May 30, 2018 | All Members
Have things really changed in the Branch Network? Is the culture of the Bank any different to what it was 5 years ago? It would be churlish of us not to accept that things have moved on for the better in some ways but there is still a group of Local Directors who seem...
May 18, 2018 | All Members
When the Bank introduced its new branch management structure, which will see the introduction of managers supporting groups of branches, one could be forgiven for thinking that would be the end of the reorganisation. But it’s just the beginning. We have been saying...
Apr 17, 2018 | All Members
When the Bank announced the results of its Group Strategic Plan 2018 – 2020 a few months ago it refused point blank to say whether its 3-year strategy would result in more redundancies and more branch closures. At the time we said: ”We are being asked to believe...
Mar 26, 2018 | All Members
When the Group announced its new strategic priorities, Juan Colombas, Chief Operating Officer, talked about bringing down the Group’s cost base to below £8bn by 2020 and said: “We will do so by maintaining our cost discipline, and by redeploying the efficiency gains...
Mar 23, 2018 | All Members
The Your Tomorrow Pension Scheme is one of core elements of the Bank’s remuneration package and one of the most important benefits staff receive. The value of defined contribution pension schemes like ‘Your Tomorrow’ depends on the level of funding put in by the...