Royal Bank of Scotland reports bigger than expected loss in 4th quarter

Note: This section contains information in English only.
Source: Marketwatch
Royal Bank of Scotland posted a GBP 1.8 billion loss compared to a profit of GBP 12 million in corresponding quarter year ago. The drop in profit was twice as big as expected, mainly triggered by a 17% drop in revenue which decelerated from  GBP 7.14 billion to GBP 5.92 billion. Economists questioned by Bloomberg predicted a net loss to reach only GBP 1.1 billion.
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