Corporate Governance and Regulation - A Case Study (RBS) Essay

Corporate Governance and Regulation - A Case Study (RBS) - Essay Example The overdraft facility is one of the most versatile instruments in banking today. The Royal bank of Scotland apart from providing banking services in Scotland through 700 branches also provides branch banking services throughout the British Isles in collaboration with the NatWest and Ulster Bank. The Royal Bank of Scotland provides dedicated retail and commercial banking services in Scotland, Ireland and US. The Royal Bank of Scotland has a worldwide presence in about 40 countries where they provide investment banking services, private banking and also banking network channels for payment across Europe, Asia and Middle East. Apart from the core banking divisions, the bank also has non-core support groups to provide better banking services which includes Asset protection group, Global restructuring group, Risk containment group and the legal group. The Royal Bank of Scotland has a strategic plan for fulfilling its long term and short term objectives. The strategies employed by The Roy al Bank of Scotland include serving the customers to their delight, containing the risk profile of the bank and finally attain sustainable value addition for the shareholders. The Royal Bank of Scotland is governed by a Board of Directors and the managing and executive committee. The bank is headed by its chairman Sir Philip Hampton and the Group Chief executive Stephen Hester. The platform of principal decision making is formed by the Board members of the group who has the overall responsibility and accountability of not only leading the group in a sustainable fashion but also ensure value and returns to their shareholders. The group also has a performance and remuneration committee apart from its supporting risk and audit structure. Apart from taking the policy-making decisions, the Board members of the group also monitors the operations and performance of the group on a periodic basis. The Group Board and the Committees governing The Royal Bank of Scotland is committed to high st andards of adhering to codes on corporate governance. The Board Group scheduled a detail on the company affairs which is reviewed for monitoring effective implementation of the policies on corporate governance. The Royal Bank of Scotland acknowledges diversity and has implemented it worldwide. The Royal Bank of Scotland has around 5000 women workforce globally who are guided by a senior team of personnel. The Royal Bank of Scotland has a designed code of conduct along with defined policies on environmental, social and ethical risk, anti-money laundering, human rights, anti bribery, anti corruption and managing of diversity. These governance and regulatory policies help The Royal Bank of Scotland to maintain a balance of their financial, economic and social goals. Apart from serving their customer well, The Royal Bank of Scotland is committed to be a good employer, fulfil their corporate social responsibilities, open to consultation with their stakeholder for wealth maximization and restoring security and confidentiality of internal information. The Royal Bank of Scotland filed its annual report on 28th March, 2013 with the US Securities and exchange commission. The stock

The movie review of eat, drink, man, woman by Ang Lee Essay

The movie review of eat, drink, man, woman by Ang Lee - Essay Example However, this is a challenge for her because it is rare for women to be allowed into the profession, which is male dominated. Despite the fact that the daughters look upon their father cooking for them as being too traditional, the meals they share serves to bring their family together, something that is extremely rare indeed in the modern society. Another daughter shows a lot of cynicism towards men until such a time as she meets a volleyball coach to who she is attracted. This daughter completely breaks with tradition by actively pursuing the man that she desires. The youngest daughter is a college student who is quite sexually adventurous and her escapades result in her getting pregnant. The chef’s wife has passed away sixteen years prior to the plot of the movie, and the lack of a mother in the household is something that is realized throughout the film. Had there been a mother’s presence in the family’s life, then the troubles which this family is undergoing would be nonexistent, or minimal. One of the major themes of this movie is one of self-sacrifice as seen when Jia-Jen decides to stay at home and look after her father and her sisters. She lives a single life because of this selflessness on her part and it can be said that she fills the role of the mother in the household. ... Chu, their father, is a well-meaning man who has chosen not to remarry for the sake of taking care of his daughters himself. He is a man who, despite the fact that his daughters have grown up and are supposed to move out of the home, continues to live with them. This is a sign of a caring father who, instead of choosing the modern way of letting his children go, decides to follow the traditional way of letting his daughters stay at home until such a time, as they get married. The fact that his adult daughters are still living at home creates a lot of tension between them a conflict that can be considered one between traditionalism and modernism. This is an emotional film to watch because it does not have any action but it instead deals with the emotional aspects of the people within it. It has a powerful plot that curiously creates an environment that displays the day-to-day lives of the characters. It is similar to the scenes that are increasingly becoming common in Taiwan, where th e traditional way of life is coming into conflict with the modern ways. While some people are trying hard to retain their culture, the younger generation seems to be moving away from it. When one watches this movie, one concludes that the old ways are losing out and that the best way to handle this transition should not be resistance, but acceptance. In addition, Chu’s slow loss of his sense of taste, something, which he depends on to earn a living, is highly symbolic. The sense of taste can be said to be a symbol of the traditional way of life and the way that it is inevitably going to end. The film itself is not boring because of the heavy drama, which is involved in every scene. The camera work is done so well that this film can be considered a rare phenomenon in the Asian