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 -

Tank,
Do u still hold these?

623000.

I will be at the agm along with others we are going to put a question to HESTER
he will not be a happy chappie he could resign

I think you are over estimating your power as a private investor T! Add another four zeros to your holding and you may be able to affect policy making within RBS!!!

The problem is not the bank's policy, but the criminals who were running it before.

The current problem is the domination of a couple of financial media, like Bloomberg and Fox in writing the news headlines.

harry the question i am going ask will not be good for the ?
but the press will have a field day

off subject . G OSBORNE is a very dishonest person and as a tory
i am ashamed to say i ham a tory but he as now made it immpossible
to vote tory ever again .
he as stolen the lives of pensioners latter days .
this is a lie to far

Royal Bank of Scotland was on everyone’s lips just before the close when rumours circulated that Arab investors, including the Qataris and Abu Dhabi, had bid the Government 30p a share for 29 per cent of its 81 per centstake in the bank. Dealers heard that offer had been rejected but the Treasury had suggested it would be prepared to unload a 15 per centshareholding at the same price. RBS closed 0.54p or 2 per cent higher at 25.26p.


Read more: http://www.dailymail.co.uk/money/markets/article-2128325/MARKET-REPORT-Sale-repairs-firm-Morrison-pipeline.html#ixzz1rmBCnI9J

Thursday should be interesting...

We should wait for the yanks to inform babies like BBC, etc.

They are probably surprised by this and do not like to inform the market of any good news yet.

Is media suggested 1 for 10 share consolidation going to help shareholders?

stops it looking like a penny stock, even if that's what it is

cynic exactly purely cosmetic, unfortunately consolidation usually results in a fall in market value. If the government allow this to happen will LLOY be forced to follow suit?

Interim Management Statement - Part 1 of 6

RBS reports a Q1 2012 Group operating profit(1) of £1,184 million

Core RBS Q1 operating profit £1,667 million, return on tangible equity 11%

UK Retail, UK Corporate and Markets performed strongly

Non-Core run-down continues, funded assets down £11 billion to £83 billion

Group Core Tier 1 ratio 10.8%, liquidity metrics strong

RBS confirms £163bn emergency loan repayment

Royal Bank of Scotland has confirmed that it is to repay the last of the £163bn in emergency loans it received from the US and UK governments.

The announcement came with its first quarter results. It reported a pre-tax loss of £1.4bn, compared with a loss of £116m in the same period last year.

Much of the loss came from changes in the valuation of RBS's debt. It made an operating profit of £1.2bn.

RBS has also set aside an extra £125m to cover claims for PPI mis-selling.

LONDON (ShareCast) - Nationalised lender Royal Bank of Scotland (LSE: RBS.L - news) (RBS) is to repay the final tranche of notes issued under the government's Credit Guarantee Scheme (CGS (KOSDAQ: 900040.KQ - news) ) next week, after posting a profit of more than a billion pounds in the first quarter of 2012. Excluding own credit adjustments, pre-tax profit totalled £1,052m. Own credit adjustments, which reflect the increasing price of debt issued by RBS and therefore the assumed cost of buying it back, warranted a pre-tax charge of £2,456m, leaving a statutory pre-tax loss of £1,404m and an attributable loss of £1,524m.

Nomura has maintained its reduce rating and 26p target price for part-nationalised lender Royal Bank of Scotland, but acknowledges that the first-quarter results were in line and 'modestly better than Lloyds'.

"The RBS Q1 results were similar to our expectations and we thus expect limited movement in current-year profit expectations," the broker said. It added that RBS's balance sheet restructuring has happened faster than it had expected.

However, Nomura has maintained its negative view on the stock saying that both RBS and Lloyds will "find it difficult" to generate sustainable long-term value in a difficult operating environment whilst still needing to further restructure their balance sheets.

The obvious solution to their problems is to float/sell some of their larger businesses... NatWest, Directline,Scottish Widows, Halifax, Bank of Scotland etc. Downsizing should be the order of the day not remaining monolithic.HSBA has already started in the US by selling part of their credit card business.

Royal Bank of Scotland to cut 618 jobs

The Royal Bank of Scotland has said it will cut 618 jobs in response to new banking rules coming into force at the end of 2012.

The bank, which is 82%-owned by the government, said it was having to make the cuts because of the new Retail Distribution Review legislation.

Under the new rules customers will be charged a fee for investment advice from a qualified professional.

But the bank said it would also be creating 351 new roles.

The job cuts come on top of the 35,500 already made since the financial crisis struck in 2008.

The Unite union described the job losses as "brutal".

Response to Moody's Rating Action

I wonder how many of those job cuts were IT workers employed to test software prior to installation.