Tonight
I will strive to stay off Religion, Politics and Business.
When
Banco Santander bought a British bank I wondered out loud here whether they'd
display the standard Spanish approach to client service and, if so,
how well they'd do. From time to time since then, I've read that
Santander were consistently the leader of the pack when it came to
complaints to the banking ombudsman. Against that, though, they
seemed to be having some success in gaining new clients through
aggressive and effective ad campaigns. Today, though, comes an
article in The Times which is decidedly critical of Santander.
Perhaps it's a riposte to the anti-British slogans being bandied
about here by striking Iberia personnel, but I rather doubt this. Anyway,
here's part of the article. Despite Rupert Murdoch's paywall, you may
be able to read the whole thing here:- Ana
Botín has emerged from the sordid scandals that have engulfed the
UK’s banks with a reputation largely unscathed. Past and former
bosses of the other big high street banks barely need to open their
mouths to have the nation spluttering in anger. But Ms Botín, the
52-year-old head of Santander UK, has had an easy ride, brushing off
more muted criticism with an unruffled ease. Her charm,
though, is wearing thin. Surely, this is the worst bank in Britain in
terms of customer service, and it seems odd that Ms Botín, part of
the Spanish family dynasty that controls Santander, is not taking the
rap. Letters and e-mails that have winged in to Times Money’s
Troubleshooter column since she took the helm in December 2010 speak
of a bank focused on sales targets, not service. A workplace where
the pressure is to sell, sell, sell. A bank that fobs off and
frustrates customers with genuine complaints. When it does own up to
wrongdoing, it is the frontline staff who get roasted while those at
the top are cushioned from blame. . . . This week we learnt that the
bank is facing a fine after giving misleading investment advice. Five
other banks and building societies were caught out in the regulator’s
mystery shopping exercise, but it appears that only Santander’s
advice was so bad that it now faces sanctions. . . . When
challenged, Ms Botín says she wants to make “every single customer
happy”. Sometimes this is translated into action: Santander has
made moves to ensure its incentive scheme for staff is made more
customer friendly. But her language too often suggests complacency at
best, an arrogant disregard at worst.
Which, in truth, is a comment that could be made of many Spanish
politicians as well. Plus their businessmen friends.
Talking
of which . . . This week Spain is witnessing its second largest
company bankruptcy ever. Like the first, it's a property company –
Reyal Urbis. Who can say with confidence there won't be more?
But
it's not only politicians and businessmen who can get away with
murder. A Catholic Cardinal who covered up child abuse cases in the
USA is not only still in his job but will, he says, be taking a trip
to Rome to vote in the imminent Papal ballot. I'm guessing his own
odds will be long. And being white won't help.
Which
reminds me . . . The man who's accused of stealing valuables and
money from the Cathedral of Santiago over a period of 20 years has
said he'll be describing the out-of-hours things that used to take
place within its hallowed walls. Including the sex. Will the case
proceed, I wonder?
Finally,
but still with Spanish
businessman . . . Javier Rigau, 51, is being sued by Gina
Lollobrigida(85?) for fraud. She asserts he faked their marriage in
an attempt to steal her €40m fortune after her death. Strangely,
though, there seems to be evidence that she was complicit, even
though the wedding took place in Barcelona, with a friend standing in
for her.
Well,
that wasn't too hard, was it?
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