EDINBURGH (dpa-AFX) - Royal Bank Of Scotland Group plc's (RBS.L, RBS) fourth-quarter 2011 pre-tax loss widened significantly to 1.98 billion pounds from year-ago quarter's 8.0 million pounds. However, quarterly loss attributable to ordinary and B shareholders was 1.80 billion pounds, as against a profit of 12 million pounds last year.
Basic loss per ordinary and B share amounted to 1.7 pence for the latest quarter, the company noted.
Core total income, excluding reverse repurchase agreements and stock borrowing, dropped to 5.62 billion pounds from 7.46 billion pounds a year earlier.
Separately, the company announced that John McFarlane would step down as a Non-executive Director on March 31, 2012, as a regulatory condition of his impending appointment at Aviva.
Copyright RTT News/dpa-AFX
