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Monday 16 February 2015 12:10 amPhoenix chair Sir Howard Davies asks Clive Bannister to explain himself over HSBCBy: Express KCSShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedIn <a href=https://www.stanley-uk.uk>stanley cup</a> WhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleFormer private banking boss at HSBC Clive Bannister has come under pressure from the chairman of Phoenix <a href=https://www.stanley-usa.us>stanley cup</a> Group, the insurance company he now runs, to explain his role at HSBC, after revelations that the bankrsquo Swiss arm helped some clients evade taxes.Phoenix chairman Sir Howard Davies contacted board members last week to inform them that Bannister <a href=https://www.polenes.com.de>polene</a> , who is chief executive of the closed life funds group, had been the subject of media comment after it emerged he was head of HSBCrsquo private bank in Switzerland at the time it provided services to drug dealers, fraudsters and tax evaders. Bannister has since given board members a factual account of his time at HSBC. Yesterday, when contacted by City A.M., Bannister was not available to comment. For the time being the amiable Bannister, son of the four-minute miler Roger, appears to have the support of colleagues at Phoenix. Davies, a well-known City figure and current head of the UK Airports Commission, once stepped down from a high profile position as chair of the London School of Economics following concern about a decision to accept funding from a foundation controlled by former Libyan dictator Muammar Gaddafirsquo son, Saif.<>The interest Guod BC Partners raises pound;672m in German IP0
Tuesday 11 February 2014 4:37 amThe Vodafone deal bringing money transfers to 200 countriesBy: Harriet GreenShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleA new dealbetween Vodafone, developer on money transfer facility M-Pesa, and MoneyGram will give M-Pesa users the ability to transfer funds globally.People will be able to send money to an M-Pesa account direct, using an app <a href=https://www.cup-stanley.ca>stanley canada</a> or MoneyGram s website.The agreement between the mobile giant and fund transfer company will give customers the ability to transfer money from around 200 countries to M-Pesa users ndash; of which there are several million across Af <a href=https://www.stanleyquencher.uk>stanley quencher uk</a> rica, the Middle East and South Asia.The World Bank estimates that over half of inhabitants in countries which M-Pesa is available donrsquo;t have access to a traditional bank account. M-Pesa is used by direct money transfer charities like Give Directly, but is predominantly used as a low-cost method to transfer funds across borders and rural areas.Michael Joseph, Vodafone director of M-Pesa said:There is huge demand for sending funds back to family and friends in your home market and an estimated $90bn per year is transferred to M-Pesa markets from around the globe. Our partnership with MoneyGram provides the most extensive global network and greatest number of access points for consumers wishing to transfer funds to M-Pesa users. <a href=https://www.owala-water-bottle.us>owala website</a> Share this articleFacebookXLinkedInWhatsApp