Bl***y Banks Again

http://www.theguardian.com/business/2014/feb/24/hsbc-bankers-multimillion-pound-eu-bonus-cap

What chance is there of ever cleaning up the Banks.!!!!!

Here comes another one.....


http://news.sky.com/story/1217365/rbs-reaches-deal-to-award-550m-bonus-pot

Why is the Government which owns 81% allowing this?????

http://news.sky.com/story/1218076/rbs-confirms-8-2bn-loss-and-new-revival-plan


I think the Government as major shareholder should dictate whether RBS staff should get a Bonus, especially when they continue to make losses.

BANK CUSTOMERS LOCKED OUT OF MOBILE BANKING APPS,SO MANY PEOPLE HAVE GONE ON APPS TO CHECK PAYMENTS THAT THE APPS HAVE CRASHED,BARCLAYS/RBS AFFECTED

Badboy wrote:BANK CUSTOMERS LOCKED OUT OF MOBILE BANKING APPS,SO MANY PEOPLE HAVE  GONE ON APPS TO CHECK PAYMENTS THAT THE APPS HAVE CRASHED,BARCLAYS/RBS AFFECTED

Badboy, some Banks have crashed , others had their security system breached, they just can't cope with all this technology. Why did they bring in Mobile phone?, you can go on line to check your account, phone the Branch , or go to the Branch. With all the redunduncies due to take place there will be more problems.

Panda wrote:

Badboy wrote:BANK CUSTOMERS LOCKED OUT OF MOBILE BANKING APPS,SO MANY PEOPLE HAVE  GONE ON APPS TO CHECK PAYMENTS THAT THE APPS HAVE CRASHED,BARCLAYS/RBS AFFECTED

Badboy, some Banks have crashed , others had their security system breached, they just can't cope with all this technology. Why did they bring in Mobile phone?, you can go on line to check your account, phone the Branch , or go to the Branch. With all the redunduncies due to take place there will be more problems.

I ALWAYS GO TO MY LOCAL BRANCH,NEVER TRUSTED ONLINE BANKING,TOO MANY POTENTIAL SECURITY BREACHES.

Badboy wrote:

Panda wrote:

Badboy wrote:BANK CUSTOMERS LOCKED OUT OF MOBILE BANKING APPS,SO MANY PEOPLE HAVE  GONE ON APPS TO CHECK PAYMENTS THAT THE APPS HAVE CRASHED,BARCLAYS/RBS AFFECTED

Badboy, some Banks have crashed , others had their security system breached, they just can't cope with all this technology. Why did they bring in Mobile phone?, you can go on line to check your account, phone the Branch , or go to the Branch. With all the redunduncies due to take place there will be more problems.

I ALWAYS GO TO MY LOCAL BRANCH,NEVER TRUSTED ONLINE BANKING,TOO MANY POTENTIAL SECURITY BREACHES.

I don't blame you Badboy... Anyway most bank's phones are premium numbers.

Not so long ago Britain was renowned for it's honest Banking and business acumen.....look at us now, bottom of the class!!!! Such a dearth of talent we have to import a new Bank of England Manager.

http://www.telegraph.co.uk/finance/bank-of-england/10677774/BoE-suspends-employee-amid-forex-rigging-allegations.html


Yet another dishonest trader.....money really has been the root of all evil in Banks.....even the BOE!!!

Panda wrote:http://www.telegraph.co.uk/finance/bank-of-england/10677774/BoE-suspends-employee-amid-forex-rigging-allegations.html


Yet another dishonest trader.....money really has been the root of all evil in Banks.....even the BOE!!!

money alone is the root of all evil.  

Marky wrote:

Panda wrote:http://www.telegraph.co.uk/finance/bank-of-england/10677774/BoE-suspends-employee-amid-forex-rigging-allegations.html


Yet another dishonest trader.....money really has been the root of all evil in Banks.....even the BOE!!!

money alone is the root of all evil.  

Marky, I can honestly say I have never known such greed and dishonestly in the Financial World , Britains' reputation is shot .

Buying a House these days is not particularly a foolproof way of investing, too much relies on low interest rates. I was reading a while ago about Sharia Banking and think they have come up with the best idea to stop all this indebtedness and vagaries of Property prices. Say you are a Couple who want to buy a House, the Sharia Bank will own the house and charge you rent. When the Rent has paid off the Mortgage you are given the deeds Saves all these repossessions, exhorbitant rent etc

Panda wrote:http://www.telegraph.co.uk/finance/bank-of-england/10677774/BoE-suspends-employee-amid-forex-rigging-allegations.html


Yet another dishonest trader.....money really has been the root of all evil in Banks.....even the BOE!!!

IT APPEARS EVERYONE IS OBSESSED WITH MONEY,MAKING MONEY,EVEN IF BY FRAUDALENT MEANS,THE MORE SOME PEOPLE HAVE,THE MORE THEY WANT.

I agree Badboy , the more you have the more you want.


http://www.telegraph.co.uk/finance/bank-of-england/10679240/BoE-officials-to-be-quizzed-over-forex-manipulation-after-bank-suspends-employee.html

http://www.heraldscotland.com/business/company-news/mis-selling-payments-total-rises-to-482m-for-banks.23612417


they can pay all this and fat Bonuses but not increase a half a percent in interest on Bank Accounts.

Panda wrote:http://www.heraldscotland.com/business/company-news/mis-selling-payments-total-rises-to-482m-for-banks.23612417


they can pay all this and fat Bonuses  but not increase a half a percent in interest on Bank Accounts.

to do that would require a raise in the base rate which at this time is probably not a good idea. as for bonuses the people concerned have earned them in accordance with the conditions of their legally binding contracts of employment.

  

Marky wrote:

Panda wrote:http://www.heraldscotland.com/business/company-news/mis-selling-payments-total-rises-to-482m-for-banks.23612417


they can pay all this and fat Bonuses  but not increase a half a percent in interest on Bank Accounts.

to do that would require a raise in the base rate which at this time is probably not a good idea. as for bonuses the people concerned have earned them in accordance with the conditions of their legally binding contracts of employment.

  

Marky, many Moons ago when i worked in Jersey for a Major Bank,( you name it, Iv'e done it) a few of us were paid by the Bank to attend a Seminar in London. One of the Speakers told us that the Traders on the Floor were paid a collosal Salary and worked at such a frantic pace they were played out by 30 yrs of age. He also told us that Barclays had a  bonus every month besides their Salary and the guy with the most sales was given a Green Card to be used at a top Restaurant.  This Trader took some friends for a meal and the bill came to £16,000 and I'm talking a long time ago!!!

BTW although the other Employees were more Senior than me, I was the only one who turned up for the Seminar, they were all hung over.  

I think we should change to Sharia Banking for Mortgages much more civilised and less dependent on the whims of inflation.

http://news.sky.com/story/1221515/rbs-80-plus-millionaires-despite-8-2bn-loss


RBS again paying huge rises to Bosses, when is someone going to stop any rises for Banks who owe the Government money. ???

http://www.telegraph.co.uk/finance/financialcrisis/10684896/George-Soros-blasts-parasite-banks.html


Plenty of comments, I think this one sums it up for me



Avatar
dordor • 2 hours ago
as long as the banking industry controls the politicians and governments this ridiculous and bizarre situation will continue. there will never be any accountability for the banking industry simply because of deregulations and never ending supply of cheap cheap fiat money available to them. and as long as the taxpayers are standing ready to bail them out.

we need to overhaul the system in its entirety !
1 • Reply•Share ›

DIDN'T THE SWEDES NATIONALISE THEIR BANKS IN THE 1990S WHEN THEY HAD PROBLEMS?

Badboy wrote:DIDN'T THE SWEDES NATIONALISE THEIR BANKS IN THE 1990S WHEN THEY HAD PROBLEMS?

I don't remember anything about that, surely they couldn't nationalise all their banks. Look at the mess we are in because we saved RBS !!! Why do we, as major shareholder allow these bonuses?????

TELL YOU WHAT I THINK IS PART OF THE PROBLEM,THERE ARE POTENTIALLY TRILLIONS OF POUNDS/DOLLARS TO INVEST,HENCE DUBIOUS MORTAGE PRODUCTS ETC.
MAYBE THOSE TRILLIONS NEED TO BE TAXED.

MAYBE THE BANKS IN ORDER TO REGAN TRUST SHOULD SHOW PEOPLE HOW TO MAKE MONEY ON INTERNET.

Badboy wrote:TELL YOU WHAT I THINK IS PART OF THE PROBLEM,THERE ARE POTENTIALLY TRILLIONS OF POUNDS/DOLLARS TO INVEST,HENCE DUBIOUS MORTAGE PRODUCTS ETC.
MAYBE THOSE TRILLIONS NEED TO BE  TAXED.

If this money is out there it should be taxed Badboy. The problem being those who potentially have it or know where it is are the people who set taxes and are unlikely to put a tax on assets which they cannot account for. Such money is in all probability in bank accounts which cannot be traced.

malena stool wrote:

Badboy wrote:TELL YOU WHAT I THINK IS PART OF THE PROBLEM,THERE ARE POTENTIALLY TRILLIONS OF POUNDS/DOLLARS TO INVEST,HENCE DUBIOUS MORTAGE PRODUCTS ETC.
MAYBE THOSE TRILLIONS NEED TO BE  TAXED.

If this money is out there it should be taxed Badboy. The problem being those who potentially have it or know where it is are the people who set taxes and are unlikely to put a tax on assets which they cannot account for. Such money is in all probability in bank accounts which cannot be traced.

IE IN TAX HAVENS,IF THOSE TAX HAVEN BANKS COLLAPSE,THERE WILL HAVE TO DO SOMETING,EG INTRODUCE TAXES.

There was a big huff and puff about the Government closing down the tax havens in Jersey, Guernsey, Isle of man etc , it's the Havens in Europe and Far
East that hold the most money for British tax dodgers.