RBS shares slide – but this isn’t a buying opportunity

After announcing an £8bn loss, RBS's share price has taken a beating. However, as Ed Bowsher explains, that doesn’t mean the bank is worth buying.

14-02-27-RBS

CEO Ross McEwan: following the right strategy

Shares in Royal Bank of Scotland (LSE: RBS) have fallen 8% today after the troubled bank announced its largest pre-tax loss since the crisis in 2008 a truly massive £8.2bn. That's up from £5.2bn in 2012.

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Ed Bowsher

Ed has been a private investor since the mid-90s and has worked as a financial journalist since 2000. He's been employed by several investment websites including Citywire, breakingviews and The Motley Fool, where he was UK editor.

 

Ed mainly invests in technology shares, pharmaceuticals and smaller companies. He's also a big fan of investment trusts.

 

Away from work, Ed is a keen theatre goer and loves all things Canadian.

 

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