RBS business returns to profit in Q1-Q2

Source: Bloomberg
© Scanpix/Reuters
The Royal Bank of Scotland Group Plc, the biggest state-owned bank in the U.K., registered a significant increase in profit for work in the first half of this year. As expected, pretax income advanced to 2.65 billion pounds in Q1-Q2 of 2014. The bank also targets to save 1 billion pounds by the end of this year. Today, the corporation's shares jump 13.3% to 372.6 pence by 8:15 GMT in London.
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