Category : Banking


Bank closes Palestine activists' account

A couple campaigning for Palestinian rights have had their joint account abruptly closed by Yorkshire Building Society, raising concerns about financial discrimination against activists.

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.

Lloyds Bank Faces FCA Motor Finance Probe

The Financial Conduct Authority launches investigation into Lloyds Banking Group's motor finance practices, potentially impacting millions of customers and leading to significant compensation claims.

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.

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.

Lloyds Bank Urgent Scam Alert for Millions

Lloyds Banking Group warns millions of UK customers about sophisticated new scams targeting online banking users. Learn how to protect your savings from these convincing fraud attempts.

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.

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.

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