Category : Search result: banking merger


Lloyds Bank to Close 45 Branches in 2025

Lloyds Banking Group announces the closure of 45 Lloyds and Halifax branches across England and Wales in 2025, citing a dramatic shift to digital banking. Discover if your local branch is affected.

Osborne's Robey Warshaw in shock Evercore takeover bid

Former Chancellor George Osborne's boutique investment bank, Robey Warshaw, is in advanced talks to acquire Wall Street giant Evercore in a monumental deal that would reshape the global financial advisory landscape and create a transatlantic powerhouse.

Kraft Heinz Merger Faces Potential Split by Investors

Exclusive: The multi-billion pound Kraft Heinz merger is under intense scrutiny as major investors push for a potential breakup of the food and condiment titan. Analysts suggest a split could unlock significant value.

Kraft Heinz Announces Shock Company Split

In a dramatic reversal of its famed merger, Kraft Heinz confirms it will split into two separate US-listed companies. We analyse the strategy behind the breakup and what it means for the future of the iconic food brands.

NatWest to close 26 bank branches in 2024

High street giant NatWest Group announces another wave of closures, shutting 26 branches across England, Scotland, and Wales in 2024, citing a dramatic shift to online banking.

TSB Banking App Crashes in Major Nationwide Outage

TSB's mobile banking app and online services have been hit by a major outage, leaving frustrated customers unable to access their money. The high street bank is investigating the technical meltdown.

HSBC ordered to repay £50k after pensioner scam failure

A retired NHS nurse from London lost her entire life savings in an authorised push payment scam. The Financial Ombudsman Service has now ruled HSBC must refund Katrina Harrison £50,000 after the bank's security systems failed to prevent the fraud.

Spirit Airlines Warns of Potential Bankruptcy

US low-cost airline Spirit Airlines warns of potential bankruptcy, citing financial strain from grounded aircraft and fierce competition, just months after a blocked merger with JetBlue.

Reeves Forges New Pact with UK Banks to Boost Economy

Chancellor Rachel Reeves hosts landmark meeting with UK banking chiefs, unveiling a new 'shared commitment' to boost competitiveness and economic growth. Exclusive details on the new Mansion House reforms.

HSBC and First Direct Hit Major Online Banking Outage

Thousands of HSBC and First Direct customers across the UK were unable to access their online and mobile banking services due to a significant technical outage, with the bank issuing an apology and working to resolve the 'ERR03' error.

HSBC Banking App Crashes, Locking Out Thousands of UK Users

Thousands of HSBC UK customers were left unable to access their money as the banking giant's app and online services suffered a major crash. Frustrated users took to social media to report issues with logins, transactions, and balance checks.

Selfie Scam: Fraudsters Exploit NAB's Facial Recognition

Exclusive: A sophisticated criminal syndicate exploited a major flaw in National Australia Bank's 'selfie' identity verification, stealing over $1.5 million in a high-tech fraud that raises serious questions about biometric security.

NatWest & Halifax Shut 39 Bank Branches

Major banking giants NatWest and Halifax announce the closure of 39 UK branches in 2025, citing a dramatic shift to online banking. Full list of affected locations and what it means for customers.

Trump Accused of $1B "Quid Pro Quo" with Oil Executives

A bombshell report alleges Donald Trump offered a covert deal to top US oil executives: $1 billion for his campaign in exchange for rolling back key environmental regulations, sparking outrage from Democrats.

Bradford & Bingley Merges with Cheshire Building Society

Exclusive: The historic merger between Bradford & Bingley and Cheshire Building Society is complete, creating a financial powerhouse. We analyse the deal's impact on members, the property market, and the future of UK mutuals.

Nexstar's $7.6bn Tegna Takeover Collapses

The blockbuster $7.6 billion acquisition of Tegna by Nexstar Media Group has been abruptly terminated following intense scrutiny from US regulators and political figures, marking a major setback for media consolidation.

Best UK Banks 2024 Rankings Revealed

Discover the official rankings of the best UK banks in 2024. Find out which banks lead in customer service, digital banking, and overall satisfaction.

CBA posts record $10.2bn cash profit

Australia's largest lender, Commonwealth Bank, posts a historic $10.2bn cash profit amid rising interest rates, sparking debate over banking sector accountability.

Lloyds to close 45 UK bank branches

Lloyds Banking Group announces the closure of 45 branches across the UK, impacting Halifax and Bank of Scotland customers. Find out the locations and what alternatives are available.

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