NatWest Markets trips up on trading, as RBS cautions on Brexit

Jasper Cox

February 18, 2019 10:00 am

RBS_PA_230x150 — File photo dated 03/04/13 of an RBS sign. Royal Bank of Scotland has reported its second successive year in the black and announced a £1.6 billion final dividend, resulting in a near £1 billion windfall for the taxpayer. | Philip Toscano/PA Wire/PA Images

Royal Bank of Scotland’s commercial banking division grew its operating profit last quarter, its latest results revealed last Friday, despite corporate clients steering away from spending as they await the outcome of Brexit. Its investment bank, NatWest Markets, endured a difficult quarter, however.

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Topics

Bank Results FIG People and Markets Europe EMEA FIG People and Markets NatWest Markets

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Jasper Cox