TITLE

How will the UK's new banks look?

AUTHOR(S)
Flinders, Karl
PUB. DATE
November 2009
SOURCE
Computer Weekly;11/10/2009, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article offers information on the changes occurring in Great Britain's banking sector. It mentions that government-owned Royal Bank of Scotland (RBS) and Lloyds TSB Bank PLC are selling their high-street branches and financial services business. This is expected to help in creating space for three new high-street banks. It states that the new banks will get an opportunity to differentiate themselves with innovative Information Technology (IT) and invest in social media to reach customers.
ACCESSION #
45432826

 

Related Articles

  • Untitled. Flinders, Karl // Computer Weekly;11/10/2009, p12 

    The article discusses the plans of the Royal Bank of Scotland (RBS) and Lloyds TSB Bank PLC to sell out their business units and retail branches due to technical challenges faced while dealing with their Information Technology (IT) systems. Robert Morgan, director of outsourcing consultancy...

  • Banks should follow the lead of the food industry. Pitcher, George // Marketing Week;6/17/2004, Vol. 27 Issue 25, p29 

    Focuses on the importance given by retail banks on improving customer service in Great Britain. Announcement of Barclays Bank PLC to cut staff from its headquarters and recruit more branch staff; Efforts of the Royal Bank of Scotland PLC to reduce branch queues; Plans of Lloyds TSB Bank PLC to...

  • £37bn bail-out unlikely to aid commercial borrowers.  // EG: Estates Gazette;10/18/2008, Issue 841, p33 

    The article considers the British government's capital injection for Royal Bank of Scotland, HBOS and Lloyds TSB and its impact on commercial lending, property and banking. The government bail-out of the three banks is unlikely to increase the availability of debt for commercial property....

  • Lloyds, RBS kick off post-crunch panel reviews. Goswami, Nina; Hoare, Steve // Lawyer;11/17/2008, Vol. 22 Issue 45, p1 

    The article reports on the move of Lloyds TSB Bank PLC and Royal Bank of Scotland (RBS) to kick-off its post-crunch panel agreements in Great Britain. Both banks started to review its agreements concerning Lloyds' HBOS PLC takeover, as well as the seeking of bailout from the government by RBS. A...

  • UKFI to manage government's bank shareholdings. Murray, John // Lending Strategy;Nov2008, p7 

    The article announces that the UK Financial Investments (UKFI) will manage Great Britain's shares in Royal Bank of Scotland and Lloyds TSB/BOS on a commercial basis. The appointment aims to protect and create value for taxpayers, pay due regard to stability and promote competition. UKFI is also...

  • DIGESTS.  // Marketing Week;11/28/2002, Vol. 25 Issue 48, p11 

    Presents marketing-related news items, as of November 28, 2002. Advertising agency selected by RBS Advanta; Mother's first advertising campaign for the telephone company Orange PLC; In-store promotion created for Lloyds TSB Bank PLC.

  • Bank aid sends debt to £2trn. Jones, Lee // Money Marketing;2/26/2009, p24 

    The article reports on the issue concerning the British government aid for Lloyds TSB Bank PLC and Royal Bank of Scotland (RBS), which added £ 1.5 trillion to the national debt in Great Britain. It states that the Office of National Statistics had to categorize RBS and Lloyds as public sector...

  • BANKING: Banks battle it out for business from business.  // Accountancy;Feb2002, Vol. 129 Issue 1302, p55 

    Halifax Bank of Scotland (HBOS) has launched a new business current account, which pays base rate minus 2% on balances of £1 or more. With base rate at 4%, the new account is paying business customers 2% on their balances. HBOS was formed last year from the merger of Halifax Corp. with the...

  • RBS's restructuring must not overlook the continued importance of the branch network to consumers.  // MarketWatch: Financial Services;Aug2012, Vol. 12 Issue 8, p25 

    The article reports on the reorganization initiative of Royal Bank of Scotland (RBS) in response to the implementation of the Retail Distribution Review (RDR) requiring advisors to charge an upfront service fee in Great Britain in 2013. It says that RBS will cut 618 posts from its in-branch...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics