Friday, May 2, 2014

Royal Bank of Scotland profits triple in first quarter

LONDON, May 2 – Britain’s state-rescued Royal Bank of Scotland said Friday that net profits tripled to £1.2 billion ($2.0 billion, 1.5 billion euros) in the first quarter, buoyed by lower costs and falling impairments. Earnings after taxation surged in the three months to the end of March 2014, compared with £393 million in the […]

Read more here Capital Business