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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 ...

Opinion: From our readers - Banks must tell their story more openly

Nick Miles is right that the media treatment of banks is a 'turkey shoot' (Opinion, 31 July)....Sadly, the banks have failed once again this week to ensure the media carry any decent explanatory narrative around the 'return to bumper bonuses'. So it has been open season once again, despite positive news about a return to high profitability. Until banks start to realign the public mindset about ...

In the News - Lloyds Banking Group

The Lloyds Banking Group is said to be weighing up a £15bn rights issue to avoid falling...before the banking crisis really took hold. ...

Hotline: Truphone appoints The Bank

Truphone, the mobile internet network, has appointed The Bank to its creative account and the7stars

Truphone appoints The Bank to ad account

LONDON - Truphone, the mobile internet network operator, has appointed The Bank as its creative..., a SIM-based proposition. The Bank will develop ad campaigns including the launch of Truphone Local ...

City & Corporate: In the News - Lloyds Banking Group

The Lloyds Banking Group is said to be weighing up a £15bn rights issue to avoid falling into majority government ownership. Lloyds is set to place £260bn of assets into the Government's Asset ... in the sector back in 2008 before the banking crisis really took hold. £15bn, Amount Lloyds is said ...

Independent News & Media gains further extension to renegotiate debts

LONDON - Independent News & Media has persuaded creditors holding €200m of bonds and its banks

Co-operative Bank releases YouTube 'Thank you' track

LONDON - The Co-operative bank has released a viral song on YouTube to thank its customers...The song, named Thank You , was written by Richard Coulson especially for The Co-operative Bank. It was sung by a group of 50 Co-operative Bank employees from Manchester, Skelmersdale and Stockport, including the company's director of marketing Guy Herrington. Herrington said: We were really impressed ...

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