interestrateripoff Posted May 27, 2013 Share Posted May 27, 2013 http://www.guardian.co.uk/business/2013/may/27/royal-bank-scotland-recruit-former-regulator A former regulator is joining Royal Bank of Scotland in a newly created role overseeing regulatory affairs and conduct as part of the effort by the bailed out bank to clean up its reputation in the wake of the Libor rigging scandal.Jon Pain, who was at the Financial Services Authority for four years until 2011, is joining the bank in August as head of conduct and regulatory affairs. He will become one of the most senior executives at the bank, joining the executive committee (just below board level) and potentially earning millions of pounds a year. At least they have an expert in regulation.... Quote Link to comment Share on other sites More sharing options...
Postillion Posted May 27, 2013 Share Posted May 27, 2013 http://www.guardian.co.uk/business/2013/may/27/royal-bank-scotland-recruit-former-regulator At least they have an expert in regulation.... Omg another expert joins the board god help us all Quote Link to comment Share on other sites More sharing options...
The Eagle Posted May 28, 2013 Share Posted May 28, 2013 Looks like someone is being compensated for his hard work keeping both eyes closed while the banksters were defrauding us... Quote Link to comment Share on other sites More sharing options...
wherebee Posted May 28, 2013 Share Posted May 28, 2013 He won't earn millions of pounds. Compliance heads get nothing like the bonuses other sectors do. Still be better than FSA pay rates though. He'll have to work for it - I knew a lot of people at the FSA, and most did 9-5s! Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.