ROYAL BANK OF SCOTLAND GROUP PLC is within a rising trend. Continued positive development within the trend channel is indicated. The stock has broken up through the resistance at pence 50.00. A further rise to 100p (1) is predicted in the medium term. The stock is assessed as technically positive for the medium long term.

Good luck -

Bit harsh marni. Not sure freedom of speech extends that far! (Vermon???)

about par for the course .... why would you expect other from that quarter?

That's his name isn't it?

Vernon ...

used to be in Thunderbirds if I recall ...

WE'RE ALL FRIENDS HERE.
Lrt's kiss and make up

cynic and marni first........

would rather kiss you and that damn emu of yours - lol!

cynic is too busy staring at moneyam all day......and part of evening.......oh he has important business to do too as my mate kate bates informed me, lol

Virgin To Set Up Bank In 2010, Looking At Assets - Founder





MILAN -(Dow Jones)- Virgin Group founder Richard Branson Monday confirmed the group's intention to launch a new bank - Virgin Bank - in the new year, adding that Virgin Money is looking at the assets of three U.K.-based banks.

"We will be setting up the new bank in the new year," Branson said.

"We may also buy some assets of the nationalized banks," he added.

Last week Virgin Money, a unit of the group, said it has submitted its application with the U.K.'s Financial Services Authority to open a bank.

According to press reports, Virgin Money is looking at bidding for Northern Rock assets. Royal Bank of Scotland Group PLC (RBS) and Lloyds Banking Group PLC (LYG) are expected to announce business divestments as early as Tuesday, in a move to fulfill requirements by the European Union after being bailed out by the U.K. government last year.

Branson didn't comment when asked about a direct interest in Northern Rock.

When asked about the possibility of continuing the sponsorship of Formula 1 team Brawn, Branson said an announcement will be done in a month's time.

i wouldnt trust that devious branson........he's probably in cahoots with brown as he was involved with that stupid northern rock deal

27 billion to keep northern rock......and they reckon to sell it for about 200 million

the gov will never recoup money from northern rock

isn't marni extraordinary ..... almost everyone except her, is an arsehole, a crook, a fat and bald bastard or some other unwarranted and abusive epithet

i still favour getting this stupid stubborn old dutch tart shot.

ING was dutch wasnt it! oh and ABN AMRO was dutch too which RBS foolishly bought.........maybe this kroes cow is after anyone that annoys the dutch.

has anyone seen pics of her.......she has thousands of wrinkles on her face, she looks about 125

So what? She may look 125 but she way more powerful than u or me, marni. hahahah!

not if someone kills her............just like that baldy dutch politician not that long ago!

maybe hitler wasnt so bad after all by going into holland........they are both arrogant nations

Marni. have you been hittin' the booze? You are ranting more than usual! ;o)

Govt announcement on banks.

no surprise sp down today cos of that dutch bitch........from telegraph


Following yesterday's agreement, the taxpayer has now invested 45.5bn into RBS and committed to another 8bn injection if the part-nationalised lender's finances weaken dramatically. Under Mr Hester's original plans, he hoped to repay the taxpayer within five years.


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RBS investors say pay chief exec moreEurope's conditions will severely reduce the bank's profitability. RBS has been instructed to sell the insurance arm of Churchill, Direct Line and Green Flag, RBS Sempra, its commodity trading joint venture, and its global payments division, as well as 312 UK branches cutting its share of small business lending from 30pc to 25pc.

Insurance, Sempra and global payments together made operating profits last year of 1.1bn. Mr Hester said he supported the disposal of the branches, which will be bundled together under the Williams & Glyn brand, but added: "The other disposals do not improve competition." He said dealing with the EU had been "bruising".

New restrictions on bonus payments and advisory work also threaten the investment bank. Asked whether paying bonuses for staff on salaries of more than 39,000 in shares renders RBS a "sitting duck" for rivals, Mr Hester said: "Yes it does." The investment bank has been central to Mr Hester's plans to rebuild RBS.

why do you brits let old dutch bitch dictate to you..........europe has given nothing and yet uk gives huge sums every year to europe

Royal Bank of Scotland reported a net quarterly loss of 1.8 billion pounds and said it expected a slow recoveryyou dont say? it looks like Stephen Hester has slid into Fred Goodwins Shoes a treathope he is a little cheaperwith a government increased stake equalling 84 per centits hard to see whats left for the poor investorI would say a complete kerplunk.