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RBS is a net loss of ￡ 1. 15bn within three months at the end of September, after a load of 825 million from ￡ of active protection scheme of the Government, which provides bank debt.

Loss followed a small profit in the second quarter and declined by sharing RBS 4 5pc 45 percent, despite the financial performance of the Bank coming ahead of market expectations.

Global banking and markets, investment banking arm of RBS, reported an increase in the ratio of compensation to 40pc in 35pc, in the same period last year and 32pc, in the second quarter.

Stephen Hester, Chief Executive of RBS, said the rise in the report, which reflects the amount of money set aside for pay premiums, has not indicated how the Bank would actually pay for the staff at the end of the year.

Global GBM personnel expenses decreased by 716 million from ￡ in the third quarter of 2009 to 621 million to ￡ this year.

Joe Dickerson, noble, said running the latest results show RBS Bank analyst was clearly "delivering" on its objectives, but maintains its "sell" recommendation on action.

"In the next 12 months, we feel difficult for RBS to trade above its tangible book value 51.8 percent at hand, is probably not earn a rate of return on its cost of capital for two years", said M. Dickerson.

Mr. Hester said balance CSR assessments could be "volatile and may sometimes obscure our underlying story."

"As we focus on better serving customers, profitability is also improving and rebalance toward a more sustainable mix of contributions from the company," he said.

Mr. Hester, as other banking services, senior management has been critical of some recent political actions of the Government, he warned could adversely affect the competitiveness of the UK financial sector.

Specifically, it focused on the new fee Bank, he said should not become a permanent and emphasized tax could have unexpected consequences that banks would get taxed take deposits of small businesses.

Overall, Mr. Hester said he was optimistic about the economy and said that have seen no evidence of a double dip recession, but he admitted that some firms had a torrid time. "

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