RBS profits could top £8bn

Royal Bank of Scotland is set to raise the bar for profits by a UK bank over the past year by reporting a haul of around £8.1bn (€11.8bn) today.

RBS profits could top £8bn
Tue, 28 Feb, 2006 - 07:17

Royal Bank of Scotland is set to raise the bar for profits by a UK bank over the past year by reporting a haul of around £8.1bn (€11.8bn) today.

The UK’s second-largest bank will update the market after bumper earnings from the likes of Barclays and Lloyds TSB, with analysts expecting some progress on the £7.85bn (€11.5bn) figure of 2004.

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