Dear Gordon
you recall there was a little bit of a problem with that Building Society a while back that turned out to be worse than we all »»
Filed under: Business, Politicians | Bank loans, Bank of England, Bonus Culture, Financial Services Authority, Fred Goodwin, Freedom of Information Act, Gordon Brown, Investment banking, quantitative easing, Vince Cable|1 Comment
The RBS Board appear to have learnt nothing and are keen to review their perks once again.
In early May RBS reported a loss of £895 million for the first quarter, which compares to a profit of £245 million a year earlier.
Stephen Hester said of the results and the likely time scale of RBS returning to profit:
‘…It’s not really in our hands, it’s in the hands of the economy and what it does to our loan books,…’
Filed under: Business | Bonus Culture, Brian Hartzer, CEO RBS, Fred Goodwin, FSA, Gordon Pell, RBS, Royal Bank of Scotland Group, Sir Philip Hampton, Stephen Hester|2 Comments