RBS losses breach £5bn
Posted by seumasach on February 28, 2013
Asked on ITV Daybreak if the taxpayer would ever get back its money, RBS chairman Sir Philip Hampton said: “I don’t know. We’ll do our best”.
I know. The answer is no.
RBS boss admits ‘chastening’ year as losses breach £5bn
28th February, 2013
Stephen Hester, the boss of Royal Bank of Scotland, admitted 2012 had been a “chastening” year as losses at the bailed-out bank widened to more than £5bn – and still paid out more than £600m in bonuses.