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New Boss, New Fortunes For RBS?

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New Boss, New Fortunes For RBS?
AIRED:
There hasn't been much cause for celebration at RBS in recent years. But there was no denying the party atmosphere at the bank's London offices on Tuesday. It was new CEO Ross McEwan's first day on the job. 300 staff welcomed the man tasked with putting the troubled bank's problems behind it. RBS is 81 percent owned by taxpayers after a 45 billion pound bailout in 2008. With a reputation for customer service, McEwan's seen as a politically safe bet as the bank prepares for privatisation.moreless
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