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RBS Will Continue to Reshape Cost Base for a Number of Years: CFO

Feb.14 -- Royal Bank of Scotland Group Plc Chief Fincancial Officer Katie Murray discusses cost cuts and the low interest-rate environment as the state-controlled lender beat consensus estimates with an operating profit before tax of 1.55 billion pounds ($2.02 billion) in the fourth quarter. RBS, which will be renamed NatWest Group Plc, is almost halving the assets in NatWest Markets, which houses its investment bank.