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First Direct took its first call on 12:01 am on 1 October 1989; more than 1,000 calls were taken within the first twenty four hours. The launch of First Direct in 1989 was advertised twofold. Firstly, there was an advert for Audi which was interrupted by a broadcast purportedly back in time from 2010, celebrating the 21st anniversary of the ...
In October 1989, First Direct was established and was at the forefront of telephone banking, with person to person service available twenty four hours a day, 365 days a year. [5] In June 1992, following a brief bidding war with Lloyds Bank, HSBC Holdings plc acquired full ownership of Midland Bank.
It was first launched in the USA [178] in November 2005 and is based on HSBC's 'First Direct' subsidiary in Britain which was launched in the 1980s. The service is now also available in Taiwan, [179] South Korea, [180] Australia, France. [181] Poland is launching business direct in September 2009. In the US, HSBC Direct is now part of HSBC ...
It had previously been speculated that HSBC might revive the Midland Bank name or use the first direct brand for its branch network. The new name was rolled out in 2018. [9] As part of setting up the new bank, a new board and legal structure was created. In November 2016, Clara Furse was named as the first Chairwoman of HSBC UK Bank plc. [10]
Stanley E. Hubbard founded United States Satellite Broadcasting (USSB) [13] and was a leading proponent for the development of direct-broadcast satellite service in the United States. [14] HHMI and other companies believed in the early 1990s that technology would soon make digital satellite television affordable. [15]
Direct Line is an insurance company based in Bromley, England. Founded in 1985, as the country's first direct car insurance company, it has since expanded to offer a range of general insurance products. Its policies are underwritten by the regulated subsidiary UK Insurance Limited, and it is owned by the Direct Line Group.
In 1999 Wood founded esure, this time in partnership with the Halifax bank, [20] which provided £150 million of startup capital. [21] esure used the same business model as Direct Line and targeted the same customer base, establishing a foothold in the market before following with a subsidiary (First Alternative) in 2003 for drivers of higher premium vehicles.
This is an accepted version of this page This is the latest accepted revision, reviewed on 27 January 2025. British entrepreneur (born 1964) Mike Ashley Ashley in 2023 Born Michael James Wallace Ashley (1964-09-09) 9 September 1964 (age 60) Walsall, Staffordshire, England Occupation Businessman Years active 1980–present Title CEO of Sports Direct (1982–2018) Newcastle United owner (2007 ...