The Sunday Times reports that the Royal Bank of Scotland is about to announce a £1 billion loss at least for the first half of the year, with anal-ists warning that it could slide to £1.7 billion. That, they say, is the largest loss in UK banking history.

So I’m adding RBS to the UK watch list:

Barclays
Bradford & Bingley
HBOS
RBS

August is going to be an interesting month.

This entry was posted on Sunday, August 3rd, 2008 at 10:40 am and is filed under Economy, Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.