Royal Bank Of Scotland Share Discussion Threads

[leedskier] 17/11/2016 09:22

LBG and RBS get special mention .....;

[leedskier] 17/11/2016 09:15

click the link maxk and read it ;

[avatar333] 17/11/2016 09:08

Morning.

;

[gcom2] 17/11/2016 09:00

'black hole' infers that they don't know , lol

[maxk] 17/11/2016 08:57

Do they say where the shortfall comes from?

[leedskier] 17/11/2016 08:54

The FT's economics editor writes this morning that the Chancellor will acknowledge in the budget statement a UK Treasury £100 billion black hole over the next 5 years as a consequence of brexit.

[leedskier] 17/11/2016 06:56

Exactly the same call as yesterday, and look how the day ended ...


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[polar fox] 17/11/2016 06:44

Google 'rbs news' for articles today on the MBS fine/share sale scenario etc

[careful] 16/11/2016 18:30

obamas mum had a Ph.d.
Obama is very smart and has been a great president.

cfc1..even you will wish that he still was president after trump the chump gets going.

[cfc1] 16/11/2016 17:44

FT: RBS mortgage fine could be $12B
James Leigh-Pemberton, the head of U.K. Financial Investments - which manages the State's investment in RBS - today told Parliament the fine stemming from the U.S. DoJ mortgage probe could be as high as $12B.
Source: Caroline Beinham in the FT
He's basing his estimate on the big numbers (as much as $14B) being floated for Deutsche Bank's fine, and admits it could just as easily be $5B.

[polar fox] 16/11/2016 17:23

Over on the FT, it is reporting that the MBS fine may be up to $12 billion.

[careful] 16/11/2016 12:06

Interesting how anyone tracking either index has failed to beat Joe Bloggs placing all of his cash into the best building society account.
He could have compounded about 4% over the same period.

(if he was smart enough to but the dips after the crashes he would have fared better)

[careful] 16/11/2016 11:36

A number of factors affect this.'
US companies tend to give lower dividends or even no dividend at all.(Warren Buffett's Berkshire Hathaway for example.)
Then there are currency factors.

Looking at the Dow 11500 Jan 1 2000.
Ftse 100 was 6930.

Dow now 18920. Up 64% over 17 years.
We are down slightly.

Dow is up 3% compound since 2000. + dividends
FTSE is down 150 (-2%), or 0.1% compound +dividends.
Very little in it.

[leedskier] 16/11/2016 11:27

Back in the day the hard and fast rule was the DJI was 2x the FTSE100. That began to break down after the financial meltdown. Now the two have completely disconnected with the DJI close to 19000.

Are the companies listed on the DJI really so much better at making a profit and paying dividends than those listed on the FTSE100?

[leedskier] 16/11/2016 11:20

Another question in the mix is what will happen to The Transatlantic Trade and Investment Partnership (TTIP).

The Europeans are getting into a panic as to whether the Trump administration will proceed with the negotiations.

Given Canada's experience and the threat to the UK of very protracted negotiations over any deal which grants access to the single market, the view expressed by the former EU Trade Commissioner, Karel De Gucht, that “TTIP is now dead”, is not entirely surprising.

Will the UK cut a deal with the USA?

Let us hope so.

[leedskier] 16/11/2016 09:36

Unemployment rate falls to 4.8%. Earnings remain at 2.3%.

[leedskier] 16/11/2016 09:29

Interest rates have not been "high" in the UK for a long while, they ended when CPI which included house price inflation was replaced by RPI which didn't. Smoke & Mirrors.

[avatar333] 16/11/2016 09:15

I don't see these 'high interest rates' coming.

[leedskier] 16/11/2016 09:13

That seems to have addressed the housing aspects, now what else is cooking today?

At 9.30am UK Unemployment/Earnings data is posted.