Moody's: RBS's recently announced additional cost cuts are positive for bondholders, improving efficiency, profitability and shock absorbing capacity
Announcement: Moody's: RBS's recently announced additional cost cuts are positive for bondholders, improving efficiency, profitability and shock absorbing capacity. Global Credit Research- 22 Mar 2017. London, 22 March 2017-- The Royal Bank of Scotland Group plc's recently announced GBP2 billion of new cost cuts and other measures would be positive for bondholders if achieved, as its efficiency and profitability would improve and its ability to absorb shocks would increase,...
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