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Salmond bid to boost Scots banks | Salmond bid to boost Scots banks |
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Scotland has to prepare for the eventual upswing in financial services, according to the first minister. | Scotland has to prepare for the eventual upswing in financial services, according to the first minister. |
Alex Salmond will be delivering the message at a major industry event in Frankfurt this week. | Alex Salmond will be delivering the message at a major industry event in Frankfurt this week. |
He is leading a delegation that is trying to repair the damage to Scotland's reputation since its two biggest banks came close to collapse. | He is leading a delegation that is trying to repair the damage to Scotland's reputation since its two biggest banks came close to collapse. |
He will meet the president of the European Central Bank and the prime minister of Luxembourg. | He will meet the president of the European Central Bank and the prime minister of Luxembourg. |
In a conference address, he will say the industry will face change and pressure before a period of renewed investment, and Scotland has to position itself for that recovery. | In a conference address, he will say the industry will face change and pressure before a period of renewed investment, and Scotland has to position itself for that recovery. |
Labour opponents have recently criticised Mr Salmond, saying he is not doing enough to safeguard bank jobs. | Labour opponents have recently criticised Mr Salmond, saying he is not doing enough to safeguard bank jobs. |
The Royal Bank of Scotland and HBoS - which includes Bank of Scotland - both have headquarters in Edinburgh. | The Royal Bank of Scotland and HBoS - which includes Bank of Scotland - both have headquarters in Edinburgh. |
They needed a multi-billion pound bailout from the government a year ago. | They needed a multi-billion pound bailout from the government a year ago. |