Royal Bank Of Scotland Share Discussion Threads

[cfc1] 13/12/2017 10:10

US banks now at multi-year highs !! yet our banks absolutely nowhere!

[leedskier] 13/12/2017 08:34

More positive now, both the Index and RBS above the line.

[leedskier] 13/12/2017 08:13

7,499.72 -0.69 (-0.01%)

[maxk] 12/12/2017 14:28

RBS Leaves Bonus Pool Flat for First Time Since Crisis

By
Stefania Spezzati

‎12‎ ‎December‎ ‎2017‎ ‎11‎:‎30


Bonuses have dropped 75% since 2010 at government-owned lender

Lender has made progress on capital as U.K. eyes stake sale


Royal Bank of Scotland Group Plc is likely to leave its bonus pool little changed this year, according to people with knowledge of the matter, ending a spate of annual declines in payouts dating back to the financial crisis.


A final decision on the discretionary awards hasn’t been made and will be taken in January, one of the people said, declining to be identified because the matter is confidential. Last year, the Edinburgh-based lender cut its compensation pool by 8 percent to 343 million pounds ($458 million), bringing the drop since 2010 to about 75 percent as RBS shrank its investment bank to reduce risk.


In a mark of progress, Britain’s biggest government-owned lender posted stronger-than-expected capital in the third quarter, signaling its potential to resume dividends, while the government plans to restart the sale of its stake by the end of March 2019. The biggest remaining obstacle to recovery is the bank’s settlement of a U.S. mortgage-bond probe.


More:

[polar fox] 12/12/2017 14:27

SKY has a tweet:

Brexit Secretary David Davis says he has agreed with European Parliament Brexit co-ordinator Guy Verhofstadt to work together to convert the joint report on the Brexit deal into legal text as soon as possible

unquote

[maxk] 12/12/2017 14:24

Yes, that's all it is at this stage, and what is wrong with it?




David Davis: No Brexit deal means no money to EU

Brexit secretary says he wants a ‘Canada plus plus plus’ trade deal.

By Harry Cooper | Updated 12/10/17, 12:10 PM CET


David Davis, the U.K.’s Brexit secretary, said London would not pay any money to the EU if no final trade deal is negotiated with the bloc.

“No deal means we won’t be paying the money,” Davis told the BBC’s Andrew Marr on Sunday, adding that the agreement reached last week in Brussels on the U.K.’s withdrawal was “a statement of intent” rather than “a legally enforceable thing.”

[leedskier] 12/12/2017 12:45

12 minutes 15 seconds in on his Andrew Marr interview ...

[leedskier] 12/12/2017 12:23

He said on Sunday that it was all just a statement of intent. In other words, just wishful thinking.

[maxk] 12/12/2017 12:19

Nothing is settled until it's all settled, or words to that effect, was the term used by the €uro bod re any agreement.

What has Davis said to alter that?

[leedskier] 12/12/2017 11:55

If David Davis stopped putting both feet in his mouth whenever he opens it, the £ might actually recover.



David Davis’s claim that the UK’s concessions in an agreement to move on the Brexit negotiations were merely a statement of intent has damaged trust and will see a hardening of positions in Brussels, the European parliament’s coordinator, Guy Verhofstadt, has said.

[maxk] 12/12/2017 10:13

It would be even better if interest rates normalised.

[leedskier] 12/12/2017 10:10

Good for state pensioners with the triple lock still in place.

edit

the state pension will be uprated next spring by whichever is highest of the September consumer price index inflation rate, average earnings or 2.5%.

[leedskier] 12/12/2017 10:05

I see. Talking of which inflation now 3.1%.

[leedskier] 12/12/2017 09:42

I am afraid that the relevance of the palindrome is lost on me.

[maxk] 12/12/2017 08:51

ABBA should make a come back...

[leedskier] 12/12/2017 07:13

Brent currently $65.41.

[ramco] 11/12/2017 18:57

lol maxk...the irony is never more true words said then in jest...

[maxk] 11/12/2017 18:24

Well, the trend seems clear.

Sell the house and put the lot on bumcoin. What could possibly go wrong?

[raffles the gentleman thug] 11/12/2017 17:59

Gotya Ramco ... was just responding in defence of crypto currencies versus fiat currencies so out wires a bit crossed

[ramco] 11/12/2017 17:34

Good evening Raffles...do not miss the point at all...perhaps I should have been more specific..that caution back then was specifically about RBS...

PS in this example its worse than you describe...as not only the self admitted large sums invested have not kept pace with inflation through capital appreciation required but woefully compounded by capital loss to boot...the opportunity cost lost through a blinkered lack of mobility in that time is also to be added to that sorrowful equation...

[tradejunkie2] 11/12/2017 16:59

buywell3, do you enjoy being fisted?