RBS Has a While Longer Under British Taxpayers: Gadfly

The video discusses the challenges faced by RBS in 2017, including unresolved litigation and financial losses, and the impact on UK taxpayers. It explores the broader context of European banks struggling with low earnings and potential solutions like consolidation. The role of RBS in European mergers and the influence of Brexit are considered. The video also highlights consolidation trends in the Italian banking sector, with examples like Monte Passkey and UniCredit.

What major issues did the bank face in 2017?

How has the UK taxpayer been affected by RBS's financial situation?

What potential solutions were discussed regarding the consolidation of European banks?

What are the implications of low interest rates on the banking sector according to the discussion?

What role does Brexit play in the potential consolidation of banks in the UK?