Category : Banking


CBA deals crushing blow to mortgage holders

Australia's largest lender Commonwealth Bank warns of significant mortgage pain ahead as interest rates are predicted to climb, leaving homeowners facing financial strain.

NatWest to Shut 20 Bank Branches in 2025

NatWest Group announces the closure of 20 bank branches across England and Wales in 2025, citing a dramatic shift to online banking. Discover if your local branch is affected.

Urgent Bank Warning Over 'Hi Mum' Text Scam

NatWest issues an urgent alert as a new wave of sophisticated 'Hi Mum' and 'Hi Dad' scams targets British families, with fraudsters stealing thousands by impersonating relatives in distress.

Westpac Axes 132 Jobs in Operational Overhaul

Australia's Westpac bank is cutting 132 roles in a significant operational overhaul, primarily affecting back-office and support staff, as part of a broader cost-cutting strategy.

JP Morgan banker dies at cocktail tycoon's mansion

A 37-year-old JP Morgan executive was found dead at a Surrey mansion owned by millionaire cocktail entrepreneur Wayne Deakin. Police are investigating the unexplained circumstances surrounding his death.

Queenstown's Last Bank Closes, Isolating Tasmanian Town

The historic mining town of Queenstown on Tasmania's remote west coast is set to lose its last bank, as Bendigo Bank confirms the permanent closure of its local branch, leaving residents and businesses facing a 180km round trip for essential financial ser

Man's shock as ATM receipt reveals £1.5 million balance

A stunned shopper got the surprise of his life when a cash machine receipt showed an anonymous user had over one and a half million pounds in their account. The bizarre find in Westminster has sparked a major security debate.

Lloyds slashes free overdraft from £250 to £50

Lloyds Banking Group shocks customers by reducing its interest-free overdraft buffer from £250 to a mere £50 from November, impacting millions across Lloyds, Halifax, and Bank of Scotland accounts.

Japan's Ishiba Eyes Leadership Bid, Threatening BOJ Policy

Exclusive: In a potential shake-up for Japan's political and economic landscape, former Defence Minister Shigeru Ishiba is reportedly considering a leadership challenge. His candidacy could directly threaten the Bank of Japan's longstanding ultra-loose mo

Bank of England holds rates, complicating Reeves' budget

The Bank of England's Monetary Policy Committee votes 6-3 to maintain interest rates at 5.25%, while scaling back its bond-selling programme. This decision offers little respite for Chancellor Rachel Reeves ahead of her crucial autumn budget.

Bank of America UK: Pay Rises Amid Branch Closures

Exclusive: Bank of America announces a major pay increase for its UK staff while quietly accelerating a programme of local branch closures, raising questions about the future of high street banking.

NatWest and RBS Slash Fixed Mortgage Rates

In a significant move, NatWest and Royal Bank of Scotland have announced sweeping cuts to their fixed-rate mortgage deals, offering hope to borrowers amidst the cost-of-living crisis.

Met Police Analyse 10,000 Docs in Banker Murder Probe

EXCLUSIVE: Scotland Yard detectives are scouring over 10,000 documents and financial records in a massive investigation into the brutal murder of City banker Anthony Sootheran. New details emerge in the complex case.

Major UK Bank: AI Could Replace Thousands of Jobs

Exclusive: A leading British bank has warned that artificial intelligence could replace thousands of jobs, signalling a major shift in the UK's financial employment landscape. Discover which roles are most vulnerable.

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