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HMV set to breach banking covenants after tough Christmas trading

in its banking covenants after worse than expected Christmas trading....that it was "unlikely" to meet its next banking covenant test in January 2013, but said it continued to hold "regular and constructive" discussions with its banks. In its interim financial trading statement, new chief executive ...

Marketing 'to blame' for lack of trust in banks

Senior banking executives have argued that marketing is to blame for the breakdown of consumer...provider Monitise, discussed the deteriorating relationship between banks and their customers. David ... with banks", and instead claimed, "like is the problem word". He said the slow adoption of technology ... banks and consumers "better off", in particular regarding charges for current accounts. She said: "We ...

Government's social investment bank Big Society Capital hunts for agency help

Big Society Capital, the social investment bank set up by the Government to invest in social...larger corporate agencies. The bank, initially called the Big Society Bank, was announced ... from dormant UK accounts and 200m from the UK's big four banks to enable social ventures to access ... it make more of an impact with the UK investment community and City media, and position the bank as a ...

Asos shows off Ellie Goulding and Azelia Banks in global Christmas campaign

and rapper Azelia Banks, in "shoppable films" that show off the brand's Christmas products....the videos. The campaign features three videos that show Ellie Goulding, Azelia Banks and model Charlotte ... and switch channels to explore different outfits. Both Goulding and Banks' videos use songs from ...

Berenberg Bank hires MHP to boost UK presence

One of the world's oldest banks has called in fresh PR counsel as it looks to increase its UK...Berenberg Bank, established more than 400 years ago in Hamburg, has handed a retained brief to MHP Communications to raise the profile of its growing UK private and investment banking operations. The globe s second oldest bank only Italy s Monte dei Paschi di Siena is older established its UK business ...

MHP bags Payment Council bank-switch brief

and competition between banks....on Banking. The brief will focus on new Government rules that make it easier for businesses and customers to switch current accounts between banks by setting standardised rules for banks to follow. The retained ... other things, force banks to switch an account within seven working days. Lis Field, deputy head ...

Halifax: the bank's latest execution is a far cry from typical ads for financial-services brands

a typical bank ad if it tried - and that's a good thing. Banks are hardly consumers' best friends ...

Why consumers can bank on brand equity

target of 50m in less than two weeks. Tesco Bank launched a 5% bond in May and received 200m ... once we focused on turning banks into trusted brands, should we now begin treating brands as our trusted banks? THE UPSHOT Customer-owner investment models Participation ...

Santander's value-driven approach to banking stars its staff

Santander, the Spanish-owned high-street bank, has launched a TV ad created by Havas Worldwide...The creative shows people on the streets of Shrewsbury in Shropshire, finding out from Santander staff how much money they can save with the bank. It drives consumers to a dedicated site, ending with the line, "See how it could all add up for you at Santander123.co.uk". The ad demonstrates the amount ...

M&S launches current accounts with 'new fashioned banking' push

that introduces the strapline, "new fashioned banking"..... Each M S Bank branch will feature a pager service, so customers can shop or visit the M S caf while ... insurance, or 20 for a premium account with insurance, which will include internet banking and a 24/7 call centre. M S Bank account holders are entitled to more than 500-worth of annual benefits, including ...

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