Alert Data News | Business | Companies | UK | Retail Banking & Consumer Financial Services

Cbg Financial Services Limited

Tue, 07 Feb 2012 09:30:46 +0000

Management buyout - business expansion strategy
CBG Financial Services has been sold by parent company Giles Group in a management buyout. CBG will now expand its existing services and move into new business sectors.

Brewin Dolphin Holdings PLC

Mon, 06 Feb 2012 09:30:46 +0000

Division sold - Management team moves to new advisory firm - 14% share of new company
Brewin Dolphin Holdings has sold the Brewin Corporate Advisory and Broking Division to new company N+1 Brewin, which was formed following the acquisition. The management team of the division has also moved to the new firm. Brewin Dolphin has retained an interest in the division and holds a 14% share.

Garbutt & Elliott Limited

Mon, 06 Feb 2012 09:30:46 +0000

New Managing Director appointed
Accountancy firm Garbutt & Elliott, which has offices in York and Leeds, has appointed Simon Holt as Managing Director of its wealth management subsidiary, G&E Wealth Management. Mr Holt is a former Managing Director of Skipton Financial Services, the advisory arm of Skipton Building Society, which he headed up for 13 years. Russel; Turner is Managing Director of Garbutt & Elliott.

Yorkshire Building Society

Mon, 06 Feb 2012 02:14:22 +0000

40 new jobs - N&P customer services expansion
Yorkshire Building Society is creating 40 new jobs at Norwich & Peterborough Building Society's base in Peterborough. Yorkshire Building Society merged with Norwich & Peterborough Building Society in 2011. The new customer service roles will include some managerial positions.

Santander UK PLC

Fri, 03 Feb 2012 10:10:49 +0000

Profits down 40% - £538m PPI compensation costs
Banking group Santander UK Plc's profits fell 40% to £993m in the year to December 2011. The group set aside £538m to deal with compensation claims for mis-sold payment protection insurance (PPI). Excluding this provision, profits fell 6% to £1.5bn. The bank expects 2012 to be a difficult year for the banking industry.

Lloyds Banking Group PLC

Fri, 03 Feb 2012 09:00:11 +0000

Non Executive Director Appointed - Director for Wholesale to Retire
Lloyds Banking Group have appointed of Sara Weller as a non-executive director. Ms Weller will join the Board with effect from 1 February 2012 and will serve as a member of the Remuneration and the Risk Committees. Truett Tate, Executive Director for Wholesale, has decided to retire from the Group at the Annual General Meeting in May 2012 and will therefore not seek re-election. Sir Winfried Bischoff is Chairman.

Garbutt & Elliott Limited

Thu, 02 Feb 2012 07:22:30 +0000

Team Strengthened - New Wealth Management MD Appointed
Accountancy firm Garbutt and Elliott has strengthened its wealth management subsidiary, G&E Wealth Management, with the appointment of Simon Holt as managing director. Mr Holt was previously managing director of Skipton Financial Services, the advisory arm of Skipton Building Society.

Metro Bank Plc

Thu, 02 Feb 2012 01:21:27 +0000

300 New Jobs - 10 New Branches - Company Growth
Metro Bank, Britians first new high street bank for more than 100 years, modelled on US bank Commerce, is doubling branch numbers to 20 in 2012 creating 300 jobs. Craig Donaldson is Chief Executive.

UBS LIMITED

Wed, 01 Feb 2012 12:46:35 +0000

New UK headquarters - potential new jobs
UBS Ltd has completed a deal with developers for a new 700,000 sq ft headquarters at the Broadgate estate in the City of London. Construction is expected to be completed in the final quarter of 2014. The development is expected to create a significant number of jobs.

SUN EUROPEAN PARTNERS LLP

Tue, 31 Jan 2012 10:04:55 +0000

Bon Marche Acquired - 1,400 Job Losses - 160 Store Closures
Bonmarche, the West Yorkshire-based fashion chain, has been sold to private equity firm Sun European Partners, which also owns the Alexon and Jacques Vert brands. The agreement covers the entire chain apart from three stores, with the firm continuing to run 230 outlets and closing around 160. The store closures mean it will continue to employ about 2,400 of the chain's 3,800 strong workforce.