大象传媒

Ahead of the RBS results, financial analyst Louise Cooper told 大象传媒 5 live Breakfast the figures will tell a story of "horror, past greed, incompetence and corruption under Sir Fred Goodwin."

In this 90-second summary, the Royal Bank of Scotland has reported its sixth annual loss since it was rescued by the UK government in 2008, with a pre-tax loss of 拢8.2bn in 2013.

Excluding bad bank and legacy costs, RBS made an operating profit of 拢2.5bn. RBS' bonus pool is down to 拢576m, a drop of 15% on last year, when 拢679m was paid out. Of that sum, 拢237m will be paid to investment bankers.