Friday, February 26, 2016

RBS Q4 Pre-tax Loss Widens, Postpones Dividend; Stock Down

Shares of Royal Bank of Scotland Group PLC declined around 9 percent in the morning trading in London after the lender reported a wider pre-tax loss in its fourth quarter and postponed its dividend to next year. The weak results mainly reflected lower income amid disposal losses in the Capital Resolution business. Net loss, meanwhile, narrowed significantly.

from RTT - Earnings http://ift.tt/1QjGUfY
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