Britain's bailed-out Royal Bank of Scotland rebounded into a slender first-quarter profit, it said Friday, but the year-earlier loss was skewed by a huge exceptional payment back to the government.
Profit after taxation stood at £259 million ($334 million, 305 million euros) in the first three months of 2016, RBS said in a statement. That contrasted with a net loss of £968 million in the same part of 2016.