Bank of England warns of banking sector instability
Andrew Bailey raises serious concerns about financial stability as Barclays, Tesco Bank and Lloyds face significant challenges in the current economic climate.
Category : Search result: banking rules
Barclays, Tesco Bank and Lloyds Cut Hundreds of Jobs
Major UK banks including Barclays, Tesco Bank and Lloyds Banking Group announce significant job cuts and branch closures as digital transformation accelerates across the banking sector.
Stuart Gulliver: HSBC Banking Titan Dies
Explore the remarkable life and career of Stuart Gulliver, the former HSBC CEO who navigated the banking giant through global crises and regulatory challenges, leaving an indelible mark on international finance.
NatWest Chairman Sir Howard Davies steps down early
Sir Howard Davies announces departure as NatWest chairman months ahead of schedule, with Rick Haythornthwaite appointed as successor in major banking leadership change.
ANZ Banking App Crashes in Nationwide Outage
Thousands of ANZ customers across Australia were left stranded as both the mobile app and internet banking services crashed simultaneously, sparking fury and financial anxiety.
Australia's New Cash Payment Rules Explained
Australia is implementing sweeping changes to cash payment rules that could affect millions of transactions. Discover what the new limits mean for your wallet and why critics are calling it a war on cash.
ANZ bosses got £26m bonuses as customers struggled
Exclusive investigation reveals ANZ Australia paid executives millions in bonuses while systematically ignoring customer hardship notices and selling unsuitable insurance products.
Lloyds Banking Group Hit by Major Service Outage
Thousands of UK banking customers were left stranded as Lloyds Banking Group services crashed, leaving accounts inaccessible and payments failing across multiple major banks.
Private Credit: The Shadow Lenders Reshaping UK Business
As traditional banks retreat, private credit is stepping in to fund British businesses. Discover how this $2.1tn shadow banking sector is transforming corporate lending while raising regulatory concerns.
UK Banks Face Investor Backlash Over SVB Exposure
Standard Chartered and Barclays under pressure as shareholders demand transparency about potential contagion risks from US banking crisis
Romance Scam Epidemic: Banks Repay Victims
Exclusive investigation reveals UK financial institutions are being compelled to reimburse customers duped by sophisticated romance scams, with new FCA data showing alarming fraud patterns.
Elite Credit Card Service Meltdown: Customers Abandoned
Exclusive investigation reveals alarming customer service failures at premium credit card providers Citi and Chase, leaving elite cardholders stranded without promised benefits and support.
US Regional Bank Stocks Crash Amid Renewed Crisis Fears
American regional banks face renewed turmoil as NYCB's financial warning triggers sector-wide selloff, raising fears of another banking crisis and Federal Reserve intervention.
NatWest student account chaos leaves thousands stranded
Exclusive investigation reveals how NatWest's system failures have trapped students in banking chaos, with frozen accounts and mounting financial stress across UK campuses.
Westpac tightens savings rules for younger customers
Major Australian bank Westpac introduces stricter conditions for younger customers seeking competitive savings rates, requiring regular deposits and balance growth to qualify.
Martin Lewis: Ditch This Banking 'Demon' Now
Money saving expert Martin Lewis reveals why you should immediately switch from this common banking practice that's draining Brits' wallets.
CBA Boss Confronted Over AI Sacking Scandal
A former Commonwealth Bank worker dramatically confronted CEO Matt Comyn after being terminated by artificial intelligence, exposing growing concerns about algorithmic accountability in Australia's banking sector.
TSB closes 36 branches, cuts 250 jobs across Britain
High street bank TSB reveals plans to shut 36 branches and cut 250 jobs in restructuring move affecting communities across England, Scotland, and Wales.
Santander closing 76 UK bank branches in digital shift
High street banking giant Santander announces closure of 76 branches across the UK, affecting hundreds of jobs as customers move online. Find out if your local branch is affected.
Nationwide alert: Check accounts for duplicate payments
Nationwide Building Society warns customers about duplicate payments issue affecting thousands - here's what you need to know and how to check if you're affected.
Lloyds sets aside £450m for car finance claims probe
Exclusive: Lloyds Banking Group sets aside £450 million as FCA investigates discretionary commission arrangements in car finance market, potentially triggering compensation claims for millions of British motorists.
Lloyds adds £800m to car finance compensation pot
Lloyds Banking Group faces mounting costs as it allocates another £800 million to cover compensation for historical motor finance commission claims, bringing total provisions to a staggering £2 billion.
Lloyds sets aside £450m for car finance probe
Exclusive: Lloyds sets aside massive sum as FCA investigates discretionary commission arrangements in car finance market. Potential compensation claims could affect millions.
Lloyds Faces FCA Probe Over Car Finance Commissions
Exclusive: The Financial Conduct Authority launches investigation into Lloyds Banking Group's motor finance commission arrangements, potentially affecting millions of customers.
Lloyds faces FCA car finance commission investigation
Lloyds Banking Group is under investigation by the Financial Conduct Authority regarding historical motor finance commission arrangements, potentially impacting millions of customers.
Ben Smith appointed Newcastle Building Society CEO
Newcastle Building Society announces Ben Smith as incoming Chief Executive, bringing extensive financial services experience to lead the mutual's next chapter of growth and member-focused strategy.
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.
Bank error leaves man £2.6 million richer
A British man's ordinary day turned extraordinary when he discovered his bank account had been credited with an unexpected £2.6 million payment, sparking a whirlwind of excitement and ethical dilemmas.
Halifax, Lloyds & Santander cut 1,100+ banking jobs
Major UK banks Halifax, Lloyds and Santander announce significant job cuts affecting more than 1,100 positions while creating nearly 500 new roles in evolving banking sectors.
JP Morgan mandates biometric data for UK staff access
Banking giant JP Morgan requires all UK headquarters staff to share fingerprint and facial recognition data for building access, sparking privacy debates and union concerns.
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