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Fund Manager Chris Bailey talks about an opportunist 2017 for investors Watch here

Fund Manager Chris Bailey talks about an opportunist 2017 for investors

Royal Bank of Scotland Share Chat (RBS)

Share Price: 214.90Bid: 214.90Ask: 215.00Change: 0.00 (0.00%)No Movement on Royal Bank Scot
Spread: 0.10Spread as %: 0.05%Open: 217.40High: 218.00Low: 213.40Yesterday’s Close: 214.90

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Posts: 2,331
Off Topic
Opinion:No Opinion
New year
Mon 09:23
Another start to another year and the usual down trend after the Xmas rally...

The run up now is to the annual bank results .. As most regulars know over the past 7 years.. RBS goes up and down.. The past years from 570p .. 57p old money .. Down to 300p and then up to 400p and back down to 162p and now where we are today..

That's RBS for you.. And the big boys make millions on these constant move swings.. As disgusted many times getting back to 570p which some need to break even is more in hope or a dream away now... The banking world has changed so much since 2008

And the pre 2008 crash price of £6 .. Would need to be £60 in today's terms and that will never happen in my lifetime..

Good luck all..
Posts: 62
Opinion:No Opinion
On The Up
Fri 09:57
Somebody knows something, RBS. Sriking a deal with. DOj, ,if the deal is less than $10bn , I think. Shorters would be running for cover, and we could see a strong upward moment from here ..I've been topping up recently ..well earnings season just starting. So let's see..No News Is Good News
Posts: 113
Off Topic
Opinion:No Opinion
RE: hmm
Fri 00:33
Sorry meant to say 2nd class down stream access.
Posts: 113
Opinion:No Opinion
RE: hmm
Fri 00:31
The reason RBS are in such a state is because the enormous amount of money they waste. I was a Customer Account Manager for a print and mail company that printed all the letters for RBS. We would send out anything between 100K - 150k seven days a week. 95% of the letters were just bog standard but 5% had a legal requirement to be with the cutomer in two days. It took me two years of endless service reviews before I could convince them that the 5% could be batched out and still sent first class while the rest could go 2nd class standard tariff. The reason it took so long was that RBS had to get sign off from every single stake holder. I have 5k of my money sat in here which might not be a lot to some people but the fact that I probably will never get it back doesn't sit well.
Posts: 62
Opinion:No Opinion
Thu 15:52
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RBS named one of the best businesses for accessibility & inclusion in the workplace
Share21 Share0 Tweet0
10 January 2017
RBS has scored 88% in Business Disability Forum’s Disability Standard, a world-renowned tool used to measure accessibility and inclusion in the workplace.


silhouettes of workers
The score makes RBS one of the top performers for disability and accessibility in the UK and one of only a handful of organisations to attain Silver status in the Disability Standard since it was launched in 2004.

The bank achieved perfect scores in three of the Standard’s ten criteria: Commitment, Adjustments, and Information and Communication Technology, with assessors describing the organisation’s approach to employee’s workplace adjustments as “one of the strongest we have ever seen.”

RBS went even further by developing its own corporate disability-smart language and identity, taking the focus away from the term ‘disability’ and instead focusing on the practical side of adjusting ways of working.

The bank was also found to be a leader in terms of its work to ensure services ‘bought-in’ from other companies still met the requirements of disabled people.

Ewen Stevenson, Chief Financial Officer and Disability Sponsor at RBS, said:

‘The Business Disability Forum (BDF) Standard is an important measure for us. Whilst our Silver status is a very welcomed recognition for our efforts to date, I do think it is key to recognise what is really important – making RBS a better and more inclusive bank for all of our customers and colleagues. Achieving Silver status is clear evidence that we are moving in the right direction, and I look forward to us achieving further progress in 2017’

Bela Gor, Legal Director at BDF, added:

‘RBS’s achievement of Silver in the Disability Standard is evidence of the dedication and hard work of teams across the business. What is particularl
Posts: 8,819
Off Topic
Opinion:No Opinion
Wed 22:57
Haven't been on Lloyds for a while , missed the news regarding Meerkat . Sorry to hear that , lot of respect for him , one of the good guys .
Posts: 8,819
Off Topic
Opinion:No Opinion
CashCounter lol
Wed 22:54
Good to see you , Happy New Year to you too......I only pop in now and again , old habits etc. Not an MC fan BTW , just offering HALFMIST a bit of moral support. Don't really follow football much these days but looking at the league it could , given a few lucky breaks or conversely a few bad breaks , be any one of about six ......Only one it won't be is Leicester, ......probably. Lol.
Posts: 228
Off Topic
Opinion:No Opinion
Jings -- Mr Meerat
Wed 16:45
Happy New Year and welcome back I always like how you conduct this board. However just reading an earlier post I now have doubts on your judgement --- Pep looking exposed, Jose finding the way.

I know you message on Lloyds -- did you pick up on the sad departure of Mr Meercat . He was always interesting to follow.

Shifted my holdings to the Black Horse over the last few days, the future looks better, to many issues to resolve on both your "Blue" teams
Posts: 8,819
Off Topic
Opinion:No Opinion
10 Jan '17
Nice to see we have a doctor on the board !!!
Posts: 191
Off Topic
Opinion:No Opinion
RE: Government's deaf ears
10 Jan '17
Europe's Investment Banker
But Britain also acts as "the investment banker for Europe",
Bank of England Governor Mark Carney said in November, with more than half the equity and debt raised for European governments and companies done in the UK.
Banks will argue that Europe depends on the strength and the depth of the financial sector in London to service its economy and companies. If access to the EU is cut off, regional financial stability could be in jeopardy, they will say.
UK-based banks had total outstanding loans of more than 1.1 trillion pounds to European companies and governments at the start of 2016.
The British government has also privately appealed to financial organisations to make their case in Europe if they want a transitional period where their ability to operate in the
EU would be phased out gradually over several years.
Finance minister Philip Hammond told a meeting of finance executives at the end of November they should lobby European governments if they want to secure a post-Brexit transitional deal, according to two people who were present.
Hammond made the comments at the annual dinner of the
All-Party Parliamentary Group on Wholesale Financial Markets and
Services, attended by executives from the major British and international banks, according to the people who attended.
"He basically said we need a transitional deal to avoid a cliff edge effect, but the EU also needs to argue for it," one person at the dinner said. "He was implying that we need to help the government prepare the ground."
A Treasury spokesman, when asked for comment, reiterated
Hammond's previous statements to lawmakers that Europe will harm itself if they use Brexit to undermine London's position as the region's principal financial centre.
Bankers say more work is needed on forging a consensus between Britain and Europe on what any transitional deal may look like. European officials say they will not discuss such a deal before Britain triggers Article 50 of the EU's Lisbon
Treaty to start the process of leaving the EU.
"Everyone has a different definition of what it means in
Europe and within Whitehall. We're trying to get a common view on what transition means," one of the lobbyists said.
Thawing Relations
The British government's relationship with business has gradually improved after months of friction after the vote.
It hit a low point during the Conservative party conference in October when May attacked a "rootless" international elite and officials privately suggested banks would get no special favours in the Brexit negotiations.
Nevertheless, banks feel they have largely finished putting forward their case for single market access.
"We feel we've been lobbying the UK government to death.
We've presented every piece of evidence, every report, research, you name it," one of the lobbyists said.
"We've bee

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