Category : Search result: banking compensation


Lloyds Bank cuts 1,600 jobs in restructuring

Lloyds Banking Group reveals plans to slash 1,600 jobs while creating 830 new roles in strategic restructuring. The changes affect multiple locations including Bristol and Edinburgh as the bank accelerates its digital transformation.

Lloyds warns of bigger car finance scandal hit

Lloyds Banking Group reveals mounting financial pressure from the car finance mis-selling scandal, with provisions now expected to significantly exceed initial estimates as regulatory scrutiny intensifies.

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.

NZ compensates Samoa for 2012 ferry disaster

In a landmark move, New Zealand offers a formal apology and NZ$12.7 million compensation to Samoa for the 2012 ferry sinking that claimed five lives, marking a significant moment in Pacific diplomacy.

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.

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.

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.

Shocking New Bank Scam Drains Accounts Without Detection

UK banking customers are being targeted by sophisticated 'withdrawal' scam that bypasses security. Victims report losing thousands as fraudsters exploit system loopholes. Essential reading to protect your savings.

Bank of America UK: Pay Rises Amid Branch Closures

Exclusive: Bank of America announces a major pay increase for its UK staff while quietly accelerating a programme of local branch closures, raising questions about the future of high street banking.

Ombudsman Slams Home Office Over Windrush Claimant Neglect

The Parliamentary and Health Service Ombudsman has issued a damning report condemning Home Office officials for their 'unacceptable' handling of a Windrush claimant's case while she was terminally ill, demanding urgent improvements to prevent further inju

Major UK Bank: AI Could Replace Thousands of Jobs

Exclusive: A leading British bank has warned that artificial intelligence could replace thousands of jobs, signalling a major shift in the UK's financial employment landscape. Discover which roles are most vulnerable.

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