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RBS returns to profit a decade after being nationalised watch

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    About bloody time.





    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 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.
    RBS still faces a potentially massive fine from the US Department of Justice over the sale of financial products linked to risky mortgages.
    The bank had expected to settle the case this year.

    http://www.bbc.com/news/business-43166560
 
 
 
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