Royal Bank Of Scotland Says 1st-quarter Profit Triples

LONDON (AP) — Royal Bank of Scotland says first-quarter profit more than tripled as it moved past the havoc wreaked by the global financial crisis. The bank, which was bailed out by British taxpayers in 2008, said Friday that net income rose to 792 million pounds ($1.1 billion pounds) from 259 million pounds in the same quarter a year earlier. RBS has simplified its operations to focus on the U.K.

Topics:  london ap     royal bank   scotland   british   rbs   u.k    newsok   profit   pounds   million   

 

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