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James Bevan on cybersecurity, banks and the housing market Watch here

James Bevan on cybersecurity, banks and the housing market


Royal Bank of Scotland Share Chat (RBS)



Share Price: 264.90Bid: 264.90Ask: 265.20Change: 3.30 (+1.26%)Riser - Royal Bank Scot
Spread: 0.30Spread as %: 0.11%Open: 261.20High: 267.90Low: 260.40Yesterday’s Close: 261.60


Share Discussion for Royal Bank of Scotland


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JiffyBag
Posts: 496
Off Topic
Opinion:No Opinion
Price:264.90
RE: Jiffy
Today 19:22
Thanks M1

I agree, IMO all shareholders who were duped by the RBS BOD re theSBN Avro fiasco should I believe be entitled to compensation irrespective of whether the matter has been partially settled out of court. Settling out of court by RBS validates that.
 
TrickyNic
Posts: 1,234
Off Topic
Opinion:No Opinion
Price:264.90
I Was
Today 19:11
The Customer Account Manager for RBS through RR Donneley for two years, visited both offices numerous times. RBS spent millions on posting their crap letters out, all went 1st class standard tariff, took me two years to try and persuade them that we could sort the mail into streams and the few next day delivery letters they had could still be delivered 1st class. They had to get sign off from all the different stake holders, Lombard, Natwest, Direct line, Coutts, etc, etc they wasted so much money
M1k3y
Posts: 1,295
Answer
Opinion:No Opinion
Price:264.90
Jiffy
Today 18:55
Of course, IF the case proceeds, It may be that new information could be brought to light, that might present other opportunities for claims ?
Lots of if's and maybe's though.
M1k3y
Posts: 1,295
Answer
Opinion:No Opinion
Price:264.90
RE: RE: IF
Today 18:52
Jiffy,
I think MrBubbles post below explains it .
MrBubbles
Posts: 172
Off Topic
Opinion:No Opinion
Price:264.90
RE: RE: IF
Today 18:49
Jiffy unless you are part of the action groups you would have to take RBS to court yourself ......RBS have already spent 100million on their defense .....how could you on your own challenge them .
TrickyNic
Posts: 1,234
Answer
Opinion:No Opinion
Price:264.90
Why
Today 18:40
Would you make the share price go from 20p to £2 pound a share, were they mad, no way would I know buy any if these shares at that price....
JiffyBag
Posts: 496
Off Topic
Opinion:No Opinion
Price:264.90
RE: RE: IF
Today 18:35
M1

Forgive me for butting into your thread, but as an ex shareholder of RBS who lost out and didn't take part in a class action, you seem to be suggesting that holders like myself have no chance of recompense?

Is that correct?
M1k3y
Posts: 1,295
Answer
Opinion:No Opinion
Price:264.90
RE: IF
Today 18:28
TrickyNic, I have no doubt
You and many many others who may yet have their opportunity to divulge all in the courts.
Unfortunately , it is all out of our hands and , as usual , it is the bigger players who will decide the future.
Rightly or wrongly .
TrickyNic
Posts: 1,234
Answer
Opinion:No Opinion
Price:264.90
RE: IF
Today 18:26
M1K3y trust me I could tell you some stories about RBS and how they wasted our money.....
M1k3y
Posts: 1,295
Off Topic
Opinion:No Opinion
Price:264.90
IF
Today 18:22
Unfortunately TrickyNic, unless there is a Court case and a subsequent ruling to prove they were in the wrong, no one will be compensated.

Settlements are designed to prevent rulings being made in Court cases.




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