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Lloyds TSB axes eight in Evolvebank rethink

plans to launch the online brand in the UK....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. The move also sees agencies Saatchi s existing credit card operation. The decision means the eight staff, including Evolvebank UK marketing director ...

NEWS BRIEFS

Nationwide Building Society has launched what it claims is Europe s first internet banking service...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 year ...

Reuters ditches plans for online brokerage product

LONDON (Brand Republic) - News and information company Reuters has scrapped plans for a retail version of its online brokerage system Instinet. The company’s share price fell 76p to 11.92 yesterday ... business, allowing third-party retail brokers to licence and use it under their own brand-names. www.reuters.com ...

Internet woes hit NewMedia Spark

LONDON (Brand Republic) - Internet incubator NewMedia Spark has written off more than 45m from the value of its investments, because of the turmoil in the internet sector. The company, which announced its interim results yesterday, now values its investments at 120m, a fall of 30%. Most of the write ...

Beenz.com cuts jobs and offices in restructure

LONDON (Brand Republic) – 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. The company, which is also said to be seeking a ...

Cardew & Co enhances executive team with Morrell

mining group Lonmin, as part of a recruitment drive to build up its executive team....City PR outfit Cardew & Co has signed up Nick Morrell, the former chief executive of platinum mining group Lonmin, as part of a recruitment drive to build up its executive team. The announcement ... that he would be continuing to recruit, building the executive team and taking on staff at all levels ...

CAMPAIGN-I: Pres.co/Foresight to kick off 2001 rebranded as Wheel

as online. 'Consumers demand a right to interact with a brand through any channel and we build solutions ...

Universal bank will need £350m state funding

LONDON (Brand Republic) – 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. The Guardian reports that the banks are only prepared to pay half ...

Lloyds TSB to partner with Centrica for online venture

LONDON (Brand Republic) - 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. The bank will offer services over the phone as well as over the internet, in an effort ...

BBH beats two to land pounds 15m UK Capital One TV campaign

at the US work in terms of moving into TV and extending the brand and moving beyond direct mail. The UK brand is particularly important and we wanted to partner with an agency for above-the-line work ... of paper, with no big-branded creative presence that you have to reinterpret. BCS will handle ...

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Mobile

Making the most of mobile

Welcome to the first incarnation of a new element in Campaign in which we invite experts to burrow beneath the surface of the catch-all that is "digital". Google, Isobar Mobile, JWT London, LBI and MBA share their insights on mobile.