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 -

the point being this IF THE BANKS DO NOT GET BACK TO WORKING .
then the countrys will never get back to growth then the problems start big time riots
this will not happen THE BANKS WILL RETURN TO GROWTH and it will start next year

Well finally been filled - hopefully that is it!

Skinny, what's your average on RBS now?
Mine is way too high at 33.25 but I bought some time ago before the latest "Credit Crunch" and uro disaster!
TT

Hi TT, my average is 35.5 (42 for LLOY). RBS are in an old ISA that I don't add cash to any more, so I only invest on a sale or dividend.

FSA to announce relaxation on mortgage lending

http://uk.finance.yahoo.com/news/FSA-announce-relaxation-tele-1597872151.html?x=0

have sold OSBORNE has destoyed this bank now ,
has i have said the CONSERVATIVE party are finished

Crikey TANKER you seem to be in and out of various shares so often, and usually at a loss, good job you can afford to stand the losses.
2517

1000's of staff let go next year.

The Government has diluted a key element of its crackdown on British banks in the wake of threats by HSBC to move its headquarters out of Britain.
George Osborne announced a string of reforms yesterday designed to increase bank stability and reduce the chances of taxpayers having to bail out troubled banks again.
The Chancellor said that he was implementing the main recommendations of Sir John Vickers, the chairman of the Independent Commission on Banking, including the ring-fencing of high street banking operations.
However, rules to force banks to set aside huge amounts of additional loss-absorbing capital have been adjusted in a way that could help HSBC, in particular, banking experts said.
Sir John envisaged large banks being forced to build loss-absorbing cushions equivalent to at least 17 per cent of their worldwide assets.
But in his formal response yesterday, Mr Osborne said that the new formula need not apply to non-British assets so long as the bank could show there was no risk to British taxpayers.

Assets outside UK can be excluded from the formula. so, it is not that bad.

The economical situation is very dynamic. North Korea does not need any mor weapon. Will move towards democracy. Not good for the big army over there. They should go back home.

From an investment point of view whilst it will make the banks less risky, future returns will be lower than those enjoyed a few years ago.
2517

just befrore i go when is HESTOR now going to resign has we now no that it is the simpleton OSBORNE WHO IS RUNNING THE BANK is hands are tied what muppet would want that or is hestor only in it for is salary

A dull bank of the future.

I have been extremely fortunate in having a non interrupted working life, ie never unemployed or having to claim benefits, however it doesn't matter how many pats on the back or commendations you get, it is money that pays the bills and governs your lifestyle, and I imagine that Hestor is no different to the vast majority of us, he 'works' for the money, it is the best (only) motivator.
2517

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We all work for money. However some people do not bother about others and can do crime (direct or indirect) to gain and do not bother about the effect on their peers.

Is he one of them?

I only gamble for my money these days but i did work for serveral big companys
and the reason i left the last one was a young guy with contacts in the directors
but was has thick as a blank i refused to assit him and told them to stick it .
in the next few weeks of going i was contacted 5 times any one who likes being a puppet might as well kill them selfs after 9 months he was sacked he cost the company thousands jobs for the boys destoys companys and so does workers who are to scared to speak out like at rbs goodwin did what he did because of bad staff not speaking out

rbs will have too have a share consolidation when they sellmost of the company
be very careful

Been out for a while,----mnamreh, I can't think of many cases where people work for the sheer love of the job other than those who are wealthy enough not to have to worry about money, after all without it you can do nowt.
2517

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