RBS Joins The Club
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.