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RBS Royal Bank Of Scotland Group Plc

120.90
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Royal Bank Of Scotland Group Plc LSE:RBS London Ordinary Share GB00B7T77214 ORD 100P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 120.90 121.35 121.40 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Royal Bank Of Scotland Share Discussion Threads

Showing 176851 to 176871 of 183075 messages
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DateSubjectAuthorDiscuss
16/5/2018
10:22
Thank you william.
chinese investor
15/5/2018
18:29
Fitch Revises The Royal Bank of Scotland Group's Outlook to Positive
smurfy2001
15/5/2018
16:11
Hello. I have been writing about this subject for the Mail on Sunday. I just came across this thread. I would be interested to hear from all of you - the more people in this group I speak to, the better. I would appreciate any or all of you getting in touch - william.turvill@mailonsunday.co.uk - and I'm happy to keep your identities secret. Thanks if you can help.
wturvill
15/5/2018
14:22
Re-iteration.

==

Potential resistance seen from my trading chart.

smurfy2001
15/5/2018
09:30
London markets (in common with other European markets) have temporarily lost their mojo. Fresh stimulus appears to be needed to push them higher. Not sure where that will come from. German growth appears to be slowing too.
leedskier
15/5/2018
08:10
SP was higher in jan,before the fine
gcom2
15/5/2018
07:49
Still struggling to breakout chart posted previously.
smurfy2001
15/5/2018
06:16
In other news, it seems T.M. told Tory MPs yesterday that her 'crazy' schemes are indeed 'crazy' and that she is going back to square one on the brexit snakes & ladders board.
leedskier
14/5/2018
14:53
The gravy train is rattling along at a good clip, according to the RNS.
polar fox
14/5/2018
11:53
I believe that if Signature were to submit a complaint to the SFO , they would be obliged to investigate .
I could be wrong ?

m1k3y1
14/5/2018
11:37
Excellent research as usual CI, thank goodness for the Mail on Sunday for continuing to pursue this case. Looks like the MoJ are up to the 'old pals syndrome" in nodding through the AG on the assurances of a lawyer who was undoubtedly a crony of both Walsh and somebody within the MoJ who had influence. The rotten smell continues to permeate!!
barmiddleton
14/5/2018
07:29
That's positive. if pound could get to $1.50 may help also. fell back last 2 weeks.
gcom2
14/5/2018
07:02
Last week's action has already had an effect on the dividend consensus, up to 6.65p from last Monday's 5.41p. For next year, 12.16p has risen to 13.16p.

Early days yet - we'll see how it goes in the weeks ahead, as things develop.

polar fox
14/5/2018
06:23
I had a dream last night RBS were going to give the Claimants extra money because of the antics of the "Action Group" !
chinese investor
14/5/2018
06:21
"An influential MP has called for an urgent inquiry into a group set up to sue Royal Bank of Scotland on behalf of small investors, following a Mail on Sunday investigation into a fraudster at its centre.

Norman Lamb also blasted the Ministry of Justice for ‘doing nothing’ to probe the RBoS Shareholders Action Group, which he says should have been regulated.

His concerns, raised in Parliament last week, come after a seven-month Mail on Sunday probe found the group was co-founded by a fraudster, Gerard Walsh.

The Irish businessman has been trying to help himself to £3.75 million out of a £200 million settlement that the bank agreed to pay investors who signed up to the action group.

Lamb has separately written to Justice Secretary David Gauke asking for a meeting to discuss the action group.

He praised The Mail on Sunday for having ‘pursued a thorough investigation into the activities of this company’.

The Liberal Democrat MP named Walsh as ‘someone who has a track record of personal and business insolvency and who has faced allegations of fraud’.

He has been described as a fraudster by a civil court.

Lamb said the group should have been regulated by the MoJ, which runs the Claims Management Regulator.

He suggested that the MoJ had chosen not to regulate the group based on ‘assurances given by a lawyer associated with Gerard Walsh that everything is fine and that regulation is not relevant in this case’.

But Lamb added that other lawyers had ‘advised the action group company that they come within the regulatory remit’.

‘I am really concerned about a double jeopardy here,’ the MP said at a debate hosted by the All Party Parliamentary Group on Fair Business Banking, which he co-chairs.

‘People who have already lost through the appalling behaviour of RBS [are] now at risk of losing again with this settlement money leaking out all over the place, potentially improperly.’

He added: ‘There are criminal sanctions where there is a failure to properly get registered in the regulation system.

‘These people, if they are taking money out of the settlement pot, away from innocent victims, need to be pursued… It needs to be investigated, and investigated as a matter of urgency.’"

chinese investor
13/5/2018
07:09
There doesn't appear to be much follow-through in the Sundays, but there is this in the ST, mildly interesting for its mention of a small interim, apart from the runners and riders speculation:

There was a time when nobody wanted to be chief executive of Royal Bank of Scotland. That’s about to change. In fact, there are at least five individuals who are said to covet the job when Ross McEwan moves on.

Regime change at RBS looks much more likely now, following last week’s $4.9bn (£3.6bn) settlement with the US Department of Justice over mis-selling claims dating back to the credit crunch.

McEwan has been clear he wanted to slay some demons before contemplating his departure. Top of that list was getting a deal with US attorney-general Jeff Sessions. Next is paying a small dividend with the interim results. That would then clear the way for the government to start selling more shares.

Want to read more.....

We're going to be reading a lot of this sort of thing up to 3 Aug.

polar fox
12/5/2018
12:54
Mr McEwan said the group would be immediately starting the conversation with the Prudential Regulatory Authority on what information it needed to submit to gain the green light to re-start dividend payments. Ultimately, that approval will hinge on the outcome of the Bank of England annual stress tests, due to be published in December.

Bloomberg analysts are forecasting a consensus 6.4p dividend per share this year.

smurfy2001
12/5/2018
11:03
No mention of Vannin Capital

24 May 2017

The judge in charge of the RBS rights issue litigation has outlined his “very great concern” about the “extraordinary” costs racked up by the bank, which are currently estimated at £129m.

Mr Justice Hildyard made the comments earlier this month when dealing with an application by RBS for £11.6m in security for costs against two funders backing the last remaining group of claimants, the ‘SG Claimants’, the other four groups having settled in December.

The trial was due to start on Monday but has been delayed due to last-minute settlement negotiations.

The security for costs application was made after it became apparent that the after-the-event (ATE) insurance the SG Claimants had in place was insufficient.

The judge speculated that “the sheer size of the defendants’ costs” had made obtaining comprehensive ATE cover “difficult, if not impossible”.

The security sought was only in respect of 60% of the defendant’s costs from December 2016 onwards.

Hildyard J ordered that one of the funders, Hunnewell Partners (BVI) Ltd, pay £7.5m in security, but made no order against the other, a Manx company called London and Northern Capital Partners (LNCP), in part because, unlike Hunnewell, it was not a commercial litigation funder.

LNCP is owned by “businessman and philanthropist”; Trevor Hemmings.

chinese investor
12/5/2018
10:44
You may be right BAR.
I suspect that the claimants may well have claims against the AG .
I keep asking for an official investigation but it's not happening which I find concerning.

m1k3y1
12/5/2018
10:34
Sounds as if Vannin may well have a legal claim against the proceeds of the settlement received from the RBS due to their tie up with the AG. If so, their claim will need to come from the monies retained from the settlement for such an eventuality held by Signature. I feel that there will be quite a number of such valid claims still to be determined, hence the reason Signature has retained the bulk of the settlement to date.
barmiddleton
12/5/2018
10:16
CI
I guess it wants the litigation sorted out prior to the flotation of the company .
hxxps://news.sky.com/story/litigation-funding-giant-vannin-hires-banks-for-bumper-float-11352164

Not sure if they ever gave money to the AG but if they had a legal agreement then regardless of using the funds , I suspect there would have been fees involved.

Given that the AG appear to have questions around their funds, it may well be that they used some of Vannins money ?

m1k3y1
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