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TheBusinessDesk.tv: Stephen Hester on RBS results

3rd August 2012

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Stephen Hester, group chief executive of RBS

Stephen Hester, group chief executive of RBS

ROYAL Bank of Scotland believes its computer problems could end up costing £125m.

The company, which is 82% owned by the taxpayer, revealed the figure today as it posted a pre-tax loss of £1.5bn for the first half.

RBS customers experienced significant problems accessing their accounts when a software upgrade went wrong in June.

The company has promised to compens......for the full story register now for free or login below...


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