Sep 4, 2018 | All Members
In a recent TBU survey, 77% of members said that Paul Pester did not have the full support of staff. Today, ironically 24 hours after another IT meltdown, the Bank announced that Paul Pester, TSB’s Managing Director, will be leaving with immediate effect. Richard...
Jul 26, 2018 | All Members
Before we answer the severance question, let’s talk about TSB’s day of reckoning. On the 27th, TSB and Sabadell will publish their Q2 2018 results. Notwithstanding the spin from Barcelona and Gresham Street, they are going to be a disaster. The question is how much of...
Jul 13, 2018 | All Members
In a recent letter to the Chairman of the Treasury Select Committee, Richard Meddings, Chairman of TSB, said that “TSB is at, or functioning, close to normal for the majority of TSB customers” Mr Meddings needs to get out more and see what’s actually going on in...
Jul 4, 2018 | All Members, GMP Court Case
Please click this text to view a PDF version of the newsletter. Recent Posts Goodbye To Catalonia Future Pension Increases – Letter To Members And MPs No ‘Money Confidence’ For Staff Pay & Bonuses 2021 Life Made A Little Bit Better In TSB Life Made Worse In TSB...
Jun 29, 2018 | All Members
You couldn’t make this stuff up if you tried. For the past few months staff in TSB have been on their knees doing everything they possibly can to save the Bank. Staff have been working round the clock to ensure that customers are looked after and that’s despite the...
Jun 26, 2018 | All Members
In 1990 Nelson Mandela was released from prison after 27 years of incarceration and later that year the Berlin Wall was torn down. Two historic moments that reverberated around the world. In the staid world of pensions something just as dramatic happened: the European...
