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Member Info for jings100

Member Since: Wed, 28th Jul 2010

Number of Share Chat Posts (all time): 7,366
Number of Share Chat Posts (last 30 days): 49

Last Posted: Tue 22:10

Post Distribution over the last 30 days

Tue 22:10

Given some of your recent posts , I'll take that comment to be tongue in cheek , lol. I'm merely quoting sharecast news , any suffering which may or may not occur will be down to the actions of the senior management in RBS . If the bank is sincere in it's objectives then it really cannot condone this sort of nonsense and the more it's brought out into the open , the better IMHO . Andrew Tyrie was spot on with his comments . don't really think this sort of behaviour is acceptable , do you .
Tue 20:10

Senior executives at Royal Bank of Scotland (RBS) have been accused by MP Andrew Tyrie of making a "belated U-turn" on evidence given to the Treasury on allegations about the way the bank treats its small businesses.

The GRG unit is under investigation for allegedly putting viable small businesses into default so that the bank could take their properties and sell them for a profit.

The allegations were made in a report by government adviser Lawrence Tomlinson.

In giving evidence, RBS denied that GRG was a profit centre.

However, Sullivan, who is leaving the state-backed bank next year, has now said he needed to "correct the statement he made to the Committee", agreeing that GRG was profit centre.

"If this is how RBS deals with a parliamentary Committee, how much can customers and regulators rely on it to be straightforward with them?" Tyrie said in a statement, according to The Telegraph. "I will be writing to the Chairman of RBS about this, and the Committee will report on it after the summer."

He added: "Following the Committee's decision to write to Sir Andrew Large for clarification, RBS has now offered the Committee what it euphemistically describes as 'additional comments'. In fact, they have done a belated U-turn. It's not as if the facts have changed. So it now appears that RBS has been wilfully obtuse with the Committee

Wilfully obtuse, lol .....another way of saying economical with the truth or in plain English , lying .. ....when will they ever learn . "
Mon 22:56

Not sure Carney can afford to increase rates anytime soon , wage growth still trailing profits .
Mon 22:49

The Russian economy seems to be fairly weak at the moment , not sure it could afford to do without European gas revenues . Bit of a double edged sword situation methinks . Hopefully it won't come to that .

As you say there seem to be conflicts in many parts of the world at the moment , Middle East , Africa , Ukraine , with nothing much being resolved. So,so sad. Politics , religion got a lot to answer for .'
Mon 15:20

Australia's turn to take a little bite out of RBS . Compared to the US , bit like being bitten by a Piranha as opposed to a Great White . Still damaging both financially and to reputation . Could do without this sort of bad press cropping up on such a regular basis .

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