“There was a period of remorse and apology for banks and I think that period needs to be over…I really resent the fact that you refer to this as blackjack or casino banking or rogue trading,” Barclays’ Diamond Bob goes on the attack at the Treasury Select Committee, 11th Jan 2012
(SKY NEWS) Stephen Hester is to get a bonus of almost £1m, a figure which has drawn criticism of pay deals at the taxpayer-funded institution. Stephen Hester is to get 3.6 million shares in the bank worth £963,000, along with a salary of £1.2m. RBS group chairman Sir Philip Hampton said the company was “aware of the difficulties in trying to reconcile the competing objectives of all our stakeholders”, especially on pay. RBS doesn’t deny reports of £1m-plus bonus Stephen Hester, 27th Jan 2012
“We’re well on the road to recovery. Fingers crossed all the bugs have been got out but we feel a corner has been turned…things back to normal by early next week.” RBS Stephen Hester on the, still to be fixed IT problems which has seen millions of customers’ accounts frozen. 27th June 2012
“Barclays chief executive Bob Diamond has admitted for the first time that the bank made a conscious decision to falsify Libor rates in order to protect the bank at the height of the financial crisis.” Left-wing tabloid rag The Daily Telegraph cranks up the pressure on Diamond Bob over his knowledge of dodgy deals within Barclays. June 28th 2012
“Barclays boss Bob Diamond says he will not resign.” Shock news in a BBC headline, June 29th 2012.
“Royal Bank of Scotland and Lloyds have been accused of systematically rigging financial markets in a growing international scandal which wiped billions off the value of shares in Britain’s biggest banks.” The Daily Telegraph with more good news for RBS fans and customers. June 29th 2012
“Stephen Hester admits to stealing from his own granny, murdering Lady Diana, selling dodgy Olympic Tickets and starting the Second World War. Diamond Bob admits to shooting, butchering and eating Shergar. Both men say they are “determined to ride out the storm” The Sharp Single, June 31st 2012.