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Bloomberg

RBS Posts 2 Billion-Pound Full-Year Loss, Wider than Estimates

February 23, 2012, 3:23 AM EST

By Gavin Finch

Feb. 23 (Bloomberg) -- Royal Bank of Scotland Group Plc said its full-year net loss widened to 2 billion pounds in 2011 from 1.1 billion pounds in the year-earlier period.

That missed the 1.1 billion-pound median estimate of 11 analysts surveyed by Bloomberg. The pretax loss was 766 million pounds, the company said in a statement today.

To contact the reporter on this story: Gavin Finch in London at gfinch@bloomberg.net

To contact the editor responsible for this story: Edward Evans at eevans3@bloomberg.net

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