FCA Sues Neil Woodford for Unauthorised Advice
The UK financial regulator is suing former investment star Neil Woodford for allegedly offering unauthorised investment advice online, months after announcing plans to ban him from the City.
Category : Banking
Nationwide CEO Pay Hits £4.7m After Bonus Doubles
Nationwide building society nearly doubled CEO Debbie Crosbie's pay to £4.7m, including £3.2m in bonuses, despite a row over the bonus scheme. Staff get 3.8% average pay rise.
US Adds BYD, Alibaba, Baidu to China Military List
The Pentagon updated its list of Chinese companies aiding Beijing's military, adding BYD, Alibaba, Baidu, and other tech firms, potentially escalating US-China tensions.
UBS Executive Loses Race Case as Lawyer Admits 'Angry Black Man' Not Literal
A British-Indian banking executive at UBS lost his race discrimination case after his lawyer clarified he was
TSB Bank's 2026 Switch Bonus: Earn Up to £230 by Changing Accounts
TSB Bank is incentivising customers to switch to its Spend and Save account with a cash bonus of up to £230, including monthly rewards and an April 2026 top-up, but eligibility excludes recent switchers.
Santander to Shutter 40 UK Branches in April and May 2026
Santander will close 40 branches across the UK in April and May 2026, affecting 291 jobs, as digital banking usage rises to 96% of transactions.
RBA Poised for Rate Hike, Homeowners Face $1300 Annual Repayment Surge
The Reserve Bank of Australia is likely to raise interest rates today, potentially costing homeowners around $1300 more in repayments over the next year, as experts warn of inflationary pressures.
CBA Holds Firm on February Rate Hike Prediction Despite Wage Slowdown
Commonwealth Bank insists a February interest rate rise is likely despite softer wage growth. Find out how your mortgage repayments could be affected and what you can do to prepare.
HSBC Names Brendan Nelson as New Group Chairman After Tucker's Departure
HSBC appoints Brendan Nelson as its new group chairman, succeeding Sir Mark Tucker. Nelson, a board member since 2023, steps up from interim role. Discover the leadership shift and its context.
Top Savings Accounts & Cash ISAs for January 2026: Beat Inflation
Discover the best savings rates for January 2026. Despite rate cuts, you can still earn over 4% and outpace inflation with our expert guide to top cash ISAs and easy access accounts.
Barclays Confirms European HQ Relocation from Dublin to Paris by 2027
Barclays announces strategic relocation of its European headquarters from Dublin to Paris, aiming to complete the move by 2027 pending regulatory approval.
Australian Banks Criticised for Failing to Pass Rate Hikes to Savers
Australian banks have passed interest rate hikes to mortgage holders but not to savings accounts, sparking criticism from MPs and consumer groups over unfair practices.
Ubank CIO Sacked After 'Mock Terror' Photo at Sydney Christmas Party
A senior Ubank executive has been dismissed after an alleged
PepsiCo Slashes Snack Prices After $7 Doritos Backlash and Sales Slump
PepsiCo has implemented price cuts of up to 15% on snacks like Doritos and Cheetos after bags hit $7, causing sales declines and retailer pushback from Walmart.
Nationwide £100 Fairer Share Payment 2026 Update: Key Details
Nationwide leads current account switching surge as customers ditch big banks. Get the latest on the £100 Fairer Share payment 2026 update and switching trends.
Metro Bank Returns to Profitability Following Major Cost-Cutting Initiative
Metro Bank has announced a significant return to profit for 2025, reporting £87.2 million in pre-tax earnings following extensive cost reductions and a strategic shift toward corporate lending.
Martin Lewis Confirms £700 Car Finance Compensation Details Coming This Month
Martin Lewis reveals millions will learn their compensation amounts for mis-sold car finance deals, with average payments of £700 expected. The FCA will announce final scheme rules in late March.
Gatorade Rebrands to Target Non-Athletes After 60 Years as Sports Drink Pioneer
Gatorade is shifting focus from athletes to everyday consumers seeking hydration, with new packaging and products highlighting scientific benefits amid booming wellness beverage demand.
Co-op Bank Offers £175 Switching Bonus with Refuge Charity Partnership
The Co-operative Bank is offering customers up to £175 for switching current accounts, plus a 7% Regular Saver. The bank will donate to Refuge for each switch, funding safe nights for domestic abuse survivors.
Capital One's $425 Million Settlement Approved for Deceptive Savings Account Practices
A federal judge has granted final approval to a $425 million settlement against Capital One, resolving claims the bank misled customers during a savings account transition. Eligible account holders will receive automatic payments.
Bank of England Must Plan for Alien Disclosure Financial Crisis, Expert Warns
A former Bank of England analyst urges contingency plans for market collapse if the US confirms alien life. Could disclosure trigger a rush to gold or a loss of faith in traditional assets? Read the full analysis.
Amazon Implements Temporary 3.5% Surcharge on US and Canadian Sellers
Amazon introduces a temporary 3.5% fuel and logistics surcharge for FBA sellers in the US and Canada, citing rising costs from geopolitical tensions. The fee takes effect April 17.
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