Bank shares show signs of recovery
Royal Bank of Scotland shares have risen 17% this morning, despite having plunged 67% on Monday.
Yesterday the bank predicted a record loss of £28bn for 2008, which it is expected to report next month. It has lead to speculation that the sale of its insurance division could become increasingly likely.
Other shares in the banking sector also rose in early trading following big falls on Monday.
Lloyds Banking Group shares were up around 1.6% in early trading on Tuesday. Its shares fell 34% on the first day after it completed the acquisition of HBOS.
Barclays shares also rose around 7%.
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.
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