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RBS Share Chat (RBS)

Share Price: 279.40Bid: 279.40Ask: 279.50Change: 2.00 (+0.72%)Riser - Royal Bank Scot
Spread: 0.10Spread as %: 0.04%Open: 279.60High: 280.50Low: 277.50Yesterday’s Close: 277.40

Share Discussion for RBS

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Posts: 1,179
Off Topic
gs bricky
Today 08:07
When hear the horrors from the report on Banks GRG section perhaps you are very lucky not to have had any business lending with them
Posts: 723
Off Topic
Opinion:No Opinion
RE: RBS Campaign Update
Mon 08:17
The Pyrrhic Cup?
Posts: 392
Off Topic
Opinion:No Opinion
RE: RBS Campaign Update
Fri 13:31
What exactly have you won ?
Posts: 113
Off Topic
Opinion:No Opinion
RBS Campaign Update
Fri 13:22
RBS Shareholder Committee: We£ve (almost) won!
Posts: 1,608
Off Topic
Opinion:No Opinion
RE: Royal shambles
15 Feb '18
Guess your business is not proof reading text!
Posts: 349
Premium Chat Member
Off Topic
Opinion:No Opinion
Royal shambles
12 Feb '18
I own a buissiness , and my partner wants to retire , so the buissiness wants to borrow of our bankers of 8 years the rbs. Not a massive amount, the buissines is debt free, owns it's own building, got fantastic accounts. We have now been negotiating for 4 months, they want me to put my 2 houses up, as security ,set up holding componys, they don't answer calls , it makes me sick when people like me who have fantastic track records, can't borrow, then you read there owed millions by some big listed compony , who cooks the books, run by incompetents who no nothing abou t the buissiness there in . It's gone too far ,and hopefully we will get the money, but as soon as , I'm changing banks.
Posts: 1,070
Off Topic
Opinion:No Opinion
US fine
11 Feb '18
The Treasury has held secret talks with‎ US officials aimed at accelerating a multibillion fine for Royal Bank of Scotland (RBS) that would finally draw a line under its pre-bailout misconduct.

Sky News has learnt that officials from the Treasury were due to discuss earlier this week the progress of settlement negotiations between RBS‎ and the Department of Justice (DoJ) over the mis-selling of residential mortgage-backed securities (RMBS).

The talks were scheduled just days before the state-backed lender is expected to report its tenth consecutive annual loss - depending upon whether it takes another big charge for the impending DoJ fine.

A senior City insider said this weekend that discussions between the Treasury and US officials were aimed at expediting a final penalty for the bank, which some analysts predict could be higher than £5bn.

RBS ‎has already set aside $3.3bn (£2.4bn) to cover the DoJ penalty, and last year paid $5.5bn (£4bn) to the Federal Housing Finance Agency (FHFA) in relation to the bank's issuance and underwriting of $32bn of RMBS during the leadership of former boss Fred Goodwin.

One source said on Saturday that the Treasury's intervention could lead to a deal with the DoJ being agreed within weeks, although the timing remains uncertain.

Talks between the DoJ and a cluster of international banks, which also includes Barclays, stalled for months following the election of Donald Trump, the US President, because of a dearth of senior officials within the agency.

With that staffing vacuum now resolved, both RBS and the UK Treasury want a settlement agreed as quickly as possible.

It is conceivable that the bank could take another major provision in its 2017 results, which will be signed off by its board shortly before it announced full-year figures on 23 February.

However, without greater certainty over the likely penalty, RBS will have to delay any new charges until this financial year, making it probable that it will also be loss-making in 2018.
Posts: 34
Off Topic
RE: I had my finger
8 Feb '18
Yeah am begining to think so.
Hope it keep slowly dropping I need a couple of more weeks to amass resources
Still got this fine to pay to Donald yet, if that's more than 10 billion, could be a big prob for RBS.
10 billion, blimey abet someone gets a proper ticking off for that mistermener.
Probably cancel his luncheon vouchers bless him.
Thank God he didn't do it in the real world, they would throw the Key away.
Posts: 268
Off Topic
Opinion:Strong Buy
RE: I had my finger
31 Jan '18
Another topping up opportunity !
Posts: 1,070
Off Topic
Opinion:No Opinion
I had my finger
31 Jan '18
over the sell button @300 but thought it would rise steadily till results. Got that wrong.

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