Royal Bank Of Scotland Share Discussion Threads

[leedskier] 04/10/2016 08:04

FTSE100 above 7000

[maxk] 04/10/2016 08:01

If half of what you hear on the wireless is true, St Theresa is beginning to sound like a stealth bomber, blowing up all sorts of shibboleths.

[leedskier] 04/10/2016 07:54

Business leaders are failing to recognize that the new prime minister has a different view of the City of London from Cameron, the people said. May does not simply accept what the City says in the way that Cameron and his former chancellor, George Osborne, tended to do, according to one person. That realization will be a shock to some in the City, the person said.

[leedskier] 04/10/2016 07:40

The pies have it



Trading performance

Greggs continued to trade in line with our expectations in the third quarter. In the 13 weeks to 1 October 2016 total sales grew by 5.6 per cent (2015: 5.0 per cent) and like-for-like sales in company-managed shops increased by 2.8 per cent (2015: 4.9 per cent), in line with our expectations. Total sales have grown by 5.6 per cent in the year-to-date and like-for-like sales have increased by 3.4 per cent.

[leedskier] 04/10/2016 07:38

IGSquawk ‏@IGSquawk 45 minutes ago

Our European opening calls:

$FTSE 6978 -0.08%
$DAX 10502 -0.09%
$CAC 4451 -0.05%
$IBEX 8758 +0.08%
$MIB 16304 +0.18%

[leedskier] 04/10/2016 07:25

Uncertainty about the size of a penalty for a decade-old misselling scandal knocked shares in Deutsche Bank lower on Monday amid renewed doubts about the ability of Germany’s biggest bank to withstand the cost of any settlement with the US Department of Justice (DoJ).

With Germany’s stock market closed for a public holiday, its shares traded lower in New York as a stock research firm warned that Deutsche might want to tap shareholders for more cash in the wake of a fine. The bank’s shares had surged on Friday following reports that the settlement with the DoJ would be $5.4bn (£4.2bn) rather than the $14bn first suggested a fortnight ago.

However, the absence of further news rattled US investors on Monday and Deutsche shares had fallen 3% by the time European markets were closing.

[leedskier] 04/10/2016 07:18

David Buik tweeted earlier After a stellar performance in UK yesterday European opening calls allow markets to pause & reflect. FTSE -9, DAX +11, CAC +5 courtesy of IG

[leedskier] 03/10/2016 21:49

Bonds fell with stocks after data showing expansion in U.S. manufacturing bolstered wagers the Federal Reserve will raise interest rates this year. The pound slid on concern Britain may face a so-called hard Brexit.

Treasuries declined across maturities and the S&P 500 Index retreated after posting a three-week rally. U.K. shares climbed the most among western-European markets as a weaker currency boosted exporters after Prime Minister Theresa May said the country will begin to exit the European Union next year. Colombia’s assets sank as the government’s failure to gain popular support for a peace deal fueled speculation it won’t be able to deliver key tax reforms. Oil rallied as traders assessed last week’s changes to OPEC policy.

[maxk] 03/10/2016 21:04

Why does anyone do business with the yanks?

[gcom2] 03/10/2016 20:32

"before the financial crisis|"... so that's 9 or 10 years ago then

[shaws67] 03/10/2016 19:15

Another fine, what bag of nails this company is.

Goodwin must be chuckling into his Champagne breakfast every morning.

[anony mous] 03/10/2016 19:11

'Carry On' fining. Lol.

[anony mous] 03/10/2016 19:10

Royal Bank of Scotland Group will pay $120m to resolve a Connecticut state investigation into the bank's underwriting of toxic mortgage-backed securities ahead of the 2008 financial crisis.The deal, announced by Connecticut Attorney General George Jepsen, came as the bank has been seeking to resolve a series of probes and lawsuits over mortgage bonds.Before the financial crisis, authorities said, the bank's RBS Securities unit was the lead underwriter on $250bn worth of residential mortgage-backed securities, an investment product backed by payments by thousands of homeowners.

[shaws67] 03/10/2016 18:03

Will it be sun shade glasses sunny sky banks tomorrow or tin hats in the trenches ?

[leedskier] 03/10/2016 17:55

Bloomberg - British Shares Are Bright Spot as European Stocks Pare Advances

[leedskier] 03/10/2016 16:46

So banks finished up!

[leedskier] 03/10/2016 14:46

I read today that the Germans are anxious to cut a deal before the Presidential election. Given that is on 8 November they have given themselves a month to sort it out.

[tfergi] 03/10/2016 14:30

So no confirmation that the DB fine has been settled at a lower level

[maxk] 03/10/2016 11:15

Yes, but he likes a drink, so cant be all bad.

[shaws67] 03/10/2016 11:11

The president of the EU ( if i recall off the top of my head) wanted TM to hurry up and invoke A50, now Europe are saying April 2017 is too early.

Talk about kicking the can.

[leedskier] 03/10/2016 11:07

Bloomberg - Europe Warns May Won't Get Early Brexit Talks Despite Time Plan

[shaws67] 03/10/2016 09:55

careful, stay out of your knives draw in your kitchen.......oh wait, maybe not ;-)

[careful] 03/10/2016 09:45

because £ is crashing and oil is priced in $, etc etc.
cheap clothes are made abroad.

Todays market rise is because the big oil companies (,should they ever again make a profit), as they did in the past, would be higher expressed in £.
Same with the miners.

right now these groups are loss making, which make the losses greater.
Never mind, lets not spoil the fun for now.