Revista-E

Scotland (Revista E) - The Royal Bank of Scotland Group announced its 2009 annual results. Stephen Hester, CEO of RBS Group, reported a loss of £3.6 billion. He said that RBS has clearly signposted the way towards the full process of rebuilding and recovery. Hester commented on RBS core businesses constituting the RBS of the future which made £8 billion of profits in 2009. He also confirmed that RBS have reduced its balance sheet by nearly £700 billion in 2009 and the company is already.