Royal Bank Of Scotland Share Discussion Threads

[smurfy2001] 31/1/2018 11:02

One to stay away from given the money raising.

[leedskier] 31/1/2018 10:34

Capita PLC(LON:CPI)

200.10
-147.70 (-42.47%)

[smurfy2001] 31/1/2018 09:20

So waht's up with Capita l guess another company with government contracts?

[maxk] 31/1/2018 09:04

Lots of bust companies too .. all down to brexit of course.

[gcom2] 31/1/2018 08:40

This is a country of arguing unhappy people. Getting worse ,too.

[leedskier] 31/1/2018 08:04

7,595.47
+7.49 (0.10%)

[raffles the gentleman thug] 30/1/2018 22:06

Well the bond market is starting to do the Fed's work for them and I imagine the ten year treasury is roughly where they want it to be now

[polar fox] 30/1/2018 21:00

For clarification, it looks like a Fed rate increase in March:

The Federal Reserve will make subtle, hawkish, changes to its statement this week to confirm what the market now expects: a rate hike is coming in March.

The members of the Fed’s interest-rate setting body will want to send “some modest signal” that a rate hike is very likely at the March meeting, said Thomas Simons, a money market economist with Jefferies.

Michael Pearce, senior U.S. economist at Capital Economics, agreed, saying the signal of a March rate hike can be small, even just a change in tone.

“It doesn’t need to be much,” he said.

The Fed doesn’t have to bang its shoe on the table because the market already thinks a hike at the March 20-21 meeting is a done deal, economists said.

For the last month, expectation of a March rate hikes “have been a one way bet, with the street grinding expectations higher,” said Pearce.

MW - unquote

[cfc1] 30/1/2018 16:55

Leeds - was picking some of the most irrelevent but missed slovakia and a few others...spain? hmmm still struggling to recover and Italy - not sure if they know which was is up most of the time...but love the country _ Italy that is!

[leedskier] 30/1/2018 16:32

What about Italy and Spain?

Combined population 106 million.

[leedskier] 30/1/2018 15:06

7,595.11
-76.42 (-1.00%)

[cfc1] 30/1/2018 14:52

we want news of the DoJ fine ....and the bank just tells us its " out of their hands" ....I wonder how they are lobbying or pushing or demanding...or just being whimps and sitting theew with their pants down!! waiting for boarding school punishment

[smurfy2001] 30/1/2018 14:36

I'm sure the CEO will be having a stiff drink or two tonight along with the Scottish favorite haggis. Can't forget the fried mars bar as a finale to the evening.

---

RBS boss 'appalled' by 'hang themselves' internal memo
Back to the RBS Treasury Select Committee hearing, which has been a tough session for the chairman Sir Howard Davies and Mr McEwan.

John Mann MP pressed the pair on whether the bank had fallen short of NatWest founder Thomas Smith's principle of "exact integrity" in business - initially neither Mr McEwan or Sir Howard knew who he was talking about.

"I can apologise to those people who have been badly affected by this bank and I can assure them that there is now an independent complaints process through which their complaints can be heard," says Sir Howard.

Sir Howard says of notes such as the notorious "hang themselves" memo: "They're the stuff of which nightmares are made as far as a chairman or chief executive is concerned."

"It’s hard to believe how someone could have written in such a way about a customer, or customers. We can do nothing but abase ourselves of that, it’s absolutely awful,” he said.

He repeats RBS's argument that the memo does not reflect company policy but admits it "did say something about the culture of that organisation [GRG]".

Mr McEwan adds: "We were appalled when we saw that letter, absolutely appalled."

[raffles the gentleman thug] 30/1/2018 14:29

Hope it is a two or three day event as great opportunity to buy RBS when everyone wants to go the other way

[smurfy2001] 30/1/2018 14:25

Well that fabled 300p just can't catch a break. Back down to 250p?

[cfc1] 30/1/2018 14:12

ffs 12 years later and CEO admits they are still bloody useless!!!! why havent they learnt from thepast....pathetic!!

[leedskier] 30/1/2018 14:07

As I suggested this morning, this looks like a two day event, who knows perhaps even three days. US futures suggesting another sharpish fall at the open.

[leedskier] 30/1/2018 12:53

7,616.85
-54.68 (-0.71%)

[leedskier] 30/1/2018 12:12

RBS restructuring group's actions led to loss of trust in the banking industry, chief executive Ross McEwan admits

Mr McEwan admits RBS and the wider banking industry have “lost a lot of trust” as a result of the actions of GRG. “There are many things we did not get right,” he says.

He admits there were “a lot of conflicts” of interest, “we did not have an appropriate complaints scheme” and “communication was very poor”

[leedskier] 30/1/2018 12:11

RBS



Live Treasury Select Committee grills RBS boss on mistreatment of small business customers

[leedskier] 30/1/2018 10:19

Fox says, without a majority, Tory Brexiters will have to 'live with disappointment'
In an interview with the Sun today Liam Fox, the international trade secretary and one of the cabinet’s leading Brexiters, said Tory Eurosceptics, such as those calling for the resignation of Philip Hammond, the chancellor, over the weekend, will have to learnt to “live with disappointment”;. He told the paper: