RBS Plans to Cut $2.5 Billion of Costs After Ninth Straight Loss – Bloomberg
Bloomberg |
RBS Plans to Cut $2.5 Billion of Costs After Ninth Straight Loss
Bloomberg Royal Bank of Scotland Group Plc, Britain's largest taxpayer-owned bank, laid out a plan to cut costs by 2 billion pounds ($2.5 billion) over the next four years as it posted its ninth straight annual loss. The net loss widened to 6.96 billion pounds … UPDATE 1-RBS posts $8.7 billion loss in ninth straight year without a profitReuters RBS Posts $8.7 Billion Full-Year Loss as Litigation, Restructuring Costs Hammer Bottom LineTheStreet.com RBS made its 9th consecutive year of losses and says it won't make a profit until 2018Business Insider MarketWatch –The Wall Street Transcript –CNBC –BBC News all 55 news articles » |