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Racy Balance-Sheets Looked Great in the Go-Go years, But Not Anymore
Oleh:
The Economist
(Editor)
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 387 no. 8577 (Apr. 2008)
,
page 67.
Topik:
Royal Bank Scotland
;
Global Credit Crunch
;
Crisis
;
Insurance Business
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.48
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Generals stand accused of lacking foresight, inclined as many of them are to be preparing to fight the last war. What then of bankers, who show little sign even of hindsight? Most seem unable to grasp the lessons of the last crisis, still less to anticipate the next one. Take Royal Bank of Sotland (RBs), Britain's second-largest bank, which in February merrily increased its dividends to shareholders despite ample warning that the worst of global credit crunch was yet to arrive. Sir Fred Goodwin, the bank's well-regarded chief executive, confidently told investors that he had "no plans for any inorganic capital raisings or anything of the sort".
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