Ross McEwan RBS CEO interview no financial strategy

The transcript discusses the need for organizational changes in a bank that was structured for a larger entity in the past. The focus is now on building a customer-centric bank that people trust. It also covers the topic of employee bonuses, emphasizing the importance of paying within market rates to attract and retain talent, despite the bank's financial losses.

What is the main focus of the bank's strategy moving forward?

• Reducing customer trust

• Building a trustworthy customer bank

• Expanding the organization

• Increasing structural complexity

When will the bonus numbers for junior employees be released?

• In the next few weeks

• They have already been released

• In a few months

• Next year

What is the bank's approach to paying bonuses?

• Above market rates

• Below market rates

• No bonuses are paid

• Within market rates

What is the financial status of the bank despite the losses?

• Completely unprofitable

• Profitable in all segments

• A two and a half billion profitable business

• Breaking even

Why is it important for the bank to pay within market rates?

• To increase profits

• To attract good talent

• To reduce costs

• To avoid legal issues