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United States

Banks

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Royal Bank of Scotland group 2016 loss 6.955 billion stg

2:08am EST

Royal Bank Of Scotland Group : 2016 loss attributable to shareholders 6.955 billion stg . Royal bank of scotland group 2016 conduct and litigation charges 5.9 billion stg . Royal bank of scotland group 2016 restructuring costs 2.1 billion stg . Royal bank of scotland group 2016 total adjusted income 12.372 billion stg . Royal bank of scotland group targets saving 750 million stg of costs in 2018 . Royal bank of scotland group forecasts to make profit in full year 2018 . Royal bank of scotland group 2016 cet ratio 13.4 percent . Royal bank of scotland group 2016 24 billion stg net lending to uk consumers and businesses .Royal bank of scotland group takes 825 million stg of disposal costs.

Sichuan Lutianhua in discussion of debt-to-equity swap deals

Thursday, 23 Feb 2017 09:03pm EST

Sichuan Lutianhua Co Ltd <000912.SZ> : Says it is in discussion with Bank of China, Agricultural Bank of China Ltd and local authorities of SASAC regarding debt-to-equity swap deals . Says it and units' total debts at about 6.0 billion yuan ($873.03 million) at end of 2016 .Says share trade remains suspended.

Vestjysk Bank Q4 net profit up at 54 million crowns

Thursday, 23 Feb 2017 03:08am EST

Vestjysk Bank A/S : Q4 net interest income 153 million Danish crowns ($22 million)versus 168 million crowns year ago . Q4 loan losses 90 million crowns versus 118 million crowns year ago . Q4 net profit 54 million crowns versus 15 million crowns year ago . 2016 profit after tax of 80 million crowns (2015: 49 million crowns) . In 2017 total business volume is expected to have capacity to generate core earnings before impairment at around 400 million-450 million crowns . Lower impairment losses are expected in 2017 .Expects that impairment losses can be absorbed by bank's core earnings, resulting in a significant improvement of its consolidation in 2017.

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