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 -

thank you Tanker

If you want a list of broker recommendations - here is as good as anywhere to look.

very useful skinny ta.,.

Or here:
http://www.digitallook.com/dlmedia/investing/uk_shares/broker_views

Harry - have you looked at NWS (there is no thread on here) - I bought in last week for the dividend - trading statement tomorrow. HL had them as 100% buys in their lunchtime most traded shares today. There have been a few bits floating around about them over the weekend - maybe worth putting on your watch list.

I will start a thread if tomorrow goes well :-)

Had a look a while back, but sp was in decline, so......computer said no!

Thank you all re broker recommendation links

looking at the performance targets of john hourican to get bonus .
well the sp as halved who ever gave out the targets should be sacked and never employed again the man is completely useless and any one at the banks tillers could of done better . the man as no shame .

RBS executive confident bank can meet funding needs

THE Royal Bank of Scotland executive charged with ensuring the Edinburgh bank has enough money to back its loans has warned the banking sector faces a funding gap but is "confident" RBS can meet its needs.

I have a substantial number of these - what view do RBS holders on this thread take - hold for the next 3 weeks pre results - or cash in now?

Hold for the next three years.

One may look back one day and wish one had ?

i banked a very small profit yesterday - and bought more GKP sa it happens
i primarily view RBS as a trading stock as it's surprisingly volatile

Thanks all. I've bought and sold 200,000 shares 16 times since August and not yet sold at a loss but break even is 22.10p and don't want to be caught short - staring the literal and the obvious!!

16 out of 16 - well done!

Changes to Wholesale Banking Operations

RNS Number : 4384V

Royal Bank Of Scotland Group PLC

12 January 2012

The Royal Bank of Scotland Group plc ("RBS") announces strategic and organisational changes in its investment banking/wholesale business

12 January 2012

RBS has today announced changes to its wholesale banking operations to ensure they continue to deliver against the Group's strategy announced in 2009. The changes follow a review outlined at its Q3 2011 results, in light of a changed market and regulatory environment. The changes will see the reorganisation of RBS wholesale businesses into "Markets" and "International Banking" and the exit and downsizing of selected existing activities.

RBS wholesale businesses are dedicated to the needs of our corporate and institutional clients globally. Going forward they will focus on our existing strengths in fixed income, foreign exchange, debt financing, transactions services and risk management solutions. These are cornerstone products and services for the global economy in any economic environment.

Group Chief Executive Stephen Hester said:

"We launched the RBS recovery plan in 2009 with strategic tests for the businesses that the Group would retain. They would be restructured and managed to sustain strong, customer driven competitive positions, return more than their cost of capital, use a proportionate amount of Group resources and be closely connected with each other.

"This strategy has succeeded in making RBS stronger and placing us on the road to long-term success. We have reduced our balance sheet by some GBP600 billion and have rebuilt capital ratios that place us among our strongest international peers. Our core Retail and Commercial businesses outside Ireland now operate with an attractive return on equity overall. Our investment bank has produced an average return on equity of 19% and delivered over GBP10 billion in profits since 2009. Our Non-Core assets have fallen below GBP100 billion, ahead of schedule. Profits from our Core businesses have been essential to pay for the clean-up losses of RBS legacy.

"But for our strategy to be effective, it must adjust to fresh challenges. And it is clear that, particularly in the wholesale banking arena, significant new pressures have emerged. The changes we are announcing today seek to ensure that RBS is at the front of the pack in pursuing a strategy that reflects the environment we expect to operate in.

"Our goal from these changes is to be more focussed for customers, more conservatively funded, more efficient and with better, more stable returns for shareholders overall."

The changes will include an exit from cash equities, corporate broking, equity capital markets, and mergers and acquisitions businesses. Significant reductions in balance sheet, funding requirements and cost base in the remaining wholesale businesses will be implemented. The actions announced today are outlined in the notes below. They will begin immediately, but may take up to three years to implement. RBS will provide final detail with its Full Year 2011 results on 23 February 2012.

From the RNS

9. At this stage we envisage a further net employment reduction over three years of circa 3,500, split between our UK and non-UK locations, in addition to the approximately 2,000 reduction in staff in GBM in H2 2011. These proposals are of course subject to consultation with our various social partners in those jurisdictions impacted.

close to sale of 12b of none core business

Bit of a gap to fill around 24p.

i decide to sell job loses will cost millions