RBS Says Ross McEwan Has Resigned From Role as CEO

The video discusses the unexpected developments at RBS, highlighting achievements such as capital and litigation management. It explores potential succession plans, emphasizing the likelihood of internal promotions due to the bank's UK focus. The discussion shifts to future growth strategies, stressing the need for RBS to expand its market share in mortgages and credit cards while maintaining a cautious approach.

What has been a significant factor in the current 'wait and see' investment scenario for RBS?

• Technological advancements

• Brexit dependencies

• The global economic downturn

• Increased competition

What is a key focus for the new leadership at RBS according to the succession plan?

• Enhancing digital banking services

• Stripping costs out of NatWest markets

• Expanding into international markets

• Increasing the number of branches

Why is an internal candidate likely to be chosen for RBS's leadership?

• To implement new technological solutions

• To bring in fresh perspectives from outside

• Because of the bank's domestic UK focus

• Due to the bank's focus on international expansion

What is one of the growth areas mentioned for RBS?

• Increasing mortgage market share

• Reducing the number of branches

• Expanding into Asia

• Developing new financial products

What is a challenge RBS faces despite having a strong capital position?

• Very little growth

• Poor customer service

• High employee turnover

• Lack of technological infrastructure