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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  The Royal Bank of Scotland Group plc    RBS   GB00B7T77214

THE ROYAL BANK OF SCOTLAND GROUP PLC

(RBS)
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Royal Bank of Scotland : ignificant majority' of RBS staff home-workers to remain in place until September - memo

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05/21/2020 | 07:41am EDT
The logo of Royal Bank of Scotland is seen at office building in Zurich

Royal Bank of Scotland Chief Executive Alison Rose said on Thursday a "significant majority" of more than 50,000 staff working from home since the coronavirus lockdown would continue to do so until September, according to a memo seen by Reuters.

The state-backed bank said around 400 staff unable to work from home will be asked to return to offices and call centres next month, the memo said.

Protections for staff returning to office include a limit of two people per lift, thermal imaging, temperature checks and one-way systems in corridors.

RBS has also temporarily banned hot-desking and said it would place at least one empty desk in between people to ensure social distancing.

Since lockdown started, around 10,000 staff have continued to work in branches and some offices. About 95% of branches have remained open.

(Reporting By Iain Withers and Sinead Cruise, editing by Kirstin Ridley)

Stocks mentioned in the article
ChangeLast1st jan.
ONE STOP SYSTEMS, INC. -4.20% 2.28 Delayed Quote.12.87%
THE ROYAL BANK OF SCOTLAND GROUP PLC -1.06% 121.25 Delayed Quote.-49.54%
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Financials
Sales 2020 10 955 M 13 763 M 13 763 M
Net income 2020 -496 M -623 M -623 M
Net Debt 2020 - - -
P/E ratio 2020 -27,7x
Yield 2020 3,20%
Capitalization 14 681 M 18 400 M 18 444 M
EV / Sales 2019
Capi. / Sales 2020 1,34x
Nbr of Employees 63 200
Free-Float 38,0%
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Technical analysis trends THE ROYAL BANK OF SCOTLAND
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TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 153,33 GBX
Last Close Price 121,25 GBX
Spread / Highest target 232%
Spread / Average Target 26,5%
Spread / Lowest Target -31,4%
EPS Revisions
Managers
NameTitle
Alison Marie Rose-Slade Chief Executive Officer & Director
Howard John Davies Chairman
Katie Murray Chief Financial Officer & Executive Director
Sheila Valerie Noakes Independent Non-Executive Director
Robert Andrew Joseph Gillespie Independent Non-Executive Director
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