RBA to Ban Card Surcharges, Banks Fight Back
The Reserve Bank of Australia plans to eliminate debit and credit card surcharges, facing fierce opposition from major banks who warn of unintended consequences for consumers and businesses.
Category : Search result: Australia banking
Sainsbury's Sells Bank to China's Ping An in Strategic Shift
Supermarket giant Sainsbury's is in exclusive negotiations to sell its lucrative banking division to Shenzhen-based Ping An Insurance Group, marking a major strategic shift and a significant Chinese investment into the UK's retail banking sector.
British Men Killed in Kangaroo Island Car Crash
Two British men have tragically lost their lives following a single-vehicle crash on South Australia's Kangaroo Island. The fatal incident occurred on the Playford Highway, casting a shadow over the popular tourist destination.
Bank Scam Warning: Your Savings Could Vanish in Seconds
Exclusive: Brits are being targeted by sophisticated 'safe account' scams that drain life savings instantly. Victims reveal horror stories as banks refuse refunds. Learn how to protect yourself NOW.
Lloyds fined £3.9m over customer treatment failings
The Financial Conduct Authority has slapped Lloyds Banking Group with a hefty £3.9 million penalty for serious failures in its mortgage and loan support for customers in financial difficulty.
Lloyds Bank £175 Free Cash Giveaway
Lloyds Bank is offering a massive £175 cash incentive for new customers who switch their current account. Discover the simple steps to claim your free money and the terms you need to know.
UK Couple's Honest Verdict on Life in Australia
A British couple reveals the incredible highs and surprising lows of swapping their life in the UK for a new start in Australia, sharing their honest journey and the one thing they desperately miss.
ANZ and NAB Slash Hundreds of UK Banking Jobs in Major Restructure
Exclusive: Two of Britain's leading banks, ANZ and National Australia Bank, announce significant job cuts as part of a major operational restructuring, affecting hundreds of UK banking staff.
Barclays charges £100 fee for 67p overdraft
A Barclays customer was left in shock after being charged a staggering £100 fee for a minuscule 67p overdraft. Read the full story of this banking scandal and how to protect yourself from similar charges.
Autumn 2025 Bank Closures: Full List of Shutting Branches
Exclusive: Major UK banks including Barclays, Lloyds, and HSBC announce a fresh wave of branch closures for Autumn 2025, leaving communities without vital local banking services and raising concerns about financial exclusion.
CBA AI Chatbot Launch Coincides with Employee Redundancy
Commonwealth Bank's new AI customer service tool launched on the same day an employee was made redundant, sparking fears of widespread automation-driven job cuts across Australia's banking sector.
ANZ Bank to axe thousands of jobs in major restructuring
ANZ Bank announces a massive restructuring plan, slashing thousands of jobs in Australia to cut costs and boost efficiency. The move signals a major shift in the banking sector's operational strategy.
Barclays & BoS Face Massive Fines Over Unfair Mortgages
The UK's financial watchdog, the FCA, is set to impose significant penalties on Barclays and Bank of Scotland for failing to offer existing customers the same competitive mortgage rates available to new clients, a practice affecting thousands of borrowers
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.
Barclays App Outage: Customers Locked Out of Accounts
Barclays customers were left furious and financially stranded after a major outage in the banking app and online service blocked access to accounts and halted payments for hours.
Wells Fargo shares plunge 9% after regulatory rejection
Exclusive: Wells Fargo faces major setback as US regulators reject its resolution plan, triggering a 9% stock plunge and raising concerns over the bank's crisis management capabilities.
Lloyds warns 3000 staff: Improve performance or face sack
Exclusive: Lloyds Banking Group has issued formal warnings to 3000 employees, stating they face dismissal unless performance improves significantly, in one of the UK's largest workforce restructuring moves.
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.
Indian Minister's 'Buy Australian Homes' Remark Sparks Fury
Indian Commerce Minister Piyush Goyal faces backlash after suggesting wealthy Indians could purchase Australian properties to ease pressure on the local housing market, a comment labelled 'tone-deaf' during a severe affordability crisis.
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.
Nationwide 'March for Australia' Rallies Protest Immigration
Major cities across Australia witness significant demonstrations as the 'March for Australia' draws diverse crowds united in their criticism of current immigration levels and government policy.
Neo-Nazis Infiltrate Australian Anti-Immigration Rallies
Major Australian cities witness disturbing far-right presence at coordinated anti-immigration protests, raising serious security concerns and political backlash.
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.
Major Anti-Immigration Protests Erupt Across Australian Cities
Thousands march in coordinated anti-immigration rallies across Australian cities, sparking counter-protests and raising concerns about social cohesion and border policy.
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.
Australia expels Iranian Ambassador in major diplomatic move
Australia takes a decisive stand, declaring Iran's Ambassador persona non grata. Defence Minister Richard Marles navigates a packed parliamentary agenda in a week defined by high-stakes diplomacy and political scrutiny.
ANZ Bank sacks CEO Nuno Matos in governance scandal
ANZ Bank has abruptly terminated CEO Nuno Matos following an internal investigation into cultural and governance concerns, sending shockwaves through the banking sector.
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.
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