Flow head expands role following colleague's departure

By Laura Jones

Monday, March 30, 2009

Bank confirms new responsibilities in flow credit, following recent departure

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TAGS: High yield bonds People Leveraged loans

Comment by: Anonymous. Posted 15 years ago [2009-04-02 07:29:54]

With one significant difference, using the same Titanic analogy. Captain Ken miraculously inflates a monstrous great (and very expensive) buoyancy aid allowing the ship to limp along through stormy waters until reaching the safety of port (not New York I would suggest). En route they can do what they wish with the deckchairs, they ain’t sinking. PS Captain Ken was last seen jumping overboard only to be rescued by a waiting gilt-lined luxury submarine, allowing him to dive beneath the stormy waves and pass effortlessly into the warmer waters and golden beaches of early retirement

Comment by: Anonymous. Posted 15 years ago [2009-03-30 14:55:11]

Like shifting deck chairs on the Titanic! Does RBS really want to be in the institutional FI business?

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