Hello everyone I hope you are all very well today.
It is nice to see that the thaw between the banks and the central bank Governor is at long last happening.
One should also recognise that this has occurred after going through the crisis of the last 5 years.As in all circumstances in life decisions often come about by a persons' attitude of mind.
Banks should not however think this is a change back to the old ways.It is not.Even through the crisis we have had plenty of good bankers in the system,they have just not been in a power of position to put thing right and keep them so.
Now is the time to step forward and take charge for the future.Customers should take top priority in actual front line public relations .As I have said before it must lead from the top and be in every part of the business.
Cosmetic public relations is no good It has to be in the blood stream and remain so.
The U.K. need a good sustainable banking system and it needs to start now.We can lead and others will follow .We should be in a position to help and advise others in the industry ,whether in the U.K. or no,t the correct way to be.
The country needs this implementation of sustainability and so does the public.
This is the first move by the central bank governor,not the one and only.The baton now needs to be taken up by the banking industry.Pulling the wool over the central banks or regulators eyes will be the last thing to do by any sustainable financial organisation.
Take notice that close supervision is what it is all about.And it will be for the future.
Happy and successful investing by you all.
Christopher.
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