UK bank RBS has announced a quarter one pre-tax profit of £826 million.
These results show pleasing progress in delivering a strong and valuable RBS for all our stakeholders. We expect to substantially complete the Bank’s restructuring phase during 2014. We are seeing the start of a pick-up in loan demand and have a strong surplus of funds ready and available to fully support economic recovery. Across the Group we are working hard to improve what we do for customers and to better position the Bank for future growth.
More top news
A 21-year-old man accused of planning to travel to Syria and engage in "violent jihad" has appeared in court.
An Australian entrepreneur has publicly identified himself as the inventor of the digital currency Bitcoin.
Local governments in China issued emergency responses following a deluge of hailstones on Sunday.