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Friday, May 06, 2011

RBS Asks For Comments

RBS are asking for comments, via its website, about its results:

"RBS made an operating profit of £1.1 billion in the first quarter of 2011 after a break-even result in the last quarter of 2010.

The figures, combined with further improvements in the bank's risk profile, show that RBS is continuing to make good progress in its recovery....

RBS recorded a Q1 attributable loss of £528 million after an Asset Protection Scheme charge of £469m and a fair value of own debt charge of £480m...

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