The case is due to come to court on 22 May, with Mr Goodwin set to give evidence in person on 8 June, the same day as the general election. Cash-strapped Royal Bank of Scotland posted a £259m profit for the first three months of 2017, recovering from a near £1bn loss in the same period last year. RBS had expected to spend £125m defending the civil lawsuit, including £6.5m already paid for the legal fees of Mr Goodwin and his fellow executives, including former chairman Sir Tom McKillop. After stripping out fines and settlements, the bank reported that its core operating business made a profit of £1.3bn in the quarter to the end of March, up slightly from just over £1bn last year. The facebook/" target="_blank">shares were bought at 502p per share, more than double the price they have been trading in recent weeks.
as declared in
Net Profit: 1.3 billion Swiss francs ($1.3 billion) versus a 919 million average in a Reuters poll. UBS said on Friday net profit rose 79 percent in the first-quarter of this year boosted by its investment bank business and cost-reduction program. The largest bank in Switzerland beat analysts' expectations reporting a net profit of 1.3 billion Swiss francs ($1.3 billion), up from 707 million francs a year earlier. He added that first-quarter results showed that "all business divisions, all geographies have been contributing to this positive developments on a year-on-year basis." However, the bank cautioned geopolitical and macroeconomic concerns are affecting global markets.
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collected by :Jack Luxor
as declared in
Net Profit: 1.3 billion Swiss francs ($1.3 billion) versus a 919 million average in a Reuters poll. UBS said on Friday net profit rose 79 percent in the first-quarter of this year boosted by its investment bank business and cost-reduction program. The largest bank in Switzerland beat analysts' expectations reporting a net profit of 1.3 billion Swiss francs ($1.3 billion), up from 707 million francs a year earlier. He added that first-quarter results showed that "all business divisions, all geographies have been contributing to this positive developments on a year-on-year basis." However, the bank cautioned geopolitical and macroeconomic concerns are affecting global markets.
read more visit us profit
collected by :Jack Luxor
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