$RBS: Dow Jones Newswires: Royal Bank of Scotland profit rises, but bank scales back returns target

Date: Friday, February 14th, 2020

Stock(s) mentioned:

Source: MarketWatch (https://www.marketwatch.com)

Summary: Royal Bank of Scotland Group PLC on Friday reported an increased profit for the fourth quarter of 2019 but trimmed its medium-term returns target.

Full article address: http://www.marketwatch.com/news/story.asp?guid=%7B209C0DE6-4F00-11EA-833C-A3261B110A22%7D

Related News:

$RBS $DB $LYG $HSBC: Royal Bank of Scotland Trims London Securitized Credit Team

$BAC $RBS $ING $BCS $LYG: UK Banks Scrap Shareholder Distribution: US to Follow Suit?

$HSBC $BCS $RBS $UNCFF: U.K. banks tumbled on Wednesday, as major lenders agreed to scrap dividend payouts and share buybacks for the rest of 2020 at the request of the Bank of England.

$JPM $BAC $C $MS $RBS: Major Banks Pause Job Cuts Amid Coronavirus-Related Mayhem

$RBS $BCS $SCBFF $LYG $HSBC: BoE Cancels Stress Test for Major Banks on Coronavirus Woes

$C $UBS $RBS $STT: RBS to Change Name to NatWest Group, Slash Investment Banking

$RBS $AMN $ANET $AYX: Company News for Feb 18, 2020

$RBS: London Markets: Royal Bank of Scotland tumbles in London as target cut overshadows a rebrand

$RBS: Dow Jones Newswires: RBS pledges to end coal financing and put stricter rules on oil companies

$AZN $RBS: European Stocks Are Going Nowhere as Investors Gauge COVID-19 and Gloomy German Growth

$LYG $HSBC $RBS $BCS: Lloyds Stock Is a ‘Pure U.K. Banking Play’ Post-Brexit

Latest News:

$JPM: If Companies Aren’t Buying Their Own Stock, Who Is?

$X: In a Steel Town, Coronavirus Fear Has a Father Hoping for Layoff

$GILD: Gilead Accelerates Production of Experimental Coronavirus Drug

$MET: The Small Business Association will back $350 billion in loans to small businesses. But there are problems with the loan-making, and many experts say that’s not nearly enough. President Trump hasn’t heard of any problems, but says he’ll back the SBA if…

$WFC: Wells Fargo Curtails Jumbo Loans Amid Market Turmoil

$BEN $LM: There are still more hurdles Franklin Resources needs to overcome before its acquisition of Legg Mason is complete, but the Federal Trade Commission has granted its approval.

$ZM: Zoom CEO: ‘I Really Messed Up’ on Security as Coronavirus Drove Video Tool’s Appeal

$AAPL $COMP $DJIA $GOOG: In One Chart: Two. Trillion. Dollars? Here’s where all that coronavirus stimulus is going

$HON $DJIA $SPX $MMM $EADSY: Honeywell, the big industrial and aerospace firm, is asking its suppliers for deep cuts in the price of goods it buys from them—along with extended payment terms and other concessions—in a sign of how the swift economic downturn caused by Covid-19 is…

$AMZN $ABT $TMO: Amazon in contact with coronavirus test makers as it plans pandemic response

$BABA: New York Governor Andrew Cuomo warned today that the state is still about a week away from the coronavirus crisis hitting its peak. He also shrugged off the lawsuit from the National Rifle Association over his deeming gun shops nonessential.