In the UK, Royal Bank of Scotland is continuing to feel the backlash over a ‘technical glitch’ which affected hundreds of thousands of RBS and Natwest customer transactions. This is not the first time in recent years that customers have been affected by computer issues; a similar situation in 2012left customers stranded. RBS’s share price is currently down by around 1.21% at 343.40.

Meanwhile, European Indices are down this morning, as Greece draws closer to becoming the first country to ever default on the International Monetary Fund.  With only 13 days left before Greece assumed this ignominious position, there is little indication that either side is prepared to give much ground. The DAX is currently down by around 1%, while the CAC is down by around 1.86%.

Over in the US, fitness tech company Fitbit is due to make its debut on the New York Stock Exchange today; the company has priced its IPO at $20 a share – above its original price range -  giving it a market valuation of more than $4 billion.

 

 

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