RBS, which will release its results on 26 February, warned that it will again post a full year loss as the fourth quarter was negatively impacted by £3.6bn of extraordinary charges. The loss in itself should not come as a surprise for the consensus but its magnitude will likely exceed expectations.
27 Jan 2016
Profit warning on an at-least-partly-expected additional hit
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Profit warning on an at-least-partly-expected additional hit
NatWest Group Plc (NWG:LON) | 290 11.3 1.4% | Mkt Cap: 25,261m
- Published:
27 Jan 2016 -
Author:
David Grinsztajn -
Pages:
2
RBS, which will release its results on 26 February, warned that it will again post a full year loss as the fourth quarter was negatively impacted by £3.6bn of extraordinary charges. The loss in itself should not come as a surprise for the consensus but its magnitude will likely exceed expectations.