Royal Bank Of Scotland Share Discussion Threads

[careful] 23/10/2016 10:42

Having read the article in the Sunday Times I think it is a wind up.
Our treasury apparently agreed to this brussels intervention at the time of the bale-out.
RBS have been given an extension already.

It would be provocative to the point of madness for brussels to invoke this condition after the Brexit vote.

If the UK ignored the ruling they would be breaking European Law.
Could you imagine ministers being dragged through a European Court on this issue after the Brexit vote?

Go ahead punk, make my day, says Farage.

[maxk] 23/10/2016 10:20

How can €uropean Kommission take control of anything?

Who are "they", Frankfurt?


Article 50 now, and stop messing around.

[gcom2] 23/10/2016 10:13

I believe a branch disposal announcement is imminent. They are well aware of the deadline.

[cfc1] 23/10/2016 09:56

if the EC take control of W&G that poses even bigger questions we vote out of the EU.. But if it happens then CEO should GO! It will prove that his mgmt team are rubbish and cant seem to complete anything!

[bigbigdave] 23/10/2016 07:56

RBS braced for Brussels to take control of failed branch sale

Royal Bank of Scotland is braced for the European Commission to take control of a section of its business as punishment for failing to meet promises made as part of its 2008 taxpayer bailout.

The bank, still 73% owned by the taxpayer, has just 10 weeks left to announce a sale of a network of 300 branches in order to meet a deadline agreed with Brussels.

The disposal was one of five conditions imposed on RBS when it accepted a £46bn rescue from British taxpayers.

(Afraid full article is subscription)

[ball deap] 23/10/2016 00:15

Shaws67 I said to you ages and ages ago about your positions, its up to you if you don't listen to the wisdom I am kindly dispensing out of the good nature of my heart for you !!! then that's your problem. I said too you the shares game needs time and effort, that you just can't learn from watching the X factor and secretly scratching a testicle in your left side pocket, yeh I know about the wart. I did say to you about that last trade you did!, now you are moaning??. Am I my brothers keeper? A matter of opinion... But I did say too you from the start.

[smurfy2001] 22/10/2016 17:10

After eight hard years and a £52bn loss, can RBS ever be privatised?

This week’s results for the bailed-out bank are expected to be weak again. Is it now time to contemplate a break-up?

[chiefbrody] 22/10/2016 12:09

Wouldn't expect any news on Div till the end of the decade myself.Hence the share price being in the toilet.

[cfc1] 22/10/2016 11:31

ok 28th Oct...another quarterly update from RBS....wonder what this one will bring..usually another mess....surely its time for some positive news...not that interest rates help the bank...but I would hope we get updates on W&G at least...cant see news on DoJ....as still haven't sorted the Deutsche deal yet...so RBS in the queue.
Do we run to 250+ or lose the 20p gained back this week...
News on gov't disposal or hint at divi would blast this share price upwards.

[shaws67] 21/10/2016 22:45

fek off you fud, lol.

You know fk all.

[ball deap] 21/10/2016 22:25

I said from the start about RBS too many shorters in control for a while that is about to change like I said months and months ago. If you don't close those short trades your going to get you positions killed. Now I was kind enough to tell you in the first place so make your move to long trades or prepare to get rimmed. So for the short sighted: CLOSE YOUR SHORT

[maxk] 21/10/2016 19:23

As far as I know, free movement was never on the table.

[maxk] 21/10/2016 19:22

More on that:

[leedskier] 21/10/2016 19:06

I guess EU citizens have no wish to work there.

[leedskier] 21/10/2016 19:05

Add to which ....


Canada announces today that it has given up on attempts to enter a formal trading arrangement with the EU. Apparently the EU just keeps stalling.

[ramco] 21/10/2016 18:22

Good evening gentlemen, you have to give credit where credit is due..well spotted leads and timely presented as well as subtely given your skill base.. in that not only is it factual? (given the propensity for figures to be thrown about nowadays..eh maxk!..;lol)

As avatar implies is a possibility..but has to accept it is a plank pulled and requires thought and careful handling in execution hurdling..;)

It is very pertinent in that it adds a level of complexity that may require time to iron out which lends weight to a longer time span for emancipation from the dreaded EU...lol..;)

[avatar333] 21/10/2016 16:05

We all know that these foreigners don't like it up 'em.

;

[leedskier] 21/10/2016 15:54

Hardly surprising.

What do people expect given that Britain wants to cancel it's membership.

A standing ovation?

[leedskier] 21/10/2016 14:26

If it is going to be the Norwegian model ..... ;


This is relevant ...

Immigration and border control are increasingly cited as the main reasons for why the UK should leave the EU. Those advocating exit often mention Norway and Switzerland as models the UK should follow outside the EU. However, this briefing shows that Switzerland and Norway have far higher levels of EU immigration than the UK as a proportion of their populations. If the UK had the same net EU immigration rate as Switzerland, it would mean nearly 400,000 more EU migrants a year.

[leedskier] 21/10/2016 14:04

Theresa May's version of brexit light ....


British Prime Minister Theresa May said the U.K. wants to maintain free trade with the EU post Brexit, Bloomberg News reports.

“My aim is to cement Britain as a close partner of the EU once we have left,” she said on Friday at a press conference in Brussels.

She added: “As long as we’re members of the EU we will continue to meet our rights and obligations as members.”

May's comments were made following a meeting of all 28 EU leaders, where Brexit and other issue confronting the bloc were raised.

[careful] 21/10/2016 12:16

This market has forgotten how to go down.
It is a new era of low volatility and steadily rising share prices.
At last an end to those terrible down days.
it is very boring.