Nobby

You want it all ways, you want out yet still want to be tied financially to rUK why ? As Mickey F would say if you are going Out , Out you should go. And its not a question of having it both ways the BOE should divide up assets and liabilities according to population size as should HMT for any money in the bank at that point and we should split. What you do from then on is down to the Scottish govt have a central bank dont have a central bank, join the Euro dont join the Euro its up to you, one of the joys of being independent.

Not a problem. down here i see it as rUK saying no to a currency union which they are perfectly entilted to do, independent countries should have their own currency (unless a union is agreed) SNP then said if you dont agree to a currency union we wont take any of the debt. Who exactly is threatening who there ? When you get divorced you get seperate bank accounts you could easily start up the "Bank of Alba" and issue the Scottish pound or you could ask to go straight into the Euro which was the SNP's preferred option a few years ago when they wanted to join the Ark of prosperity. Westminster bullied no one they have said no to something that the SNP have borderline (no pun intended) demanded. As i said I think a yes vote will be economically bad for both countries until the dust settles. The negotiation post yes will be interesting as will the relations between the two countries. Its been pointed out before that most divorces try to be amicable but end up having a ding dong at some point.

I know i shouldnt but i cant help myself, Westminster dictated nothing to Scotland. The SNP have dictated to rUK that we will get a currency union because its in our best interest and because of the sovereign will of the Scottish people. Well errr no thanks very much. unless it goes to a vote and its what the people of rUK want . Post a yes vote there will be significant changes for both sides and no one has explained them very well.

I wouldnt if I were you !!!! You want a Bank that is solid and run properly, put it in RBC if you dont fancy HSBC cue the profits warning/rogue trader over the weekend .......

What i believe is that the Liberals are gone and are irrelevant precisely because of the Tuition fees (and jumping in bed with the tories) if just one of the remaining parties puts a vote on CU in their manifesto and the other doesnt they will also be seen as lying scumbags (i would also agree that they all are) this currency union thing is far from a done deal no matter what the good people of Scotland think. As i said i believe there will be significant change on both sides of the border post a yes vote how much change remains to be seen but saying "all that will change is that we wont be ruled by westminster scumbags and we get the best of everything" isnt strictly true. both sides have done a shit job of explaining this to the population of Scotland.

I work in financial regualtion and trust me the banks are getting a proper kicking as well as the smaller firms who are not systemically important but are getting caught up in the tidal wave of regulation just like the big boys. As for currency union we will see but ALL the current party leaders have said no. this close to an election they will look pretty silly lining up and saying "sorry we were wrong" Alex was right all along. We'd probalby elect Farage just to prove a point !!!

As previously posted banking regulation is being sorted down here. Scotlands financial regulator would be starting from scratch I take it ? whilst you may see that as an opportunity to get it right I'd pull my cash in a heartbeat until you demonstrated youd got it right and that takes time

We get a vote in 2015. I'd wager the sensible party would put a vote on the currency union in its manifesto. we'd get one for the Euro why would a foreign country like Scotland be any different and be shooed in without asking the people ?

Im happy with RBS being regulated in the main where the bulk of its business is as with most of the others that are doing the same. now I get there will be hoots of laughter at that but if there is one thing that has changed since 2008 its how banks are regulated. And an independent Scotland might regulate differently i get that, I mean Alex was all for RBS buying ABN wasnt he ;-)

I would agree and whilst its fresh in the memory people are nervous and whatever you may think people will act with the herd when it comes to money and all the evidence so far points to a movement of capital south, not a flood granted but what will happen if you vote yes no one knows. Mr Salmonds financial policies so far consist of "it will all be wonderful nothing will change and you will still use the pound" now there will be significant changes some for the better some for the worse on both sides, personally i think that independence will initially be bad financially for both countries but will settle down after a while. I believe a figure quoted on here puts us as your biggest export market (82% was quoted) and i suspect we export quite a bit to you so its probably best we try to play as nicely as possibler but there are a shedload of uncertainities that are still unknown if the EU insists you sign up to schengen there could well be border controls, who knows ? they may insist on you joing the Euro you simply dont know for certain. That said independence should be about whether Scots want to be an independent nation not whether you'll be a couple of hundred quid a year better or worse off

RBS has to have a lender of last resort (the BOE and the UK taxpayer in this instance) that can bail it out if it all goes pete tong just like last time. The current situation in Scotland is unclear to say the least with NO guarantee of a currency union. If I had a shedload of money in that bank and it remained headquartered in Scotland I'd whip my money out pronto. What RBS and the other banks are doing makes financial sense if they didnt there could well be a run. Now you wont agree with me on this but your Mr Salmond hasnt handled the financials bit of his campaigning very well at all and has dictated to the rUK what will happen when and if you vote yes, well we might not just agree with you or Mr Salmond. As ive always said if its independence you want happy days good luck and bon voyage but dont tell me im in a currency union with you because its best for me . I'll make my own mind up thanks just like you will next week ;-)

Crack on then, but it would appear that a number of financial institutions would disagree

If and when you vote yes Scotland will be debt free as you will continue to use the pound without a currency union and walk away from the debt . I doubt HMT will write you a kite for 8.3% of the bailout money ;-) Get all your money into a bank that remains in Scotland that has no lender of last resort other than the newly independent Scotlands main bank account. Think you'll find that no matter how big most peoples nationalist leanings they will leave their money where it is !!

Away with your sense down here in rUK were doomed !!!! The sovereign will of the scottish people means we get a currency union (until something better comes along for Scotland) whether we like it or not feck the sovereign will of everyone else !!

Scotland the new Rangers