Lloyds Faces Major Fine Over Spanish Property Scandal
Exclusive: Lloyds Banking Group could face substantial penalties after UK regulators uncovered serious misconduct in its Spanish property investment scheme affecting thousands of customers.
Category : Search result: retail banking
HSBC sued over Bernie Madoff profits in major lawsuit
HSBC confronts explosive legal action alleging the banking giant knowingly profited from Bernie Madoff's notorious Ponzi scheme while ignoring clear warning signs in the largest fraud in Wall Street history.
Carter's announces UK store closures and layoffs
Popular homeware retailer Carter's confirms sweeping store closures and layoffs across Britain, citing inflation, supply chain issues, and changing consumer habits as key factors.
Nationwide announces major branch network changes
Nationwide Building Society announces significant restructuring across its UK branch network, affecting opening hours and services at multiple locations.
Seasalt to open 30 new UK stores in major expansion
Popular Cornish fashion brand Seasalt is embarking on its biggest retail expansion yet, planning to open 30 new stores across the UK and create 350 jobs as demand for their colourful designs continues to grow.
Lloyds Bank explains customer access problems
Lloyds Banking Group explains ongoing technical issues affecting mobile and online services, with customers reporting login problems and payment failures.
NatWest Announces Major Banking Overhaul
NatWest Group reveals strategic transformation plan affecting Ulster Bank operations, customer services, and regional banking infrastructure across the UK and Ireland.
Target CEO warns of organised retail crime surge
Target's chief executive Brian Cornell reveals escalating organised retail crime is putting staff safety at risk and costing retailers billions annually.
Target Plans Thousands of Job Cuts Amid Stagnant Sales
American retail colossus Target reveals plans to cut thousands of corporate positions in strategic cost-cutting move following disappointing sales performance and changing consumer habits.
Major retailer announces 83 store closures across UK
Another beloved high street name faces significant restructuring as economic pressures force the closure of 83 stores nationwide, putting hundreds of jobs at risk.
Lloyds and Schroders forge wealth management alliance
Lloyds Banking Group announces strategic partnership with Schroders plc to create a new wealth management venture, combining Lloyds' extensive customer base with Schroders' investment expertise.
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.
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.
Tesco Extends Dominance as Britain's Retail Giant
Tesco extends its dominance as Britain's largest retailer with strategic price cuts and digital innovation, leaving competitors struggling to keep pace in the fiercely competitive grocery sector.
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.
Armed Raid on Woolworths Sparks UK Retail Crime Alert
Shocking armed robbery at Woolworths store highlights escalating retail crime wave sweeping Britain, with police hunting multiple suspects after dramatic staff confrontation.
Walmart expands in New York as Macy's closes stores
Retail giant Walmart announces ambitious expansion into New York City, opening new stores and creating hundreds of jobs while challenging established competitors.
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.
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.
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.
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.
Petco announces US store closures in major retail shakeup
Pet retail giant Petco announces significant store closures across the United States, joining growing list of retailers facing challenging market conditions and shifting consumer habits.
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.
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.
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.
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