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 [...]
RBS and NatWest downgrade 84,000 private bank accounts April 3, 2014 TENS of thousands of RBS and NatWest’s richest customers are being downgraded to normal accounts because they do not meet tough new criteria for the private bank, City A.M. has learned. The bank has written to 120,000 customers to tell them about the changes. Under the new rules customers will need an individual income of [...]
London’s 13 favourite skyscrapers ranked March 27, 2014 A report out two weeks ago documented over 236 skyscrapers coming to the city – over double what it’s got now. London's long been thought of as a low-rise city – compare it with New York and Hong Kong – but it looks like its skyline's in for a shift – upwards. How do Londoners [...]
Nationwide seizes market share February 20, 2014 THE NATIONWIDE is grabbing more current account and mortgage customers from the big four banks, the building society revealed yesterday. The growth pushed up profits as the lender’s interest margins improved. Nationwide made £21.6bn of mortgage loans in the nine months to December, up 34 per cent on the year. The growth is faster than that in [...]
RBS brands lost £722m in value over tough 2013 February 2, 2014 BRITISH banks’ brands are soaring in value around the world, according to consultancy Brand Finance, with the exception of RBS which has lost out sharply in the last year. Falling revenues at the state-backed bank are partly to blame, but the agency believes Lawrence Tomlinson’s claims that the lender forced small businesses to the wall [...]
The week in brief February 2, 2014 Jamie Oliver launches ad production business Celebrity chef Jamie Oliver is launching a production house that will specialise in the creation of commercials, Campaign reported last week. The business, Fat Lemon Productions, will be led by executive producer Jane Bolton, formerly at Picasso Pictures and Nexus Network, and producer Cabell Hopkins, previously a producer M&C [...]