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RBS doubles operating profit to £1.5bn in Q1

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RBS reports a pre-tax profit of £1,642 million for Q1 2014, up from £826 million in Q1 2013. Operating profit(1) for the quarter was £1,501 million, up from £747 million in Q1 2013: Operating profit in the retail and commercial banking businesses(2) was up 36% to £1,373 million, driven by…

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Source: RBS

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