The Co-operative bank has agreed to buy 632 Lloyds TSB and Cheltenham and Gloucester branches along with the millions of customers attached to them. The takeover will see the Co-operative eventually use a separated version of Lloyds ...
Tags: Lloyds Banking Groupp, IT platform, IT service, company news
UK based Pension Corporation, the specialist insurer which manages pension schemes’ risks, has raised nearly £300m by disposing some of its pension schemes to reinsurer Munich Re. The Munich Re arrangement has been initiated ...
Tags: Pension Corp, Pension Corporation, specialist insurer, pension schemes
UK based Pension Corporation, the specialist insurer which manages pension schemes’ risks, has raised nearly 300m pounds by disposing some of its pension schemes to reinsurer Munich Re. The Munich Re arrangement has been initiated ...
Tags: pension, insurance, pension scheme, Munich Re
RSA Group,a UK based commercial insurer,has appointed Martin Scicluna as its new chairman,effective from 01 January 2013. Scicluna,who holds considerable financial services experience,will succeed RSA's out going chairman,John Napier,who ...
Tags: RSA Group, New Chairman, commercial insurer
Bank of Scotland, part of the Lloyds Banking Group, has been fined £4.2m by the Financial Services Authority (FSA) for failing to keep accurate records of the mortgage payments of 250,000 Halifax customers. The blunder, which ...
Tags: Bank of Scotland, Lloyds Banking, FSA, Tracey McDermott
Bank of Scotland,part of the Lloyds Banking Group,has been finedGBP4.2m by the Financial Services Authority(FSA)for failing to keep accurate records of the mortgage payments of 250,000 Halifax customers. The blunder,which persisted from ...
Tags: Bank of Scotland, Financial Services Authority, mortgage records system
Some Lloyds TSB customers have been unable to get money from ATMs or use online customer services as a result of a system problem. Twitter account said: "We're sorry that customers are experiencing problems with some of our services, ...
Tags: Lloyds, System Error, ATM Problems, ASAP
The global financial services sector still faces upheaval, five years after the credit crunch decimated its ranks. But how have IT strategies changed in the years since the UK government was forced to nationalise Northern Rock? Five years ...
Tags: global financial services, IT strategies, IT infrastructure, software
CVC Capital Partners Ltd., the buyout firm that owns Formula One, agreed to buy Ahlsell AB for 1.8 billion euros ($2.4 billion) to expand in the wholesale supply of tools, machinery and building products. CVC is buying the Stockholm-based ...