Co-The West Brom RSS feed for the Co-The West Brom tag
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Business
Express & Star 29 Nov 10
West Bromwich Building Society today launched an historic £5 million rebranding that it hopes will help it recover from its financial crisis.
Now trading as ‘the West Brom’, a new purple and green logo is being brought in at all its 39 branches, the High Street headquarters in West Bromwich and its website…
Business
Express & Star 25 Nov 10
West Bromwich Building Society attracted 21,000 new members and cut losses by half in 18 months after being brought to its knees in the recession, it was revealed today.
Bailed out in a £182.5 million deal with the Financial Services Authority after a £48.8 million loss, the society went “Back to Basics”…
Business
Express & Star 25 Oct 10
The West Bromwich Building Society today distanced itself from reports it could become part of a new “super-mutual”.
Reports claimed the society – along with the Skipton, Norwich & Peterborough and Principality societies – could all receive bids from US private equity group JC Flowers…
Business
Express & Star 26 Jul 10
A £660,000 pay and bonus package for West Bromwich Building Society’s chief executive is set to be approved at an annual meeting on Tuesday.
Shareholders are likely to back a package for Robert Sharpe, who was parachuted into the hot seat in October 2008 to bail out the crisis-hit organisation. The deal includes a salary of £390,000 and an annual bonus of £150,000…
Business
Express & Star 2 Jul 10
The boss of crisis-hit West Bromwich Building Society took home £660,000 in pay, bonuses and benefits in the last year, it was revealed today.
Robert Sharpe, employed in October 2008 to bail out the organisation, is also set to oversee a rebranding…
Business
Express & Star 16 Jun 10
The West Bromwich Building Society is moving out of its high street headquarters after 30 years.
The company will be relocating to a brand new office development nearby, it was revealed today. The plan is to shift the society’s 450 head office staff to the new All Saints development in West Bromwich by early 2012…
Business
BusinessDesk 28 May 10
Losses at the West Bromwich Building Society have fallen sharply in the past year, the mutual has announced.
Post-tax losses from continuing operations have been reduced by more than two-thirds, from £39.3m to £11.2m for the year to March 31, 2010…
Business news
Express & Star 10 Mar 10
Up to 80 jobs are being axed and 11 branches closed in sweeping cuts at the West Bromwich Building Society as the company rationalises to concentrate on its Birmingham and Black Country heartland. Fifty staff will lose their jobs at the society’s main office in West Bromwich and four branches in Birmingham and the Black Country are to close…
Business news
John Cranage B'ham Post 30 Dec 09
Restructuring of the loss-making West Bromwich Building Society’s board of directors has been completed with the appointment of a new chairman. Succeeding Brian Woods-Scawen after six years is Mark Nicholls, a senior City of London figure with wide experience of the financial services sector…
Business news
John Griffin B’ham Mail 27 Nov 09
West Bromwich Building Society chalked up losses of £8.4 million for the half-year to September 30, new figures have revealed…