RBS has posted a full-year loss – again. This is the seventh consecutive year of losses for the part-nationalised British lender. Shareholders waiting for recovery of value and resumption of dividends will have to grit their teeth for a while longer. And the UK government, which still owns 79% of the shares, has had to admit that returning RBS to private ownership before the next election is impossible. (Some of us never thought it was very likely –but that’s another story.)
RBS has posted a full-year loss – again. This is the seventh consecutive year of losses for the part-nationalised British lender. Shareholders waiting for recovery of value and resumption of dividends will have to grit their teeth for a while longer. And the UK government, which still owns 79% of the shares, has had to admit that returning RBS to private ownership before the next election is impossible. (Some of us never thought it was very likely –but that’s another story.)
Share this Article
Recommended