Sticking with it: Interview with Scott Barton, chief executive of RBS GTS
As his first year in office comes to a close, Scott Barton, chief executive of Global Transaction Services at Royal Bank of Scotland, talks to Neil Ainger about his long-term plans for the unit and the...
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RBS names Marcar as CIO for markets
Royal Bank of Scotland has named Scott Marcar as chief information officer for the markets unit of its Markets & International Banking division. He will be based in London and report to David...
View ArticleRBS and NatWest online platform targets British SMEs
RBS and NatWest have launched a free online business supplier community called BizCrowd, which is designed to encourage collaboration between British SMEs. BizCrowd is open to all UK businesses. The...
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RBS puts Pain in charge of compliance
The Royal Bank of Scotland has appointed former FSA supervisor Jon Pain as head of its conduct and regulatory affairs division, reporting directly to chief executive Stephen Hester. Pain will be...
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Doubts cloud UK Treasury retail competition plans
Leadsom: more competition in retail banking is needed. UK Treasury officials and senior bank representatives showed diverging views over the future of retail banking at an event hosted by Experian in...
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RBS poaches Berndt from BAML to head global transaction services
RBS has hired Carole Berndt as global head of transaction services. Berndt has been EMEA head of transaction banking at Bank of America Merrill Lynch for the past three years. She will be based in...
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RBS prepares for SEPA with Canada’s CGI Group
RBS will use CGI technology to help it prepare for the Single Euro Payments Area The Royal Bank of Scotland has chosen Canadian IT firm CGI Group to help its corporate clients manage the transition to...
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Innovation: there is a better way
US inventor Thomas Edison once said: “There’s a way to do it better – find it.” Such thinking helped him to develop the telegraph, electric light bulb and alkaline storage batteries, among others....
View ArticleGlobal regulation emerges as Sibos key theme
Dissatisfaction with global regulators has been expressed during the entire Sibos week. During the market infrastructure session earlier this week, Michael Steinbech, chief executive of Equens, said...
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Research firm aims to identify winners and losers in High Street struggle
UK consumers are starting to shop around for current accounts A new monthly index that measures UK current account switching has been launched by research firm TNS, providing a snapshot of changing...
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Citi signs up for SAP cloud-based corporate-to-bank solution
Chikarmane: the cloud can help tier-one banks and corporates become more efficient Cloud computing company SAP has signed a deal with Citi for a major new cloud platform that promises to simplify...
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RBS commits to V.me by Visa mobile wallet as Nationwide beats it to roll-out
Nationwide Building Society has rolled out V.me by Visa. RBS has also confirmed RBS has confirmed that it is to launch V.me by Visa, the digital wallet built by Visa Europe. The decision follows a...
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Second IT glitch “unacceptable” says RBS
An IT problem that left customers of RBS and its Natwest and Ulster Bank subsidiaries unable to use their accounts yesterday evening was described as “unacceptable” by a bank spokeswoman. For three...
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ECB to pick up post-migration SEPA issues with new retail board
The European Central Bank is to create a Euro Retail Payments Board to “help foster the development of an integrated, innovative and competitive market for retail payments in euro in the European...
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HSBC losing out in UK account switching battle
HSBC has lost customers since the introduction of UK account switching HSBC has lost more customers since the introduction of the UK’s account switching service than any other major retail bank,...
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Pass Go, Do Not Go to Jail: EC backs down on SEPA deadline
Barnier: migration rates are not high enough to ensure a smooth transition When is a deadline not a deadline? When the European Commission adds a six month transition period to it, it seems. The...
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Faysal Bank Pakistan moves former RBS business to SunGard core
Faysal Bank is moving the former RBS-owned business to SunGard’s Ambit Pakistan’s Faysal Bank has shifted the bank branches it bought from RBS in 2010 onto its SunGard core banking system, as part of a...
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UK mobile banking doubles in a year
Mobile banking has doubled in the UK over the last year according to the BBA UK consumers have doubled the amount of transactions they make on their mobile phones over the last year, according to new...
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RBS offers corporate multi-bank platform across China
The Royal Bank of Scotland has launched a new service that lets corporates manage up to 18 local Chinese bank accounts through a single global electronic banking platform. The platform is connected to...
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UK to launch competition investigation into retail banking
The UK retail banking market lacks effective competition Essential parts of the UK retail banking sector lack effective competition and do not meet the needs of personal consumers or SMEs, according to...
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