Fred Goodwin Quotations

I would agree with most of the concerns, ... Anyone looking at that arena would come to these conclusions and have these concerns very quickly. We wouldn't be doing something unless we had all the concerns addressed.

It has always been our plan to be capital generative beyond the development needs of the business, and today represents an important milestone in that ambition.

We haven't run out of ambition or growth. There will be opportunities going forward, and some may involve acquisitions, but as we sit here today there are no plans for acquisitions and certainly no large acquisitions.

The deal we have announced, from Royal Bank's perspective, is low risk,

This unlocks a huge range of opportunity for us,

We are very much looking rather than leaping,

We have enjoyed excellent working relationships with CGNU and can see further possibilities for future cooperation.

Our aim in Europe is to grow organically. We're not considering any acquisitions.

It's a very well-established business with significant distribution channels. Our ability to tap into those remains to be seen, but having a partner of this quality and scale gives us access to China that would be inconceivable without the partnership.

In making this adjustment we're doing so on the basis that we'd like our payout ratio to begin with a 4 rather than a 3.

In making this adjustment, we're doing so on the basis that we'd like our payout ratio to begin with a 4 rather than a 3.

Clear leadership and support for our frontline staff is of critical importance to the future growth and development of the Group.

The Mellon transaction is a logical and low-risk extension of the Citizens franchise which is not only a good deal in its own right, but opens a range of additional options for us,