Royal Bank of Scotland, following the results of the third quarter, reported on the growth of net profit by 14.3% in annual terms to 448 million pounds sterling. The indicator did not reach experts' forecasts of 507 million pounds. The bank noted that to overcome possible problems after Brexit, 100 million pounds were sent to reserves. Operating profit before tax was £961 million, up 10.3% in 12 months. Net interest margin of 1.93% for the quarter was 8 basis points lower than a year earlier. The headquarters of RBS after Brexit will be located in Amsterdam, the bank received permission from the Netherlands financial regulator.
UK economy shows 1.3% stronger-than-expected growth in fourth quarter10.03.2021
Oil falls for third day ahead of U.S. stockpile EIA data09.03.2021
Japan’s fourth quarter GDP dwindles on firms’ restricted spending11.02.2021
AstraZeneca estimates 2021 growth after beating 4th quarter sales, sees faster growth