Royal Bank Of Scotland Share Discussion Threads

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[m1k3y1] 19/12/2020 12:45

Thank you CI.

[chinese investor] 19/12/2020 12:26

We have received 50p (30p plus 20p) from the settlement sum of 82p.
£15 million will be released for another interim payment 6.15p.

[m1k3y1] 15/12/2020 18:18

Got the update CI.

[m1k3y1] 15/12/2020 17:10

excellent, looking forward to reading it . TY

[chinese investor] 15/12/2020 16:47

Yes and it was very reassuring !
A significant amount has been released !

[m1k3y1] 15/12/2020 16:37

CI...have you had an update ?

[chinese investor] 15/12/2020 15:56

Very Reassuring Update !

[chinese investor] 27/9/2020 11:05

It's on the Companies House website.

Just google:-

RBOS ACTION BETA

[m1k3y1] 27/9/2020 11:01

Thanks CI.
Have you got a link to the accounts please.

[m1k3y1] 08/8/2020 11:43

So what has happened to this money ?
We could do with an update from Signature.

[chinese investor] 08/8/2020 11:27

Lest we forget :-

"Thousands of claimants will not receive their full compensation until millions of pounds worth of liabilities racked up by the AGC are bottomed out.

Earlier this year the High Court heard from lawyers acting for the claimants that fraudster Gerard Walsh was the “prime mover” behind the AGC.

It heard that Walsh is claiming £3.75m from the settlement on top of £80 per hour in consultancy fees that he has charged for his work on the case since March 2009 – despite the fact he was described to Signature Litigation, the law firm acting for the claimants, as a “volunteer who did not expect financial reward”.

However a letter sent by Signature to the claimants states: “We have identified that significant sums have been paid … to entities connected to Mr Walsh for apparent rental costs.”

Additionally investors in RBS have become alarmed by payments made between two separate action groups claiming to represent shareholders and customers wronged by the bailed-out banking giant.

AGC has transferred sums of money to a separate action group which is mulling legal action against RBS in Scotland over the mistreatment of business customers by the bank’s former GRG unit; the same Signature letter to claimants states “significant sums” have also been paid to the RBS GRG Business Action Group.

A spokesperson for Signature Litigation said: “We confirm that we have seen evidence of substantial lending by the RBoS Shareholders Action Group Company to the GRG Action Group, which the Action Group Company had no authority from claimants to carry out. We have yet to be satisfied that the money was all repaid. We confirm that we were unaware of this at any time and that the claimants themselves were never informed.”"

[m1k3y1] 08/8/2020 11:18

I still don't agree that they should receive anything.

I was never given any kind of agreement that gave the AGC or Walsh authority to enter into 'loan' agreements on behalf of claimants.

Indeed, I was never provided with any kind of membership Agreement at all despite continually asking for it.

[chinese investor] 08/8/2020 09:36

We have now received 50p - the full settlement was 82p.
I can't see us getting much more - possibly 10p at most.

Signature have gone very quiet on the possibility of the small claimants getting a partial return on their "contributions" which is a shame.

It appears Victoria Coppin has died and been replaced by Charlotte Coppin.

[chinese investor] 06/8/2020 08:46

Everybody is aware of the "£200 Million Pot".
When it emerged that there were many phantom shareholders the "£200 Million Pot" shrunk...
...but the legal costs would still have to be paid by the shrinking number of genuine shareholders.
It is good therefore that Signature are seeking other shareholders and that RBS are going along with it.
I don't mind waiting until 2021 for my final payment.

Chinese Investor (RBS) 21 Mar 2019 - 10:02:06
One factor which is emerging is new claimants.
If they are successful then I'm sure they wouldn't mind chipping in with some of the overall costs.
They could replace the phantom claimants.
RBS would object but the court might allow their claim.

[barmiddleton] 05/8/2020 20:30

I got the update as well, seems Signature want to hear from us whether we wish them to continue to pursue Bird & Bird re Vannin. I've replied to them that I think they should do so if they think there is a reasonable chance of success, and that I'm happy to leave the final decision to Manx.

[m1k3y1] 05/8/2020 20:21

Thanks CI. Got it

[chinese investor] 05/8/2020 20:02

Update from Signature.

[leedskier] 31/7/2020 12:51

I have created a NWG Charts BB

[polar fox] 31/7/2020 12:09

THE buffoon - Wilf's dad.

Few more minutes possibly as he learns the lies.

[maxk] 31/7/2020 12:06

Which buffoon? There's a lot to choose from.

[polar fox] 31/7/2020 12:01

The buffoon is due to hold a news conference, according to 231, who will cover it.

[maxk] 31/7/2020 11:51

leeds.


Isnt it possible to get into the header and copy and paste the lot onto a new thread with the NWG sign? AFN have already changed the tickers on the charts.

Perhaps you have already tried that, in which case I'll shut up.


ad: I have just looked at an old thread of mine with lots of rubbish in the header, and it would appear you can copy the lot. Worth a try?

[polar fox] 31/7/2020 11:47

And the RNSs, what's the position there?