A decade during RBS: $81 billion lost; $1 billion made

Fed pick: Banks are not too large to fail

At last! The Royal Bank of Scotland has incited a distinction for a initial time in a decade.

The lender, that is mostly owned by a UK government, reported 2017 distinction of £752 million ($1 billion) on Friday, after accumulating waste of £58 billion ($81 billion) over a prior 9 years.

This entry was posted in Money Markets and tagged . Bookmark the permalink.