Arab Today, arab today fund managers shun rbs at breakeven price
Last Updated : GMT 19:58:22
Arab Today, arab today
Arab Today, arab today

Fund managers shun RBS at breakeven price

Arab Today, arab today

Arab Today, arab today Fund managers shun RBS at breakeven price

London - Arabstoday

A survey of 200 leading fund managers by Capital Spreads found that 71pc said they would not buy RBS shares even if they reached this level. The gloomy outlook was continued with the finding that nearly half of the investors thought the state would not begin selling its shares in RBS and Lloyds Banking Group for at least two years. Simon Denham, chief executive of Capital Spreads, said the results of the survey showed City investors regarded the taxpayer\'s 82pc stake in RBS as a \"dud investment.\" \"The current regulatory and legislative environment for banks poses the question whether the government will ever deliver a climate whereby a return on the public\'s investment is possible. Even if we see the share price return to break even there clearly isn\'t going to be a mad rush of buyers,\" he said. The authorities spent £45.5bn to rescue RBS in late 2008. However, at the bank\'s current share price of 28.63p, the taxpayer\'s stake is worth around £14bn.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today fund managers shun rbs at breakeven price Arab Today, arab today fund managers shun rbs at breakeven price

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today fund managers shun rbs at breakeven price Arab Today, arab today fund managers shun rbs at breakeven price

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday