Markets News Friday: Ulster Bank reports operating losses of £314m sterling in H1 2010; Focus of markets today is on US jobs data
Aug 6th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Markets news on stocks, currencies and commodities; Ulster Bank, which is owned by the UK government controlled Royal Bank of Scotland group, today reported operating losses of £314m sterling (€361m) for the six months to the end of June. This compares to a loss of £8m the same time last year and the bank said it represented a "significant deterioration" in its financial performance. Meanwhile the focus of markets today is on US jobs data.