Tuesday 15 June 2010

Laura Jane gets another distress call

More peculiar goings on at West Register – the secretive vehicle created by Royal Bank of Scotland in which it dumps its distressed assets. You'll recall that there seems to be a policy of constantly switching directors at West Register (Investments) and West Register (Property Investments). Now I note that one Laura Jane Barlow (already a director at the property group) has joined the board of the investment company. Oddly, virtually all the directors seem to be based in south-east England, despite West Register being located in Royal Bank's buildings in Edinburgh, while construction sources reckon the bank and its off-shoots are impossible to reach to do any deals. Developing…

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