Want a Bank with Lots of Branches? This Is the Definitive List
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
18 February 2019 Solvency and Diversification in Insurance Remain Key Strengths Despite Change in Structure
FINANCIAL INSTITUTIONS ISSUER IN-DEPTH Lloyds Banking Group plc 18 February 2019 Solvency and diversification in insurance remain key strengths despite change in structure Summary RATINGS In 2018, Lloyds Banking Group plc (LBG) altered its structure to comply with the UK's ring- Lloyds Banking Group plc Baseline Credit a3 fencing legislation, which requires large banks to separate their retail and SME operations, Assessment (BCA) and deposit taking in the European Economic Area (EEA) from their other activities, including Senior unsecured A3 Stable the riskier capital markets and trading business. As part of the change, LBG designated Lloyds Bank plc as the“ring-fenced” entity housing its retail, SME and corporate banking operations. Lloyds Bank plc It also assumed direct ownership of insurer Scottish Widows Limited, previously a subsidiary Baseline Credit A3 Assessment (BCA) of Lloyds Bank. The changes had little impact on the creditworthiness of LBG and Lloyds Adjusted BCA A3 Bank, leading us to affirm the deposit and senior unsecured ratings of both entities. Scottish Deposits Aa3 Stable/Prime-1 Widows' ratings were unaffected. Senior unsecured Aa3 Stable » LBG's reorganisation was less complex than that of most UK peers. The Lloyds Lloyds Bank Corporate Markets plc Banking Group is predominantly focused on retail and corporate banking, and the Baseline Credit baa3 required structural changes were therefore relatively minor. The group created a small Assessment (BCA) separate legal entity, Lloyds Bank Corporate Markets plc (LBCM), to manage its limited Adjusted BCA baa1 Deposits A1 Stable/Prime-1 capital markets and trading operations, and it transferred its offshore subsidiary, Lloyds Issuer rating A1 Stable Bank International Limited (LBIL), to LBCM from Lloyds Bank. -
Interim Results Announcement 2019
BASIS OF PRESENTATION CYBG PLC (the ‘Company’), together with its subsidiary undertakings (which together comprise the ‘Group’), operate under the Clydesdale Bank, Yorkshire Bank, B and Virgin Money brands. It offers a range of banking services for both retail and business customers through retail branches, business banking centres, direct and online channels, and brokers. This release covers the results of the Group for the six months ended 31 March 2019. Statutory basis: Statutory information is set out on pages 43 to 79. The IFRS 9 accounting standard replaced IAS 39 (‘Financial Instruments: Recognition and Measurement’), introducing changes to the classification and measurement of financial instruments and the impairment of financial assets. Virgin Money adopted IFRS 9 on 1 January 2018 and CYBG on 1 October 2018. Pro forma results: On 15 October 2018, the Company acquired all the voting rights in Virgin Money Holdings (UK) plc (Virgin Money) by means of a scheme of arrangement under Part 26 of the UK Companies Act 2006, with the transaction being accounted for as an acquisition of Virgin Money. We believe that it is helpful to also provide additional information which is more readily comparable with the historic results of the combined businesses. Therefore we have also prepared Pro forma results for the Group as if CYBG PLC and Virgin Money had always been a Combined Group, in order to assist in explaining trends in financial performance by showing a full 6 months performance for the Combined Group for both the current period and prior period, as well as a full 12 month performance of the Combined Group for the most recent year end results. -
Lender Panel List December 2019
Threemo - Available Lender Panels (16/12/2019) Accord (YBS) Amber Homeloans (Skipton) Atom Bank of Ireland (Bristol & West) Bank of Scotland (Lloyds) Barclays Barnsley Building Society (YBS) Bath Building Society Beverley Building Society Birmingham Midshires (Lloyds Banking Group) Bristol & West (Bank of Ireland) Britannia (Co-op) Buckinghamshire Building Society Capital Home Loans Catholic Building Society (Chelsea) (YBS) Chelsea Building Society (YBS) Cheltenham and Gloucester Building Society (Lloyds) Chesham Building Society (Skipton) Cheshire Building Society (Nationwide) Clydesdale Bank part of Yorkshire Bank Co-operative Bank Derbyshire BS (Nationwide) Dunfermline Building Society (Nationwide) Earl Shilton Building Society Ecology Building Society First Direct (HSBC) First Trust Bank (Allied Irish Banks) Furness Building Society Giraffe (Bristol & West then Bank of Ireland UK ) Halifax (Lloyds) Handelsbanken Hanley Building Society Harpenden Building Society Holmesdale Building Society (Skipton) HSBC ING Direct (Barclays) Intelligent Finance (Lloyds) Ipswich Building Society Lambeth Building Society (Portman then Nationwide) Lloyds Bank Loughborough BS Manchester Building Society Mansfield Building Society Mars Capital Masthaven Bank Monmouthshire Building Society Mortgage Works (Nationwide BS) Nationwide Building Society NatWest Newbury Building Society Newcastle Building Society Norwich and Peterborough Building Society (YBS) Optimum Credit Ltd Penrith Building Society Platform (Co-op) Post Office (Bank of Ireland UK Ltd) Principality -
Business Banking Service Quality - Great Britain
Business banking service quality - Great Britain Independent service quality survey results Business current accounts Published August 2019 As part of a regulatory requirement, an independent survey was conducted to ask customers of the 14 largest business current account providers if they would recommend their provider to other small and medium-sized enterprises (SMEs*). The results represent the view of customers who took part in the survey. These results are from an independent survey carried out between July 2018 and June 2019 by BVA BDRC as part of a regulatory requirement, and we have published this information at the request of the providers and the Competition and Markets Authority so you can compare the quality of service from business current account providers. In providing this information, we are not giving you any advice or making any recommendation to you. SME customers with business current accounts were asked how likely they would be to recommend their provider, their provider’s online and mobile banking services, services in branches and business centres, SME overdraft and loan services and relationship/account management services to other SMEs. The results show the proportion of customers of each provider who said they were ’extremely likely’ or ‘very likely’ to recommend each service. Participating providers: Allied Irish Bank (GB), Bank of Scotland, Barclays, Clydesdale Bank, Handelsbanken, HSBC UK, Lloyds Bank, Metro Bank, NatWest, Royal Bank of Scotland, Santander UK, The Co-operative Bank, TSB, Yorkshire Bank. Approximately 1,200 customers a year are surveyed across Great Britain for each provider; results are only published where at least 100 customers have provided an eligible score for that service in the survey period. -
You Can View the Full Spreadsheet Here
Barclays First Direct Halifax HSBC Lloyds Monzo (Free) Nationwide Natwest Revolut Santander Starling TSB Virgin Money Savings Savings pots No No No No No Yes No No Yes No Yes Yes Yes Auto savings No No Yes No Yes Yes Yes No Yes No Yes Yes No Banking Easy transfer yes Yes yes Yes yes Yes Yes Yes Yes Yes Yes Yes Yes New payee in app Need debit card Yes Yes Yes Yes Yes No Yes Yes Yes Yes Yes Yes New SO Yes No Yes Yes Yes Yes No Yes Yes Yes Yes Yes Yes change SO Yes No Yes Yes Yes Yes No Yes Yes Yes Yes Yes Yes pay in cheque Yes Yes Yes Yes Yes No No No No No Yes No Yes share account details Yes No yes No yes Yes No Yes Yes Yes Yes Yes Yes Analyse Budgeting spending Yes No limited No limited Yes No Yes Yes Limited Yes No Yes Set Budget No No No No No Yes No Yes Yes No Yes No Yes Yes Yes Amex Allied Irish Bank Bank of Scotland Yes Yes Bank of Barclays Scotland Danske Bank of Bank of Barclays First Direct Scotland Scotland Danske Bank HSBC Barclays Barclays First Direct Halifax Barclaycard Barclaycard First Trust Lloyds Yes First Direct First Direct Halifax M&S Bank Halifax Halifax HSBC Monzo Bank of Scotland Lloyds Lloyds Lloyds Nationwide Halifax M&S Bank M&S Bank Monzo Natwest Lloyds MBNA MBNA Nationwide RBS Nationwide Nationwide Nationwide NatWest Santander NatWest NatWest NatWest RBS Starling Add other RBS RBS RBS Santander TSB banks Santander No Santander No Santander Not on free No Ulster Bank Ulster Bank No No No No Instant notifications Yes No Yes Rolling out Yes Yes No Yes Yes TBC Yes No Yes See upcoming regular Balance After payments -
Natwest, Lloyds Bank and Barclays Pilot UK's First Business Banking Hubs
NatWest, Lloyds Bank and Barclays pilot UK’s first business banking hubs NatWest, Lloyds Bank and Barclays have announced that they will pilot the UK’s first shared business banking hubs. The first hub will open its door in Perry Barr, Birmingham today. The pilot will also see five other shared hubs open across the UK in the coming weeks The hubs have been specifically designed to enable businesses that manage cash and cheque transactions to pay in large volumes of coins, notes and cheques and complete cash exchange transactions. They will be available on a trial basis to pre-selected business clients in each local area and will offer extended opening times (8am to 8pm) 7 days a week, providing business and corporate customers more flexibility to manage their day-to-day finances. The hubs will be branded Business Banking Hub and they have been designed to enable business customers from Natwest, Lloyds Bank and Barclays to conduct transactions through a shared facility. Commenting on the launch of the pilot, Deputy CEO of NatWest Holdings and CEO of NatWest Commercial and Private Banking Alison Rose said: “We have listened to what our business customers really want from our cash services. It is now more important than ever that we continue to offer innovative services, and we are creating an infrastructure that allows small business owners and entrepreneurs to do what they do best - run their business. I look forward to continued working with fellow banks to ensure the UK's businesses are getting the support they deserve." Commenting on the support this will provide businesses, Paul Gordon, Managing Director of SME and Mid Corporates at Lloyds Bank Commercial Banking said: “SMEs are the lifeblood of the UK economy. -
Better Banking for Your Business
Better banking for your business 3 Business made more Running a small business is a big job. As well as being a master of your chosen trade, you also need to be a dab hand at admin, finance, management, marketing and more. And, often your day is a long one, outside of 9 to 5 hours. When you’re putting so much of your life into growing your business, we think you should have all the support we can give you. Which is why our business accounts are designed to help you control costs, manage payments, and help your money work harder with a little less effort. Because when you get the most out of your business, you get the most out of life. Starting with 25 months of free business banking Whether you’re opening your first You won’t pay any charges as long as you business account or switching an existing keep your account within agreed limits and one, we’ll give you free day-to-day don’t go overdrawn without arranging it business banking for the first 25 months. with us first. And when your free banking Which means that every single penny you ends, you’ll go onto a simple tariff with make goes towards making your business great ongoing value. successful. The benefits of business banking When you open your account, we’ll make • Free card reader from Square to take sure our services match your business chip and pin and contactless payments needs, including: with no fees on your first £1,000.* • Support from our team of Business • Business Debit card. -
CYBG PLC Unifies Digital Banking Platform with Red Hat Openshift
Customer Case Study CYBG PLC unifies digital banking platform with Red Hat Openshift CYBG PLC, parent group of Clydesdale Bank, Yorkshire Bank, Virgin Money, and digital banking service B, wanted to expand and standardise its digital banking offer to stay competitive against market leaders and new disruptors. To gain the scalability and agility demanded by custom- ers, CYBG united three of its brands’ services on its Operational Platform based on Red Hat OpenShift Container Platform. With its Operational Platform, CYBG has established a more effi- cient, customer-focused business to build long-term growth. Software Glasgow, Scotland Red Hat® OpenShift® Container Platform Red Hat Consulting Banking Headquarters 159 branches ~6,500 employees +£1 billion 2018 revenue “With Red Hat OpenShift, we’ve improved our IT efficiency, reliability, security, and reusability.” Benefits • Gained responsive scal- Denis Blackwood ability to grow digital banking Head of IT services, CYBG PLC platform from 40,000 to more than 1 million customers in less than 12 months • Increased IT efficiency by automating repetitive tasks and optimizing hardware resource use • Established solid foundation for future innovation with open source IT experts facebook.com/redhatinc @redhat linkedin.com/company/red-hat redhat.com Customer case study Embracing digital banking to challenge established competitors “Red Hat’s engagement with the open source CYBG PLC is the parent group of Clydesdale Bank, Yorkshire Bank, Virgin Money, and digital banking service B. With a goal to disrupt the status quo in the banking industry, the group aims to capture community, and the market share as payment, mortgage, and lending markets evolve. -
Invesco Premier Portfolio
Invesco Premier Portfolio Portfolio Holdings Data as of September 30, 2020 4 2 3 Final Principal Market 1 Coupon/ Maturity Maturity Associated % of Amount Value ($) Name of Issue CUSIP Yield (%) Date Date Issuer Portfolio Asset Backed Commercial Paper ASSET-BACKED COMMERCIAL PAPER 30,000,000 29,994,592 Cancara Asset Securitization LLC (CEP-Lloyds Bank LLC) 13738JLQ1 0.20 11/24/2020 11/24/2020 LLOYDS BANKING GROUP 1.81 PLC 14,650,000 14,646,378 Collateralized Commercial Paper FLEX Co., LLC (CEP - JPMorgan Securities LLC) 19424HM80 0.23 12/08/2020 12/08/2020 JPMORGAN CHASE & CO 0.88 10,000,000 10,003,982 Crown Point Capital Co., LLC-Series A (CEP-Credit Suisse AG) 22845ASD3 0.35 01/22/2021 01/22/2021 CREDIT SUISSE GROUP AG 0.60 30,000,000 29,999,900 Ebury Finance LLC (Multi-CEP) 27873JK12 0.18 10/01/2020 10/01/2020 EBURY FINANCE LLC 1.81 10,000,000 9,998,744 Great Bridge Capital Company (CEP-Standard Chartered) 39021UL95 0.23 11/09/2020 11/09/2020 STANDARD CHARTERED PLC 0.60 25,000,000 24,995,856 Great Bridge Capital Company (CEP-Standard Chartered) 39021ULL8 0.23 11/20/2020 11/20/2020 STANDARD CHARTERED PLC 1.51 30,000,000 29,999,861 Institutional Secured Funding Ltd (Multi-CEP) 45779PK15 0.29 10/01/2020 10/01/2020 Institutional Secured 1.81 Funding LLC 6,900,000 6,897,730 LMA Americas LLC (CEP-Credit Agricole Corporate & Investment Bank S.A.) 53944QLG3 0.19 11/16/2020 11/16/2020 CREDIT AGRICOLE GROUP 0.42 10,000,000 9,992,230 LMA Americas LLC (CEP-Credit Agricole Corporate & Investment Bank S.A.) 53944QP38 0.24 02/03/2021 02/03/2021 CREDIT AGRICOLE GROUP 0.60 50,000,000 49,991,900 Ridgefield Funding Co. -
The Royal Bank of Scotland Group Pie File No
UNITED STATES SECURITI ES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 DIVISION OF TRADING AND MARKETS August 3, 20 15 Ms. Connie Milonakis Davis Polk & Wardwell London LLP 5 Aldermanbury Square London EC2V 7HR England Re: The Royal Bank of Scotland Group pie File No. TP 15-17 Dear Ms. Milonakis: In your letter dated August 3, 2015, as supplemented by conversations with the staff, you request on behalf ofThe Royal Bank of Scotland Group plc, a public limited company organized under the laws of the United Kingdom and registered in Scotland ("RBSG"), an exemption from Rule 102 of Regulation Munder the Securities Exchange Act of 1934, as amended ("Exchange Act") in connection with the distribution of the ordinary shares of RBSG ("RBSG Shares") and the American Depositary Shares each representing the right to receive two RBSG Shares ("RBSG ADSs") by way of a placement of RBSG Shares (the "Placing") to interested purchasers by United Kingdom Financial Investments, which manages the shareholding of the United Kingdom Treasury in RBSG. 1 You seek an exemption to permit RBSG and RBSG Affiliates to conduct specified transactions outside the United States in RBSG Ordinary Shares during the Placing. Specifically, you request that: (i) RBSG CIB be permitted to continue to engage in derivatives and investor product market-making and hedging activities as described in your letter; (ii) the RBSG Asset Manager and RBSG Investment Managers be permitted to continue to engage in investment management activities as described in your letter; (iii) the RBSG Trustees and Personal Representatives be permitted to continue to engage in trustee and personal representative-related activities as described in your letter; (iv) the RBSG Banking Units be permitted to continue to engage in banking-related activities as described in your letter; and (v) the RBSG Stock Borrowing and Lending Units be permitted to continue to engage in stock borrowing and lending activities as described in your letter. -
Bank of Scotland
Bank of Scotland plc (Incorporated with limited liability in Scotland with registered number SC 327000) €60 billion Covered Bond Programme unconditionally guaranteed by HBOS plc (incorporated with limited liability in Scotland with registered number SC218813) and unconditionally and irrevocably guaranteed as to payments of interest and principal by HBOS Covered Bonds LLP (a limited liability partnership incorporated in England and Wales) Under this €60 billion covered bond programme (the “Programme”), Bank of Scotland plc (the “Issuer”) may from time to time issue bonds (the “Covered Bonds”) denominated in any currency agreed between the Issuer and the relevant Dealer(s) (as defined below). The payments of all amounts due in respect of the Covered Bonds have been unconditionally guaranteed by HBOS plc (“HBOS” in its capacity as guarantor, the “HBOS Group Guarantor”). HBOS Covered Bonds LLP (the “LLP” and, together with the HBOS Group Guarantor, the “Guarantors”) has guaranteed payments of interest and principal under the Covered Bonds pursuant to a guarantee which is secured over the Portfolio (as defined below) and its other assets. Recourse against the LLP under its guarantee is limited to the Portfolio and such assets. The Covered Bonds may be issued in bearer or registered form (respectively “Bearer Covered Bonds” and “Registered Covered Bonds”). The maximum aggregate nominal amount of all Covered Bonds from time to time outstanding under the Programme will not exceed €60 billion (or its equivalent in other currencies calculated as described in the Programme Agreement described herein), subject to increase as described herein. The Covered Bonds may be issued on a continuing basis to one or more of the Dealers specified under General Description of the Programme and any additional Dealer appointed under the Programme from time to time by the Issuer (each a “Dealer” and together the “Dealers”), which appointment may be for a specific issue or on an ongoing basis. -
Change of Name Faqs
Change of name FAQs On 14 February 2020, The Royal Bank of Scotland Group plc (the Group) announced its intention to change the Group’s company name from ‘The Royal Bank of Scotland Group plc’ to ‘NatWest Group plc’. It’s anticipated that the name change will become effective later in 2020. 1. Why is the Group changing its name? Given the Group’s progress, the solid financial footing it is now on and the forward- looking customer focused strategy it is implementing, the Board considers this the right time for the Group name to reflect the brand under which the majority of its business is delivered: NatWest. 2. What will happen to the ordinary and/or preference shares I currently hold in the Group? The ordinary and/or preference shares you currently hold in the Group (‘RBS shares’) will continue to exist once the name is legally changed, but the RBS shares will become shares in NatWest Group plc. There will be no change to nominal value or structure of your shareholding as a result of the change of name. 3. What will happen to the share price? This is a legal name change. The share price is influenced by many factors and can go up as well as down. 4. Will I receive a new share certificate? If you hold your RBS shares in certificated form, you won’t receive a new share certificate in the new company name; your existing share certificate(s) will remain valid. Any share certificates issued following the legal change of name will be in the name of NatWest Group plc.