing of the central bank's judgment is complicated by the fact that U.K. Chancellor Philip Hammond won't deliver his end-of-year fiscal statement until Nov. 23.Bloomberg - Shafik Says BOE Could Ease Before Hammond Outlines Brexit Plan

[avatar333] 28/9/2016 11:41

I imagine the vast majority of them post(ed) on AIM BB.

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[leedskier] 28/9/2016 11:35

None who post here.

[avatar333] 28/9/2016 11:31

I've been meaning to ask for a while, leedskier:

Would you be kind enough to furnish us with a list of the avatars that you have filtered, please?

[avatar333] 28/9/2016 10:28

Welcome back, begorrah88.

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[avatar333] 28/9/2016 10:28

LOL

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[begorrah88] 28/9/2016 10:25

....and the latest cliff edge to dive off?Odd that the FTSE rise to 6800 didn't have any input from the banks yet when it has a wobble the banks are in perfect synchronicity with it.Those damned bots!

[avatar333] 28/9/2016 10:17

Morning.

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[tfergi] 28/9/2016 09:18

The bank's existing provisions totalled $3.8bn at the end of June So they have $2.7bn left to settle the remaining claims......

[tfergi] 28/9/2016 09:17

Among outstanding civil and criminal actions against RBS are claims from the US Department of Justice (DoJ) and the Federal Housing Finance Agency Still 2 BIG Ines to come.....

[gcom2] 28/9/2016 09:15

rbs should pay that 1.1bn in 1p's

[maxk] 28/9/2016 09:05

ok, so the ceo says there is no question of a gov bailout.

Fair enough...but what he didn't say is there will be "no bailout"


Who's on the hook?

[leedskier] 28/9/2016 08:55

Incidentally DB's CEO announced that there is no question of a Govt bail out.

[tfergi] 28/9/2016 08:54

Is it just the big fine we are waiting for now?

[leedskier] 28/9/2016 08:54

Asset sales by DB begin ... First under the hammer is .....Newsflash: Deutsche Bank has just agreed to sell Abbey Life, its UK life assurance group, to £935m.Deutsche are selling the business to Phoenix Group, Britain's largest owner of life assurance funds.This should give Deutsche some much-needed extra capital, to help pay that US fine. However, the deal will also trigger a £800m pre-tax loss (due to goodwill impairment).

[leedskier] 28/9/2016 08:29

I guess DB has replaced US rate rise fears and brexit as this week's trading volatility chess queen, or is it rook.

[leedskier] 28/9/2016 08:27

DB is rising today up more than 3%.

[leedskier] 28/9/2016 08:23

According to the WEF the country with the longest life expectancy is ....


HK.


High rise living is plainly no bar to a long life. Diet is said to be a major factor. Lots of rice and fish.

[cfc1] 28/9/2016 08:22

tfergi....hard to understand all the legal BS and detail around these fines. Hate the way our gov't doesn't hit back and warn them we will start really investigating their businesses in the UK and fight back!

[gcom2] 28/9/2016 08:17

2 off the list

[leedskier] 28/9/2016 08:15

Market seems happy. Insofar as it is happy about anything!

[tfergi] 28/9/2016 07:47

Those are good settlements aren't they? But not the big one we are waiting for?

[leedskier] 28/9/2016 07:09

The Royal Bank of Scotland Group plc (RBS Group) has reached a final settlement with the National Credit Union Administration Board to resolve two outstanding civil lawsuits for US$ 1.1 billion (GBP846 million). The settlements, involving its subsidiary RBS Securities Inc., relate to the two residential mortgage-backed securities (RMBS) cases (asserting claims on behalf of US Central Federal Credit Union and Western Corporate Federal Credit Union), most recently disclosed in RBS's 2016 Interim Results Announcement ("2016 Interim Results"). The settlement amount is substantially covered by existing provisions as of 30 June 2016 and will have no material impact on the RBS Group's CET1 ratio.