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Old 3rd December 2016, 12:55   #11 (permalink)
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Re: Rbs

I so hate missing out on a good thing.
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Old 4th December 2016, 13:26   #12 (permalink)
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Re: Rbs

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Originally Posted by yalimart View Post
Of course but that's nothing to do with bailing the banks out with tax payers money to satisfy the bond holders, we only know of the institutional bond holders and not the privateers who took a safe punt. I just want to know where my austerity s went and who to.

Martin
It's all rather incestuous Martin with a distinct reek of Nepotism on the grandest scale............ Looks to me (a lay-person) like they've enshrined into law the Bailing out of the (debatably) good & great amongst us......

"Coutts /ˈkuːts/ is a private bank and wealth manager, founded in 1692. It is the seventh oldest bank in the world and its international arm was recently sold to Union Bancaire Prive.[2]

It is owned by the Royal Bank of Scotland Group (RBS) since 2000, when RBS purchased its parent, NatWest. Coutts formed part of RBS's private banking division. During its time with RBS, it acquired Zrich-based Bank von Ernst & Cie and in 2008, Coutts Bank von Ernst and other Coutts International
subsidiaries became RBS Coutts Bank. These traded as RBS Coutts International to align them with the parent RBS Group until 2011, when RBS Coutts was renamed Coutts & Co. Limited."

"Clients

Until the 20th century Coutts was a clearing bank to the nobility and landed gentry, but today it is a wealth manager to a wider range of clients, including entrepreneurs, entertainers, sportsmen, professionals and executives. The British Royal Family is a noted client. There are however stringent requirements to being accepted as a client, not just based on average and total financial assets. Prospective clients need at least 1,000,000 in investable assets, not including real estate."

https://en.wikipedia.org/wiki/Coutts

https://en.wikipedia.org/wiki/HBOSCorporations and major projects[edit]

I'd never heard of 'Private Acts' before researching this a while ago, handy little trick to have in ones toolbox!

"Private acts are laws in the United Kingdom which apply to a particular individual or group of individuals, or corporate entity. This contrasts with a public general Act of Parliament which applies to the entire community. Private acts can afford relief from another law, grant a unique benefit or powers not available under the general law, or relieve someone from legal responsibility for some allegedly wrongful act."

https://en.wikipedia.org/wiki/Local_...United_Kingdom

Coutts & Co
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Old 15th February 2017, 23:34   #13 (permalink)
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Re: Rbs

It makes me wonder if one bank is doing this, then just how many more are there doing exactly the same............because they all seem to get caught out on the same dodgy stuff.


RBS accused of fraud and forgery by customers and ex-employee - BBC News
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Old 16th February 2017, 08:42   #14 (permalink)
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Re: Rbs

Decency has deserted Boardrooms and fled in the relentless drive for short term profit and wealth creation for it's Directors , at any and everyone elses cost and expense.

Are there any professions left that have not been corrupted by greed and self enrichment.


Doctors for one I hope , not much else i fear.

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Old 17th February 2017, 16:04   #15 (permalink)
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Re: Rbs

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Decency has deserted Boardrooms and fled in the relentless drive for short term profit and wealth creation for it's Directors , at any and everyone elses cost and expense.

Are there any professions left that have not been corrupted by greed and self enrichment.


Doctors for one I hope , not much else i fear.

Steve
And yet countries are queuing up to house their businesses..............
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Old 18th February 2017, 07:50   #16 (permalink)
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Re: Rbs

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Originally Posted by Spurs View Post
And yet countries are queuing up to house their businesses..............
???

https://www.google.com.ua/search?q=f...EtGK6ASt9rrgCQ
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