RBS mulls sale of Coutts’ units outside the UK August 11, 2014 Coutts might sell off its overseas arms, RBS told staff yesterday, as the bank looks to cut back its foreign operations even further. But the famous private bank’s UK business will not be sold, whatever happens to the rest of the group. RBS has refocused its operations on the UK since it collapsed [...]
Exclusive: RBS is big loser of seven-day switching while Santander wins customers July 22, 2014 RBS is losing the battle for banking customers, City A.M. can reveal, shedding 171,400 customers through the seven-day switching system and gaining just 95,000 current account customers. Overall, RBS and NatWest have lost a net 76,200 through the system since it was launched last September, according to City A.M. calculations based on figures from survey firm [...]
Why you should get over Salesforce Tower’s name – it’s good for the City July 8, 2014 The proposal to change the name of Heron Tower, one of the tallest buildings in the City of London, to “Salesforce Tower”, has been met by more than its fair share of controversy. People have always been resistant to change, but in this case, many of the objections raised seem to be particularly short-sighted. First, [...]
RBS cuts branch managers in London in latest efficiency drive June 18, 2014 NATWEST has cut more than 200 branch managers across England, Wales and London in a bid to drive costs. The RBS brand previously had five grades of branch manager and has reorganised them into just two grades – those who run big branches and those in charge of smaller sites. It is cutting 361 positions, then [...]
Don’t worry – despite the name shame, Salesforce Tower’s in pretty good company May 27, 2014 Hardly a day goes by when one of London’s newest skyscrapers isn’t making headlines and this week it’s the artist formerly known as Heron Tower. Last week it emerged that the building, on the City’s Bishopsgate, had signed a deal welcoming a new (and largest) tenant, American CRM giant, Salesforce. As part of the [...]
RBS mobile banking hit by IT flaw May 23, 2014 Some of Britain's biggest banks have been suffering from an IT fault that affected mobile banking customers across the country. Both RBS and Natwest encountered problems with their mobile banking services, with the trouble starting around 8:30am and continuing through till 2pm. Speaking to Sky News, a spokesman for RBS Group said: We are aware [...]
City Moves for 16 May 2014 | Who’s switching jobs May 15, 2014 Fujitsu The technology company has announced the appointment of Michael Keegan as head of UK and Ireland. He has previously held senior leadership roles at Magex, MasterCard, Royal Mail Group and NatWest. KPMG The professional services firm has made four senior appointments to its cyber security practice. Phillip Hodgins has over 12 years’ experience helping executives [...]
City Moves for 07 May 2014 | Who’s switching jobs May 6, 2014 Aviva InvestorsThe asset management business has appointed Katherine Wade to its equity investment team. She has more than 20 years’ experience and joins from Citigroup, where she was an equity sales generalist. Prior to that, Wade held sales and research roles at NatWest Securities and Bankers Trust. Deutsche BankThe bank has announced the appointment of [...]
City Moves for 15 April 2014 | Who’s switching jobs April 14, 2014 Mount Anvil The property developer has appointed Jon Hall as sales and marketing director. He joins from Berkeley Homes, where he has been a sales and marketing director since 2011. Hall has also held roles at St Modwen Properties. PwC Ian Oakley-Smith has been appointed head of PwC’s charity sector team in the UK. He [...]
Barclays still most complained about bank, yet gripes decrease April 9, 2014 BARCLAYS Bank saw the highest number of complaints to the Financial Conduct Authority between July and December 2013, figures showed yesterday. Overall, the bank notched up 309,494 complaints – which was down 17 per cent compared to last year, followed by Lloyds Bank with 256,656, which was a decline of one per cent. The FCA [...]