RBS: trapped potential

RBS: trapped potential

Royal Bank of Scotland (RBS) closed out 2019 with shareholder profits and capital ratios ahead of City forecasts. Now free of fresh PPI provisions, the fourth quarter return on tangible equity (RoTE) even climbed to an impressive 17.7 per cent. Shareholders rewarded this commendable performance by sending the lender’s shares down by as much as 7 per cent.

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