Although RBS managed to turn a profit in 2017, Laith Khalaf, senior analyst at Hargreaves Lansdown, emphasised that "this is a stay of execution rather than a pardon" since the bank still faces a multi-billion-dollar penalty from the US DoJ, "which is going to take a big slice out of the bank's 2018 profits".
On a wider view of the group, gross new mortgage lending across UK PBB, Ulster Bank RoI, Private Banking and RBS International (RBSI) dropped from £35.8bn in 2016 to £33.9bn in 2017. Citigroup reaffirmed a "neutral" rating on shares of Royal Bank of Scotland Group in a research note on Monday, February 12th.
DRAFT PGA Recommended Plays: Honda Classic
The Northern Irishman won the Honda Classic in 2012 but has missed the cut at PGA National on his last two competitive visits. Marc Leishman and Luke Donald have good history on this course due to their ability to play in windy conditions.
Royal Bank of Scotland Group (NYSE:RBS) traded down $0.30 on Friday, hitting $7.64. Finally, Zacks Investment Research lowered Royal Bank of Scotland Group from a "buy" rating to a "hold" rating in a research report on Wednesday, November 29th.
As of 08:23 GMT, RBS' share price had given up 4.54 percent to 269.19p. Sanford C. Bernstein downgraded Royal Bank of Scotland Group from an "outperform" rating to a "market perform" rating in a research note on Tuesday, January 2nd. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and five have given a buy rating to the stock. Royal Bank of Scotland Group earned a coverage optimism score of 0.45 on Accern's scale. The stock had a trading volume of 33,314,456 shares, compared to its average volume of 12,090,000. The financial services provider reported GBX 25.20 ($0.35) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of GBX 25.80 ($0.36) by GBX (0.60) (($0.01)), Bloomberg Earnings reports. The company has a market cap of $46,906.14, a price-to-earnings ratio of -10.61 and a beta of 1.20.
City Officials Preparing For Flooding As Heavy Rains Draw Closer
County officials, Mattingly said, are monitoring the situation, but the results of the next week's flood are out of their control. Drier weather will return to Greater Lafayette beginning Sunday afternoon and linger through the middle part of next week.
Shares in Royal Bank of Scotland Group (LON:RBS) have fallen deep into the red in London this morning, even as the part government-owned lender reported its first annual profit since the financial crisis.
It has been battling to return to profitability since reporting the biggest loss in United Kingdom corporate history in 2008, shortly after the United Kingdom taxpayer money had been used to save the bank from collapse.
Marcus Peters requested trade after playoff loss
Details of the trade, which won't be processed until the start of the new league year on March 14, have yet to be disclosed. On Friday afternoon, the Kansas City Chiefs shocked the football world and traded Marcus Peters to the Los Angeles Rams .
The report said that developments in United Kingdom financial services, especially the introduction of disruptive technology "may impede the group's ability to grow or retain its market share and impact its revenues and profitability, particularly in its key United Kingdom retail banking segment". The bank, however, did not provide an update on the potential timing of the settlement with the DoJ.
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