New brand has clear objectives 1 Edition

Even more money, though, is to come. Next year's figures will include a further #55bn transfer from London to Scotland with the absorption of Hill Samuel Asset Management into Scottish Widows Investment Partnership. Ten of Scotland's top 20 companies are now involved in the financial servi...

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Bibliographic Details
Published inHerald (Glasgow, Scotland)
Main Author Abraham, Tom
Format Newspaper Article
LanguageEnglish
Published Glasgow (UK) Gannett Media Corp 20.07.2000
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Abraham, Tom
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Summary:Even more money, though, is to come. Next year's figures will include a further #55bn transfer from London to Scotland with the absorption of Hill Samuel Asset Management into Scottish Widows Investment Partnership. Ten of Scotland's top 20 companies are now involved in the financial services sector. The recent acquisition of NatWest by the Royal Bank of Scotland creates the country's largest PLC, and one which will be run from Edinburgh. It means we can now boast the sixth largest bank in Europe, and one that will be endowed with strong Scottish values. Today, greater personal responsibility is being handled by young bankers at an earlier age than even just 10 years ago. Gone is yesterday's more lengthy mentoring through which a manager would help young bankers to absorb the almost-unspoken principles of ethical practice. That's why the institute is introducing banking ethics to its training curriculum. Moreover, the public has a right to expect that bankers do possess a code of ethics - and that they'll stick to it.