RBS reports first profit in 10 years

in #ooooooo • 7 years ago

Royal Bank of Scotland has returned to profit for the first time in a decade as it continues its recovery.

Chief executive Ross McEwan told the BBC it was "a really symbolic moment."

The bank, which is majority-owned by the taxpayer, made an annual profit of £752m compared with a £6.95bn loss the year before.

7 years ago in #ooooooo by
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