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Diamond to take over as Barclays chief executive

Barclays president and chief executive of corporate and investment banking Bob Diamond will replace John Varley as the bank’s chief executive next March.

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Advisers hope navigator Gay will steer them on right course

Advisers are optimistic that Stephen Gay’s product provider background will not hinder his role as Aifa director general. Gay, currently Aviva director of distribution development, was announced as Chris Cummings’ successor last week. He will also become director general of the Association of Mortgage Intermediaries and the Association of Finance Brokers. Honister Capital strategy product […]

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Santander to recruit 600 staff following RBS branch acquisition

Santander is to recruit up to 600 additional staff following its £1.65bn deal to acquire 318 RBS branches last month. The Spanish bank says it has decided to increase its staff numbers to deal with its latest expansion strategy in the UK. It has also dismissed suggestions in the FT saying the bank plans to […]

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