Wednesday, 1st October 2014

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Thursday tips round-up: RBS, Icap

Wed 1st Oct 14, 19:09:33

The speech delivered by the RBS boss at this year's Merrill Lynch banking conference, in London, was far more upbeat than the one delivered by his predecessor Fred Goodwin, in 2008, during the start of the last financial crisis. At the end of that day, six years ago now, the share price dropped by two-fifths. This time around the lender's current chief, Ross McEwan, highlighted how its 'bad bank' was not as faring as poorly as had been feared.

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