RE: UK government looses with RBS

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UK government looses with RBS

in banking •  7 years ago 

Horrible news and looks like more to come.

I hope this news does not come true. It is very bad for the economy and will affect the quality of human life as well. If there is an economic crisis we will all be affected.
O, yes. why you say this can happen again? Approximately what causes it to allow this to happen?
Is it war?
Is it because people do not trust the Bank anymore?

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I meant more to come from RBS... Yes its more about restoring faith in banking system, many banks updating their system and customers accounts are free for viewing by anyone. Is technology a boon I wonder sometimes. Banks are trying hard I give them that but such news of constant loss since 2008 is painful to see and wonder whats more to come...