CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider (Saxo Bank). You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money.
RBS has undoubtedly experienced a tough time since 2008. Back in 2008 RBS for a period had the world’s largest balance sheet.
RBS called time on its global strategy selling US based Citizens Bank in 2015
The EU referendum hit the UK banks for six as markets started pricing in lower interest rates which would hit banks interest income. A further concern is a more cautious UK property market and weaker credit demand.
Does RBS large discount to tangible net assets sufficiently address these issues?