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Banks retain marketing autonomy despite government ownership

LONDON - Nationalised banks must act with taxpayers in mind....Given the seismic changes being experienced by the UK banking sector, the review and renegotiation ... by Royal Bank of Scotland (RBS) to move its retail direct marketing account from LIDA to CHI Partners reminded everyone that, although the banks are nationalised, they retain the autonomy to choose their own ...

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. ...

City & Corporate: Banks must explain bonus culture

Bonuses UK banks attacked for failing to answer criticism from media over recent £7.6bn bonus...Under-fire banks have been criticised for their unwillingness to argue their case under a barrage ... 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 and April (albeit a drop of some 40 per cent on last ...

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 ...

Editor's comment: COI 'help' could hinder banks

services to our growing number of nationalised (or at least effectively government-owned) banks. Should...There is the view that day-to-day management should be left to the banks themselves ... in to the unfortunate, albeit not unique, position of needing state handouts. To get out of this mess, these banks ... as controlling the banks. Until proven otherwise, banks should be trusted to put to use adspend ...

Hotline: Lucy Banks has left ZenithOptimedia

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

Technology: Best of the tech blogs

BANKS GO DIGITAL...to see a bank embracing social media in a very open way, especially after all the problems banks have ... the comments about the black and white bank, good and bad. It is a great initiative and builds on the great word-of-mouth reputation the bank has created - from providing plain old excellent customer service ...

Technology: Best of the tech blogs

- Banks go digital...to see a bank embracing social media in a very open way, especially after all the problems banks have ... the comments about the black and white bank, good and bad. It is a great initiative and builds on the great word-of-mouth reputation the bank has created - from providing plain old excellent customer service ...

Danny Rogers: Banks comms farce is dangerous for all

's banks.

 

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