Royal Bank of Scotland Group Plc, Britain’s largest taxpayer-owned lender, posted a seventh straight annual loss after writing down its U.S. unit and forecast higher restructuring costs as it shrinks its investment bank.
By Richard Partington Bloomberg News
Home sales in January decreased nearly 2 percent compared with the prior year period, according to The Warren Group, publisher of Banker & Tradesman. The decline marked the first time sales decreased year over year since September.
Rhode Island’s largest utility company National Grid projects energy efficiency programs installed during 2014 could save about 3.3 million megawatt hours of electricity and 58 therms of natural gas in the next 10 to 13 years, according to an initial report.