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Browse: Home / credit crunch

credit crunch

Two cheers for RBS boss Stephen Hester

Two cheers for RBS boss Stephen Hester

By Stephen Foster on February 8, 2012

Well the bloke hasn’t had much to cheer him up recently, having lost a million quid bonus and been vilified by politicians of all hues, mostly for their own hypocritical purposes. Why hypocritical? Labour fuelled the City’s bonus culture and the more than rash expansion of the financial sector that made the consequences of the [...]

Posted in Clients, Finance, Media, News, Politics, PR | Tagged banker bonuses, coalition government, credit crunch, financial sector, Labour, Peter Mandelson, RBS, Stephen Hester, today programme, £38bn lost

Can former Asda marketer Chris Pilling put some fizz into UK building societies?

Can former Asda marketer Chris Pilling put some fizz into UK building societies?

By Stephen Foster on August 22, 2011

Chris Pilling, currently head of HSBC’s bank branch network in the UK, is joining the country’s second-biggest building society Yorkshire as CEO. The move is interesting on two counts: building societies have been pretty moribund since the 2008 credit crunch, cutting back their lending and therefore contributing to the credit squeeze currently bedevilling the UK [...]

Posted in Clients, Finance, News, Politics | Tagged Andy Hornby, Asda, british airways, Chris Pilling, credit crunch, George Osborne, halifax, household, hsbc, Kraft, lloyds banking group, procter & gamble, recession, Royal Bank of Scotland, Sharon Osbourne, uk coalition chancellor, yorkshire, yorkshire building society

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