Lloyds TSB axes eight in Evolvebank rethink
21 Dec 2000 | by JOANNA WITT
Lloyds TSB has axed eight UK marketing roles for Evolvebank, after announcing that it is abandoning plans to launch the online brand in the UK.
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STOP PRESS
21 Dec 2000
Marketing staff at Alliance s standalone internet wealth management service are likely to be redeployed internally following a decision to shelve the service. The service will be integrated into A s existing web site.
NEWS BRIEFS
21 Dec 2000
Nationwide Building Society has launched what it claims is Europe s first internet banking service for personal organisers. It allows any customer with a suitable organiser and phone to look at their account balances and statements on ten types of account. Nationwide hopes to expand the service next...
NEWS BRIEFS
21 Dec 2000
Abbey National will launch a pounds 4m campaign on Christmas Day to encourage customers to switch to an Abbey National bank account. TV ads, created by Euro RSCG Wnek Gosper, will feature comedian Alan Davies. They will run nationwide supported by an outdoor campaign running until the end of the year,...
Reuters ditches plans for online brokerage product
21 Dec 2000
News and information company Reuters has scrapped plans for a retail version of its online brokerage system Instinet.
Beenz.com cuts jobs and offices in restructure
20 Dec 2000
Beenz.com, the internet currency trader, has become the latest online business to announce a restructuring, including job cuts and the closure of overseas offices, as a result of a downturn in online spending by its customers.
CAMPAIGN-I: Pres.co/Foresight to kick off 2001 rebranded as Wheel
15 Dec 2000
Pres.co/Foresight, the digital solutions company created by the merger of two new-media agencies earlier this year, is to complete its integration process by rebranding as Wheel.
DIARY: Inflated media spend claims fail to impress the Campaign hacks
15 Dec 2000
The keeper of Campaign's much-perused new-business performance league has had a frustrating year. It might be the season to be merry, but it seems the industry is far more interested in porkie pies than mince pies. With the plethora of dotcom launches, agencies and their new hip clients have taken...
Universal bank will need £350m state funding
14 Dec 2000
The government is facing an annual bill of up to 350m to create the Post Office-based universal bank, because 10 high-street banks are reported to have refused to pay 125m a year towards running costs.
Lloyds TSB to partner with Centrica for online venture
14 Dec 2000
Lloyds TSB has ditched plans to launch its online subsidiary Evolvebank in the UK and has chosen instead to link up with British Gas owner Centrica to launch an internet bank called Goldfish.
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