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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 ...

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 ...

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 ...

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 ...

Tesco Bank launches mortgages with Clubcard points

Tesco Bank has intensified competition with traditional banks by launching a mortgage range...The banking branch of Tesco is attempting to lure the 15 million British households signed up ... the entry into mortgages is a major milestone towards offering its customers a full retail banking service and will appeal because people "want choice in banking from a brand they know and trust to deal with them fairly ...

M&S Bank will struggle to 'dent' high street leaders, claim experts

Banking experts have questioned the ability of Marks & Spencer to make a major impact...The retailer, which first rolled out M S Money in 1985, has long offered non-banking products such as credit cards and mortgages. Since 2004 it has operated in partnership with banking giant HSBC. Last ... it aims to create a "relaxed, modern banking environment" for customers, with "personal touches" such as M ...

Marks & Spencer to launch M&S Bank

and modern" bank branches, offering services such as mortgages and current accounts....The retailer will replace its existing financial services arm, M S Money, with a full M S Bank ... claims the bank, to be led by chief executive Colin Kersley, will offer customers private meeting areas, self service banking points, as well as a bureau de change. It said the aim is to create a "relaxed ...

Tesco delays banking launch until 2013

Tesco is delaying the rollout of a full banking proposition, after announcing its flagship current...Tesco Bank has 6.5 million customers and has long stated its intention to provide a full range of banking services, including current accounts and mortgages. Currently it offers credit cards, insurance and loans. According to reports, Tesco Bank chief executive Benny Higgins said the company had delayed ...

 

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