Quote: Dally "Let's hope it is just the IT system and not a liquidity crisis being hidden behind an IT excuse. Could be a problem this week - big backlog of payments to process, annoyed customers taking money out and month end payments. That alone could stretch liquidity. Interesting that HMG / BoE have been panicking of late about liquidity in the banking system and just last week announced the £100 billion. Are the two connected? if RBS is bust then so is Britain.'"
Having spoken with their IT guys all last week (until they introduced Business Incident Managers to fend the calls) I'd say that if that was the case then no one told them!
"Aaaaaaaaaaaannnnd - always look on the bright side of life..."
