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Trust in banks collapses

The 2009 Edelman Trust Barometer has found that trust in banks has collapsed while Government...The 10 th edition of the report, released today, found that trust in banks fell 16 points to 31 per cent, while energy and media both dropped 13 points to 32 per cent and 21 per cent respectively. All three industries enjoyed a trust bounce last year. Trust in media was lower in the UK than any ...

Santander to rename banks

Spanish banking group Santander is to rebrand its Abbey, Alliance & Leicester and Bradford...The £12m process, incorporating 1300 branches, will be completed by the end of 2010. Santander uses its brand in more than 40 countries, but, to date, it has received UK exposure only through its sponsorship of the Formula One British Grand Prix. Recent ads for its UK high-street banks have also carried ...

Banks must 'rebuild public trust'

Alistair Darling and Gordon Brown have told banks they have to 'rebuild public trust'. The warning ... Herculean task. The Chancellor's speech at the Financial Services Authority on 27 March called on banks to show the public they had 'learned lessons', while the PM demanded banks adopt 'family values' in a ...

UK consumers lose faith in banks

UK consumers perceive banks to be 'greedy' and 'impersonal' according to a new report launched...The Financial Confidence Survey, commissioned by Cohn Wolfe, found that 49 per cent of consumers identified greedy' as their perception of financial institutions. Over a third (36 per cent) said they were impersonal' and 34 per cent said they were distant'. Only two per cent said they thought banks were ethical ...

Santander rebrands corporate and commercial banks

LONDON - Banking giant Santander has confirmed plans to rebrand its UK corporate and commercial...Abbey UK Corporate Banking and Alliance Leicester Commercial Bank will take on the name Santander Corporate Banking. The group's 20 regional corporate banking centres will be rebranded over ... to Santander Corporate Banking is a clear demonstration of our ambition to become the bank of choice ...

Hotline: John Banks steps down at Imagination

John Banks is stepping down as the executive chairman of the brand consultancy Imagination three...Banks, 64, whose agency career spans more than four decades, will continue working as a consultant to the company. He joined Imagination in September 2006, having given up the chairmanship of FCB London the previous year. ...

Banks must face up to bonus criticisms

Under-fire banks have been criticised for their unwillingness to argue their case under a barrage...they were ready to introduce measures to clamp down on the bonuses paid by the UK banking sector. The comments follow news that, despite the banking crisis, UK banks paid out 7.6bn in bonuses between December ... for itself. Stewart Prosser of Prosser Associates said: 'Banks have to a do a better job of explaining ...

COI offers state-supported banks marketing assistance

-owned banks, offering them full use of its services....Despite the Treasury having control of Northern Rock and holding majority stakes in Lloyds Banking Group (LBG) and Royal Bank of Scotland (RBS), all three are managing procedures such as agency ... that it was willing to make its expertise available to the banks. 'We'd be delighted to talk to any of the relevant ...

Hotline: Lucy Banks has left ZenithOptimedia

Lucy Banks, the creative director of ZenithOptimedia, has left the agency. Banks, who joined

City Republic: Banks in the last chance saloon

including insuring 90% of the major UK banks' "toxic" assets, mainly packages of iffy mortgages...At the same time Royal Bank of Scotland, arguably the biggest loser in the credit crunch ... of Dutch bank ABN Amro in 2007. To help the bank the Government is to convert its holding of preference ... and Chancellor Alistair Darling hope this will finally get the banks lending at desired (by them) levels again ...

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