Royal Bank of Scotland Expected to Set New Record with Gbp 7bn Profit for Year

Summary


ROYAL Bank of Scotland is expected to post the largest ever profit for a Scottish company when it reports annual results on Thursday.

Analysts believe RBS will report an underlying pre-tax profit of GBP 7bn - up from GBP 6.4bn last year. The sum is equivalent to GBP 224 per second.

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Extract


Royal Bank of Scotland Expected to Set New Record with Gbp 7bn Profit for Year

But Fred Goodwin, the chief executive of RBS, will still receive a tough examination from analysts who are growing increasingly i...

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