RBS to report profit uplift amid UK share sale hope

Royal Bank of Scotland reports third quarter results on Friday amid heightened speculation that Britain could begin selling shares in the part-nationalised bank before the next election in 2015.

But compensation pay-outs for mis-sold loan insurance, plus investigations into interest rate rigging and possible breaches of sanctions on Iran still hang over the bank’s recovery.

via Business feed http://www.scmp.com/business/companies/article/1074508/rbs-report-profit-uplift-amid-uk-share-sale-hope