Lloyds Banking Group, a 40% government-owned UK lender, is mulling to divest its German insurance business Heidelberger Leben to Frankfurt-listed insurer Hannover Re, in a transaction valued at approximately €400m ($533m). As part of ...
Tags: Lloyds Banking, Insurance
NatWest, a member of the Royal Bank of Scotland Group (RBS), has funded new machinery for Derbyshire packaging company Custompak. Custompak managing director John Baldwin said, "Like many small businesses, it's been an uphill struggle but ...
Tags: Natwest Funds, Packaging Machinery
Online payment service provider WorldPay has reduced the time it takes to perform analysis and management of firewalls from minutes to just 20 seconds, thanks to the tools provided by operational intelligence firm Splunk. That's what ...
Tags: Computer Products, software
UK-based Wellness Foods is said to be mulling a possible sale of its Rowse Honey business, a leading supplier of honey in the UK. According to media reports, the company has hired investment bank Rothschild to advise on the possible sale ...
Tags: Wellness Foods, Honey Business
At least 150 workers at CSR’s Viridian glass-making factories in western Sydney confront the closure of their plants and the destruction of their jobs, in the latest of the swathe of job cuts sweeping through the manufacturing sector ...
Tags: glass workers, glass, glass making factories
The Royal Bank of Scotland Group (RBS) is intending to dispose of 15.3% shares in its motor insurance startup, to boost its capital base ahead of regulators’ deadline. Representing nearly 229.4 million shares, the share sale will be ...
Tags: RBS, shares, motor insurance startup
Royal Bank of Scotland (RBS), the banking group that owns NatWest, has suffered another embarrassing outage when its computer systems crashed last night, leaving its 7.5 million customers unable to withdraw cash, access their current ...
I3 Solutions Group the vendor neutral critical IT and facilities consultancy - announces the appointment of banking sector IT guru Shaun Barnes as its UK and EMEA managing director MANCHESTER, ENGLAND, February 09, 2013 /24-7PressRelease/ ...
Tags: Shaun Barnes, EMEA, I3 Solutions Group
Octopus Investments (Octopus) in partnership with Lightsource Renewable Energy (Lightsource), its dedicated in-house solar development company, has announced that it had successfully secured funding from The Royal Bank of Scotland Corporate ...
The Co-operative Bank could write-down up to £200m of IT investments if it finalises a proposed acquisition of 632 Lloyds Banking Group (LBG) branches. The Co-op Bank's annual profits could be impacted significantly if its ...
Direct Line Group (DLG) has appointed IT consulting firm Capgemini as a partner in a five year contract to design, deliver and run a new IT infrastructure, as it looks to move away from RBS's data centres. The £100m deal, which ...
Tags: Direct Line Group, IT consulting, Capgemini, IT infrastructure
CA Technologies has confirmed to Computer Weekly it is working with Royal Bank of Scotland(RBS)to solve its current technical issues,which have left customers unable to access their funds since Thursday. The software supplier has been ...
Tags: CA Technologies, RBS
NatWest is today facing another significant outage, leaving customers unable to access online banking or use their debit cards. Customers have been complaining about the problems, with a number of readers contacting Computer Weekly to ...
Tags: NatWest, outage, debit cards, online banking, bank
Spanish bank Banco Santander has pulled out of its multi billion pound agreement to take over 316 Royal Bank of Scotland(RBS)branches,and the customers associated with them,because of IT integration problems. But sources say that IT ...
Tags: IT problems, RBS, deal
The Royal Bank of Scotland(RBS)Group has teamed up with Visa Europe to bring mobile payments to customers through its TouchPay scheme. The banking group–which includes RBS and NatWest–has introduced TouchPay cases for Apple ...
Tags: RBS, iphone, NFC payment