Category Archives: banks

Bank bonuses – the rational behaviour of the RBS directors

Robert Peston reported last night that the directors of the Royal Bank of Scotland are threatening to resign en masse if they are not permitted to pay bonuses to the investment banking arm of RBS, as has been threatened by … Continue reading

Posted in banks, bonuses, Uncategorized | 1 Comment

The banking crisis – who is to blame?

Roused from hibernation to say I’m not wishing to scapegoat any part of the country in particular, but HALIFAX Bank of ScotlandBRADFORD and BINGLEY Just because the county championship didn’t go as hoped, there’s no need to take it out on … Continue reading

Posted in banks, Uncategorized, yorkshire | 3 Comments

Project Wing: For sale: one bank (code name: Blackbird)

So, want to buy a bank? The documentation discovered by the FT disguises the name of the bank with the codename Blackbird.  However, the passage “On 9 October 2007, Blackbird announced that it had agreed additional facilities, which enabled it … Continue reading

Posted in banks, northern rock, Uncategorized | 1 Comment