RUTH SUNDERLAND: Why bank clean-up is now long overdue | Daily Mail Online

[Legal Beagles]

RUTH SUNDERLAND: Why bank clean-up is now long overdue | Daily Mail Online. The impending exit of two HSBC directors has this week sparked a wave of fear in the City that draconian new regulations will drive experienced directors out of bank boardrooms. Alan Thomson and John Trueman are preparing to quit their roles as […]

More...

[enaid]

Re: RUTH SUNDERLAND: Why bank clean-up is now long overdue | Daily Mail Online

The impending exit of two HSBC directors has this week sparked a wave of fear in the City that draconian new regulations will drive experienced directors out of bank boardrooms.


One wonders just what their'experience' is/was, if it is for hoodwinking customers, (many who have lost thousand), making bad decisions, taking massive salaries and bonuses. Knowing full well that any mistakes they make will be put right by the tax payer then yes in my opinion they are very experienced .
Good riddance is all I can say, the sooner we get back to honesty, transparency and being treated as a person and not a cash cow I for one will be over the moon.

[Fred]

Re: RUTH SUNDERLAND: Why bank clean-up is now long overdue | Daily Mail Online

Most professionals, not just bankers, are subjected to greater scrutiny than in the past, when their authority was frequently accepted without question.

There is an OFT in there somewhere & as for professionals "hmmm"..........over-regulation, well perhaps consider that you nearly brought a government to its knees there lies the clue.

[Sparkie1723]

Re: RUTH SUNDERLAND: Why bank clean-up is now long overdue | Daily Mail Online

Most professionals, not just bankers, are subjected to greater scrutiny than in the past, when their authority was frequently accepted without question.

There is an OFT in there somewhere & as for professionals "hmmm"..........over-regulation, well perhaps consider that you nearly brought a government to its knees there lies the clue.

Agree Fred,
They won't be able to sift off funds into their south american off shore personal accounts any more to feather their nests....so they are leaving................also shows that they would not be able to stand the pressure of the new regulations...which then shows they are not fit for the job.................they are applying the logic if it gets too hot in the kitchen then get out........and that what they are doing.
They would at last be made to earn their fat bonus's.
Sparkie