UK Stocks-Factors to watch on Feb 21

viernes 21 de febrero de 2014 02:58 GYT

LONDON Feb 21 (Reuters) - Britain's FTSE 100 index is seen opening up 24-37 points, or as much as 0.5 percent higher, on Friday, according to financial bookmakers.

* The UK benchmark edged up 16.28 points, up 0.2 percent, to 6,812.99 points on Thursday, taking its rally since an early February low to around 6 percent.

This leaves the index about 1 percent shy of a peak hit in late January, before political and economic concerns in emerging markets took their toll on equities.

* ROYAL BANK OF SCOTLAND : RBS is expected to announce its withdrawal from many investment banking activities as well as much of its international business in a move that is expected to reduce staff numbers by at least 30,000 over the next three to five years, the Financial Times reported.

* BARCLAYS : Citigroup Inc has settled a lawsuit against Barclays Plc in which it sought to recover more than $141 million for providing foreign exchange services to a unit of Lehman Brothers Holdings Inc during the 2008 financial crisis.