{"id":19918,"date":"2018-10-26T16:23:33","date_gmt":"2018-10-26T16:23:33","guid":{"rendered":"http:\/\/qatar-news.org\/qatarnewsEn\/?p=19918"},"modified":"2018-10-26T16:23:33","modified_gmt":"2018-10-26T16:23:33","slug":"british-bank-takes-125-million-hit-from-brexit-risks","status":"publish","type":"post","link":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=19918","title":{"rendered":"British bank takes $125 million hit from Brexit risks"},"content":{"rendered":"<p class=\"zn-body__paragraph speakable\"><cite class=\"el-editorial-source\">London (CNN Business)<\/cite>Royal Bank of Scotland has taken a \u00a3100 million earnings hit over Brexit, making it the first major lender to acknowledge costs related to the divorce.<\/p>\n<div class=\"zn-body__paragraph speakable\">The bank said Friday that it took action because of the &#8220;<a href=\"https:\/\/money.cnn.com\/2018\/09\/20\/news\/economy\/brexit-blind-uncertainty\/index.html\">more uncertain economic outlook<\/a>.&#8221; Analysts said the move was designed to account for loans that may go bad following <a href=\"https:\/\/edition.cnn.com\/2018\/10\/25\/economy\/eurozone-growth-trade-war\/index.html\">Brexit<\/a>. <\/div>\n<div class=\"zn-body__paragraph speakable\">&#8220;The risk of a disorderly Brexit has increased. We are not where we had wanted to be as a nation at this stage of the year,&#8221; Katie Murray, the bank&#8217;s interim chief financial officer, said during a conference call with investors.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>London (CNN Business)Royal Bank of Scotland has taken a \u00a3100 million earnings hit over Brexit, making it the first major lender to acknowledge costs related to the divorce.The bank said Friday that it took action because of the &#8220;more uncertain economic outlook.&#8221; Analysts said the move was designed to account for loans that may go&hellip;<\/p>\n","protected":false},"author":10,"featured_media":19919,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-19918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world_news"],"_links":{"self":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/19918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19918"}],"version-history":[{"count":0,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/19918\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/media\/19919"}],"wp:attachment":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}