Royal Bank Of Scotland Share Discussion Threads

[tomboyb] 11/3/2020 09:34

3m ago
09:30
Carney: This needn't be a repeat of 2008

[tomboyb] 11/3/2020 09:27

Hint of inevitability here Carney -

Very much one of survival of small businesses -

Short term is looking much longer -

[smartie6] 11/3/2020 09:10

In effect banks have been nationalised but not nationalised.

[smartie6] 11/3/2020 09:09

So banks are becoming the lender of last resort to zombie sme businesses. What happens when they begin to default?

[tomboyb] 11/3/2020 09:01

live broadcast -

[tfergi] 11/3/2020 08:59

I think the FTSE will hit around 5000 at some point in this bear market, hopefully no lower than that

[32campomar] 11/3/2020 08:06

A strange world when banks rise after a big interest rate cut!

[leedskier] 11/3/2020 08:02

FTSE100 and RBS open higher.

Could be an interesting day.

[tomboyb] 11/3/2020 08:00

That interest rate cut in nutx -

However it may well be what is required (presumably???) -

There are and will be big side effects as well -

[leedskier] 11/3/2020 07:58

IGSquawk
@IGSquawk

Don't forget - It's budget day in the UK (shortly after PMQs).

#FTSE called to open 6039 +1.32% following surprise rate cut of 50bps

[leedskier] 11/3/2020 07:56

If the cut in interest rates supports the broader economy it could reduce the number of companies that go under as a consequence of a downturn in the economy.

Is that good or bad for banks?

If it helps will it offset any short term impact of a reduction in interest rates on bank earnings?

[32campomar] 11/3/2020 07:53

Yes you would think so, big hit to profit margins, but who knows in these markets?

[tomboyb] 11/3/2020 07:51

Big fall in banks today -

[leedskier] 11/3/2020 07:50

@FirstSquawk
IRAN ANNOUNCES PRODUCTION OF DRUG TO TREAT CORONA VIRUS THAT HAS YIELDED RELATIVE RESULTS

[leedskier] 11/3/2020 07:48

David Buik
@truemagic68


Since the announcement of 0.5% BOE rate cut turnaround in opening call - FTSE 100 set to open +50 points at 6027 at 7.44am courtesy of Core Spreads

[32campomar] 11/3/2020 07:27

Big Interest rate cut not good for banks?

[leedskier] 11/3/2020 07:26

I read yesterday that Italy may require as much as €600 - €700 billion to keep it afloat.

The rumour is that the UK Chancellor will spend £600 billion today.

Big sums.

[leedskier] 11/3/2020 07:14

Bank of England measures to respond to the economic shock from Covid-19


The Bank’s three policy committees are today announcing a comprehensive and timely package of measures to help UK businesses and households bridge across the economic disruption that is likely to be associated with Covid-19

[smartie6] 11/3/2020 07:11

Panic!!!!!!!!!

[leedskier] 11/3/2020 07:10

Bank of England cuts main interest rate to 0.25% from 0.75%

[tfergi] 11/3/2020 07:09

Interest rates cut

[smartie6] 11/3/2020 03:21

Leedskier, statistics on flu are fine. What you and others fail to say is that people dying of flu continues but this is specifically in addition to that. What we are being advised are Coronavirus victims not common flu victims, and these people may never have died if not for Coronavirus.
It’s a continued play on facts to keep the public under control.
So if you want to be part of this, start quoting the number of flu victims this year (12month rolling) and the number of Coronavirus victims (1weeks stats) alongside and let’s see the full facts and figures as this thing progresses.
To clarify, all the people in Italy that have died may never have caught the common flu strain and may still be alive.
I for one am totally fed up of all of the down play spin by many liberals.