Post by steppenwolf on Jul 26, 2023 12:00:29 GMT
The interesting thing about this is that the management of Nat West (and Coutts) seem to be completely ignorant of banking. This first became apparent when some of our banks nearly went bust in 2007/8. I remember when various directors of these banks were called before the Treasury Select Committee and asked some very simple questions - like what's the capitalisation of your bank. None of them had a clue about any of the questions.
But the management are no better now. They're just selected by slightly different criteria. They're now selected on the basis of "Equality, Diversity and Inclusion". If their views on this are "acceptable" to the woke Lefties who run the country then that's OK. Any understanding of banking - or even the ethics of banking - appears to be irrelevant.
We never seem to learn.
But the management are no better now. They're just selected by slightly different criteria. They're now selected on the basis of "Equality, Diversity and Inclusion". If their views on this are "acceptable" to the woke Lefties who run the country then that's OK. Any understanding of banking - or even the ethics of banking - appears to be irrelevant.
We never seem to learn.
