Shares Fall at Rbs As Results Put Brakes On Recovery Hope
Evening Standard - London › August 07, 2009
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Summary
ROYAL Bank of Scotland (RBS) shares tumbled 8% this morning, as hopes that the banking crisis is over and the economy might quickly return to health faded.
Bank shares have been rising all week on talk that the worst had passed. Even bad debt write-offs of Pounds 11 billion at Lloyds Banking Group couldn't stop creeping optimism.See the full content of this document
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Shares Fall at Rbs As Results Put Brakes On Recovery Hope
Today RBS revealed that it barely broke even in the last six months, recording a nominal profit of Pounds 15 million which was engulfed by imp...
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