The Anonymous Widower

Barclays and RBS Shaft Clintons

According to today’s Times, the major bankers to Clinton Cards were Barclays and RBS.

So what did they do?

They callously sold £35 million of loans to Clinton Cards, to American Greetings, one of the retailer’s biggest suppliers, which immediately called in the loans.

Where’s the caring banker in all this?

If I were an employer, who banks at Barclays or RBS, I would move my account immediately.

May 10, 2012 - Posted by | Business, Finance, News | , ,

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