Royal Bank Of Scotland Share Discussion Threads

[gcom2] 09/8/2017 12:26

struggling to stay above 26p with the nuclear war etc

[smurfy2001] 07/8/2017 14:46

When you retire Dope you'll be a rich man with those gains ;)

Anyway i'm ending the day with a profit on BP. Two BP trades closed recently in my post history.

[dope007] 07/8/2017 14:40

Since introduction of QE on 9th March 2009 - since 6th March 2009 – look at gains! FTSE +112% DAX +201% DOW +233%, S&P 391% and NASDAQ +262%

And profits? Wages? Spending? over the same time frame

Growth in debt matches it though

[smurfy2001] 07/8/2017 08:49

Needs some viagra lol

[gcom2] 07/8/2017 08:30

Back to 25p. Even good results can't get this to rise.

[leedskier] 07/8/2017 07:19

We should have bought S&P500 trackers!



David Buik‏
@truemagic68

Since introduction of QE on 9th March 2009 - since 6th March 2009 – look at gains! FTSE +112% DAX +201% DOW +233%, S&P 391% and NASDAQ +262%

[smurfy2001] 05/8/2017 21:06

Only the most optimistic would believe that Ulster Bank will ever be able to repay all of a £15 billion (€16.6bn) bailout received from its parent, Royal Bank of Scotland (RBS), during the financial crisis.

But it would appear there is plenty of money in the tank in the Irish operation to repatriate to Edinburgh, even after Ulster Bank paid an initial €1.5 billion dividend late last year out of surplus capital on its books.

Ulster Bank chief executive Gerry Mallon told The Irish Times on Friday “it’s certainly our aspiration” to pay more over to RBS, and that it remains in talk with regulators on the matter.

As of the end of June, the lender had a common equity Tier 1 (CET1) capital ratio, a measure of financial strength, of 30.5 per cent of risk-weighted assets – the highest among retail banks in Dublin by some stretch. It equates to about €6.25 billion, by Cantillon’s estimates.

If Ulster Bank were to reduce its CET1 ratio to the wider RBS target of 13 per cent it would free up €3.59 billion.

[smurfy2001] 05/8/2017 14:08

The downbeat forecast is because of an expected multi-billion-pound fine in the second half from the US Department of Justice (DoJ) for its role in selling subprime mortgages before the crash. Analysts expect this penalty to come in at between £5bn and £6bn, though some think it could be as high as £15bn.

[smurfy2001] 04/8/2017 09:32

Struggling to move up 1p old money. Let's give the CEO a £10m bonus and a can of Irn Bru.

[cfc1] 04/8/2017 08:57

smurfy...yep..we know all that. Of COURSE there will be a fullyear loss (we know that too) given DoJ fine which will probably take up abou $4-5B in cash and the rest in the same structure DB agreed.

[smurfy2001] 04/8/2017 08:54

But a loss is likely by the end of the year as the bank is braced for a settlement with the Department of Justice in the US over the way it sold toxic mortgage bonds in the run up to the crisis. Last month, the bank reached a deal with another US body, the Federal Housing Finance Agency, of $5.5bn (£4.2bn).

[cfc1] 04/8/2017 08:52

scemer...yep...who knows how this could explode with DoJ out of the way, govt sell off and divi return. I also think big buyers in China, Russia, Arabs or Yanks could be looking to buy into the biggest UK bank! must remember its STILL only equ of 26p!!!

[right honorable lord lucan] 04/8/2017 08:52

Not until the fines sorted out it wont.

[scemer] 04/8/2017 08:41

Can see this at £3.00 by xmas

[smurfy2001] 04/8/2017 08:37

Provisions and charges light. This is surprising.

[leedskier] 04/8/2017 08:15

At 1.30pm,

USD Non-Farm Employment Change

[cfc1] 04/8/2017 07:57

Leeds...agreed. Still make a full year loss (given fines) divi still wont happen till after fine so not till 2018. But regardless, RBS is past its worst and now after 10 years long suffering shareholders will start to see continuing rise in the share price

[leedskier] 04/8/2017 07:55

Well if the market really does look 6 months ahead rather than a couple of nano seconds, today's numbers should encourage buying. But as we all know that the market is as bent as a broken corkscrew, what happens today may not be the best guide of sentiment.

[cfc1] 04/8/2017 07:52

US DoJ fine is NOT ALL CASH fine...hadn't realised the Deutsche fine was not all cash either! So RBS in good shape to deal with it whenever it arrives. Dunno how the share price will open but I think give we are equ of 25p then this is a strong buy

[tfergi] 04/8/2017 07:37

What are the RBS provisions now after the 3.65 billion risky mortgage fine?

[leedskier] 04/8/2017 07:31

$5 billion thought more likely.