Thursday, May 20, 2010

Banking still in dire straits

Newcastle Building Society cuts jobs and loses branches

Jim Willens, chief executive for Newcastle Building Society, said: "To remain strong we need to be realistic in the knowledge that this is still a very challenging climate for the financial services sector. "We have to make some difficult decisions but these will benefit the society and the majority of its staff in the long-term.

Posted by mark @ 11:17 AM (940 views)
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One thought on “Banking still in dire straits

  • Betablocker says:

    Less than 1% interest on your savings account and Willens thinks he’s worth £286,000.

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