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City Moves: Who's switching jobs in the Square Mile this week?


Allan Clare
Financial crime, risk and compliance specialist firm Plenitude has hired a new senior advisor from HSBC this week.
Former HSBC UK head of financial crime compliance and money laundering reporting officer, Allan Clare, will help Plenitude execute its business strategy to keep up with the evolving financial crime landscape.
“Allan will play a key role in terms of guiding the business and providing strategic advice which will be invaluable,” managing director, Alan Paterson, said.
“This builds on our recent appointments of Barbara Patow and Shahmeem Purdasy and further demonstrates the calibre of our senior leadership team at Plenitude.” ....

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Santander on the hunt for a new UK chief executive


Santander UK boss Nathan Bostock has announced he is stepping down from the helm at the end of the year to take on a new role in the wider group.
The lender reported a marked first quarter profit boost, up from £114million a year go to £184million, amid the mass vaccine rollout and shoots of optimism in the economy.   
The group saw a sharp drop in provisions for loans expected to turn sour. Provisions for bad debts now stand at £5million, down from £165million a year ago. 
More optimistic: Santander saw a sharp drop in provisions for loans expected to turn sour ....

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