- Reuters - UK Focus•31 minutes ago
British insurer RSA posted a 25 percent rise in 2016 operating profit, beating forecasts thanks to strong performances in most of its core businesses and sending its shares to their highest in over five years. Operating profit for the year came in at 655 million pounds, compared with a company-supplied consensus forecast of 626 million pounds. Home and motor insurer RSA, best known in Britain for its More Than brand, has been undergoing a restructuring programme under Stephen Hester, the former head of bank RBS (LSE: RBS.L - news) .
- Reuters - UK Focus•2 hours ago
Insurer RSA posted a 25 percent rise in 2016 operating profit to an above-forecast 655 million pounds ($814.49 million) due to strong performance in most of its core businesses, and raised its target for return on equity. Analysts in a company-supplied forecast had expected an operating profit of 626 million pounds. RSA, which has been undergoing a restructuring programme under ex-RBS (LSE: RBS.L - news) boss Stephen Hester, raised its target for return on tangible equity to 13-17 percent from a previous range of 12-15 percent, and said in a statement on Thursday it hoped to "perform in the upper part of this range".
- Reuters - UK Focus•yesterday
A U.S. judge on Tuesday dismissed most of an investor lawsuit accusing several major banks of conspiring to manipulate the benchmark European Interbank Offered Rate, or Euribor, and related derivatives. ...
RBS.L: Summary for ROYAL BANK OF SCOTLAND GROUP PL - Yahoo Finance
The Royal Bank of Scotland Group plc (RBS.L)
LSE - LSE Delayed price. Currency in GBp
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|Bid||252.20 x 654700|
|Ask||252.30 x 41000|
|Day's range||250.30 - 253.80|
|52-week range||148.40 - 260.90|
|PE ratio (TTM)||-559.20|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|