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"It's about much more than financial services today.
"The biggest challenge we are facing in financial services today," Ms. Saeger said, is the public distrust of the industry.
"The Net has opened up the customer's perception of what a bank can be, and customers feel that the virtual bank is more in tune with the way they need to shop and buy financial services today," she said.
"We believe we have the very best leadership team in financial services today, and a key to retaining that talent for the long term is to compensate our senior leaders competitively and to align their interests with those of our shareholders," Stephen W. Sanger, who leads Wells Fargo's compensation committee, said in a statement last December.
Says Windle Priem, banking specialist at executive recruiter Korn/Ferry International, "The CIO is the single hottest job in financial services today".
"Banks are at a competitive disadvantage, with fintech elements a reality at every stage of financial services today.
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Varley chaired Barclays asset-managementt operations before his surprise appointment as head of retail financial services a year ago.
Lloyds TSB is planning to launch further sharia-compliant financial services later this year.
A multimillionaire banker described as "the biggest fare dodger in history" was banned for life from working in financial services yesterday, as he claimed he had failed to pay for train tickets on only "a small number of occasions".
Gancia, a wine and vermouth firm with burdensome debts of €35m, sold a 70% stake to Russian Standard Corporation, a Moscow-based firm whose business is a rum cocktail of drinks and financial services, last December.
February 4, 2014 Sean Farrell (@farrell_s) FSA's Wheatley agrees with John Mann no other industry has had comparable level of quantifiable wrongdoing to that of financial services February 4, 2014 Updated at 11.35am GMT 10.50am GMT Greek government to push Swiss over tax evasion Protests outside the Greek finance ministry in Athens today.
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