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TOPIC: RBS pays chief executive Ross McEwan £3.8m as it reports £2bn loss

RBS pays chief executive Ross McEwan £3.8m as it reports £2bn loss 26 Feb 2025 10:08 #1

  • Markovitch
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www.theguardian.com/business/2016/feb/26...yal-bank-of-scotland
I could have made the losses much bigger for that kind of money!! Another well managed Government project
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RBS pays chief executive Ross McEwan £3.8m as it reports £2bn loss 26 Feb 2025 10:21 #2

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Sadly I prefer to avoid these kind of things as if I dwell on them too much it just boils my piss.
Wealth distribution seems so out of kilter it takes some believing at times.
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RBS pays chief executive Ross McEwan £3.8m as it reports £2bn loss 26 Feb 2025 12:41 #3

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This is as bad as Russia and those sleazy ar...holes at the top of the Unions.

The Government should be ashamed...............
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RBS pays chief executive Ross McEwan £3.8m as it reports £2bn loss 26 Feb 2025 12:49 #4

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thesilentone wrote:
This is as bad as Russia and those sleazy ar...holes at the top of the Unions.

The Government should be ashamed...............

Sounds like he had good union representation.

Or it might just be that he kisses tory arse.
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RBS pays chief executive Ross McEwan £3.8m as it reports £2bn loss 26 Feb 2025 12:54 #5

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It's all relative. How much more might they have lost had he not been in charge.
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RBS pays chief executive Ross McEwan £3.8m as it reports £2bn loss 26 Feb 2025 13:11 #6

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Its as bad as Russia??!! In what way?
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RBS pays chief executive Ross McEwan £3.8m as it reports £2bn loss 26 Feb 2025 13:25 #7

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Because they also have Government backed extortion............
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RBS pays chief executive Ross McEwan £3.8m as it reports £2bn loss 26 Feb 2025 13:31 #8

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The cancer in the banking industry rolls on I'm afraid.....
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RBS pays chief executive Ross McEwan £3.8m as it reports £2bn loss 26 Feb 2025 14:13 #9

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More of the benefits of an Eton education, perverts the lot of them
metro.co.uk/2016/02/26/eton-student-who-...spared-jail-5718665/
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RBS pays chief executive Ross McEwan £3.8m as it reports £2bn loss 26 Feb 2025 14:26 #10

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Markovitch wrote:
More of the benefits of an Eton education, perverts the lot of them
metro.co.uk/2016/02/26/eton-student-who-...spared-jail-5718665/

That is f**king disgusting. People are rightly wanting the book thrown at Adam Johnston then you read something like this. How a judge can not send him to jail beggars belief.
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RBS pays chief executive Ross McEwan £3.8m as it reports £2bn loss 26 Feb 2025 14:31 #11

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pensionerblue wrote:
The cancer in the banking industry rolls on I'm afraid.....

I see it first hand. I have a client who was miss-sold an interest rate swap deal on a loan years ago, his appeal has been with the bank for over 3 years, they have stolen in excess of half a million pounds from him, have admitted to the miss-selling but say they won't pay him back in full because if they hadn't have miss-sold him that one, they'd have miss-sold him a cheaper one and they are only prepared to refund the difference (about £150,000). He is taking it to court, and that will be late this year, they are very likely to lose, but meanwhile I think they're hoping he goes out of business.

That is by no means an isolated case.
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RBS pays chief executive Ross McEwan £3.8m as it reports £2bn loss 26 Feb 2025 15:13 #12

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Markovitch wrote:
More of the benefits of an Eton education, perverts the lot of them
metro.co.uk/2016/02/26/eton-student-who-...spared-jail-5718665/


What has this got to do with this thread, and who is searching this sh..t ???
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RBS pays chief executive Ross McEwan £3.8m as it reports £2bn loss 26 Feb 2025 15:14 #13

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Moorlad wrote:
pensionerblue wrote:
The cancer in the banking industry rolls on I'm afraid.....

I see it first hand. I have a client who was miss-sold an interest rate swap deal on a loan years ago, his appeal has been with the bank for over 3 years, they have stolen in excess of half a million pounds from him, have admitted to the miss-selling but say they won't pay him back in full because if they hadn't have miss-sold him that one, they'd have miss-sold him a cheaper one and they are only prepared to refund the difference (about £150,000). He is taking it to court, and that will be late this year, they are very likely to lose, but meanwhile I think they're hoping he goes out of business.

That is by no means an isolated case.


There was programme about this last year, why has there not been a group action ?
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RBS pays chief executive Ross McEwan £3.8m as it reports £2bn loss 26 Feb 2025 15:26 #14

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There have.

Most either have been settled or haven't yet reached the courts.

Some extremely big pay outs still to come. My client will end up with around £600,000, and he is very small in comparison to some. Cases have been being prepared to take to court for well over 2 years. Hopefully some of the bigger group action ones will be heard within the next 6 months then they'll be forced to settle properly as with the PPI stuff. A lot depends on the complexity, or lack of, of the business concerned, and how well they should understand financial instruments, complicated stuff to be honest.

In my client's case cut and dried though "I need a loan", "right you have to have this one then, so it protects against interest rate changes", "can't I just have a normal loan?", "sorry you take this or you don't get a loan at all".
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RBS pays chief executive Ross McEwan £3.8m as it reports £2bn loss 26 Feb 2025 16:00 #15

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RBS pays chief executive Ross McEwan £3.8m as it reports £2bn loss 26 Feb 2025 16:06 #16

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Interesting, thanks I'll pass that to my client, although I suspect he'll know already I think he was following that Bully-banks thing anyway.
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