Grievance Letter And Court Structure Illustrated By Emilio Botin Grupo Santander Banking

UK employment disputes grievances and court structure is illustrated by the high-profile Chagger v Abbey National plc & Hopkins (2006) legal case, where the Tribunal made a finding of racial discrimination which led to the record 2.8 million compensation award. Abbey Santander banking group (the UK retail bank due to be re-branded as Santander price, and being part of the gigantic Emilio Botin Banco Santander Central Hispano Group, BSCH) terminated Balbinder Chagger’s employment in 2006, asserting compulsory redundancy as the reason. Mr Chagger, on the other hand, believed the true reason behind his dismissal was racial discrimination. Mr Chagger was of Indian origin and worked as a Trading Risk Controller for Santander 2009. He earned about 100,000 per annum and reported into Nigel Hopkins.

An employee who has suffered employment related unfairness and/or discrimination could decide to make an appeal. The initial place of appeal would be to the employer, in the form of a formal grievance. The employee lodges a formal grievance letter with the employer, and the employer is responsible for processing the grievance and deciding the outcome. Thus, the employer is given the first the opportunity to handle the employment dispute and to close it satisfactorily. Mr Chagger’s grievances and issues, however, were simply dismissed out of hand by Emilio Botin Abbey Santander share price.

If the employee and the employer are unable to resolve their employment dispute by themselves, then the employee may appeal to an Employment Tribunal for an objective resolution. UK Employment Tribunals will hear matters about redundancy payments, unfair dismissal and discrimination. Mr Chagger took his matter to the Employment Tribunal by initiating legal action against both Santander Abbey and Mr Hopkins, on the grounds of unfair dismissal and racial discrimination. The Employment Tribunal considered the evidence and ruled that Mr Chagger had in fact been both dismissed unfairly and racially discriminated against by both Abbey Santander and Mr Hopkins. In order to remedy the wrong of race discrimination Santander Abbey had committed, the Employment Tribunal ordered the company to reinstate Mr Chagger. However, Santander Abbey refused to comply with the Employment Tribunal’s reinstatement order. The Employment Tribunal then ordered Abbey Santander to pay Mr Chagger 2.8 million compensation for his loss, as an alternative to reinstatement.

The party that is dissatisfied with the Employment Tribunal’s ruling may appeal to the next higher-level court, being the Employment Appeal Tribunal (EAT). The EAT will look into appeals against rulings made by the Employment Tribunals. The appeals must only be about points of law (i.e., an appeal must only be about mistakes in legal reasoning by the Employment Tribunal). The EAT will not look into matters about facts of the case. In 2008, Santander Abbey and Mr Hopkins appealed to the EAT against the Employment Tribunal’s ruling of racial discrimination and against the record-breaking 2.8 million compensation awarded. The EAT considered the appeals. It upheld the original Employment Tribunal’s ruling that Santander Abbey and Mr Hopkins had racially discriminated against Mr Chagger in respect of his dismissal. However, it accepted Santander Abbey’s appeal concerning the 2.8 million compensation award and decided to send back the compensation amount to the original Employment Tribunal for reconsideration.

The party that is dissatisfied with the ruling of the EAT may make an appeal to the next higher-level court, the Court of Appeal (the second highest court in the land). The Court of Appeal will look into appeals against rulings made by the EAT. As before, the appeals must only be about points of law (i.e., an appeal must only be about mistakes in legal reasoning by the EAT). The Court of Appeal will not look into matters about facts of the case. In 2009, the Chagger v Santander Abbey case was appealed to the Court of Appeal. The Court of Appeal’s List of Hearings showed that the case was heard on 7 and 8 July 2009. The Court of Appeal’s records concerning the outcome of the hearing were not available at the time of writing this article. The 11KBW set of barristers’ chambers (who represented Santander Abbey and Mr Hopkins), had reported that the hearing was to be only about quantum (i.e., compensation) and not liability also (i.e., not racial discrimination also). That would appear to suggest that the wrong of race discrimination committed by Abbey Santander and Mr Hopkins was finalised by the EAT (it upheld the original Employment Tribunal’s finding that Mr Hopkins and Santander Abbey had racially discriminated against Mr Chagger), and that Mr Chagger had appealed against the EAT’s ruling to send back the compensation amount back to the Employment Tribunal stage for reconsideration.

The party that is dissatisfied with the ruling of the Court of Appeal may appeal to the next higher-level court, the House of Lords. Appeals to the House of Lords require the Court of Appeal’s approval. Furthermore, the Court of Appeal must require the House of Lords to decide upon a question of general public importance. As previously, appeals to the House of Lords must only concern points of law and not be about facts of the case. The House of Lords is the highest court in the land and the final stage of appeal for most legal cases in the UK. Occasionally, cases may be approved for appeal to the European Court of Justice, which has jurisdiction on matters of European Community law.

Why banking degree is beneficial for you

Several private and the public institutes that offer many courses, which on perusing and completion provide degree in banking. One of these prestigious institutes is SMF Institute of Higher Learning. The most advantageous aspect of this institute is that they provide banking degree. Another advantage of this institute is that you can peruse the courses part time or full time, as per your convenience.

All those persons who have appeared for becoming banking degrees degree in this sector, gain specializations in various areas like – business laws prevailing in capital market, global business administration and Cost Accounting & Services, Taxation of monetary Services, Banking Communication, Environmental and organization of Financial services, etc.

Banking is one of the most enthusiastic careers field in present scenario which deals with the fields of commerce and accounts. Multiple opportunities are beginning to occur according to the changing scenario, thus, one is required to give their best to clear the necessary entrance exams in order to obtain degree in banking. Banks provide numerous job opportunities to each and every eligible candidate who have finished their graduation/Post graduation or any other diploma in appropriate fields.

The qualifying exam is very competitive and thus required immense practice in the areas of numerical aptitude, English language, general knowledge and logical reasoning. Interview for eligible people will be done to check the attitude and required knowledge over the particular bank. Choosing bank as a professional choice is a good decision for all those people who desire to explore within market.

The degree gets completed in sixteen to twenty four months, depending upon the full time or part time course you adopt. Many courses will be submitted through written assignments and through examinations. For the ease of working, classes are held on workaday evenings or weekends. The course fees involve institute registration, notes, chosen articles, coursework, main exams, on completion and transcription. Entire fees can be given in four installments.

It is advised to go through CAT entrance exam to obtain entrance in top business schools since they provide the most excellent banking courses too. MBA in Banking will definitely help you to get a banking degree and the necessary qualification vital to develop into a successful candidate in the booming banking sector.

After you complete your course, the degree is awarded by Murdoch University, Perth, Western Australia, which increases your chances of getting placed in all reputed private banks like ICICI, etc and also in public sector banks like Bank of Baroda, Reserve Bank of India, etc. The admissions in this institute take place in January or May or September.

The author’s tells about the beneficial information about Bachelor in banking. So you should read this editorial carefully and complete degree in banking within few years. For more on visit smf.edu.sg/en/bachelor-of-commerce-banking

Company Profile Of Syz & Co Private Banking

SYZ & CO Private Banking : Company Profile and SWOT Analysis’ contains in depth information and data about the company and its operations. The profile contains a company overview, business description, SWOT analysis, key competitors, key facts, key employees, locations and subsidiaries as well as information on products and services.

Summary
This SWOT analysis and company profile is a crucial resource for industry executives and anyone looking to gain a better understanding of the company’s business.
http://www.companyprofilesandconferences.com/researchindex/Banking-Finance-c2/SYZ-CO-Private-Banking-Company-Profile-and-SWOT-Analysis.html
‘SYZ & CO Private Banking : Company Profile and SWOT Analysis’ report utilizes a wide range of primary and secondary sources, which are analyzed and presented in a consistent and easily accessible format.WealthInsight strictly follows a standardized research methodology to ensure high levels of data quality and these characteristics guarantee a unique report.

Scope
– Examines and identifies key information and issues about ‘SYZ & CO Private Banking’ for business intelligence requirements
– Studies and presents the company’s strengths, weaknesses, opportunities (growth potential) and threats (competition). Strategic and operational business information is objectively reported
– The profile also contains information on business operations, company history, major products and services, key employees

Reasons To Buy
– Quickly enhance your understanding of the company
– Gain insight into the marketplace and a better understanding of internal and external factors which could impact the industry
– Recognize potential partnerships and suppliers

Table of contents
1 Business Analysis
1.1 Company Overview
1.2 Business Description
1.3 Major Products and Services
2 SWOT Analysis
2.1 SWOT Analysis – Overview
2.2 Strengths
2.3 Weaknesses
2.4 Opportunities
2.5 Threats
3 Company Statement
4 History
5 Key Employees
6 Key Employee Biographies
7 Locations and Subsidiaries
7.1 Head Office
7.2 Other Locations and Subsidiaries
8 Appendix
8.1 Methodology
8.2 Disclaimer
For more information kindly visit:
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Modern Trend of Banking Through Mobile Application Development

The technology of internet banking gave customer’s anytime access to their banks. Customer’s could check out their account details, get their bank statements, perform transactions like transferring money to other accounts and pay their bills sitting comfortably in their homes and offices.

However the biggest limitation of Internet banking was the requirement of a PC with an Internet connection, not a huge difficulty if we look at the US and the European countries, but definitely a big barrier if we consider most of the developing countries of Asia like China and India. Mobile banking addresses this basic limitation of Internet Banking, as it reduces the customer requirement to just a mobile phone.

Initially the web development companies focused on the mobile games. It took some period for developing mobile applications for the banks. Most of the people with the internet connection on their desktop PC and laptops had got used to operate the accounts from their homes or offices. Now that the banks have started offering services with the help of web development India, the accounts can be handled from the smartphones.

In earlier days websites were designed to be compatible with the browsers and the hardware features of the desk top PC and lap tops. The screen of the monitor is much larger than that of the mobile phone. The resolution also differs. When the website cannot be displayed properly on the screen of the mobile phone, the person seeing it will not be interested in that website and never going to buy anything through that website. This is the reason why web application development services need to be availed and get the website designed in such a way that is correctly displayed on the screen of the monitor. The image resolution also needs to be higher.

Online banking is one such group that is fast finding its way in mobile devices. The applications accessible today for the banking sector are quite sophisticated. While some offer the same features as that are available for online banking, other applications are aiming to offer increased functionality.

Even with the potentially high cost of mobile banking application development, banks across the world are conscious that flexibility and convenience are what customers want, and they are responding with a variety of options for banking. Mobile banking is perhaps the most widely available of these choices.

Mobile banking has become really popular owing to the benefits that it offers its customers. You can access your account, pay bills, and make cash transfers through cell phone banking. It offers many benefits over internet banking and banking in person. With the extensive range of mobile connectivity, mobile banking through cell phone can be accessed by anyone.

The challenge for developers focusing on mobile banking applications is to address the security concerns, as these concerns are limiting mobile banking development. If mobile applications for the banking sector are made hazard free and the security concerns are sufficiently addressed then, it can bring about a foremost change in the way we bank.