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Old 11-14-2008, 10:43 AM   #5
Steve_A
Project Avalon Moderator
 
Join Date: Sep 2008
Location: Northeastern Brazil
Posts: 1,259
Default Re: Bank executives enjoy SECRET £300,000 champagne party... just weeks after £20bn '

Hi Antaletriangle,

I think this sort of behaviour terrible also.

if the account holders at te RBS really wanted to protest, they should just withdraw all of their savings from the bank for one week.

That should put a stick in the spokes.

Where as all the integrity gone?

Best regards,

Steve


Quote:
Originally Posted by Antaletriangle View Post
After my original posting of this concerning a "slap up mrs.miggins' party" i wonder if this was their discussion while they laughed and became intoxicated?
November 14th.
http://www.sharecast.com/cgi-bin/sha...ory_id=2457585
RBS to sack 3,000 worldwide,
LONDON (SHARECAST) - Royal Bank of Scotland (RBS) is set to fire as many as 3,000 of its global worldwide over the next few weeks as it struggles to cope with tougher economic conditions.

About 1,000 jobs are expected to go in the UK, according to reports today, with staff at risk across the firm’s global banking and markets unit in more than 50 countries.

The high street branches, including NatWest, are thought to be unaffected.

Royal Bank, which employs 170,000 people, of which about 100,000 are in the UK, has already predicted its first ever full year loss and wants £20bn from the British government’s bank bail-out plan.

The news comes just a day after BT announced it planned to shed 10,000 jobs by the end of the current financial year.

The job losses, part of ongoing efficiency programmes, will mostly impact the telecoms giant's indirect labour, including agency, contractors, subcontractors and offshore workers, said the company. With 4,000 jobs already gone, another 6,000 will disappear by the end of March.
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