Lord Adair Turner joins board of OakNorth as 挑戦者 認めるd banking licence in 最新の 脅し to 設立するd players?

  • Turner was 以前 長,率いる of the 財政上の Services 当局 and CBI
  • The 会社/堅い has also been 認めるd a banking license by the 当局 ?
  • OakNorth and its peers are looking to shake up an 産業 支配するd for 10年間s by?RBS, Lloyds, Barclays and HSBC

City grandee Adair Turner has joined the board of OakNorth - a major scalp for the British 挑戦者 bank as it looks to 設立する itself as a 重要な player in the 財政上の services 産業.

The former 財政上の Services 当局 長,率いる takes on the 役割 of 上級の 独立した・無所属 director at the bank, which also today received its banking license from the 財政上の 行為/行う and Prudential 規則 当局.?

Turner was created a life peer in 2005 and is renowned for his time spent at 顧問 McKinsey and for his 役割 as director-general of the 連合 of British 産業 between 1995 to 1999.

New role: Adiar Turner - nicknamed 'Red Adair' for his close ties to the New Labour government - has taken on a new role as senior independent director at challenger bank OakNorth?

New 役割: Adiar Turner - 愛称d 'Red Adair' for his の近くに 関係 to the New 労働 政府 - has taken on a new 役割 as 上級の 独立した・無所属 director at 挑戦者 bank Oa kNorth?

Turner said: '急速な/放蕩な-growing small and medium sized 商売/仕事s play a pivotal 役割 in the economy, but they find it more difficult to 接近 財政/金融 in Britain than they would in many other countries, such as the US or Germany.'

'We see an 適切な時期 to 焦点(を合わせる) on this market of growth SMEs, be more 柔軟な in the 範囲 of collateral we 受託する from them and 投資する in IT that 改善するs 顧客 service,'?

Other heavyweight 任命s at the bank 含む Ratan Engineer, former 長,指導者 財政上の officer at 基金 経営者/支配人 Invesco, who becomes OakNorth's chairman, and Robert Burgess, former 長,指導者 (n)役員/(a)執行力のある of 同盟 信用 貯金, who becomes a 非,不,無-(n)役員/(a)執行力のある director.?

Challenger: entreprenuer Richard Branson is still a major shareholder in Virgin Money

挑戦者: entreprenuer Richard Branson is still a major 株主 in Virgin Money

The hirings come at a an exciting time for UK 挑戦者 banks who are looking to challenge the dominance of Britain's 'Big Four' 貸す人s ? すなわち the 王室の Bank of Scotland, Lloyds Banking Group, Barclays and HSBC.

OakNorth will 焦点(を合わせる) on lending to small 会社/堅いs with high growth 可能性のある and the new bank said it would begin lending and taking 小売 deposits this summer.

It said it 計画(する)s to differentiate itself from other banks by 受託するing different types of collateral and not just 所有物/資産/財産 as 安全 on 貸付金s to small 商売/仕事s.?

The group said it 計画(する)s to lend over £1billion to 商売/仕事s over the next few years. Bank of England 人物/姿/数字s show that 逮捕する lending by banks to small 会社/堅いs fell by an 普通の/平均(する) of £430.5million in each 4半期/4分の1 last year.?

OakNorth was 設立するd by Rishi Khosla and Joel Perlman, who 始める,決める up 財政上の 研究 会社/堅い Copal Amba before selling it to US group Moody's.?

Last month, 競争相手 挑戦者 bank Aldermore 確認するd its 意向 to float on the London 在庫/株 交流 after 報告(する)/憶測ing a 二塁打ing in its 2014 利益(をあげる)s to £50.3million from £25.7million a year earlier, while its deposits jumped 29 per cent to £4.5billion,

Peer Shawbrook is 推定する/予想するd to follow 控訴 and 発表する its 意向s to float within the next few weeks, によれば マスコミ 報告(する)/憶測s.

But it is Virgin Money who has led the way, with the 貸す人 which floated last November, 地位,任命するing bumper debut results as a 名簿(に載せる)/表(にあげる)d company last Thursday.

Virgin Money's 年次の 利益(をあげる)s jumped 127 per cent to £121.2million in 2014 and the group even gave its staff an extra 特別手当 as a reward. It 株 - which were 定価つきの at 283p each in their 申し込む/申し出ing last year - were 貿易(する)ing at 346.25p, up 6.25p in late afternoon 貿易(する) today.?

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