Category : Banking


Fourth US Bank Collapses as First Republic Fails

First Republic Bank becomes latest casualty in American banking turmoil, with JPMorgan acquiring assets in dramatic federal intervention following SVB, Signature and Silvergate failures.

Premier Nationwide Building Society Shuts Down

Exclusive: Premier Nationwide Building Society ceases operations, leaving customers seeking alternative banking solutions. Full details on the closure and consumer guidance.

JPMorgan pays $365M in Epstein scandal settlement

Wall Street giant JPMorgan Chase agrees to pay $75 million to US Virgin Islands and $290 million to victims in Jeffrey Epstein scandal, raising serious questions about banking compliance and oversight.

Record bank switching sees Nationwide beat rivals

Exclusive analysis reveals Nationwide Building Society has become Britain's favourite bank for switchers, while Monzo leads digital challengers in the biggest account migration surge since 2022.

UK Banking Crisis: Customers Report Empty Accounts

Thousands of British banking customers face financial chaos as Santander, Barclays and Halifax experience severe technical failures causing accounts to show zero balances and disappearing transactions.

Bank of England gold at risk in security strike

Exclusive: The Bank of England faces an unprecedented security crisis as guards protecting Britain's £200 billion gold reserves prepare to walk out over pay disputes, raising alarm about the safety of the nation's wealth.

Lloyds & Santander Face Treasury Car Finance Probe

Exclusive: The Treasury Committee intensifies its investigation into discretionary commission arrangements, now targeting major banks including Lloyds and Santander over car finance practices.

JPMorgan's dystopian NYC headquarters sparks backlash

JPMorgan Chase's new $3 billion Manhattan headquarters is being ridiculed as a 'dystopian fortress' with critics slamming its imposing design and controversial features. Discover why this architectural giant is dividing opinion.

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.

DWP Expands Bank Account Surveillance Powers

The DWP is dramatically expanding its powers to monitor benefit claimants' bank accounts in a major crackdown on fraud. Here's how the new rules could affect you.

US Banks Face Renewed Epstein Legal Battle

Major US banks JPMorgan and Deutsche Bank confront renewed lawsuits alleging they enabled Jeffrey Epstein's sex trafficking network through continued financial services despite red flags.

HSBC sued for £1bn over Madoff fund collapse

Global banking giant HSBC confronts massive legal action from investors who lost millions in Luxembourg-based fund Herald Luxembourgh, connected to Bernie Madoff's Ponzi scheme.

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