Royal Bank of Scotland Director Tony Di Iorio has today bought a total of 300,000 shares in the bank for a total sum of £2,032,560.
On November 4th the bank announced that it had made a profit before tax of £2,004m in the third quarter of 2011, compared to a £1,560m loss at the same point in 2010.
Nomura said that there were "no negative surprises" and the figures came broadly in line with its forecasts. "The strengthening of the balance sheet has continued. Against the currently volatile operating environment this may prompt some positive relief," the broker said.
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The operating profit figure, which strips out balance sheet adjustments on the value of debt, was £267m for the quarter, down a whopping 63% on the same period last year. It was also down on analysts' consensus of £343m. The bank's Chief Executive Stephen Hester admitted that the picture is "mixed".
Shares of RBS closed down today by 0.6% to 21.1p.
Royal Bank of Scotland Group (RBS)
Director name: Mr Tony Di Iorio
Amount purchased: 203,800 @ 677.00p
Value: £1,379,726
Royal Bank of Scotland Group (RBS)
Director name: Mr Tony Di Iorio
Amount purchased: 72,200 @ 679.00p
Value: £490,238
Royal Bank of Scotland Group (RBS)
Director name: Mr Tony Di Iorio
Amount purchased: 12,000 @ 678.00p
Value: £81,360
Royal Bank of Scotland Group (RBS)
Director name: Mr Tony Di Iorio
Amount purchased: 12,000 @ 676.97p
Value: £81,236
Top Director Sells
Wood Group (John) (WG.)
Director name: Mr Les Thomas
Amount sold: 200,000 @ 650.25p
Value: £1,300,500
Burberry Group (BRBY)
Director name: Ms Stacey Cartwright
Amount sold: 80,002 @ 1,351.81p
Value: £1,081,475
Michael Page International (MPI)
Director name: Mr Charles-Henri Dumon
Amount sold: 100,000 @ 365.00p
Value: £365,000
Michael Page International (MPI)
Director name: Mr Charles-Henri Dumon
Amount sold: 30,000 @ 369.00p
Value: £110,700
AB
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