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Financial fraud
TSB hits out as social media fraud redress plan is dropped
...TSB’s data echoes similar findings from Barclays UK, where more than three-quarters of scams originate on tech platforms....
May 4, 2023
Mastercard Inc
Mastercard wins debit card deal with HSBC’s First Direct
...Mastercard had previously hoped to pass 20 per cent market share last year, but a proposed deal with TSB was shelved after unrelated tech problems at the bank forced it to put other projects on hold....
August 14, 2020
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Climate change
Saplings fly off the shelves as consumer brands turn green
...Planting promotions have extended beyond consumer goods, and been embraced by banks, such as TSB and Coutts, and Eurostar, the train operator....
February 27, 2021
UK banks
TSB delays moving millions of customers to new debit card
...However, Mastercard has signed up several new customers, including Monzo and Santander, since Visa Europe was bought out by its US parent Visa Inc in 2016....
August 27, 2018
City InsiderMatthew Vincent
Was Citigroup trader’s sandwich the most costly City lunch?
...But might “risk management” extend to taking a more hands-on role — as he did at TSB — if the Swiss scandal results in boardroom exits?...
February 7, 2020
fastFT
Opening Quote: TSB looks to new chief to stoke turnround
...New TSB chief executive appointed TSB has named former Clydesdale Bank executive Debbie Crosbie as its new chief, to lead its recovery from disastrous IT failures earlier this year that wiped out all its...
November 19, 2018
FT Live
Global Wealth Management Summit
Recalibrating business for multi-generational private clients
Wednesday, 6 November222 Marylebone Road, London NW1 6JQ, United Kingdom
UK economy
MPs launch inquiry into financial companies’ response to IT crises
...MPs have launched a full inquiry into financial services companies’ ability to prevent and respond to IT crises after high-profile incidents at companies such as Visa, TSB and Barclays....
November 23, 2018
Insurance
MPs demand tough penalties for financial IT blunders
...About 12,500 customers have asked to switch from TSB since its IT problems started....
June 8, 2018
Metro Bank
Metro Bank margins compressed by vigorous mortgage competition
...The Metro boss has been linked with the vacant chief executive role at rival lender TSB, but Mr Donaldson ruled out a move, saying: “I’m very committed to Metro Bank....
October 24, 2018
Cyber Security
Financial sector told to plan more for tech failure
...Recent IT failures at TSB and Visa Europe, which led to misery for millions of customers across Europe, have underscored the sector’s vulnerabilities....
July 5, 2018
Financial services
Visa’s European outage blamed on ‘very rare’ broken switch
...Earlier this month the Treasury committee took the unprecedented step of calling for the departure of TSB chief executive Paul Pester after an IT project at the bank ended with hundreds of thousands of customers...
June 19, 2018
Financial services
Santander strikes debit card deal with Mastercard
...More than 95 per cent of debit cards in the UK run on Visa’s network, but Mastercard has signed up several smaller banks since Visa’s European arm was bought out by Visa Inc in 2016....
May 2, 2018
Gender pay gap
Reputations on the line as UK gender gap deadline nears
...“Very daunting”: that is how Helen Rose, chief operating officer at TSB, the UK bank, sums up the initial experience of being one of the 9,000 British companies that are obliged this year to reveal for the...
March 8, 2018
Inside BusinessJonathan Ford
Britain is over-tolerant of monopolies
...Take the concentration of market power that occurred in the banking sector after the financial crisis, largely prompted by the merger of Lloyds TSB and HBOS....
October 15, 2017
FT AlphavilleChris Nuttall
FT Opening Quote – Minnie Mouse powers ABF’s Primark
...And, in 2015, TSB’s brief existence as a challenger, split off from Lloyds Banking Group, ended after just a year, when shareholders in the newly-floated bank accepted a £1.7bn bid from Spain’s Sabadell....
November 7, 2017
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Claer Barrett
In a decade, could Facebook tag our personal finances?
...TSB announced this week that customers with the new iPhone can use facial recognition technology to log in....
November 10, 2017
fastFTMatthew Vincent
Opening Quote: Primark’s performance is far from Mickey Mouse
...And, in 2015, TSB’s brief existence as a challenger, split off from Lloyds Banking Group, ended after just a year, when shareholders in the newly-floated bank accepted a £1.7bn bid from Spain’s Sabadell....
November 7, 2017
UK banks
UK challenger banks: room to grow
...TSB likes to point to its rapid mortgage growth, much of it brokered through intermediaries. So does everyone else....
April 21, 2016
Brexit
BoE warns of small bank vulnerability post-Brexit
...Challenger banks, such as Virgin Money, TSB, Metro, Aldermore, OneSavings and Secure Trust, have emerged during the past six years, bringing more competition to retail banking....
July 5, 2016
UK banks
UK’s ‘challenger’ banks surge ahead
...TSB, which was spun out of Lloyds Banking Group in 2013, was acquired last year by Spanish bank Sabadell in a £1.7bn takeover....
May 3, 2016
Brexit
Bank chiefs called to BoE to discuss Brexit impact
...The heads of the five major UK banks – HSBC, Barclays, Lloyds Banking Group, Royal Bank of Scotland and Standard Chartered – were present along with a few others including Nationwide and TSB....
June 29, 2016
UK banks
Citi poaches Davison to head EMEA financial institutions group
...He worked on deals including the listing of TSB by Lloyds Banking Group and the sale of certain assets by brokerage ICAP to its rival Tullett Prebon....
April 25, 2016
European companies
Caixabank’s profits dented by removal of mortgage floors
...Net interest income (excluding TSB) rose from €610m in the third quarter of 2014 to €674m this year....
October 23, 2015
UK banks
Capital rules choke challenger banks’ ability to compete
...Paul Pester, chief executive of TSB, a bank spun out of Lloyds to foster competition but taken over by Sabadell of Spain, uses the advanced model....
November 24, 2015
LexEuropean companies
Ireland: bank on it
...Lossmaking Permanent TSB, still 75 per cent state-owned, cannot follow suit just yet....
November 24, 2015

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