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Wysłany: Sob 4:15, 26 Lut 2011 Temat postu: Royal Bank of Scotland Group Plc |
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Royal Bank of Scotland Group Plc
Royal Bank of Scotland Group Plc
Royal Bank of Scotland Group Plc, Britain’s biggest government-owned lender, missed analyst estimates as losses from [link widoczny dla zalogowanych] Ireland climbed and profit from investment banking shrank.
The net loss was 1.1 billion pounds 1.78 billion compared with a loss of 3.6 billion pounds in 2009, the Edinburgh-based bank said today in a statement. That was worse than the 406.5 million-pound median loss estimated by 11 analysts surveyed by Bloomberg. Irish loan-losses almost doubled, rising by 512 million pounds to 1.16 billion pounds, while operating profit at the [link widoczny dla zalogowanych] investment-banking unit fell by 2.2 billion pounds.“Two years on from the global financial crisis, RBS’s recovery is ahead of schedule,[link widoczny dla zalogowanych],” Chief Executive Officer Stephen Hester said in the statement. “We have much work still to do and there are significant obstacles still to overcome.”
Hester, 50, last February forecast the bank would return to profit in 2011 after three years of losses. The bank, which received a 45.5 billion-pound taxpayer rescue, the biggest in the [link widoczny dla zalogowanych] world, has cut about 27,000 jobs and disposed of more than 100 billion pounds of assets since Hester replaced Fred Goodwin during the financial crisis of November 2008.
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