Royal Bank of Scotland’s cluster bombs money


This video from Britain says about itself:

If you just found out the company you worked for funded companies that produced cluster bombs what would be the first question you asked?

Watch this RBS worker get straight to the heart of the issue: “Exactly how much money does it make us”?

Donate to our hard-hitting ad campaign to shame RBS.

Britain: Over 10,000 people have joined an Amnesty International campaign calling for the Royal Bank of Scotland to disinvest from companies producing lethal cluster bombs: here.

Amnesty International hailed a major victory today after a high-profile campaign forced Royal Bank of Scotland (RBS) to cease investment in firms that produce cluster munitions.

State-owned Royal Bank of Scotland played host to the nation’s arms dealers today – just a week after the bank was caught out investing in the manufacturers of illegal cluster bombs: here.

Bailed-out bank Royal Bank of Scotland is back in the black and lending again – but still continues to sack their own workers: here.

The Royal Bank of Scotland’s top investment banker is set for a whopping £4 million payout this year – despite talk that it is set to lay off 10,000 workers.

State-owned Royal Bank of Scotland unveiled a £2 billion annual loss yesterday with no prospect for dividends for taxpayers – but that didn’t stop its bonus-hungry fat cats tucking into a trough sloshing with £785 million in payouts.

16 thoughts on “Royal Bank of Scotland’s cluster bombs money

  1. Sympathy for the devil

    I can’t help but feel sorry for Stephen Hester, the chief executive of RBS.

    Thousands of people have called on him to stop funding a US company that makes cluster bombs that kill thousands of children worldwide each year.

    The poor man is faced with a great dilemma.

    If he does remove funding from the company he could save the lives of thousands of children.

    But that could affect his muliti-million pound bonus.

    Tough choice.

    Derek Hanlin, Mid Glamorgan

    http://www.socialistworker.co.uk/art.php?id=25923

    Like

  2. PM refuses to stop RBS offshoring

    BANKS: David Cameron refused today to commit to stopping the Royal Bank of Scotland sending jobs overseas, insisting getting taxpayers’ £45 billion back out of the bailed-out institution mattered “most of all.”

    The bank, which is 82 per cent state owned, announced today that it would be relocating 300 jobs to India.

    Labour MP Lindsay Roy said because the government was the major shareholder in RBS it could intervene to stop this transfer and save jobs.

    But Mr Cameron said: “The most important thing is we get that money back. We need RBS to return to health.”

    http://www.morningstaronline.co.uk/news/content/view/full/116287

    Like

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