RBS poised to take 4 bn stg hit on value of US bank Citizens
Royal Bank of Scotland is likely to write down the value of its U.S. bank Citizens by about 4 billion pounds ($6.2 billion) next week, industry sources said, potentially wiping out much of the state-backed bank`s annual profit.
Feb 20, 2015, 21:14 PM ISTRBS India pre-tax profit jumps 58% to Rs 662 crore in FY14
British lender Royal Bank of Scotland (RBS) has posted a 58 percent jump in pre-tax profit from its India franchise at Rs 662.11 crore in FY14, helped by wholesale banking business.
Aug 03, 2014, 17:36 PM IST