RBS published quarterly results for the first time in April into a market that, comparatively at least, was erring towards exuberance in the midst of enduring economic storms. Strong wholesale performances in the first quarter from a range of institutions boosted a sector in need of good news. In our discussions with investors, analysts and the media I have been at pains to "ca’canny", to borrow a Scottish phrase, at least as it relates to banks. ...
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