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 -

Anyone applied for any then?

Wait and buy them in the after market!

Golden cross powered by DLG.

which means what skinney, on up or come crashing down? as for my purchase of dlg, it appears i didn't hit the right button, in hind sight maybe it was fate. no great loss, but in profit now with rbs.,.

Its normally a bullish sign. But wtf do I know.

more than me and thats a fact lol.,. cheers skinny

Santander $2.7 billion deal for RBS UK branches collapses

LONDON | Sat Oct 13, 2012 1:37am BST

(Reuters) - Spain's Santander pulled out of its 1.65 billion pound (US$2.65 billion) deal to buy 316 UK branches from Royal Bank of Scotland late on Friday, dealing a sharp blow to the state-backed British bank.

More than two years after the deal was struck, it collapsed because the process of carving out the business proved more complex and difficult than had been expected. Santander said it was unwilling to again extend the deadline when it became clear that it would not be completed this year.

RBS, 83 percent owned by the British taxpayer, said it would restart the sale process, which had been ordered by European authorities as a cost for Britain's rescue of RBS in 2008.

Sir Richard Branson set to make a move on 316 RBS branches

Virgin Money is poised to work on a bid for the 316-branch Royal Bank of Scotland division after the collapse of the deal to sell it to Santander.

The Sir Richard Branson-backed bank, which took control of previously nationalised Northern Rock on January 1, is ready to look at the balance sheet of the unit with a view to beginning formal due diligence once the sales process is restarted.

A source close to Virgin Money indicated that it had been “very keen” on the RBS unit when it was first put up for sale in 2010, and would be seriously considering the opportunity to rebid.

Despite Virgin Money interest in the branches, RBS may prefer to keep the branches.

either way, reckon sp going to dive tomorrow.....

I think it will not move much by the close.

Note: Virgin Trains Secures West Coast Extension

No, think i was wrong looks quite steady atm.,.

Not much move as expected. If holds, it will jump by the end of the week.

which way?? and why.,.

There is always a limit to everything, even stock manipulation thorough computer glitches cannot destroy the world.

The branches worth much more than the price offered. RBS holders should be happy, IMO.

Have a look under the paragraph "What now?"

Treasury's dilemma over RBS break-up

As expected. Higher than close before the news.

RBS are considering suing BNC.

RBS exits UK Government's Asset Protection Scheme

RBS is pleased to announce that it has agreed with HM Treasury to exit the UK Government's Asset Protection Scheme effective 18 October 2012.

The exit comes at the earliest date consistent with the minimum contractual APS fee. RBS will have paid £2.5 billion for its participation in the APS, without having made a claim, in addition to around £1.5 billion it paid to HM Treasury for liquidity support received during the financial crisis.

BREAKING NEWS: Bank of Scotland fined £4.2 million for failures in mortgage record keeping