RBS announces actions to accelerate capital strengthening and enhance strategic focus
Full review of bank to improve customer service, reporting February 2014
Q3 2013 pre-tax loss £634 million, after £496 million accounting charge for improved own credit
Core Tier 1 ratio up to 11.6%, or 9.1% on a fully loaded Basel III basis
For full Q3 Results documentation and details of the management presentation, see our Results Centre.
"The bar has been set at a higher level for RBS than for other UK banks because we were rescued at the public’s expense. I have asked all our people to embrace the higher expectations that people have placed on our bank. That’s the only way we will build a really great business for our customers, our people and our shareholders. That’s my aim." Ross McEwan, RBS Group Chief Executive