Q3 Interim Management Statement 2013
- RBS announces actions to accelerate capital strengthening and enhance strategic focus
- Full review of bank to improve customer service, reporting February 2014
- Q3 2013 pre-tax loss £634 million, after £496 million accounting charge for improved own credit
- Core Tier 1 ratio up to 11.6%, or 9.1% on a fully loaded Basel III basis
For full Q3 Results documentation and details of the management presentation, see our Results Centre.
"The bar has been set at a higher level for RBS than for other UK banks because we were rescued at the public’s expense. I have asked all our people to embrace the higher expectations that people have placed on our bank. That’s the only way we will build a really great business for our customers, our people and our shareholders. That’s my aim."
Ross McEwan, RBS Group Chief Executive
Sir Philip Hampton, Chairman, talks about Q3 Results
Conference call replays
Replays are available until Thursday 14 November 2013.
Call one of these numbers and use the appropriate access code from the list below:
- UK free call: 0800 953 1533
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Conference replay access codes
- Wires conference: 79319838
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The demand for more labour and a surge in self-employment continues to drive the UK unemployment rate down. House price gains remain strong and inflation is still low. It’s been the story of the UK economy in 2014. But the missing piece of the puzzle remains wages. Until productivity improves, earnings are unlikely to budge.