RBS.L - The Royal Bank of Scotland Group plc

LSE - LSE Delayed price. Currency in GBp
225.40
+0.70 (+0.31%)
As of 2:07PM GMT. Market open.
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Previous close224.70
Open226.30
Bid225.20 x 0
Ask225.40 x 0
Day's range224.20 - 230.29
52-week range176.55 - 274.20
Volume4,564,104
Avg. volume21,083,587
Market cap27.26B
Beta (3Y monthly)1.11
PE ratio (TTM)13.66
EPS (TTM)16.50
Earnings date14 Feb 2020
Forward dividend & yield0.04 (1.78%)
Ex-dividend date2019-08-15
1y target est301.06
  • Why I think the Royal Bank of Scotland share price isn’t worth investing in just yet
    Fool.co.uk

    Why I think the Royal Bank of Scotland share price isn’t worth investing in just yet

    Andy Ross explains that the Royal Bank of Scotland Group plc (LON:RBS) share price might be worth keeping an eye on for future gains as the bank gets stronger.

  • Challenger bank Starling tops 1m accounts
    Yahoo Finance UK

    Challenger bank Starling tops 1m accounts

    The app-only challenger bank passed the milestone on Monday.

  • Reuters - UK Focus

    HSBC and RBS set to launch new digital banking platforms

    British banking heavyweights HSBC and RBS are launching new digital banking platforms, as competition for digitally savvy customers steps up in the face of a wave of online startups. HSBC rolled out a new app-based business banking service - previously known internally as 'Project Iceberg' and now named 'HSBC Kinetic' - in beta testing mode on Monday, while RBS is putting the finishing touches to its new digital bank Bo ahead of a public roll-out later this month. HSBC Kinetic will offer small businesses mobile-managed current accounts, overdrafts and spending and cashflow insights generated by the app crunching data on a company's spending habits.

  • Reuters - UK Focus

    UPDATE 2-Defensive stocks help European shares end flat, London lags

    Demand for defensive stocks helped European shares recover from early losses on Monday as investors grappled with issues ranging from violent Hong Kong protests to an inconclusive Spanish election and weak data from China. After falling nearly 0.5% at one point, the pan-European STOXX 600 index closed flat, helped by a turnaround in bank shares and gains for sectors considered safer bets during times of economic uncertainty, such as food and beverage and real estate. London's FTSE 100 led declines among the major regional indexes with a 0.4% drop, while stocks in Frankfurt fell 0.2% and Paris rose 0.1%.

  • Have The Royal Bank of Scotland Group plc (LON:RBS) Insiders Been Selling Their Stock?
    Simply Wall St.

    Have The Royal Bank of Scotland Group plc (LON:RBS) Insiders Been Selling Their Stock?

    We note that the The Royal Bank of Scotland Group plc (LON:RBS) Chief Operating Officer, Mark Bailie, recently sold...

  • Reuters - UK Focus

    UPDATE 1-RBS raises 750 mln euros from 'social bond'

    Royal Bank of Scotland launched the first "social bond" by a British lender on Friday, which it said would help support lending to small businesses in some of the country's most deprived areas. RBS raised 750 million euros ($827 million), after engaging with potential investors during a roadshow this week. The bond is linked to around 2.5 billion pounds ($3.2 billion) of lending to small firms in disadvantaged areas and is the first to be issued under its new green, social and sustainability framework for bonds, the bank said.

  • Reuters - UK Focus

    RBS to launch 'social bond' to boost lending in deprived areas

    Royal Bank of Scotland said on Friday it is launching the first "social bond" by a British lender, with the proceeds earmarked to back small businesses in some of the country's most deprived areas. RBS said it planned to announce pricing and how much it intended to raise later today, after engaging with potential investors during a roadshow this week. The lender said the bond would be linked to around 2.5 billion pounds ($3.20 billion) of lending to small firms in disadvantaged areas, adding it would be the first issued under its new green, social and sustainability framework for bonds.

  • Here’s what I’d do about the RBS share price and its 11% dividend yield
    Fool.co.uk

    Here’s what I’d do about the RBS share price and its 11% dividend yield

    Rupert Hargreaves explains why he thinks the RBS share price could be worth buying for income at current levels.

  • Rose pledges to simplify RBS as she becomes first female CEO at a top UK bank
    Reuters

    Rose pledges to simplify RBS as she becomes first female CEO at a top UK bank

    Royal Bank of Scotland's new CEO Alison Rose told staff on her first day in the role that she plans to simplify the lender, suggesting further restructuring of the group may be imminent. Rose, an RBS veteran, is the first woman to lead one of Britain's big four banks. RBS's third quarter results last week highlighted the challenges Rose faces, including tackling poor trading at its minnow investment bank NatWest Markets, which shareholders are pressing to be further cut back.

  • Reuters - UK Focus

    UK lawmakers want bank payments "speed bump" to stop scammers

    A mandatory 24-hour delay on all first-time payments from one bank account to another would cut mounting fraud in finance, UK lawmakers said in a report on Friday. Parliament's Treasury Select Committee said fraudsters stole over 600 million pounds ($777 million) from consumers in the first half of 2019 and regulators must crack down harder on scammers. With money transfers between accounts taking just seconds, customers or their bank have little time to be aware that a fraud has taken place, the report said.

  • Reuters - UK Focus

    UPDATE 2-Lloyds profit slumps after PPI hit and bad loan surge

    Lloyds Banking Group came close to suffering a shock third-quarter pretax loss on Thursday after an increase in bad loans and a fresh 1.8 billion pounds ($2.3 billion) provision for mis-sold loan insurance payouts. Pretax profit of 50 million pounds fell short of a 163 million pound average analyst forecast as Britain's most costly consumer banking scandal continued to haunt the bank. As Britain's biggest mortgage lender, due in part to its Halifax business, and a key source of finance for small companies, Lloyds is seen as a bellwether for the UK economy, and most exposed to shaky sentiment among business and household borrowers unsettled by Britain's protracted exit from the EU.

  • Lloyds profit falls 97% as bank takes £1.8bn PPI hit
    Yahoo Finance UK

    Lloyds profit falls 97% as bank takes £1.8bn PPI hit

    Lloyds Bank set aside £1.8bn in the third quarter to cover last minute PPI mis-selling claims.

  • Reuters - UK Focus

    UK banks urge government to ease tax burden as Brexit beckons

    Banking in Britain paid 40 billion pounds ($52 billion) in taxes in the last financial year with half from foreign lenders, underscoring the need for a government rethink on taxes to keep London competitive after Brexit, UK Finance said on Wednesday. Banks and their employees paid a total of 39.7 billion pounds in taxes, or 5.5% of government receipts, unchanged from the prior year, UK Finance said in a review compiled by consultants PwC (see graphic). The tax raised was roughly split between those paid by employees, and the corporate tax, surcharge on profits and balance sheet levies paid by the lenders themselves.

  • With EPS Growth And More, Royal Bank of Scotland Group (LON:RBS) Is Interesting
    Simply Wall St.

    With EPS Growth And More, Royal Bank of Scotland Group (LON:RBS) Is Interesting

    Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

  • RBS Small-Business Lender Heads ‘Lost Their Moral Compass’
    Bloomberg

    RBS Small-Business Lender Heads ‘Lost Their Moral Compass’

    (Bloomberg) -- Royal Bank of Scotland Group Plc’s small-business lender is back in the spotlight 15 months after financial regulators found it systematically mistreated clients in a bid to drive profits.Emails between RBS executives referring to the banks’ relationship with property developer Oliver Morley, who’s suing over a 2006 deal for the repayment of a 75 million-pound ($97 million) loan, create a picture “of individuals who have lost their moral compass,” Morley’s lawyer Hugh Sims told a London court at the opening of the trial Monday.Morley alleges that the lender, under the influence of an arm of the U.K. government’s treasury, used unlawful threats to pressure him to transfer his assets to an RBS subsidiary. This included a warning from RBS that it would use a pre-packaged sale to the subsidiary if Morley didn’t agree to the deal, Sims said. The bank denies the claims and says it acted properly.“Morley was pushed into submission for reason of lack of any alternatives,” Sims said, pointing to e-mails between RBS executives.Morley says he suffered a loss of 34.2 million pounds in income and capital gains because of the break-up of his real-estate portfolio.A November 2009 message sent to Toni Smith, a manager at RBS’s Global Restructuring Group, to schedule a meeting to discuss Morley’s situation referred to a “room booking for the Morley massacre on Tuesday,” what Sims describes as “prescient words.”Two weeks later, Smith emailed Joss Brushfield, director of the bank’s real estate asset management unit, that if Morley “disagrees then it’s his head on a spike,” referring to a proposed deal.The messages are “graphic illustrations of what’s in reality going on the ground, which was huge pressure imposed on Morley,” Sims said.In July last year, financial regulators published a report on the GRG unit after a lengthy investigation. It found that “systematic” mistreatment of small businesses took place and the unit often prioritized revenue generation over its clients’ long-term interest in a bit to establish itself as a “profit center” for the bank.Any information provided by Smith to Morley and his team wouldn’t have been phrased as threats and were simply warnings, RBS’s lawyer Paul Sinclair said in written submissions. Even if Smith did make “threats,” the bank’s conduct “was not unlawful,” he said.(Adds timing of hearing in second paragraph)To contact the reporters on this story: Ellen Milligan in London at emilligan11@bloomberg.net;Eddie Spence in London at espence11@bloomberg.netTo contact the editors responsible for this story: Anthony Aarons at aaarons@bloomberg.net, Christopher Elser, Peter ChapmanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • HSBC CEO vows to ‘remodel’ the bank as profits fall
    Yahoo Finance UK

    HSBC CEO vows to ‘remodel’ the bank as profits fall

    Profit and revenue missed forecasts in the third quarter as the US-China trade war and low interest rates hit the business.

  • Could this looming threat destroy RBS and every other FTSE 100 bank?
    Fool.co.uk

    Could this looming threat destroy RBS and every other FTSE 100 bank?

    Harvey Jones warns that Royal Bank of Scotland (LON: RBS) and the big FTSE 100 (INDEXFTSE:UKX) banks are facing disruption on a massive scale.

  • The RBS share price is sliding again, is it time to load up?
    Fool.co.uk

    The RBS share price is sliding again, is it time to load up?

    As Brexit approaches, could it soon be too late to buy Royal Bank of Scotland (LON: RBS) shares at today's low price?

  • Reuters - UK Focus

    Bank of England aims to boost competition in lending

    The Bank of England is proposing cuts to capital requirements for credit unions as part of efforts to remove barriers to stronger competition in lending, Deputy Governor Sam Woods said on Thursday. Woods added that Britain's departure from the European Union would give UK regulators more room to simplify financial rules. After tackling barriers to entry for challenger banks, it was time to tackle the barriers to growth, said Woods, who is also chief executive of the Bank's Prudential Regulation Authority (PRA), which regulates lenders.

  • Reuters - UK Focus

    LIVE MARKETS-Closing snapshot: Draghi leaves on a high, UK election buzz

    * European shares close higher * Q3 earnings support sentiment * PMIs stagnate * Last ECB meeting for Draghi Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him on Messenger to share your thoughts on market moves: danilo.masoni.thomsonreuters.com@reuters.net CLOSING SNAPSHOT: DRAGHI LEAVES ON A HIGH, ELECTION BUZZ (1535 GMT) European stocks have closed comprehensively higher on what was quite an intense session in terms of corporate news and during which Super Mario gave his last presser as ECB chief.

  • What happened in the stock market today
    Fool.co.uk

    What happened in the stock market today

    AstraZeneca (LON: AZN) reports strong earnings, RBS (LON: RBS) is hit by a PPI charge, and Woodford Patient Capital (LON: WPCT) gets a new manager.

  • RBS share price dips on Q3 loss! Buy time, or is there a better bank?
    Fool.co.uk

    RBS share price dips on Q3 loss! Buy time, or is there a better bank?

    Get past the idea of investing in FTSE 100 bank stocks like RBS and you'll find better, faster-growing banks in emerging economies to invest in.

  • Reuters - UK Focus

    LIVE MARKETS-Who's betting on a correction by 2020?

    * European shares trade higher * Q3 earnings support sentiment * PMIs stagnate * Last ECB meeting for Draghi Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. "We think European equities are poorly positioned, even if the euro area is somewhat on the Value side", SocGen analysts believe, noting that shares of the old continent have a poor earnings profile, lack global champions and are in a bad place if the trade war gets worse or the U.S. economy slows down. Here's SocGen forecast for Q3 2020: (Julien Ponthus) ***** LET'S NOT HOLD OUR BREATH FOR LAGARDE (1506 GMT) Looking at today's gloomy PMIs, there's a case to despair when considering that ECB launched a new round of stimulus last month, cutting rates deeper in negative rate and relaunching a bond purchase scheme, but Euro zone business activity stagnated in October.

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