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Financial Services Trade And Investment Board
The Financial Services Trade and Investment Board (FSTIB) is part of HM Treasury and is a partnership between the UK Government and industry. The Board meets on a quarterly basis to develop high-growth initiatives such as Renminbi internationalisation, green finance and financial technology. Its aim is to strengthen Britain's position as the centre of global finance and deliver jobs and growth across the country. The FSTIB works closely with the Financial Services Organisation (FSO). The FSO is a key delivery partner for the FSTIB's initiatives. History The FSTIB was formed by Chancellor George Osborne in Budget 2013 to promote the UK's financial services industry. The Board first met on 8 October 2013 and was charged with leading the government's drive to promote external trade, attract inward investment and lift market access barriers for the UK's financial services sector. In July 2015, the Chancellor re-launched the FSTIB with a new board composed of senior representatives ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HM Treasury
His Majesty's Treasury (HM Treasury), occasionally referred to as the Exchequer, or more informally the Treasury, is a department of His Majesty's Government responsible for developing and executing the government's public finance policy and economic policy. The Treasury maintains the Online System for Central Accounting and Reporting (OSCAR), the replacement for the Combined Online Information System (COINS), which itemises departmental spending under thousands of category headings, and from which the Whole of Government Accounts (WGA) annual financial statements are produced. History The origins of the Treasury of England have been traced by some to an individual known as Henry the Treasurer, a servant to King William the Conqueror. This claim is based on an entry in the Domesday Book showing the individual Henry "the treasurer" as a landowner in Winchester, where the royal treasure was stored. The Treasury of the United Kingdom thus traces its origins to the Treasury of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inga Beale
Dame Inga Kristine Beale, DBE (born 15 May 1963) is a British businesswoman and the former CEO of Lloyd's of London. In June 2018, it was announced that she would be stepping down as CEO of Lloyd's after leading the global insurance and reinsurance market for five years, embedding modernisation and cultural change during her tenure. Early life and education Beale is the second child of an English father and a Norwegian mother. She studied economics and accounting at Newbury College, Berkshire. Career Beale started her career in 1982 at Prudential Assurance Company in London. She trained as an underwriter, specialising in international treaty reinsurance. The industry was composed predominantly of men at the time; she once took issue with posters in the office depicting half-naked women, only to have her colleagues plaster them across her computer and chair. She took a year off in 1989, cycling in Australia and backpacking in Asia. She left Prudential in 1992 to work as an underw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Department For International Trade
The Department for International Trade (DIT) is a Departments of the Government of the United Kingdom, department of Government of the United Kingdom, His Majesty's Government responsible for striking and extending trade agreements between the United Kingdom and foreign countries, as well as for encouraging foreign investment and export trade. DIT's purpose is to develop, coordinate and deliver a new trade policy for the United Kingdom, including preparing for and then negotiating free trade agreements and market access deals with non-EU countries. It is overseen by the Secretary of State for International Trade, currently Kemi Badenoch. History The department was created by former Prime Minister of the United Kingdom, Prime Minister Theresa May, shortly after she took office on 13 July 2016, following the United Kingdom's vote to 2016 United Kingdom European Union membership referendum, leave the European Union. It took on the responsibilities of UK Trade & Investment, which ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parliamentary Under-Secretary Of State
Parliamentary Under-Secretary of State (or just Parliamentary Secretary, particularly in departments not led by a Secretary of State (United Kingdom), Secretary of State) is the lowest of three tiers of Minister (government), government minister in the Government of the United Kingdom, UK government, immediately junior to a Minister of State, which is itself junior to a Secretary of State. Background The Ministerial and Other Salaries Act 1975 provides that at any one time there can be no more than 83 paid ministers (not counting the Lord Chancellor, up to 3 law officers and up to 22 whips). Of these, no more than 50 ministers can be paid the salary of a minister senior to a Parliamentary Secretary. Thus if 50 senior ministers are appointed, the maximum number of paid Parliamentary Secretaries is 33. The limit on the number of unpaid Parliamentary Secretaries is given by the House of Commons Disqualification Act 1975 ensuring that no more than 95 government ministers of any ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mark Garnier
Mark Robert Timothy Garnier (born 26 February 1963) is a British Conservative Party politician and former banker. He was first elected as Member of Parliament (MP) for Wyre Forest at the 2010 general election. Garnier was re-elected at the 2015, 2017 and 2019 general elections. He was a junior minister at the Department for International Trade from July 2016 to January 2018. Since 2020, he has been chair of the Committees on Arms Export Controls. Early life and career Mark Garnier was born in London to Peter and Patricia Garnier on 26 February 1963. He was privately educated at the independent Dulwich College Preparatory School, London, and Charterhouse. In 1981, he joined the London Stock Exchange as a junior clerk on the Gilts Markets. In 1986, he left to join a succession of investment banks, working in the Far East Equity markets. Between 1989 and 1995 he worked as managing director for South China Securities, he followed this with a directorship for a year at the Japa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard Life
Standard Life is a life assurance, pensions and long-terms savings company in the UK which is owned by Phoenix Group. History 1825–2010 The Standard Life Assurance Company was established in 1825 and was reincorporated as a mutual assurance company in 1925.Standard Life history: One of the first Empire builders The Scotsman, 2 September 2010 During the 19th century it opened offices in Canada, India, China and, . In 2006 took place and the company was floated on the |
Gerry Grimstone
Gerald Edgar Grimstone, Baron Grimstone of Boscobel (born 27 August 1949) is a British businessman. He was previously chairman of Barclays Bank plc and of Standard Life and group deputy chairman of Barclays plc, the holding company for the Barclays Group. On 18 March 2020, he became an unpaid minister at the Department for International Trade and the Department for Business, Energy and Industrial Strategy, and it was announced he would become a life peer. Early life Gerald Edgar Grimstone was born in August 1949, in Streatham, London, the son of a carpet fitter father. Grimstone has described his father as a "working class intellectual" and a senior member of the UK Communist Party. He was educated at the Whitgift School, Croydon, and Merton College, Oxford, where he received a degree in chemistry. Career Grimstone worked as a civil servant from 1972 to 1986, and then as a director of Schroders from 1986 to 1999. Grimstone was chairman of Standard Life (now Standard Life Ab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group (LSEG, that it also lists ()). The LSE was the most-valued stock exchange in Europe from 2003 when records began till Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe’s largest stock exchange 10 days later. History Coffee House The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably Jona ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Xavier Rolet
Xavier R. Rolet (born 12 November 1959) is a French businessman and the chairman and chief executive officer (CEO) of World Quantum Growth Acquisition Corporation, a NYSE-listed company (WQGA.U). He was CEO of CQS until January 2020, and before that, CEO of the London Stock Exchange Group. He was included in the 2017 Harvard Business Review's List of the Best 100 CEOs in the World and is a frequent keynote speaker at business events. Rolet is an advocate for supporting start-ups and the funding of SMEs to promote innovation and job creation. Early life Rolet was born in Aix-les-Bains, France. He is the eldest of three children born to military parents. His early life was spent in Algeria and France. After graduating from the KEDGE Business School with an MSc in management science and finance in 1981, he served as a second lieutenant and Instructor at the French Air Force Academy, earned an MBA from Columbia Business School in 1984 and a post-graduate degree from Paris-based ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TheCityUK
TheCityUK is a private-sector membership body and industry advocacy group promoting the financial services, financial and related professional services industry of the United Kingdom (UK). TheCityUK is often referred to as the industry's "most powerful" or "most prominent" lobbyists with close links to the UK Government and to policymakers in Brussels and Washington. Although 'The City' in the UK usually refers to the City of London, one of the world's Global Financial Centres Index, foremost financial centres, the organisation also represents the industry throughout the UK. As a business-led body, TheCityUK is distinct from the City of London Corporation which is the local government administrative body for the district of London which contains the traditional heart of the city's financial services industry, sometimes referred to as the City of London, Square-Mile. The organisation focuses on three main areas: * Overseas promotion: it promotes the UK overseas as a world-class c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Santander UK
Santander UK plc (, ) is a British bank, wholly owned by the Spanish Santander Group. Santander UK plc manages its affairs autonomously, with its own local management team, responsible solely for its performance. Santander UK is one of the leading personal financial services companies in the United Kingdom, and one of the largest providers of mortgages and savings in the United Kingdom. The bank has circa 20,000 employees, 14 million active customers, 64 corporate business centres. The bank, with its head office in Airdrie, Scotland, was established on 11 January 2010, when Abbey National plc was combined with the savings business and branches of Bradford & Bingley plc, and renamed Santander UK plc. Alliance & Leicester plc merged into the renamed business in May 2010. In a March 2020 moneysavingexpert.com poll, customers satisfaction with the levels of customer service ranked Santander second among major high street banks. In October 2011, Moody's downgraded the credit ra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nathan Bostock
Nathan Mark Bostock (born October 1960) is a British banker, and was the CEO of Santander UK, until leaving the role in 2022. Early life Nathan Bostock was born in October 1960. He has a bachelor's degree in mathematics. Career Bostock started his career training as an accountant with Coopers & Lybrand before working for Chase Manhattan Bank in risk analysis and interest rate derivatives from 1988 to 1992, rising to head of risk analysis and finance, treasury and interest derivatives (Europe). Bostock worked for RBS for nine years from 1993 to 2001, rising to head of risk. From 2001 to 2009, Bostock worked for Abbey National (now Santander UK), and was a main board director from 2005. In June 2009, Bostock returned to RBS as the "new right-hand man" to CEO Stephen Hester, tasked with trying to sell off non-core assets. He joined RBS as head of restructuring and risk, later becoming group chief risk officer and then finance director. In 2011 he turned down a move to head up th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
