Bottom line is that whatever millions of bonuses given did not resolve basic banking principles.. do not deny your customers their monies!
RBS has had a terrific gain of late share wise but it still remains a tax payers bank that has major software issues that fails to deliver profits ... a few hundred million should have done the software issues but hey , why not give a £600 million bonus to a few pen pushers and again forget the front end customers. As with the incoming boss of the BOE , watch out , this guy will be a front runner of wanting to break up RBS!
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