Royal Bank Of Scotland Share Discussion Threads

[avatar333] 31/10/2016 13:14

Afternoon.

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[smurfy2001] 31/10/2016 13:08

So many years of losses you wonder if this will ever make a profit by the end of the decade. Wish i'd put some money into STAN instead.

[leedskier] 31/10/2016 12:24

Theresa May: Carney's the best man for the job

Newsflash from Downing Street: Theresa May’s spokeswoman has just given Mark Carney a resounding vote of confidence.

The Prime minister’s spokeswoman has told Westminster reporters that May is ‘clear in her support’ for governor Carney, and the work he is doing for the country.

And May would also support Carney if he decided to extend his original contract, and stay at the BoE until 2021 (rather than leaving in 2018, as originally planned). But the governor must decide if he wants to do an extra three years.

The spokeswoman says:

The PM has been clear in her support for the governor, the work he is doing for the country. It is clearly a decision for him, but the PM would certainly be supportive of him going on beyond his five years.

The PM has always had a good working relationship with the governor of the Bank of England and intends to continue that.

[cfc1] 31/10/2016 10:30

RBS - down again! Amazing to be a CEO who cant even handle the sale of W&G! how can they spend £1.5B on the IT system when its sale price is £1.3B? If the press is to be believed that is.....if true then total shambles.

[gcom2] 31/10/2016 10:23

rbs and barclays are both 191p .spooky

[leedskier] 31/10/2016 06:48

The UK is now on GMT, but the US does not reset the clock until next weekend.

[leedskier] 31/10/2016 06:42

Closer to home, Carney is thought likely this week to announce whether he will remain BoE Governor.

[leedskier] 31/10/2016 06:39

Needless to say events in Washington are impacting.

[leedskier] 31/10/2016 06:38

IGSquawk ‏@IGSquawk 4 minutes ago

Our European opening calls:

$FTSE 6984 -0.17%
$DAX 10682 -0.14%
$CAC 4533 -0.34%
$IBEX 9155 -0.50%
$MIB 17262 -0.36%

[leedskier] 30/10/2016 21:49

wiki extract ...

On October 28, 2016, less than two weeks before the presidential election, Comey announced in a letter to Congress that additional emails related to the Clinton controversy had been found and that the FBI will investigate "to determine whether they contain classified information as well as to assess their importance to our investigation."[59] Comey's announcement was inconsistent with Justice Department policy and he was warned by lawyers at the Department of Justice against proceeding with his letter to Congress. Both Republican and Democrat lawmakers, as well as both the Clinton and Trump campaigns have called on Comey to provide additional details.[60] At the time Comey sent his letter to Congress, the FBI had still not obtained a warrant to review any of the e-mails in question and was not aware of the content of any of the e-mails in question.[61] In making the announcement Comey acted on his own against the advice given to him by top Justice Department officials who were described as "apoplectic" over the letter.[62] The announcement "subjected the FBI director to withering criticism" because the contents of the emails were unknown to Comey at the time, and it was days from the election.

[leedskier] 30/10/2016 21:49

FBI Director, only appointed this summer ...

Although Comey was a registered Republican for most of his adult life, he disclosed during Congressional testimony on July 7, 2016 that he is no longer registered in any party.[69] In the past Comey donated to U.S. Senator John McCain’s campaign in the 2008 presidential election and to Governor Mitt Romney’s campaign in the 2012 presidential election.

[polar fox] 30/10/2016 21:17

Try this then - a tweet this evening from Sky News:

U.S. Media: FBI to search 650,000 emails on Anthony Weiner's laptop with thousands possibly related to Hillary Clinton's server

Unquote

This email thing could well see Trump into the White House and equities tanking.

[maxk] 28/10/2016 19:09

It's all over the news..



FBI probes newly discovered Hillary Clinton emails and reopens investigation - Trump hails news 'bigger than Watergate'

[maxk] 28/10/2016 19:00

Another brexit horror story.



Holiday Inn gym blames Brexit and 'falling pound' on decision to end free towels for users

[ball deap] 28/10/2016 18:58

It's good to see corruption in Washington being dealt with properly. The clinton foundation paid the head of the FBI $650,000,00 for some strange reason. Carry on watching your TVs and believing the bullshot guys hahahah

[gcom2] 28/10/2016 18:50

Trump has friends in high places no doubt.

[leedskier] 28/10/2016 18:38

Looks like the FBI is rooting for Trump.

Look at the US charts above.

Just crashed on the fresh FBI allegations.

[gcom2] 28/10/2016 16:41

McEwan needs to grow some balls and refuse to pay any more fines.
Not just for shareholders sake but also the 92,000 RBS employees.

[cfc1] 28/10/2016 16:33

TradeJunkie...agreed that kiwi has achieved f all and still getting paid millions....

[gcom2] 28/10/2016 16:33

Yes TJ mcewan should go. The clock is ticking 4 years in. Im giving him 6 more months.

[tradejunkie2] 28/10/2016 16:29

Let's take a look at some failure of the CEO. Why does he still have a job?

* RBS said it wouldn’t hit a cost-to-income ratio below 50 percent and a 12 percent return on tangible equity until 2020, a year later than planned.

* RBS is the worst-performing large U.K. bank this year with the shares down about a third, trailing the 407 pence a share break-even

* RBS won’t meet a EU deadline of the end of 2017 to complete the sale
of its Williams & Glyn division.

* RBS won't pay a dividend despite a tier 1 ratio above 13%

* RBS have yet to settle suits by the Department of Justice and the Federal Housing Finance Agency outstanding - one US agency has estimated it could face $13bn of total outlay

* RBS said it won’t hit its return-on-equity target until 2020 amid record-low interest rates from the Bank of England hurting loan income.

[tradejunkie2] 28/10/2016 16:18

RBS’s corporate and institutional banking division, which houses debt trading and bond underwriting, recorded a 71 percent increase in adjusted revenue to 526 million pounds, driven by rates trading. Revenue from the rates business more than doubled to 348 million pounds from the same period a year ago as the bank benefited from clients trading amid a spike in volatility following the U.K. vote to leave the European Union in June. Chief Financial Officer Ewen Stevenson said the bank picked up market share in that business.

[avatar333] 28/10/2016 16:13

The avatar gcom2.

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[tradejunkie2] 28/10/2016 16:12

Who agree Ross McEwan needs to go? He has failed on numerous items.