Help Sitemap Home Skip Navigation Contact Us Disability Statement

The hunt is On.
Sponsored by
The hunt is On.
Can you track down Scotland's wildest beastie?
 
 
Wednesday, 3rd December 2008 Change Date

Premium Article !

Your account has been frozen. For your available options click the below button.

Options

Premium Article !

To read this article in full you must have registered and have a Premium Content Subscription with the The Scotsman site.

Subscribe

Registered Article !

To read this article in full you must be registered with the site.

Sign In
Register

RBS will have to adapt in these changing times



Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image

Published Date: 09 August 2008
IT WAS once famously said that what was good for General Motors was good for America. In like vein, what is bad for RBS is undoubtedly bad for the British and Scottish economies.
From that perspective, the £691 million half-yearly loss posted by the bank yesterday, on top of writing down £5.9 billion of poorly-performing assets, is bad news. The one glimmer of hope is that it could have been much worse: City analysts were pre...



The full article contains 555 words and appears in The Scotsman newspaper.
Page 1 of 1

  • Last Updated: 08 August 2008 9:19 PM
  • Source: The Scotsman
  • Location: Edinburgh
  • Related Topics: Royal Bank of Scotland
 
1

Jampie,

Canada 09/08/2008 06:52:59
Sir Fred and RBS seemed determined to enter the worst scenario at the worst time in plunging into the Chicago area in their overpriced takeover of the worst parts of ABN Amro.
2

muppetfinder,

09/08/2008 10:09:07
Hootsman seems to be supporting RBS is this a case of someone having a lot of shares in it and talking it up. It was the same with an insurance company a few years go where someone had their pension

 

Comment on this Story

 

In order to post comments you must Register or Sign In

 
 
RSS Feed of this article's comments
Delivery formats: RSS, Atom, Javascript & Email
 
  

 
 

More Royal Bank of Scotland

More Royal Bank of Scotland >>

Today's Vote

Should banks be paying for staff Christmas parties as their customers suffer?
Yes, staff deserve to be rewarded for their year’s hard work
It’s okay making a contribution, but not £1 million
No, staff should have to pay for their own parties

Web Links:

Featured Advertising



Sister Newspapers:
Press Complaints Commission

This website and its associated newspaper adheres to the Press Complaints Commission’s Code of Practice. If you have a complaint about editorial content which relates to inaccuracy or intrusion, then contact the Editor by clicking here.

If you remain dissatisfied with the response provided then you can contact the PCC by clicking here.