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RBS to lose 9000 more staff

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Would any of these staff going or the almost 3000 already gone now like to grass up the bank for the dodgy tactics they used to ramp up bank charges or anything else for that matter? So far it seem… Read More
ibiza Avatar
8y, 2w agoPosted 8 years, 2 weeks ago
Would any of these staff going or the almost 3000 already gone now like to grass up the bank for the dodgy tactics they used to ramp up bank charges or anything else for that matter?

So far it seems Greasy Goodwin gave false details regarding his directorship - which subsequently have been confirmed - but not passed to any newspaper yet.

DYING FOR MORE INFO FROM ANY BANK STAFF
ibiza Avatar
8y, 2w agoPosted 8 years, 2 weeks ago
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#1
#2
I'm thinking I should go withdraw my money from my RBS account lol.
#3
AshleyRFC
I'm thinking I should go withdraw my money from my RBS account lol.


I still owe them £1,000 from my student days :-D
#4
Toybhoy
I still owe them £1,000 from my student days :-D


It's your fault they're going bust.
1 Like #5
What I find so difficult to believe in all this is that Freddie was incompetent to the nth degree when it came to doing his job, but super competent when it came to feathering his own nest. I can't really understand why there are these two extremes.
#6
WoolyM
What I find so difficult to believe in all this is that Freddie was incompetent to the nth degree when it came to doing his job, but super competent when it came to feathering his own nest. I can't really understand why there are these two extremes.


Yes - it was quite surprising.

Normally that type of incompetence is normally only found in unanswerable edifices such as government.

PS - I owe you rep - but its saying its too soon to give you it.
#7
Toybhoy
I still owe them £1,000 from my student days :-D


I probably shouldn't post my reply to this. =op
#8
God - even here its a Rangers and Celtic thing!!!! :-D :-D :-D
#9
Come on - there must be some disgruntled bankers looking at P45s and wanting to spill the beans.
#10
ibiza
Yes - it was quite surprising.

Normally that type of incompetence is normally only found in unanswerable edifices such as government.

PS - I owe you rep - but its saying its too soon to give you it.


Thing is RBS was the loser but there are always gainers. Who won at RBS's expense. Were there any links that should be investigated?
As I said I find it hard to fully accept current version of events when he has walked with such an enormous package.

Got rep Thx.
#11
WoolyM
Thing is RBS was the loser but there are always gainers. Who won at RBS's expense. Were there any links that should be investigated?
As I said I find it hard to fully accept current version of events when he has walked with such an enormous package.

Got rep Thx.


The winners were the American banks who sold the bad loans than our banks then hoovered up.

The people of the UK now (even more) have the largest government debt per capita on the planet.
#12
i work for the bank and the first i heard of job losses is by newspapers so in regards to spilling the beans we are the last to know whats going on
#13
louise.123
i work for the bank and the first i heard of job losses is by newspapers so in regards to spilling the beans we are the last to know whats going on



I meant more from a perspective of sleazy practice.

Such as the banks fought the charges case - yet paid every single person who submitted a claim to the FSA to prevent it ever letting them investigate.

There also seemed to be many examples on a TV programme where Barclays staff spilled the beans, saying wealthy customers would be refunded immediately - while poorer ones would generally just be ignored until letters arrived.

Additionally there were claims that the banks were also ignoring or delaying customers instructions to create fees, if there was no way of substantiating the instruction (such as telephone banking).

I had a run in with my bank - as they changed my billing date on my credit card - and never sent a letter - but added one line in tiny print to my bill mentioning this. The result was my standing order to them was then two days late - which initially went unnoticed.

Far worse than this they did the same to my other half's brother who is partially sighted - this resulted in a four figure fee bill - and meant his credit rating was so badly damaged by effectively "never paying on time" that he could no longer get a mobile phone contract - which with his condition he relies upon heavily.

So it was that type of thing I was looking for.

Both of us banked with Barclays.
#14
So everyone loves their old employers?
#15
louise.123
i work for the bank and the first i heard of job losses is by newspapers so in regards to spilling the beans we are the last to know whats going on


Do you know when people are going to start getting paid off? A guy from my local branch called today offering me an ISA, and he seemed alright, so I'd be happy for him to score the sales comission on the ISA if there is any. Is there any? He's going to be calling back a week on monday, but I'll call him myself tomorrow if the poor ****** might get a few more pennies to see him through his unemployment period if he's likely to lose his job.
#16
ibiza
So everyone loves their old employers?


Theres an increasing move these days for many employers to attach a gagging clause to any final settlement figure they may 'release' staff with. With that in mind anyone considering saying anything would need some certainty that they could remain annonymous.
#17
WoolyM
Theres an increasing move these days for many employers to attach a gagging clause to any final settlement figure they may 'release' staff with. With that in mind anyone considering saying anything would need some certainty that they could remain annonymous.


There is also freedom of exression contained within the Human Rights Act - and you cannot contract out of statute. However - I recently saw a pay off contract that included a gagging clause - and the weird thing was it was for a public employee.
#18
ibiza
There is also freedom of exression contained within the Human Rights Act - and you cannot contract out of statute. However - I recently saw a pay off contract that included a gagging clause - and the weird thing was it was for a public employee.


see... compromise agreements
#19
Fred was an excellent CEO until he had a spat with Barclays to try and win the ABM Amro bidding war.

RBS won and lost bigtime
Barclays lost and didn't need government funding.

RBS problem was not Fred, it was the fact that non of the board would stand up to him.
Fred did a great job of engineering various take overs taking RBS from a tiny scotish operation to the 5th largest bank in the world with profits @ £8B PA.


ABN AMro was fred downfall, don't get me wrong i think the blokes a konb but would you give back a £720k a year pension?????


The crazy thing is looking at the RBS annual accoutns is that their retial and commercial arm made aprox £7b profit and was only 3% down on the previous year, that means about 200/300 people in London lost over £30b pounds and the people who made profits in the bank will lose their jobs....sh1t ain't it?????
#20
Thing is 9000 RBS jobs to go. But other companies do business with RBS and there will be knock on effects so number losing jobs overall will be higher than that. Even if not all are RBS
#21
How the French do redundancy. I say bring back Freddie and they can have some fun

http://www.france24.com/en/20090416-sacked-french-workers-fresh-bossnapping

Sacked French workers in fresh 'bossnapping'
Workers at a French logistics firm on Thursday detained five managers to try to force the company to improve their redundancy package.

In the latest outbreak of the "bossnapping" wave that has swept across France in recent weeks, dozens of workers at FM Logistic in the northeastern town of Woippy were holding their superiors in a company meeting room.

"Judging the (redundancy) measures insufficient, around 125 workers decided to apply pressure" by blocking the door of the meeting room, said Bruno Damien of the CFE-CGC trade union.

FM Logistic is planning to move some of its activities to Malaysia by 2010, which will mean the loss of 489 jobs at Woippy and the closure of the site.

The management said the executives were not being held hostage, and were being allowed to visit the bathroom and eat.

A number of managers in France have been held hostage overnight by workers in recent weeks over planned job cuts. In each case, they have been released unharmed, often after a promise to restart negotiations.

The country's main lobby for small business last week urged President Nicolas Sarkozy to take action to put an end to such "bossnappings."

Polls show that up to half of French people believe workers are justified in taking executives captive to seek better redundancy packages during the economic crisis.
#22
ibiza
I meant more from a perspective of sleazy practice.

Such as the banks fought the charges case - yet paid every single person who submitted a claim to the FSA to prevent it ever letting them investigate.

There also seemed to be many examples on a TV programme where Barclays staff spilled the beans, saying wealthy customers would be refunded immediately - while poorer ones would generally just be ignored until letters arrived.

Additionally there were claims that the banks were also ignoring or delaying customers instructions to create fees, if there was no way of substantiating the instruction (such as telephone banking).

I had a run in with my bank - as they changed my billing date on my credit card - and never sent a letter - but added one line in tiny print to my bill mentioning this. The result was my standing order to them was then two days late - which initially went unnoticed.

Far worse than this they did the same to my other half's brother who is partially sighted - this resulted in a four figure fee bill - and meant his credit rating was so badly damaged by effectively "never paying on time" that he could no longer get a mobile phone contract - which with his condition he relies upon heavily.

So it was that type of thing I was looking for.

Both of us banked with Barclays.




I don't understand the bank charges thing?

don't go over your overdraft, don't get charged? its the same as the speed limit?

would you break the speed limit if your car reported you for doing it? I certainly wouldn't so I don't go overdrawn either
#23
dodgymix
I don't understand the bank charges thing?

don't go over your overdraft, don't get charged? its the same as the speed limit?

would you break the speed limit if your car reported you for doing it? I certainly wouldn't so I don't go overdrawn either


i think you are missing the point.. how do you know if you are breaking the speed limit if they change it without telling you properly?
#24
dodgymix
I don't understand the bank charges thing?

don't go over your overdraft, don't get charged? its the same as the speed limit?

would you break the speed limit if your car reported you for doing it? I certainly wouldn't so I don't go overdrawn either


Breaking the speed limit is an offence. Going over your overdraft is not. The banks are not the Police, and should not have powers to charge over the odds for something. Its like going to Tesco late and finding the last loaf of bread and them charging you £30 for it, because you could not get their any earlier. Its an unfair price, as it does not cost Tesco anywhere near that much to make and still make a profit on it.

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