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Derek Wanless
Sir Derek Wanless (29 September 1947 – 22 May 2012) was an English banker and an adviser to the Labour Party. Biography Derek Wanless was born in Newcastle upon Tyne, where he was educated at the Royal Grammar School. From 1967 to 1970, he was an undergraduate in mathematics at King's College, Cambridge, which he attended on a support grant from Westminster Bank, graduating as Senior Wrangler in 1970. He subsequently moved into banking, qualifying as a statistician and he attended the Program for Management Development at Harvard. He was a member of the Institute of Statisticians and a Fellow of the Chartered Institute of Bankers, of which he was president of in 1999. He had joined Westminster Bank, a constituent of the present National Westminster Bank in 1967, beginning with a Saturday job, before becoming NatWest's director of personal banking from 1986 to 1988. Then becoming the general manager for UK Branch Business and UK Financial Services before, in 1992, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Newcastle Upon Tyne
Newcastle upon Tyne ( RP: , ), or simply Newcastle, is a city and metropolitan borough in Tyne and Wear, England. The city is located on the River Tyne's northern bank and forms the largest part of the Tyneside built-up area. Newcastle is also the most populous city of North East England. Newcastle developed around a Roman settlement called Pons Aelius and the settlement later took the name of a castle built in 1080 by William the Conqueror's eldest son, Robert Curthose. Historically, the city’s economy was dependent on its port and in particular, its status as one of the world's largest ship building and repair centres. Today, the city's economy is diverse with major economic output in science, finance, retail, education, tourism, and nightlife. Newcastle is one of the UK Core Cities, as well as part of the Eurocities network. Famous landmarks in Newcastle include the Tyne Bridge; the Swing Bridge; Newcastle Castle; St Thomas’ Church; Grainger Town includin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Health Service
The National Health Service (NHS) is the umbrella term for the publicly funded healthcare systems of the United Kingdom (UK). Since 1948, they have been funded out of general taxation. There are three systems which are referred to using the "NHS" name (NHS England, NHS Scotland and NHS Wales). Health and Social Care in Northern Ireland was created separately and is often locally referred to as "the NHS". The four systems were established in 1948 as part of major social reforms following the Second World War. The founding principles were that services should be comprehensive, universal and free at the point of delivery—a health service based on clinical need, not ability to pay. Each service provides a comprehensive range of health services, free at the point of use for people ordinarily resident in the United Kingdom apart from dental treatment and optical care. In England, NHS patients have to pay prescription charges; some, such as those aged over 60 and certain state ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wholesale Funding
Wholesale funding is a method that banks use in addition to core demand deposits to finance operations and manage risk. Wholesale funding sources include, but are not limited to, Federal funds, public funds (such as state and local municipalities), U.S. Federal Home Loan Bank advances, the U.S. Federal Reserve's primary credit program, foreign deposits, brokered deposits, and deposits obtained through the Internet or CD listing services. Rationale Although core deposits continue to be a key liability funding source, many insured depository institutions have experienced difficulty attracting core deposits and are increasingly looking to wholesale funding sources to satisfy funding and liability management needs. Liquidity risk Wholesale funding providers are generally sensitive to changes in the credit risk profile of the institutions to which they provide these funds and to the interest rate environment. For instance, such providers closely track the institution's financial condit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coventry University
, mottoeng = By Art and Industry , established = , type = Public , endowment = £28 million (2015) , budget = £787.5 million , chancellor = Margaret Casely-Hayford , vice_chancellor = John Latham , students = () , undergrad = () , postgrad = () , city = Coventry , country = England , campus = Urban, CU London , coordinates = , former_names = Coventry Polytechnic (1987–1992)Lanchester Polytechnic (1970–1987) , colours = Coventry Blue , website = , logo = File:Coventry_University_logo.svg , image_name = File:Coventry_University_coat_of_arms_(updated).png , image_size = 150px , caption = Coat of arms of Coventry University , faculty = 1,890 , affiliations = Coventry University is a public research university in Coventry, England. The origins of Coventry University can be linked to the founding of the Coventry School of Design in 1843. It was known as Lanchester Polytechnic from 1970 until 1987, and then as Coventry Polytechnic until ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Durham University
, mottoeng = Her foundations are upon the holy hills ( Psalm 87:1) , established = (university status) , type = Public , academic_staff = 1,830 (2020) , administrative_staff = 2,640 (2018/19) , chancellor = Sir Thomas Allen , vice_chancellor = Karen O’Brien , city = Durham and Stockton-on-Tees , state = , country = England , campus_size = , students = () , undergrad = () , postgrad = () , free_label = Student newspaper , free = ''Palatinate'' , colours = Palatinate , endowment = £98.2 million , budget = £393.2 million , academic_affiliations = Russell Group ACU Coimbra Group EUA N8 Group Matariki Network of Universities University of the Arctic Universities UK Virgo Consortium , sporting_affiliations = BUCS, Wallace Group , sports_free_label = Sports team , sports_free = Team Durham , website = , logo = , embedded = Durham University (legally the University of Durham) is a collegiate public research ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2005 New Year Honours
New Year Honours were granted in the United Kingdom and New Zealand at the start of 2005. Among these in the UK were knighthoods awarded to Mike Tomlinson, the educationalist; Derek Wanless, who led a review of the National Health Service; and Brian Harrison, editor of the ''Oxford Dictionary of National Biography''. The former athlete Kelly Holmes was made a Dame. The television presenter Alan Whicker was awarded a CBE. United Kingdom Knights Bachelor * Clive John Bourne, J.P. For services to Charity and to Education. * Professor Robert Rees Davies, C.B.E., lately Chichele Professor of Medieval History at the University of Oxford. For services to History. * Robert Gerard Finch, lately Lord Mayor of London. For services to the City of London. * Professor Andrew Paul Haines, dean of the London School of Hygiene and Tropical Medicine. For services to Medicine. * Professor Brian Howard Harrison, lately editor of the Oxford Dictionary of National Biography. * Alan Jeffrey ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Knighthood
A knight is a person granted an honorary title of knighthood by a head of state (including the Pope) or representative for service to the monarch, the Christian denomination, church or the country, especially in a military capacity. Knighthood finds origins in the Ancient Greece, Greek ''hippeis'' and ''hoplite'' (ἱππεῖς) and Ancient Rome, Roman ''Equites, eques'' and ''centurion'' of classical antiquity. In the Early Middle Ages in Europe, knighthood was conferred upon Equestrianism, mounted warriors. During the High Middle Ages, knighthood was considered a class of lower nobility. By the Late Middle Ages, the rank had become associated with the ideals of chivalry, a code of conduct for the perfect Court (royal), courtly Christian warrior. Often, a knight was a vassal who served as an elite fighter or a bodyguard for a lord, with payment in the form of land holdings. The lords trusted the knights, who were skilled in Horses in warfare, battle on horseback. Knighthood ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
City Of London
The City of London is a city, ceremonial county and local government district that contains the historic centre and constitutes, alongside Canary Wharf, the primary central business district (CBD) of London. It constituted most of London from its settlement by the Romans in the 1st century AD to the Middle Ages, but the modern area named London has since grown far beyond the City of London boundary. The City is now only a small part of the metropolis of Greater London, though it remains a notable part of central London. Administratively, the City of London is not one of the London boroughs, a status reserved for the other 32 districts (including Greater London's only other city, the City of Westminster). It is also a separate ceremonial county, being an enclave surrounded by Greater London, and is the smallest ceremonial county in the United Kingdom. The City of London is widely referred to simply as the City (differentiated from the phrase "the city of London" by capita ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Freedom Of The City
The Freedom of the City (or Borough in some parts of the UK) is an honour bestowed by a municipality upon a valued member of the community, or upon a visiting celebrity or dignitary. Arising from the medieval practice of granting respected citizens freedom from serfdom, the tradition still lives on in countries such as the United States, United Kingdom, Ireland, Australia, Canada, South Africa and New Zealand—although today the title of "freeman" confers no special privileges. The Freedom of the City can also be granted by municipal authorities to military units which have earned the city's trust; in this context, it is sometimes called the Freedom of Entry. This allows them the freedom to parade through the city, and is an affirmation of the bond between the regiment and the citizenry. The honour was sometimes accompanied by a "freedom box", a small gold box inscribed to record the occasion; these are not usual today. In some countries, such as the United States, esteeme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pancreatic Cancer
Pancreatic cancer arises when cells in the pancreas, a glandular organ behind the stomach, begin to multiply out of control and form a mass. These cancerous cells have the ability to invade other parts of the body. A number of types of pancreatic cancer are known. The most common, pancreatic adenocarcinoma, accounts for about 90% of cases, and the term "pancreatic cancer" is sometimes used to refer only to that type. These adenocarcinomas start within the part of the pancreas that makes digestive enzymes. Several other types of cancer, which collectively represent the majority of the non-adenocarcinomas, can also arise from these cells. About 1–2% of cases of pancreatic cancer are neuroendocrine tumors, which arise from the hormone-producing cells of the pancreas. These are generally less aggressive than pancreatic adenocarcinoma. Signs and symptoms of the most-common form of pancreatic cancer may include yellow skin, abdominal or back pain, unexplained weight loss, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Run On The Bank
A bank run or run on the bank occurs when many clients withdraw their money from a bank, because they believe the bank may cease to function in the near future. In other words, it is when, in a fractional-reserve banking system (where banks normally only keep a small proportion of their assets as cash), numerous customers withdraw cash from deposit accounts with a financial institution at the same time because they believe that the financial institution is, or might become, insolvent; they keep the cash or transfer it into other assets, such as government bonds, precious metals or gemstones. When they transfer funds to another institution, it may be characterized as a capital flight. As a bank run progresses, it may become a self-fulfilling prophecy: as more people withdraw cash, the likelihood of default increases, triggering further withdrawals. This can destabilize the bank to the point where it runs out of cash and thus faces sudden bankruptcy. To combat a bank run, a b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nationalisation Of Northern Rock
In 2008 the Northern Rock bank was Nationalization, nationalised by the Government of the United Kingdom, British government, due to financial problems caused by the subprime mortgage crisis. In 2010 the bank was split into two parts (Northern Rock (Asset Management), assets and banking) to aid the eventual sale of the bank back to the private sector. On 14 September 2007, the bank sought and received a liquidity support facility from the Bank of England, as a result of its exposure in the credit markets, during the Financial crisis of 2007–2008, 2008 financial crisis. On 22 February 2008 the bank was Nationalization, taken into state ownership. The nationalisation followed two unsuccessful bids to take over the bank, neither being able to fully commit to repayment of savers' and investors' money. In 2012 Virgin Money UK, Virgin Money completed the purchase of Northern Rock from UK Financial Investments (UKFI) for approximately £1 billion and by October of that year the high s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
