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Monday, March 15, 2010 2:54 PM

Virgin Money

Type: Company
Name: Virgin Money
First Reported Mar 13 2010 - Updated Mar 13 2010 - 1 Documents

Virgin credit card 'missed' payment cost me £600

Last April I got a credit card from Virgin Money and transferred £4,500 to take advantage of a 'no interest for 16 months' offer. When I applied online, I am certain I completed a direct debit arrangement.In May last year, Virgin wrote to say my first ... [Published Mar 13 2010 by Guardian.co.uk]
First Reported Mar 12 2010 - Updated Mar 13 2010 - 2 Documents

Former Lloyds TSB boss Sir Brian Pitman dies aged 78

Sir Brian Pitman, former Lloyds TSB boss and chairman of Virgin Money, has died aged 78. Sir Brian Pitman Sir Brian Pitman Pitman spent 49 years at Lloyds, rising to the role of chief executive, and was behind the merger of Lloyds bank and TSB.Pitman ... [Published Mar 12 2010 by Fund Strategy]
First Reported Mar 12 2010 - Updated Mar 12 2010 - 1 Documents

Northern Rock discusses sale of its 'good' bank with potential buyers

News by categoryPotential buyers of Northern Rock's 'good' bank have been in discussions with the company.Informal talks have been held with various firms that have expressed an interest in acquiring its healthy side, chief executive Gary Hoffman told ... [Published Mar 12 2010 by GAAP Web]
First Reported Mar 12 2010 - Updated Mar 12 2010 - 1 Documents

Santander chooses adviser for potential RBS bid

News by categoryAn adviser has been selected by Spanish Santander for the potential bid on Royal Bank of Scotland's (RBS) Williams & Glyn's branch network.Santander will be advised by international finance group Credit Suisse regarding its possible bid ... [Published Mar 12 2010 by GAAP Web]
First Reported Mar 11 2010 - Updated Mar 12 2010 - 10 Documents

British Bankers Association hail old Lloyds TSB boss

March 2010 Brian Pitman headed BBA from 1996 - 1997.The British Bankers Association (BBA) has responded to the death of Brian Pitman, the ex head of Lloyds TSB Group - now Lloyds Banking Group (LON:LLOY). "The British Bankers' Association is deeply sorry ... [Published Mar 12 2010 by Director of Finance Online]
First Reported Mar 11 2010 - Updated Mar 12 2010 - 3 Documents

New research: Brisbane is 'car unfriendly'

BRISBANE ranks second-worst as a car-friendly city compared with other state capitals.Research from Virgin Car Insurance shows Perth was best and Sydney worst.However, Brisbane had the lowest cost for toll roads at 13¢ a kilometre, compared with Sydney ... [Published Mar 11 2010 by Brisbane Courier-Mail]
First Reported Mar 11 2010 - Updated Mar 11 2010 - 1 Documents

Virgin Money to charge for its bank account

When Virgin Money launches on the high street in London and Edinburgh at the end of the year it's current account customers will be charged a monthly fee. The fee has not yet been disclosed. Head of Public Relations for Virgin Money, Scott Mowbray said: ... [Published Mar 11 2010 by PR inside]
First Reported Mar 09 2010 - Updated Mar 10 2010 - 2 Documents

12:00amRBS bidders face $4.9bn funds gap

SPAIN'S Banco Santander has hired Credit Suisse to advise it on a bid for the 318 branches of Royal Bank of Scotland, while other banks, including National Australia Bank and Virgin Money, remain in the running for the assets. Revelations of a funding ... [Published Mar 10 2010 by The Australian]
First Reported Mar 10 2010 - Updated Mar 10 2010 - 1 Documents

Monthly charges will be unpopular

Current account customers will not be happy to accept monthly charges for having such facilities, but will get used to them over time, it has been stated.Martin Bamford of chartered financial planners Informed Choice stated that past attempts to introduce ... [Published Mar 10 2010 by Money Expert]
First Reported Mar 08 2010 - Updated Mar 09 2010 - 4 Documents

Santander leads race to buy RBS branches: Report

Ministers, leaders apologise to Vice Preside...Orkut posts class 12 boy’s cell phone number...SP, RJD withdraw support to UPA GovtDay after divorce, Shweta says don’t want an...SP, RJD withdraw support to UPA GovtGwyneth Paltrow gets the cold shoulder ... [Published Mar 09 2010 by Express India]
First Reported Mar 08 2010 - Updated Mar 08 2010 - 2 Documents

Santander leads race to buy RBS branches: Report

The Spanish financial powerhouse Santander has emerged as the front-runner to acquire 's (RBS) Williams & Glyn branches in Britain for about 4 billion pounds, says a media report. 'Santander has moved into pole position to take over the 320 branches in ... [Published Mar 08 2010 by Indian Express]
First Reported Mar 08 2010 - Updated Mar 08 2010 - 2 Documents

Virgin Money to charge for its current account

Virgin Money will charge a monthly fee to its current account customers, bringing the end of free banking a step closer.The up-front cost will apply to anyone opening one of its new current accounts being launched at the beginning of next year.It is understood ... [Published Mar 08 2010 by Telegraph]

Quotes

"Nobody is a greater believer in shareholder value than me... It's long term shareholder value and everything has to be structured around the long term, particularly the remuneration structure has to be around the long term. The minute you move to a huge emphasis on short term big bonuses you're going to change the behaviour. It is perfectly possible, in our case for 17 years when I was there, we were doubling the value of the company every three years for 17 years. Nearly everybody had shares in the company; messengers were worth a quarter of a million pounds when I left because we'd been successful as an organisation. But we believed it all had to start with the customer."
...The bank then needed to be bailed out by the taxpayers, who now own 43 per cent of the company. Another source says: "In these cases, it all boils down to who knew what, when." Developing.... A mole at blue-blood Cazenove? Surely some mistake

More Content

All (367) | News (332) | Reports (0) | Blogs (34) | Audio/Video (1) | Fact Sheets (0)
sort by: Date | Relevance
What Sir Brian Pitman can teach today's bankers [BBC - 4 hours ago]
The great bank account sting [Times Online - Mar 14 2010]
The City Diary: Off to the races again: Fast-tr... [The Independent - Mar 14 2010]
Virgin is first UK bank to charge compulsory fe... [Scotland on Sunday Online - Mar 14 2010]
How brokers take your tax breaks [Times Online - Mar 13 2010]
Brian Pitman dies at 78; prominent British reta... [Los Angeles Times - Mar 13 2010]
Virgin credit card 'missed' payment cost me ... [Guardian.co.uk - Mar 13 2010]
If the story is good, investors will buy it [Times Online - Mar 12 2010]
Bonuses for Rock staff as losses shrink [Yorkshire Post - Mar 12 2010]
Former Lloyds TSB boss Sir Brian Pitman dies ag... [Fund Strategy - Mar 12 2010]
Sir Brian Pitman [Telegraph - Mar 12 2010]
Tributes to Lloyds' 'giant of banking' Sir Bria... [London Evening Standard - Mar 12 2010]
Northern Rock discusses sale of its 'good' bank... [GAAP Web - Mar 12 2010]
Santander chooses adviser for potential RBS bid [GAAP Web - Mar 12 2010]
British Bankers Association hail old Lloyds TSB... [Director of Finance Online - Mar 12 2010]
Brian Pitman 1931 - 2010 [British Bankers' Association - Mar 12 2010]
Brian Pitman, former Lloyds Bank CEO, dies at 78 [Miami Herald - Mar 12 2010]
Brian Pitman, Ex-Lloyds CEO, Dies After Heart A... [BusinessWeek - Mar 12 2010]
Friday paper round-up: BP, Lehman Brothers, Tra... [Digital Look - Mar 12 2010]
Cash Isa savers miss out on £1,200 a year [Telegraph - Mar 12 2010]
Breaking News: Drivers advised to steer clear o... [drive.com.au - Mar 12 2010]
Brian Pitman, Former Lloyd’s Chairman, Dies Aft... [BusinessWeek - Mar 12 2010]
Banking giant Brian Pitman dies [FinancialAdvice.co.uk - Mar 11 2010]
Banking giant Brian Pitman dies at 78 [Times Online - Mar 11 2010]
New research: Brisbane is 'car unfriendly' [Brisbane Courier-Mail - Mar 11 2010]
Sir Brian Pitman obituary [Guardian.co.uk - Mar 11 2010]
Perth best for motorists: study (AAP) [Yahoo! News Australia - Mar 11 2010]
Drivers advised to steer clear of Sydney [Sydney Morning Herald - Mar 11 2010]
Virgin Money Chairman Brian Pitman Dies After H... [BusinessWeek - Mar 11 2010]
Virgin Money Chairman Brian Pitman dies aged 78 [FinanzNachrichten.de - Mar 11 2010]
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Blogs

sort by: Date | Relevance
What Sir Brian Pitman can teach today's bankers [BBC Blogs: Peston's Picks - 5 hours ago]
I had been meaning to write something about Sir Brian Pitman, the former chief executive of Lloyds Bank, who died last week, but have been delayed by the latest ...
What Sir Brian Pitman can teach today's bankers [BBC NEWS | Peston's Picks - 5 hours ago]
I had been meaning to write something about Sir Brian Pitman, the former chief executive of Lloyds Bank, who died last week, but have been delayed by the latest ...
United faces season ticket slump [Times LIVE Blogs - Posts - Mar 11 2010]
A survey among English Premier League fans has shown that 59 per cent of Manchester United season ticket holders are considering not renewing for next season. “Shamefully, ...
Royal Bank begins auction of Williams & Glyn's [BBC Blogs: Peston's Picks - Mar 04 2010]
The government, the Tories, the Lib Dems and the European Commission all say they want it: that's to build a more competitive banking market in Britain from the ...
Royal Bank begins auction of Williams & Glyn's [BBC NEWS | Peston's Picks - Mar 04 2010]
The government, the Tories, the Lib Dems and the European Commission all say they want it: that's to build a more competitive banking market in Britain from the ...
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Audio/Video

sort by: Date | Relevance
Pitman Says Virgin Money Aiming to Grow by 15% ... [Bloomberg - YouTube - Feb 01 2010]
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