RBS has benefited from “buoyant” corporate banking activity in its key markets since the turn of the year, its chairman told the FT on Tuesday. Sir Philip Hampton also flagged other “positives” in 2009 for RBS, which was part-nationalised after its near-collapse last year, including increased business from the rise in corporate debt issuance and equity underwriting. His disclosure follows Barclays, its UK rival, which this week announced it had enjoyed a “strong start” to the year. Citigroup and Bank of America have also recently issued positive trading statements for 2009.

This entry was posted by Gwen Robinson on Wednesday, March 18th, 2009 at 5:05 and is filed under Capital markets. Tagged with rbs. Edit this entry.