News (2015)

Many Cerberus sub group members of NCSG receive "welcome" letters from Engage (Pepper) UK (a trading arm of Cerberus) giving bank account details for future payments.

6th June 2015 Telegraph

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/11656254/George-Osborne-weve-hit-banks-hard-enough.html

1st June 2015 Scottish Daily Mail

Click here

1st June 2015 Herald Scotland

http://www.heraldscotland.com/news/home-news/tweed-homes-and-clydesdale-bank-in-court-battle-over-400000-overdraft-charges.127593248?utm_source=www.heraldscotland.com&utm_medium=RSS%20Feed&utm_campaign=Scottish%20News

29th May 2015 Daily Record

http://www.dailyrecord.co.uk/business/business-news/clydesdale-banks-new-chief-start-5783028

29th May 2015 Yorkshire Post

http://www.yorkshirepost.co.uk/business/business-news/yorkshire-and-clydesdale-banks-announce-start-date-for-new-ceo-david-duffy-1-7284367

29th May 2015 Herald Scotland

http://www.heraldscotland.com/business/company-news/new-clydesdale-bank-boss-sees-bright-future-as-start-date-confirmed.127493413

29th May 2015 Financial Times

http://www.ftadviser.com/2015/05/29/ifa-industry/companies-and-people/clydesdale-confirms-new-chief-executive-2VVImunCMuOSTP9a4itWEN/article.html

27th May 20015

Cerberus sub group meeting 10.00am Manchester

NCSG meeting 2.00pm Manchester

24th May 2015

NCSG serves an FOI request on the Prudential Regulation Authority of the Bank of England requesting information behind the £1.7 billion that the authority forced NAB to set aside to compensate customers in respect of "losses related to legacy conduct costs*.

22nd May 2015 NCSG

NAB share price falls 16% between 13th April and 22nd May 2015

https://www.google.co.uk/search?q=nab+share+price&rlz=1CATAAB_enGB641GB641&oq=nab+share+price&aqs=chrome..69i57.6474j0j4&sourceid=chrome&es_sm=93&ie=UTF-8

click on "1 year"

10th May 2015 Sydney Morning Herald

http://www.smh.com.au/business/banking-and-finance/nabs-capital-and-dividends-in-spotlight-after-55-billion-raising-20150510-ggy63r.html

9th May 2015 Sydney Morning Herald

http://www.smh.com.au/business/court-rules-nab-unable-to-recover-gold-coast-millions-due-to-breach-of-banking-code-20150508-ggwjp6.html

8th May 2015 Sydney Morning Herald

http://www.smh.com.au/business/banking-and-finance/victims-unimpressed-at-nab-exit-plan-for-uk-20150507-ggwr8u.html

8th May 2015 Sydney Morning Herald

http://www.smh.com.au/business/comment-and-analysis/nab-is-cleaning-up-its-mess--but-it-hurts-20150507-ggwf0e.html

8th May 2015 Herald Scotland

http://www.heraldscotland.com/business/opinion/will-resolve-of-nab-chief-achieve-clydesdale-float-by-end-of-year.1431066245

7th May 2015 Telegraph

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/11588330/Clydesdale-Bank-to-be-demerged-as-Australian-owners-plan-hasty-UK-exit.html

7th May 2015 This is Money (Daily Mail)

http://www.thisismoney.co.uk/money/markets/article-3072610/Aussie-bank-NAB-forced-set-aside-1-7bn-exit-bill-cover-future-fines-compensation-customers.html

7th May 2015 Reuters

http://uk.mobile.reuters.com/article/idUKKBN0NS09H20150507?irpc=932

7th May 2015 Financial Times

http://www.ft.com/cms/s/0/26587aac-f452-11e4-bd16-00144feab7de.html#axzz3ZURywMvH

7th May 2015 This is Money

http://www.thisismoney.co.uk/money/markets/article-3071728/Clydesdale-bank-floated-stock-exchange-Australian-owner-quits-UK-market.html

7th May 2015 The Guardian

http://www.theguardian.com/business/2015/may/07/clydesdale-and-yorkshire-banks-to-be-floated-by-australias-nab

7th May 2015 Sky News

http://news.sky.com/story/1479324/clydesdale-set-to-split-from-oz-parent-bank

7th May 2015 BBC

http://www.bbc.co.uk/news/business-32618769

1st May 2015

New update on jg v cb. See website page

1st May 2015 Sydney Morning Herald

http://www.smh.com.au/business/banking-and-finance/national-australia-bank-to-sell-346pc-of-great-western-bancorp-for-us430m-20150501-1mxh7e.html

26th April 2015

NCSG member discovers the Australian version of the UK TBL. See "Australian TBL"

23rd April 2015 Herald Scotland

http://www.heraldscotland.com/news/home-news/rbs-and-clydesdale-big-losers-in-scotland-as-customers-shift-accounts.123985024

20th April 2015

Evidence of break cost mis calculation published on new page "Break cost".

16th April 2015 The Wall Street Journal

http://www.wsj.com/articles/australias-nab-says-u-k-fine-wont-delay-exit-plans-1429082747

16th April 2015 BBC News

http://www.bbc.co.uk/news/uk-scotland-scotland-business-32332774

16th April 2015 Herald Scotland

http://www.heraldscotland.com/news/home-news/bank-says-staff-removed-and-bonuses-cut.123344163

16th April 2015 Banking Day (Australia)

http://www.bankingday.com/nl06_news_selected.php?act=2&stream=1&selkey=18524&hlc=2&hlw=

15th April 2015 Daily Mail

http://www.dailymail.co.uk/news/article-3039183/Why-aren-t-lying-bankers-prison-MPs-demand-police-inquiry-lender-fined-21m-duping-regulator-avoid-compensating-PPI-victims.html

15th April 2015 Herald Scotland

http://www.heraldscotland.com/mobile/comment/herald-view/battered-clydesdale-needs-more-than-apologies.123239218

15th April 2015 Independent

http://www.independent.co.uk/news/business/news/unacceptable-staff-lies-lead-to-record-ppi-fine-for-clydesdale-bank-10177047.html

15th April 2015 The Australian

http://m.theaustralian.com.au/business/financial-services/nab-sacks-staff-after-uk-misconduct-fine/story-fn91wd6x-1227304541346

15th April 2015 The Guardian

http://www.theguardian.com/business/2015/apr/14/fca-fines-clydesdale-bank-record-ppi-complaints

15th April 2015 Sydney Morning Herald

http://www.smh.com.au/business/banking-and-finance/more-questions-over-nab-culture-after-huge-clydesdale-fine-20150415-1mlf99.html

14th April 2015 Leigh Journal

http://www.leighjournal.co.uk/news/national/news/12887868.Clydesdale_fined___20_7m_over_PPI/

14th April 2015 This is Money

http://www.thisismoney.co.uk/money/bills/article-3038190/Clydesdale-Bank-fined-20-6-MILLION-doctoring-PPI-evidence.html

14th April 2015 BBC

http://www.bbc.co.uk/news/business-32301259

14th April 2015 Law Society Gazette

http://www.lawgazette.co.uk/5048228.article?utm_source=dispatch&utm_medium=email&utm_campaign=GAZ140415

14th April 2015 Sky News

http://news.sky.com/story/1464613/ppi-scandal-clydesdale-handed-20-7m-fine

14th April 2015 Newsnet.scot

http://newsnet.scot/2015/04/clydesdale-bank-faces-new-crisis-after-record-mis-selling-fine/

14th April 2015 FT

http://www.ft.com/fastft/307423/clydesdale-bank-gets-record-fine-ppi-sales

8th April 2015 ABC News (Australia)

http://www.abc.net.au/news/2015-04-08/nabs-growing-pains/6379262

5th April 2015 Western Morning News (Cornwall)

http://m.westernmorningnews.co.uk/rate-trap-cripples-firms-West/story-26277987-detail/story.html

4th April 2015 Daily Mail

http://www.dailymail.co.uk/money/smallbusiness/article-3025605/Banks-urged-revisit-fixed-rate-loans-campaign-group-writes-Treasury.html

31st March 2015 Independent Australia

https://independentaustralia.net/business/business-display/the-australian-banking-sector-predatory-and-untouchable,7539

28th March 2015 Treasury's response to the TSC report

Treasury's response to the TSC report is released, making no reference to the embedded swap issue.

Andrea Leasom to FCA 12 March 2015

26th March 2015 Investor Daily

http://www.investordaily.com.au/regulation/37274-senate-seeks-uk-assistance-in-nab-probe

25th March 2015 FT Advisor

http://www.ftadviser.com/2015/03/25/regulation/tsc-report-could-hurt-nab-s-uk-exit-A5CvQwsTydpD9CCDmpFsUJ/article.html

23rd March 2015 Daily Mail

http://www.dailymail.co.uk/news/article-3006992/Small-firms-trapped-banks-high-tricks-Lenders-accused-charging-companies-huge-fees-switch-accounts-rates-fell.html

23rd March 2015 Sydney Morning Herald

http://www.smh.com.au/business/comment-and-analysis/more-woes-for-national-australia-bank-as-senator-sam-dastyari-enlists-british-help-20150323-1m5mg0.html

21st March 2015 Sydney Morning Herald

http://www.smh.com.au/business/banking-and-finance/nabs-dreamdestroying-death-star-that-is-clydesdale-bank-20150320-1m1wud.html

17th March 2015 Business Day

Scotland-based Clydesdale last week defended its internal review process against the criticism, while NAB set aside $654 million for provision charges relating to interest rate hedging products in the UK in its latest full-year accounts.

However, Mr Triggs said NAB's latest provisions related mainly to reviews that had excluded fixed-rate loans, which were flagged as a concern by the UK committee.

http://m.smh.com.au/business/banking-and-finance/nab-may-face-more-uk-conduct-charges-deutsche-bank-says-20150317-1m0uvu.html

16th March 2015 The Age

http://www.theage.com.au/business/banking-and-finance/nabs-loans-nightmare-clouds-uk-float-plans-20150316-1m00tl.html

16th March 2015 Banking Day

http://www.bankingday.com/nl06_news_selected.php?act=2&stream=1&selkey=18343&hlc=2&hlw=

16th March 2015 Sydney Morning Herald

http://www.smh.com.au/business/banking-and-finance/nabs-loans-nightmare-clouds-uk-float-plans-20150316-1m00tl.html

15th March 2015 Financial Review

http://www.afr.com/business/banking-and-finance/financial-services/nabs-uk-headache-becomes-a-migraine-20150315-144gle

14th March 2015 Daily Mail

http://www.dailymail.co.uk/money/news/article-2993966/Clydesdale-Bank-firing-line-businessman-s-claim-mis-sold-loan-unleash-floodgates.html

13th March 2015 Sydney Morning Herald

http://www.smh.com.au/business/banking-and-finance/nabs-uk-arm-clydesdale-bank-under-fresh-fire-over-tailored-business-loans-20150313-142k71.html

13th March 2015 Morning Star

National Australia Bank Ltd. (AU:NAB) (NAUBF) was down 0.4%, with the Australian Financial Review reporting the lender had come under criticism by the U.K. government for "the mis-selling" of a hedging product issued by its Scotland-based Clydesdale Bank.

http://news.morningstar.com/all/market-watch/TDJNMW20150312487/australia-stocks-weaken-as-banks-retailers-move-lower.aspx

13th March 2015 Brisbane Times

http://m.brisbanetimes.com.au/business/banking-and-finance/nabs-uk-arm-clydesdale-bank-under-fresh-fire-over-tailored-business-loans-20150313-142k71.html

12th March 2015 Herald Scotland

http://www.heraldscotland.com/business/company-news/mps-criticise-clydesdale-redress-scheme-for-smes.120478109

11th March 2015 Economia

http://economia.icaew.com/news/march-2015/bank-accused-of-misselling-unregulated-loans

11th March 2015 Financial Times

http://www.ftadviser.com/2015/03/11/ifa-industry/companies-and-people/mps-report-says-clydesdale-mis-sold-unregulated-loans-4r57vCM3ECbOyGm1dgoFhO/article.html

11th March 2015 Daily Mail (This is Money)

http://www.thisismoney.co.uk/money/markets/article-2988740/FCA-fire-MPs-failing-ensure-firms-properly-compensated-mis-sold-rate-swaps.html

10th March 2015 Treasury Select Committee

Conduct and Competition in SME lending.pdf

10th March 2015 Herald Scotland

http://www.heraldscotland.com/business/company-news/incoming-clydesdale-bank-boss-david-duffy-highlights-consolidation-potential.120231650

6th March 2015 Sydney Morning Herald

http://m.smh.com.au/business/banking-and-finance/national-australia-bank-will-need-more-than-remorse-to-satisfy-senate-grilling-20150305-13vwhy.html

4th March 2015 Sky News

http://news.sky.com/story/1438504/nab-woos-investors-for-yorkshire-bank-float

20th February 2015

NCSG funds the initial assessment of the second pilot case. Iain Mitchell instructed to give his Opinion and success rating. (A member who was under the age of 70 upon the expiry of the loan).

9th February 2015

NCSG member has heart attack on first day of trial in Leeds High Court as bank pursues residue debt via his PG. Trial postponed.

7th February 2015 Herald Scotland

http://www.heraldscotland.com/business/company-news/treasury-committee-confirms-legal-opinion-on-excluded-loans.117920320

7th February 2015 Reuters

http://uk.mobile.reuters.com/article/idUKL6N0VG2RY20150206?irpc=932

6th February 2015 Herald Scotland

http://www.heraldscotland.com/mobile/business/company-news/clydesdale-bank-mortgage-book-soars-as-david-thorburn-announces-exit-date.117840670

6th February 2015 Yorkshire Post

http://www.yorkshirepost.co.uk/business/business-news/debbie-crosbie-appointed-acting-ceo-at-yorkshire-and-clydesdale-banks-1-7091573

3rd February 2015

NCSG funds the initial assessment of the first pilot case. Iain Mitchell instructed to give his Opinion and success rating (A member who was over the age of 70 upon the expiry of the loan).

19th January 2015 Insider Media

http://www.insidermedia.com/insider/yorkshire/131612-?utm_source=yorkshire_newsletter&utm_medium=business_article&utm_campaign=yorkshire_news_tracker

12th January 2015 Nottingham University

http://www.nottingham.ac.uk/business/news/dont-expect-queues-around-the-block-to-buy-clydesdale-and-yorkshire-banks.aspx

7th January 2015 Herald Scotland

Clydesdale CEO, David Thorburn, resigns

http://www.heraldscotland.com/business/company-news/thorburn-leaving-clydesdale-bank.115625924

6th January 2015 The Scotsman

Clydesdale CEO, David Thorburn, resigns

http://www.scotsman.com/business/finance/thorburn-stands-down-as-clydesdale-bank-boss-1-3652088

6th January 2015 The Australian

Clydesdale CEO, David Thorburn, resigns