Ross McEwan
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RBS boss: £8.2bn losses 'sobering'

Royal Bank of Scotland (RBS) chief executive Ross McEwan discusses the bank's 2013 results and plans for the future.

Royal Bank of Scotland (RBS) has reported a pre-tax loss for 2013 of £8.2bn.

The bank's chief executive Ross McEwan told the Today programme that the results were "very sobering".

Mr McEwan also outlined plans to begin "simplifying" the bank's operations and "rebuild the trust" of its customers by "refocusing" on the UK.

First broadcast on BBC Radio 4's Today programme on Thursday 27 February.