Kalyeena Makortoff
Banking Correspondent at The Guardian
Banking correspondent at the @Guardian. Tips to [email protected] Previously @PA, @CNBC. Canadian transplant. Views my own.
Articles
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1 week ago |
theguardian.com | Kalyeena Makortoff
Nationwide’s chief executive, Debbie Crosbie, could land a maximum pay package of nearly £7m as part of a new bonus plan that has been criticised as “borderline hypocritical” for a UK building society. The pay policy, which will be put to its customers next month, would raise Crosbie’s maximum payout by 43% to £6.9m. She had previously been allowed to earn up to £4.8m under the building society’s remuneration guidelines.
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1 week ago |
theguardian.com | Kalyeena Makortoff
Metro Bank shares have surged to a two year-high following news of a takeover approach by a London private equity firm that could create uncertainty for customers and staff. It emerged over the weekend that Pollen Street Capital has sounded out Metro Bank bosses over a potential deal, which could take the listed lender off the London Stock Exchange and back into private hands.
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1 week ago |
theguardian.com | Kalyeena Makortoff
It is every bank boss’s worst nightmare: a panicked phone call informs them a cyber-attack has crippled the IT system, rapidly unleashing chaos across the entire UK financial industry. As household names in other industries, including Marks & Spencer, grapple with the fallout from such hacks, banking executives will be acutely aware that, for them, the stakes are even higher. Within hours of a successful bank hack, millions of direct debits could fail, leaving rents, mortgages and wages unpaid.
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1 week ago |
buff.ly | Kalyeena Makortoff
It is every bank boss’s worst nightmare: a panicked phone call informs them a cyber-attack has crippled the IT system, rapidly unleashing chaos across the entire UK financial industry. As household names in other industries, including Marks & Spencer, grapple with the fallout from such hacks, banking executives will be acutely aware that, for them, the stakes are even higher. Within hours of a successful bank hack, millions of direct debits could fail, leaving rents, mortgages and wages unpaid.
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2 weeks ago |
theguardian.com | Kalyeena Makortoff
Bosses at Credit Suisse were warned against dealing with the Australian financier Lex Greensill’s eponymous company three years before the collapse of his Greensill Capital, which once employed the former UK prime minister David Cameron as an adviser.
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I will be joining my colleagues at the Guardian and Observer who are on strike for 48 hours over the sale of the Observer. I will be back at work on Friday. For more information please follow @GoNUJ93 and @NUJofficial or visit https://t.co/TtBhC4cmap
Exclusive: Women who gave private evidence to parliament's Sexism in the City inquiry share their stories of discrimination and bullying with the Guardian 'No matter how hard I work, they will never ever recognise me’ https://t.co/kh9UiSbC3l
One of the hardest and most personal things I’ve ever had to write: Canada’s apology came too late for my Doukhobor grandfather, who was stolen, abused and thrown into a residential school at 8 years old https://t.co/rWcVP3TKQX
