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...Griggs will also scrap the “trust solutions” and “consulting solutions” brands in favour of “assurance” and “advisory”. Tax accounted for 26 per cent of the US firm’s revenue before the split....
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...Metro is now targeting annual savings of £50mn a year — up from a previous goal of £30mn — which will result in branch closures and the departure of up to 800 staff....
...First, a more detailed financial breakdown of investment and consumer banking. Next, he is expected to confirm cost cuts of about £750mn....
...Fedspeak: Federal Reserve governor Michelle Bowman will deliver a virtual speech at a workshop on the future of banking hosted by the central bank’s Kansas City branch....
...I was just expected to shut up and wait. In modern consumer banking, it turns out, there is no direct accountability, no go-to person you can pester when you find yours is no longer a listening bank....
...They jokingly called their meetings, which often happened in the morning when the banker was on business trips in Frankfurt or Munich, “the breakfast trust”. The trial continues....
...It is committed to branch banking but customers can also use Nationwide’s mobile app. It uses sophisticated risk management including interest rate hedging....
...National Trust Woman will not be easily won over....
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...Its selling point was offering branch availability to its customers, seven days a week....
...At present, a branch of the main clearing house the Depository Trust and Clearing Corporation, called the Fixed Income Clearing Corporation, is the only venue where Treasury trades are cleared....
...Abrdn agree £1.2bn China trust merger (FT) Fast fashion: Shein is no shoo-in for pricey IPO (FT)...
...Another key holding for the investment trust is insuretech business WeFox, which is showing signs of rapid growth....
...The banking industry learnt this the hard way....
...So all correspondence, including bank cards and Pin numbers, was posted to her sister 300 miles away, although she wasn’t permitted to use online banking....
...One should obviously be careful about placing too much trust in simple modelling like this. The real world is messy....
...The purchase, which is set to catapult Nationwide into business banking and increase its share of the mortgage and savings market, is Debbie Crosbie’s boldest move since taking over as chief executive of...
...A steady stream of customers flowed through the Handsworth branch in the early afternoon, while Richard Trinder and his wife juggled parcels, processed bank deposits, and sold lottery tickets, stamps and...
...regulated roles in investment banking or for branch staff....
...Gilinski has a record in Latin America of buying banking assets cheaply and turning them into acquisition vehicles....
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...He filled it with artworks by contemporary artists and designers such as Jeff Koons and it became the National Trust’s most visited house....
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