Royal Bank of Scotland boasts £752million annual profit – first time in black for 10 YEARS

ROYAL BANK OF SCOTLAND has reported a £752million annual profit, with the lender swinging out of the red for the first time in ten years. The figure compares to a £6.95 billion loss which the lender reported a year ago, which was one of the biggest since its Government bailout in 2008, as it dealt with conduct charges, legacy and restructuring costs. -»