RBS agrees alternative remedies package for Williams & Glyn

RBS Become Latest bank To Ask For Financial Assistance

Four research experts recommended the company shares with a sell recommendation, around seven has issued a hold recommendation and around seven has issued a buy recommendation to the firms shares. Fisher Asset Management LLC purchased a new stake in Royal Bank Scotland PLC (The) during the second quarter valued at approximately $267,000.

Royal Bank of Scotland Group plc (LON:RBS) traded down 0.40% on Wednesday, hitting GBX 251.30. About 51,440 shares traded. Royal Bank Scotland has a 52 week low of $4.18 and a 52 week high of $7.06.

The lender will further provide £275 million of funding for eligible challenger banks to help them incentivise SME customers of W&G to switch their accounts and loans from RBS. The company's 50 day moving average price is GBX 251.84 and its 200-day moving average price is GBX 244.90. Barclays PLC upped their target price on shares of Royal Bank of Scotland Group plc from GBX 250 ($3.26) to GBX 260 ($3.39) and gave the stock an equal weight rating in a research note on Tuesday, May 2nd. Lastly, J P Morgan Chase & Co boosted Royal Bank Scotland (The) from an "underweight" recommendation to a "neutral" recommendation in a analysis report on Wed, Apr 19th. Toronto Dominion Bank bought a new position in shares of Royal Bank Scotland PLC (The) during the first quarter worth about $170,000.

The Royal Bank of Scotland Group plc (RBS), launched on March 25, 1968, is a banking and financial services company. Keefe, Bruyette & Woods raised shares of Royal Bank Scotland PLC (The) from a "market perform" rating to an "outperform" rating in a research report on Friday, April 21st. The stock's market cap is GBX 29.69 billion.

Credit Suisse Group reiterated their underperform rating on shares of Royal Bank of Scotland Group plc (LON:RBS) in a research report report published on Thursday, July 13th. The financial services provider reported $0.18 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.13 by $0.05.

FG suspends crude oil exploration in Lake Chad Basin after deadly attacks
University Hospital, Maiduguri (UMTH), a member of the medical staff, said: "at this moment We have 19 dead bodies of civilians". There has been no serious suggestion that Boko Haram is motivated by a desire to control oil in northeast Nigeria.

COPYRIGHT VIOLATION NOTICE: "Jefferies Group LLC Reaffirms Hold Rating for Royal Bank of Scotland Group plc (RBS)" was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. Institutional investors and hedge funds own 0.42% of the company's stock. Royal Bank Scotland (The) has a average recommendation of "Hold" and an consensus price target of $7.25. The company had revenue of $3.98 billion for the quarter. Stock analysts expect that Royal Bank Scotland to post ($14.00) EPS for the full year. If you are viewing this piece on another website, it was stolen and reposted in violation of U.S. and global copyright legislation.

Royal Bank Scotland PLC (NYSE RBS) opened at 6.63 on Friday. It fall, as 22 investors sold Apollo Global Management LLC shares while 39 reduced holdings. The legal version of this report can be accessed at https://www.themarketsdaily.com/2017/07/26/royal-bank-scotland-plc-the-rbs-upgraded-at-bidaskclub-updated-updated.html.

However, instead of selling Williams & Glyn, RBS has proposed providing support for challenger banks and funds to boost competition in the sector.

The plan includes setting up a GBP425.0 million "Capability and Innovation Fund" to grant funding to a range of competitors in the United Kingdom banking and financial technology sectors, administered by an independent body.

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