Jump to content
House Price Crash Forum
Sign in to follow this  

Royal Bank Of Scotland Recruits Former Fsa Regulator

Recommended Posts


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....

Share this post

Link to post
Share on other sites

Looks like someone is being compensated for his hard work keeping both eyes closed while the banksters were defrauding us... <_<

Share this post

Link to post
Share on other sites

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!

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 245 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.