27/02/14 Market Movements
The FTSE 100 fell 2.91 points today (0.04%) to 6,813.18.
RBS posted the biggest full-year loss since its bailout in 2008 as CEO Ross McEwan outlined plans to return what he called the industry’s least-trusted lender to profit.
The stock fell 7.7% to 326.6 pence in London trading, the most in more than 18 months. The shares still trade below the 407-pence price at which the government says it would break even on its holding. RBS is down 6 percent in the past year while Lloyds Banking Group Plc (LLOY), the second-biggest government-owned lender, is up 52 percent.
CAT stock is currently down 0.51% at $96.70