RBS Will Have A Tough Time In The Coming Years, But The Impact On Its Share Price Is Exaggerated

The Royal Bank of Scotland Group has seen its shares sink by nearly 50% since the beginning of the year. While major banking giants globally have seen their share prices take a hit following the U.K.’s Brexit vote, RBS has been hit particularly hard by the fact that its revamped business model focuses almost entirely on the U.K., and also because the British government is the bank’s largest shareholder with a 73% stake. To make matters worse for the bank, it has reported a string of poor ope...