personal investment blog

Are RBS shares on a dotcom!!! valuation?

Are RBS shares on a dotcom!!! valuation?

28 Feb 2014

You might have heard that The Royal Bank of Scotland (RBS) delivered some disappointing results yesterday. Underlying operating profit fell by 15% to £2.5 billion and the shares fell by 8%. But you might be surprised that it made a profit at all, given that the reporting of the figures and the interviewing of the latest CEO were generally hostile. Well, here’s...