Category : Search result: banking collapse


Lloyds faces FCA probe over motor finance practices

The Financial Conduct Authority has launched a formal investigation into Lloyds Banking Group's motor finance lending practices, raising concerns about potential customer harm in the lucrative car finance market.

Revolut Founder Becomes UK Tax Resident

The billionaire CEO of British fintech giant Revolut has officially established UK tax residency, cementing London's status as Europe's premier financial technology hub.

FCA probes insider trading in banking shares

The Financial Conduct Authority launches investigation into suspected insider dealing surrounding major banking stocks including Lloyds and Barclays, causing significant market turbulence.

Barclays £900 Switch Bonus: How to Claim

Barclays is offering one of the most generous bank switching bonuses of 2024. Discover how eligible customers can claim £175 upfront plus £725 in regular cashback through their Blue Rewards scheme.

HSBC freezes Melbourne woman's account without explanation

A Melbourne mother's life turned upside down when HSBC suddenly froze her account without explanation, leaving her unable to access her own money for essential expenses in a shocking case of banking bureaucracy gone wrong.

Indonesia School Collapse: Rescue Efforts Continue

Emergency crews work through the night searching for survivors after a devastating school collapse in Indonesia's West Java province leaves multiple children dead and many more trapped beneath rubble.

Lloyds Group Shutters 53 More Bank Branches

Major banking group announces fresh wave of branch closures across England, Scotland and Wales as customers shift to digital banking, leaving communities concerned about access to cash.

Bronx Building Collapse: Rescue Operation Underway

A partial building collapse in New York's Bronx district has triggered a massive emergency response as rescue teams search for survivors amidst the rubble. Multiple injuries reported as residents describe chaos and devastation.

Nationwide's £56 scam alert for customers

Nationwide Building Society warns customers about sophisticated text scams targeting bank accounts. Learn how to spot fake messages and protect your money from fraudsters.

Australia Post cash ban sparks national outrage

Australia Post faces furious backlash after quietly implementing cashless policies across branches, leaving vulnerable customers stranded and prompting government intervention.

California mansions collapse as ocean cliffs crumble

Exclusive footage reveals the dramatic collapse of luxury properties in Dana Point as erosion threatens California's most exclusive coastal communities. Emergency measures underway as homeowners face devastating losses.

Toby Carvery ceiling collapses during busy service

Shocking moment ceiling collapses at popular Toby Carvery restaurant in Sheffield, sending debris flying as diners scramble for safety. No serious injuries reported but dramatic footage captures the chaos.

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