What will Happen to RBS and Lloyds?
13-01-2012, 12:45
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#1
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What will Happen to RBS and Lloyds?
With RBS and Lloyds continuing to cut job and restructure the business, along with the fact their share prices is lower than when the government bailed them out, what do you think will happen to them in the near future?
http://www.guardian.co.uk/business/2...stment-banking
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13-01-2012, 13:40
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#2
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Nil Status Nisi Optimum
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Re: What will Happen to RBS and Lloyds?
They'll be hugely successful and pay back all the money they owe us.
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13-01-2012, 13:41
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#3
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Re: What will Happen to RBS and Lloyds?
Would they be sold to other banks?
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13-01-2012, 13:47
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#4
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cf.mega poser
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Re: What will Happen to RBS and Lloyds?
They will be merged with the aim to build a massive airport serving London based in the outer Hebrides.
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13-01-2012, 13:52
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#5
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Re: What will Happen to RBS and Lloyds?
Quote:
Originally Posted by Pierre
They'll be hugely successful and pay back all the money they owe us.
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They will, Eventually...
---------- Post added at 13:52 ---------- Previous post was at 13:50 ----------
I think that RBS will be sold to HSBC
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13-01-2012, 13:52
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#6
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Re: What will Happen to RBS and Lloyds?
Quote:
Originally Posted by Alan Fry
Would they be sold to other banks?
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no because HS2 will have too many stops and the boss won't get there in time to sign the papers
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13-01-2012, 14:04
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#7
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Re: What will Happen to RBS and Lloyds?
Quote:
Originally Posted by martyh
no because HS2 will have too many stops and the boss won't get there in time to sign the papers
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I am only suggesting 5 stops over phase 1 and 2!
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13-01-2012, 15:26
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#8
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19
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Re: What will Happen to RBS and Lloyds?
Quote:
Originally Posted by Alan Fry
They will, Eventually...
---------- Post added at 13:52 ---------- Previous post was at 13:50 ----------
I think that RBS will be sold to HSBC
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See here for the branches...
www.rbs.com/customers/our-services/sale-of-branches.ashx
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13-01-2012, 16:06
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#9
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Re: What will Happen to RBS and Lloyds?
Rupert Murdoch will buy them and the Royal Mint.
Virgin Money will only be allowed to issue certain denominations of currency to try an encourage people to open Murdoch accounts.
Virgin will have faster technology that actually predicts when you'll need money and deliver it direct to your pocket (Fair usage policy applies)
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14-01-2012, 22:58
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#10
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Re: What will Happen to RBS and Lloyds?
RBS still has:
2,300+ branches in Great Britain
Several Private Banks
(Adam and Company, Child & Co, Drummonds Bank, Coutts & Co)
240 branches in Norhern Ireland and Ireland
1,500 branches in America
A large Investment bank division
I am sure HSBC and other bank would be interested, since RBS is only worth £14.3 billion
http://www.google.co.uk/finance?q=LON%3ARBS&hl=en
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15-01-2012, 01:31
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#11
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Re: What will Happen to RBS and Lloyds?
Quote:
Originally Posted by Alan Fry
RBS still has:
2,300+ branches in Great Britain
Several Private Banks
(Adam and Company, Child & Co, Drummonds Bank, Coutts & Co)
240 branches in Norhern Ireland and Ireland
1,500 branches in America
A large Investment bank division
I am sure HSBC and other bank would be interested, since RBS is only worth £14.3 billion
http://www.google.co.uk/finance?q=LON%3ARBS&hl=en
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Please read this about the branches, as posted above...
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15-01-2012, 08:25
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#12
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cf.mega poster
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Re: What will Happen to RBS and Lloyds?
Quote:
Originally Posted by Alan Fry
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OK and how much in liabilities in potentially bad loans does RBS have?
There's a good reason why it's only worth that amount. Along with others it's a zombie. House prices are being propped up as much as possible to avoid the zombies keeling over completely.
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16-01-2012, 10:50
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#13
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Re: What will Happen to RBS and Lloyds?
Quote:
Originally Posted by Mal
Please read this about the branches, as posted above...
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Sorry after the Santander sale it is now 2,100 in Great Britain, they are also selling its insurance division!
http://www.metro.co.uk/news/761656-t...t-does-it-mean
---------- Post added at 10:50 ---------- Previous post was at 10:49 ----------
Quote:
Originally Posted by Ignitionnet
OK and how much in liabilities in potentially bad loans does RBS have?
There's a good reason why it's only worth that amount. Along with others it's a zombie. House prices are being propped up as much as possible to avoid the zombies keeling over completely.
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Is is not the case than the bas assets are with the gvoernment now?
There are some good assets in RBS!
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16-01-2012, 11:12
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#14
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Cable Forum Team
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Re: What will Happen to RBS and Lloyds?
Re bad assets, you are confusing RBS with Northern Rock.
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16-01-2012, 12:28
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#15
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Re: What will Happen to RBS and Lloyds?
Quote:
Originally Posted by Hugh
Re bad assets, you are confusing RBS with Northern Rock.
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What the government should do is fully take control of RBS and Lloyds and then sell of the good assets to rival banks and thr remaining assets would be transfered to the government's "bad bank"
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