Published Date:
07 November 2009
ON THE face of it there isn't much to cheer in Royal Bank of Scotland's third-quarter figures. Another enormous losses, more impairments, further warnings of job losses … the crisis just seems never-ending.
Yet when Stephen Hester, its chief executive, spoke yesterday of rebuilding a "vibrant and profitable" bank, he wasn't simply putting on a brave face. He meant it.
The numbers certainly look bad. No, dreadful. But they are not getting worse and we...
-
Last Updated:
06 November 2009 9:36 PM
-
Source:
The Scotsman
-
Location:
Edinburgh
-
Related Topics:
Royal Bank of Scotland
