Fred Goodwin, Royal Bank of Scotland Group chief executive, said the bank was looking for further acquisitions, but would consider returning surplus capital to shareholders if nothing appropriate was found.
Goodwin said: "There is a lot of scope for acquisitions." But he added that the group would not overpay for an acquisition, as it does not depend on deals to sustain its future earnings.
His statement comes after the Royal Bank of Scotland posted full year results showing an 11% rise in pretax profit to £7.151bn.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
