Latest news with #Crosbie
South Wales Argus
a day ago
- Business
- South Wales Argus
Nationwide customers angry at 'controversial' decision
Three years after taking over as the chief executive of Nationwide Building Society, Ms Crosbie has received a 43 per cent increase to her maximum pay package, worth up to £7m per year. 'The truth is that mutuals have often been seen as niche: a 'nice to have but not essential',' says Peter Hunt, the founder of UK-based mutuals consultancy Mutuo. If you are a member of Nationwide Building Society please consider voting against CEO Pay Pay of all directors Don't re-elect any director as they all have their snouts in the trough. Cast you own vote. Don't give proxy votes to directors. 👎👎👎👎 — Prem Sikka (@premnsikka) June 18, 2025 'Nationwide is a domestically systemic banking institution,' the Building Societies Association (BSA) chief executive, Robin Fieth, said this weekend. 'It gives scale and importance to the whole of our sector.' James Sherwin-Smith, a longtime Nationwide customer, told the Guardian that Nationwide has been 'debasing … member rights … despite all the lovely positive PR that Nationwide puts out about having your say, and that they're a beacon for mutual good. "When I scratch the surface of that, I do not find substance.' Recommended reading: Edwin Fisher of the Building Societies Members Association said Nationwide is the 'most controversial, and has, in our opinion, the lowest standards of corporate governance'. 'They regularly churn out the line that members are the owners, but we all know that members have no say in anything,' he said. 'From the extensive engagement that we have with our members, we cannot see any evidence that our leading customer service, support for first-time buyers, growing market shares and record member financial value is in any way controversial,' Nationwide said.
Leader Live
2 days ago
- Business
- Leader Live
Nationwide customers angry at 'controversial' decision
Three years after taking over as the chief executive of Nationwide Building Society, Ms Crosbie has received a 43 per cent increase to her maximum pay package, worth up to £7m per year. 'The truth is that mutuals have often been seen as niche: a 'nice to have but not essential',' says Peter Hunt, the founder of UK-based mutuals consultancy Mutuo. If you are a member of Nationwide Building Society please consider voting against CEO Pay Pay of all directors Don't re-elect any director as they all have their snouts in the trough. Cast you own vote. Don't give proxy votes to directors. 👎👎👎👎 'Nationwide is a domestically systemic banking institution,' the Building Societies Association (BSA) chief executive, Robin Fieth, said this weekend. 'It gives scale and importance to the whole of our sector.' James Sherwin-Smith, a longtime Nationwide customer, told the Guardian that Nationwide has been 'debasing … member rights … despite all the lovely positive PR that Nationwide puts out about having your say, and that they're a beacon for mutual good. "When I scratch the surface of that, I do not find substance.' Recommended reading: Edwin Fisher of the Building Societies Members Association said Nationwide is the 'most controversial, and has, in our opinion, the lowest standards of corporate governance'. 'They regularly churn out the line that members are the owners, but we all know that members have no say in anything,' he said. 'From the extensive engagement that we have with our members, we cannot see any evidence that our leading customer service, support for first-time buyers, growing market shares and record member financial value is in any way controversial,' Nationwide said.
South Wales Guardian
2 days ago
- Business
- South Wales Guardian
Nationwide customers angry at 'controversial' decision
Three years after taking over as the chief executive of Nationwide Building Society, Ms Crosbie has received a 43 per cent increase to her maximum pay package, worth up to £7m per year. 'The truth is that mutuals have often been seen as niche: a 'nice to have but not essential',' says Peter Hunt, the founder of UK-based mutuals consultancy Mutuo. If you are a member of Nationwide Building Society please consider voting against CEO Pay Pay of all directors Don't re-elect any director as they all have their snouts in the trough. Cast you own vote. Don't give proxy votes to directors. 👎👎👎👎 'Nationwide is a domestically systemic banking institution,' the Building Societies Association (BSA) chief executive, Robin Fieth, said this weekend. 'It gives scale and importance to the whole of our sector.' James Sherwin-Smith, a longtime Nationwide customer, told the Guardian that Nationwide has been 'debasing … member rights … despite all the lovely positive PR that Nationwide puts out about having your say, and that they're a beacon for mutual good. "When I scratch the surface of that, I do not find substance.' Recommended reading: Edwin Fisher of the Building Societies Members Association said Nationwide is the 'most controversial, and has, in our opinion, the lowest standards of corporate governance'. 'They regularly churn out the line that members are the owners, but we all know that members have no say in anything,' he said. 'From the extensive engagement that we have with our members, we cannot see any evidence that our leading customer service, support for first-time buyers, growing market shares and record member financial value is in any way controversial,' Nationwide said.
Irish Daily Mirror
4 days ago
- Irish Daily Mirror
Online fundraiser for Dublin firefighter accused of rape in US taken down
An online fundraising campaign launched by the family of Dublin firefighter Terence Crosbie, who is accused of raping an American woman in a Boston hotel room in March last year, has been shut down. The 38-year-old's court hearing last month which ended in a mistrial heard that the Dublin native was in the American city with work colleagues as part of the St Patrick's Day celebrations on March 14, last year. His trial, in which he pleaded not guilty, began in the Suffolk County Courthouse in Boston, Massachusetts on June 9, before presiding judge Sarah Weyland Ellis. Mr Crosbie's next trial is due to take place on October 14. After declaring the mistrial, Judge Ellis increased his bail from $10,000 to $50,000, declaring him a flight risk. It is alleged that on March 14 last year Crosbie raped the now 29-year-old woman at the Omni Parker House, a hotel in downtown Boston. Crosbie had flown to Boston from Ireland on the same day of the alleged incident with colleagues and that he was scheduled to leave the following Tuesday, March 18. Mr Crosbie was sharing a hotel room with a fellow firefighter, whom the alleged victim said she had consensual sex with after meeting earlier in the Black Rose pub. They subsequently fell asleep in separate beds. Terence Crosbie. The victim alleged that she woke in the early hours of the following day to another man sexually assaulting her, and identifying him to police as the defendant. The fundraiser, Family, Friends & Colleagues for Terence Crosbie on claimed on Friday that "without immediate support," he may lose the "very legal team that knows his case best and has worked tirelessly to defend him. "That would not only delay his case further, prolonging his unjust confinement, but would risk the fairness of the proceedings altogether." The organisers outlined that: "Since March 2024, Terence (Terry) Crosbie has been incarcerated in Suffolk County Jail, thousands of miles from home and separated from his beloved wife and two young daughters. He is facing serious legal proceedings in the United States, a foreign country where the legal system is unfamiliar and the costs are staggering." They added that from the very beginning, Mr Crosbie has fully cooperated with law enforcement and "steadfastly maintained his innocence." In a statement on the fundraising site, organisers continued: "In order to defend himself and clear his name, he and his family sought out highly respected legal counsel—attorneys who believe in him and have built a strong defence. "Terry's legal team fought hard for him in his first trial. But despite their efforts, the jury could not reach a unanimous verdict. That means a second trial is now required—and the fight continues. "The emotional and financial toll of defending oneself abroad is more than any one family can bear alone. Terry's loved ones have poured everything they have into supporting him, but the continuing legal costs—attorney's fees, expert witnesses, trial preparation—are simply too great." The fundraiser reveals that the firefighter's family "misses him so deeply". "Terry is a devoted husband, a loving father, and a kind and loyal friend. His wife and daughters are counting down the days until they can hold him again. Your generosity, your prayers, and your willingness to share this page with others—they all mean more than words can say." Terence Crosbie, 38 However, the GoFundMe fundraiser is no longer online and no reason has been provided for it being removed either by the campaign organisers or by the company which runs the website. More than €10,000 had been raised by donations prior to the online campaign being removed. In the court hearing defence counsel contended that Mr Crosbie did not rape the woman and that his DNA was not found on her. The Dublin man's defence team repeatedly asked the woman about her account of events focusing on aspects of her story they claim changed at last month's trial. Crosbie has been detained at Nashua Street jail in Boston since his arrest last year. Subscribe to our newsletter for the latest news from the Irish Mirror direct to your inbox: Sign up here.
Otago Daily Times
03-07-2025
- Otago Daily Times
Man who committed double shooting paroled
A Dunedin man who came inches from facing a murder charge following a drug-deal gone wrong has been released from prison. Kaleb Bell, 27, was originally charged with attempted murder following the double shooting in a central Dunedin street, but later pleaded guilty to discharging a firearm with intent to cause grievous bodily harm. He was jailed for two years three months when he appeared before the High Court at Dunedin in February last year, but was recently granted parole with eight months remaining on his sentence. In the coming weeks, Bell will be transported to Auckland to live with supporters, who were described by panel convener Judge Michael Crosbie as "a positive force in his life". The Otago Corrections Facility inmate had previously been on electronically monitored bail at the address without issue. "He complied with the house rules and did what he was told. There were no hiccups," Judge Crosbie said. On March 10, 2023, Bell arranged to buy cannabis from the victim, but the transaction was far from straightforward. When he arrived at the location, people in the victim's car pulled out a sawn-off shotgun. As they drove off, Bell was able to grab the firearm and gave chase in his mother's BMW. He caught up with the group at traffic lights in Thomas Burns St. Less than a metre from the victim, he aimed the shotgun and fired. Most of the pellets penetrated the door frame above the man's head, leaving a hole 7cm in circumference. One pellet hit the victim in the forehead, causing minor damage. "Had the shot been a few inches lower, the victim would have been shot directly in the head," court documents said. Bell travelled drove to the St Andrew St extension and performed a U-turn to face the victim's vehicle again as it negotiated the roundabout. The defendant rested the weapon on the BMW's window frame and fired again, shattering a window of the other vehicle. Bell told Probation the stand-over had cost him $20,000 and he had taken such drastic action to maintain his "street cred". "A theme of the offending appears to be a combination of drug use, addiction and youth," the Parole Board noted. Bell had completed a substance-abuse programme while locked up, as well as group counselling. Judge Crosbie said the restrictive conditions of parole combined with strong family support meant he could be safely released. "Mr Bell is under no illusions that he could be recalled for any breach and that such a recall would be instant," he said. Among his parole conditions were: ■To abide by a 9pm-5am curfew at an Auckland address. ■To submit to electronic monitoring. ■Not to use alcohol or illicit drugs. ■To attend any programmes as directed. ■Not to contact victims. ■To attend a monitoring hearing in November. ■To notify Probation of any changes in employment.
