Tuesday January 21, 2020

Stock take: market week

Google's brand trumped Apple's, while RBS's losses climbed

26th February, 2017
4
RBS has seen losses grow

RBS has seen its losses more than treble between 2015 and 2016, according to the bank’s latest results.

“In 2016 RBS made an attributable loss of £7 billion, mostly reflecting charges for outstanding litigation and conduct, and costs associated with restructuring of the bank. The financial impact of these issues is a difficult but necessary step in working through the bank’s legacy issues. These costs are a stark reminder of what happens to a bank...

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