S&P says RBS may be on path to sustained improvement, raises outlook
RBS may be on the path to a sustained improvement in its credit strength, even allowing for "probable" large conduct and litigation charges during 2016, Standard&Poor's said.
Banks
4,619.92
16:38 14/11/24
0.41%
19.01
FTSE 100
8,071.19
16:49 14/11/24
n/a
n/a
FTSE 350
4,459.02
16:38 14/11/24
n/a
n/a
FTSE All-Share
4,417.25
16:54 14/11/24
n/a
n/a
NATWEST GROUP
390.80p
17:00 14/11/24
0.41%
1.60p
That led S&P to raise its outlook on the group's long-term credit rating from 'stable' to 'positive'.
-- More to follow --