Archive for RBS
The RBS Board appear to have learnt nothing and are keen to review their perks once again.
In early May RBS reported a loss of £895 million for the first quarter, which compares to a profit of £245 million a year earlier.
Stephen Hester said of the results and the likely time scale of RBS returning to profit:
‘…It’s not really in our hands, it’s in the hands of the economy and what it does to our loan books,…’