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.
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 Banking Group faces formal FCA investigation over potential regulatory breaches, sending shares plummeting as market confidence wavers.
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.
Nik Storonsky, billionaire founder of British fintech giant Revolut, becomes latest wealthy entrepreneur to leave UK for Dubai, raising concerns about Britain's competitiveness.
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RecommendedThe Financial Conduct Authority launches investigation into suspected insider dealing surrounding major banking stocks including Lloyds and Barclays, causing significant market turbulence.
JPMorgan Chase faces astronomical legal costs exceeding £35 million in its lawsuit against Charlie Javice, the former fintech entrepreneur accused of fabricating millions of fake customers during the Frank student aid platform acquisition.
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 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.
Barclays is offering a generous £175 cash incentive for customers who switch to their current accounts using the Current Account Switch Service. Learn the eligibility requirements and how to claim your bonus.
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RecommendedThousands 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 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.
A high-flying investment banker has been dismissed after an employment tribunal ruled he fabricated sexual harassment allegations against a female colleague in what's being described as a 'calculated campaign of deception'.
The Department for Work and Pensions now has unprecedented authority to monitor state pension recipients' bank accounts for fraud. Discover how these new surveillance powers could affect millions of pensioners across the UK.
Australia's largest bank retreats from intrusive financial health check survey asking about relationships, health and finances following widespread backlash and privacy concerns.
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RecommendedSir Douglas Alexander returns to economic leadership role, appointed to chair Scotland's new Council of Economic Advisors in strategic move to bolster nation's financial future.
Thousands of Virgin Money customers report being locked out of accounts without warning, sparking financial chaos and urgent calls for regulatory action.
Lloyds, Halifax and Barclays announce sweeping branch closures across England and Wales, leaving customers facing longer journeys to access in-person banking services.
Lloyds Banking Group announces significant reduction in overdraft fees, cutting charges from £150 to just £15 in major customer-friendly overhaul.
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.
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RecommendedA former banking executive shares her shocking journey from wine tasting courses to full-blown alcoholism, revealing how 'sophisticated' drinking culture masked a devastating addiction that nearly cost her everything.
Nationwide Building Society defies banking norms with explosive TikTok and YouTube growth, capturing millennial and Gen Z attention through authentic social media content.
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.
Exclusive: Tensions rise as Bank Governor warns Chancellor against political interference in interest rate decisions, highlighting ongoing economic policy clashes.
Exclusive: Santander UK's CEO Mike Regnier works remotely for two weeks while thousands of employees are ordered back to the office, creating a major 'double standards' controversy in the banking sector.
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RecommendedThe 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.
Major UK banking giants HSBC and Barclays confront significant investor backlash as climate-focused shareholders demand stricter fossil fuel divestment timelines and clearer climate commitments.
Banco Sabadell's board unanimously rejects BBVA's acquisition offer, declaring it undervalues the bank amid Spanish banking consolidation talks.
Nationwide Building Society announces a massive £175 million payout to eligible members this June. Discover if you're among the 2.9 million Brits set to receive this financial boost.
Exclusive investigation reveals how Australia's largest bank quietly routes sensitive customer information to Indian processing centres, raising serious privacy and security concerns.