Shares climbed an extra £2.5 billion adding to the value of Royal Bank of Scotland today after it said quarterly profits had doubled.
RBS, which is 80% owned by the taxpayer, said profits before tax had risen to £1.64 billion from £826 million in the same period last year, prompting shares to rise by 13% after news broke this morning.
Shares settled at 9% - despite a warning from RBS chief executive Ross McEwan that there were still "plenty of issues from the past to reckon with".
Mr McEwan said the latest figures showed the "great job" it could achieve while in a "steady state.
More top news
ITV News' Tom Brady speaks to billionaire philanthropist Bill Gates about clean energy sources and a new $7bn green tech research fund.
A man accused of killing three people and wounding nine others in a shooting at an abortion clinic in Colorado has appeared in court.
Dean Lucas and Adam Coleman were in Mexico on a surf trip but it is feared they may have been victims of local violence.