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.
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Last week’s annual get-together of central bankers didn’t reveal a clear way forward for gauging labour market slack or when interest rates will rise – topics that have recently dominated discussions at the Bank of England and the US Fed. But it did see the European Central Bank float new ideas on how to bolster the Eurozone recovery.