Bopara rains on frustrated India’s parade September 11, 2011 ENGLAND captain Alastair Cook believes his side are ready to be considered a genuine force in the one-day game after they clinched the NatWest Series against India with a rain-affected tie in the fourth ODI at Lord’s. The tourists looked primed to gain a belated first win of their tour after posting 280-5, but Ravi [...]
Sproting bet September 8, 2011 City AM has teamed up with Sportingbet, the official betting partner of the English Test Match Grounds, to offer readers the chance to win a pair of tickets to the sold out NatWest One Day International between England and India at Lord’s on Sunday September 11. The lucky competition winner and their guest will receive [...]
Equiniti snaps up NatWest division September 5, 2011 SHARE registrar and business services group Equiniti has bought the corporate and employee services division of NatWest Stockbrokers. Equiniti declined to disclose the value of the deal, which comes a week after City A.M. reported that the private equity-backed firm was looking to make more acquisitions. Wayne Story, chief executive, yesterday said the deal brings [...]
RBS inks deal for mobile apps August 31, 2011 ROYAL Bank of Scotland has penned a deal with mobile banking specialist Monitise to expand its phone banking and payments services. Monitise said the five year partnership will see it build new, more interactive mobile apps for RBS, NatWest and Ulster Bank customers, in an extension of existing ties between the two companies. Shares in [...]
Haste goes out on a high as business he rebuilt turns in solid performance August 4, 2011 RSA’s outgoing chief executive Andy Haste will be well remembered as the man who turned the British insurance company’s fortunes around. After taking on the floundering insurer in 2003, when its market value stood at £1bn, his eight years at the helm have proved ultimately successful. Faced with huge losses, Haste was quick to make [...]
CITY MOVES | WHO’S SWITCHING JOBS August 3, 2011 Barclays Andrew Hall will move to Barclays as a wealth adviser from Towry, where he worked from August 2010. Previously he worked with Bank of Scotland Investment Service, part of Lloyds Banking Group. Hall will be based in Glasgow Office, starting on the 25 July. He will be joined by Robin Clements, who joins the [...]
CAREERS NEWS | IN BRIEF July 27, 2011 RECORD GRADUATE DEMAND Demand for graduate positions and work experience are at a record high, says Ernst & Young (E&Y). Graduate applications at E&Y were up almost a third this year. This is in keeping with the results of the biannual survey from the Association of Graduate Recruiters. That shows the number of applications for [...]
BUSINESS MARKETING CAMPAIGN OF THE YEAR June 28, 2011 INNOVATION was the key for this year’s shortlist. Microsoft proved that it is still an innovator with “Cloud Power”; Barclays Stockbrokers and American Express brought novel techniques to bear in their campaigns; Locog kindled new enthusiam for 2012; and NatWest showed that a new enthusiasm for better service is the best ad of all. Don’t [...]
Moody’s puts 14 UK banks on negative rating outlook May 24, 2011 MOODY’S has put 14 of the UK’s biggest banks on review for a ratings downgrade due to regulatory efforts to resolve the “too big to fail” problem. The move could significantly increase borrowing costs for banks as regulators draw up plans to reduce the likelihood that taxpayers will have to bail out failing banks in [...]
BANK EXODUS AS TRADERS JUMP SHIP FOR HEDGE FUND MILLIONS April 25, 2011 THE BRAIN drain from the City’s leading banks has started, as The Capitalist can reveal traders at JP Morgan Chase, RBS, UBS and Lloyds have gone behind bosses’ backs to apply to a hedge fund that promises to make them millionaires within a year. The deserting bankers are on the shortlist for Mike Baghdady’s Trading [...]