RBS Sees to Significantly Outperform Prior Guidance

The transcript discusses the bank's efforts to wind down operations and its improved 2014 outlook, particularly due to reduced impairments at Ulster Bank. Rising house prices in Ireland have led to a release of provisions, and the absence of new write-offs has further improved the financial situation. The potential for future releases is noted if market conditions continue to improve. However, uncertainties remain, especially concerning conduct and litigation matters, which are common in the banking sector.

What are the two main issues mentioned regarding Ulster Bank?

How have house prices in Ireland affected the bank's provisions?

What significant change did the bank report regarding impairments for 2014?

What potential future developments are mentioned regarding the Irish residential market?

What uncertainties remain for the bank, particularly in relation to conduct?