Showing posts with label Royal Bank of Scotland (RBS). Show all posts
Showing posts with label Royal Bank of Scotland (RBS). Show all posts

Friday, February 26, 2016

RBS shares slide as losses continue

Royal Bank of Scotland (RBS) has reported a loss of £1.98bn for 2015, its eighth year of annual losses. 

 RBS logo
RBS shares fell to a three-year low on the news, and remain well below the price the government paid for an 84% stake to save the bank in 2008.
The bank, which came close to collapse at the height of the financial crisis, is still setting aside billions to cover past mistakes and fines. 

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