Independent Scotland will have a successful and secure banking sector, says former Lloyds risk manager A former risk manager for Lloyds Banking Group today hit back at No campaign scaremongering, stressing that a Yes vote on Thursday will have ‘no impact’ on staff or customers in Scotland. Edward McDowell said he felt compelled to speak out after a welter of false claims that ‘technical adjustments’ by banks would lead to jobs and investment losses. He said: It is my considered opinion that a successful Scottish banking sector would be secure in an independent Scotland. Mr McDowell, who has nearly 40 years’ experience in the banking sector, said claims by Deutsche Bank that independence could trigger a great depression were disingenuous, adding: They do not take account of Scotland’s strong fiscal position or well established institutions and I believe is another example of misleading information. And he said No campaign claims that banks moving their registered offices would threaten jobs Scotland as completely inaccurate’.
Posted on: Sun, 14 Sep 2014 15:31:26 +0000
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