His prior experience includes building key elements of the infrastructure for Capital One bank plc (Europe) as it grew from start-up to over 2,000 people.
(The gold standard for this was a man who, having been charged for being overdrawn, changed his name to "Yorkshire Bank plc are Fascist Bastards", and forced the bank to write a cheque, payable to him under the new moniker).Ryanair may have legitimate reasons for its behaviour.
The United Bank for Africa (UBA) plc, Access Bank plc, and other universal banks in Nigeria outsourced Automated Teller Machines (ATM) to a company called inter-switch.
It's undeniably true that, as the parliamentary commission on banking standards catalogued so damningly earlier this year, the banking plcs that appeared to be the future when a wave of demutualisations swept through the financial sector in the 1990s have not served society, the taxpayer, or Britain's businesses well.
Hoffman had overseen the restructuring of Northern Rock into the "good bank", Northern Rock plc, and UK Asset Resolution – the "bad bank" that incorporates loans from Bradford & Bingley and the old Northern Rock.
Two companies have been advising the government on the sale: venerable British merchant bank Schroders Plc. and regional securities firm Wood & Co.
Global credit card and payments firm Visa International said on Tuesday it has hired Christopher Rodrigues, the chief executive of the small British bank Bradford & Bingley Plc, as its new boss.
The Co-op Bank is structured as a plc, wholly owned by the parent Co-operative Group, with its large retailing, pharmacy, farming and funeral business interests.
The bank was split into Northern Rock plc, which resumed lending and was sold to Virgin Money at the start of this year, and Northern Rock Asset Management, the "bad bank", which remains in public hands.
By the standards of recent bitter bank and mining company AG Ms, ITVplc's event today was relatively cosy, eased along by a feelgood show reel called The Brighter Side, with Susan Boyle living the dream.
The bank, which is already a plc but owned by a mutual, will also focus on retail and small business banking and pare back costs, although precise details of the scale of job losses are not expected to be published in the prospectuses.
