RBS Shares Dive on Dividend Delay, Eighth Annual Loss

The transcript discusses the financial challenges faced by the Royal Bank of Scotland (RBS), including its ongoing restructuring efforts and comparison with Lloyds' successful strategy. It highlights the impact of Brexit on UK and European banks, emphasizing the potential economic consequences. The discussion also touches on the resilience of the banking sector and opportunities for asset managers in a changing financial landscape.

What is one of the main reasons RBS is delaying its dividend payments?

• To focus on environmental sustainability

• To expand their operations in Europe

• Due to the US mortgage settlement overhang

• To increase their investment in technology

How does RBS's strategic plan compare to Lloyds' approach?

• RBS is aiming to become more UK-focused and simpler

• RBS is investing heavily in new technologies

• RBS is focusing on international expansion

• RBS is diversifying into new financial products

What is a significant challenge RBS faces in achieving steady profitability?

• Competition from fintech startups

• Lack of investment in digital banking

• Outstanding issues and businesses they need to sell

• High employee turnover

How might Brexit indirectly impact RBS?

• By reducing their operational costs

• By forcing them to change their business model

• By enhancing their international partnerships

• By increasing their domestic market share

What opportunity does the changing financial landscape present for asset managers?

• Increased regulatory challenges

• Opportunities for sustainable outperformance

• Reduced competition from banks

• Higher interest rates