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.
Category : Search result: investment banking
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.
Queenstown forces Bendigo Bank cash policy reversal
The remote community of Queenstown, Tasmania, has emerged victorious in a landmark battle against banking giant Bendigo Bank, successfully reversing a controversial cashless policy that threatened to leave elderly and vulnerable residents stranded.
UK Government Reveals Major Banking Compensation Shake-Up
The Treasury has announced sweeping reforms to the Financial Services Compensation Scheme that could safeguard millions of British savers and transform banking security.
Lloyds Bank makes £450m profit from Ferrari stake sale
Exclusive analysis reveals how Lloyds Banking Group's patient investment strategy paid off spectacularly with their Ferrari stake, while Citigroup faces Hong Kong regulatory scrutiny in separate banking sector developments.
Major UK banks hit by payment system outage
Millions of UK banking customers faced payment chaos as major high street banks including Lloyds, Barclays and Santander experienced significant technical failures, leaving many unable to send or receive money.
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.
HSBC restructures as Hong Kong boss departs, London HQ strengthened
Exclusive: Hang Seng Bank CEO Diana Cesar exits amid HSBC's strategic pivot to London headquarters, signalling major Asian restructuring for the banking giant.
Lloyds Bank Under FCA Investigation: Shares Drop
Lloyds Banking Group faces formal FCA investigation over potential regulatory breaches, sending shares plummeting as market confidence wavers.
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.
Gold Investment Surge on London's AIM Market Amid Uncertainty
London's AIM market sees unprecedented gold investment surge as pandemic fears and economic instability drive investors toward traditional safe-haven assets. Expert analysis reveals shifting market trends.
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.
Metro Bank IT glitch shows false negative balances
Thousands of Metro Bank customers face financial chaos after major system failure incorrectly shows negative balances and blocks access to funds in widespread banking glitch.
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.
Metro Bank glitch leaves customers with missing money
Thousands of Metro Bank customers faced payment chaos and missing money as a major technical glitch crippled online and mobile banking services across the UK.
Metro Bank App Crash: Customers Locked Out of Accounts
Metro Bank customers left stranded as mobile app and online services crash for hours, with frustrated users unable to access their money or make payments during widespread outage.
Commonwealth Bank withdraws invasive customer questions
Australia's largest bank retreats from intrusive financial health check survey asking about relationships, health and finances following widespread backlash and privacy concerns.
Virgin Media customers face sudden account closures
Thousands of Virgin Money customers report being locked out of accounts without warning, sparking financial chaos and urgent calls for regulatory action.
Three major banks shutting dozens of branches across UK
Lloyds, Halifax and Barclays announce sweeping branch closures across England and Wales, leaving customers facing longer journeys to access in-person banking services.
Lloyds Bank cuts overdraft fees from £150 to £15
Lloyds Banking Group announces significant reduction in overdraft fees, cutting charges from £150 to just £15 in major customer-friendly overhaul.
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.
Badenoch criticised over Farage banking row intervention
Business Secretary Kemi Badenoch faces criticism after intervening in Nigel Farage's Coutts banking controversy, raising questions about political influence in financial services.
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.
London's AIM Market Outperforms Dow Jones
The UK's Alternative Investment Market (AIM) has delivered staggering returns that left the Dow Jones in the dust, with investment expert Russ Mould revealing which sectors drove this extraordinary performance.
Banking Climate Alliance Collapses Amid US Pressure
The UN-backed Net-Zero Banking Alliance has been abruptly dissolved following US political pressure and legal threats, dealing a significant blow to global climate finance efforts.
Sabadell rejects BBVA's £1.7bn takeover bid
Banco Sabadell's board unanimously rejects BBVA's acquisition offer, declaring it undervalues the bank amid Spanish banking consolidation talks.
UK Investor Warns of AI Stock Bubble Danger
Prominent British tech investor Eileen Burbidge warns that artificial intelligence stocks are showing worrying signs of a market bubble, drawing parallels to the dot-com era as valuations become dangerously detached from reality.
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.
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