Royal Bank of Scotland wieder mit schwarzen Zahlen !!!! - 500 Beiträge pro Seite

[hainholz]

RBS BACK IN BLACK WITH £1.5BN PROFIT
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RBS Chief Executive: Stephen Hester

Sunday July 19,2009
By Geoff Ho

ROYAL BANK OF SCOTLAND is set to bounce back into the black by posting estimated first-half profits of more than £1.5 billion, just a year after reporting the first loss in its 41-year history as a listed company.

The state-owned bank is expected to announce it has returned to profitability when it reports its interim results on August 7. It is the latest bank to report bumper profits raising the prospect of hefty bonus payouts although two Government reviews have recently backed curbs on bankersâ remuneration.

Last week, Goldman Sachs announced it had made £2 billion in the second quarter while JP Morgan made £1.6 billion. According to analysts at Morgan Stanley and UBS, RBS should post first-half pre-tax profits of more than £1.5 billion, due to the recovery in global markets and the disposal of its stakes in Bank of China and Spanish insurer Linea Directa.

The first half saw RBS raise approximately £2 billion from selling those stakes. It also made a £4.5 billion accounting gain from buying back some of its debt in April. Analysts believe that the disposals will more than offset recent losses by RBS.

Last year RBS made a first-half loss of £691 million because of its portfolio of toxic credit investments and bad loans to consumers and companies.

But while RBS is expected to return to profit, fellow nationalised lender Lloyds Banking Group is on course to post more losses. According to UBS, Lloyds, which had to be bailed out by the taxpayer due to its disastrous acquisition of HBOS, is going to report bad debts and toxic credit losses of approximately £13 billion that will push the lender into a first-half loss of £6.3 billion.

Both Lloyds and RBS are still negotiating with the Treasury about the terms of using the Asset Protection Scheme (APS), a Government insurance fund designed to protect banks from toxic credit and bad-loan losses.



Neither bank is expected to have a deal in place with the Government until later this year.

The Government is lining up investment banks to help it dispose of its stakes in RBS and Lloyds. The process is expected to take years to complete.

This week, US investment bank Morgan Stanley is due to announce a second-quarter loss per share of 38 cents, while rivals Wells Fargo is expected to report earnings of 36 cents a share. Bank of New York Mellon is due to post earnings of 59 cents a share.

strong buy !!

[Spekulant88]

was erwartet ihr euch morgen vom kurs?

[Dorfrichter]

Antwort auf Beitrag Nr.: 37.602.721 von hainholz am 19.07.09 21:38:46

Beteiligungen werden veräussert - Wer da drauf reinfällt, dem gehört es nicht anders!

[Grosser Nargus]

scheißegal, hauptsache der Kurz geht über 70 Pence dann bekommt der VV wieder seinen Mio Bonus ausgezahlt.

Also RBS voll reinlongen unlimitiert