All posts in Banking And Finance

Banks not helping small businesses

Barclays divests non-core businesses

International financial services provider Barclays Bank PLC revealed on Monday that it is continuing to dispose its non-core businesses, having agreed the sale of its Retail Banking, Wealth and Investment Management and Corporate Banking businesses in Spain to Spanish financial […]

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Bank of England

Participants in Lending Scheme Extension make draw downs of £3.2bn in Q2

Draw downs of GBP3.2bn were made by nine of the 36 groups participating in the Bank of England and HM Treasury Funding for Lending Scheme (FLS) Extension during

Social Media

FCA to clarify rules on use of social media to promote financial products

An increase in the use of digital media for financial promotions has prompted the Financial Conduct Authority (FCA) to publish a consultation paper that sets out a new

euro

ECB implements Single Euro Payments Area for credit transfers and direct debits

Retail payments in Europe have been successfully integrated into one Single Euro Payments Area (SEPA), the European Central Bank (ECB) reported on Friday. SEPA has been implemented for credit

HSBC Canary Wharf

FCA and PRA propose stricter banking sector regulations

Proposals to improve individual responsibility and accountability in the banking sector were announced on Wednesday by the Financial Conduct Authority (FCA), the UK's financial regulatory body. According to the

Britain - Credit Stock

Why your credit report is so important

When applying for a mortgage, loan or any other lending facility, a credit score is obtained by the lender for all of the named individuals on the application

Banks not helping small businesses

Barclays introduces new Community Banker role

British multinational banking and financial services company Barclays announced on Friday that it has launched a new customer service role at its branches, which will see

Motor Insurance

ABI calls on FCA to adopt new minimum standard of information for insurance customers

The Association of British Insurers (ABI), a trade association for the UK's insurance industry, announced on Thursday that it has written to financial industry watchdog the

Canary Wharf, in London's Docklands

British banks pay lower interest rates to loyal customers

British financial service industry regulator the Financial Conduct Authority (FCA) announced on Tuesday that its interim report into the effectiveness of competition in the cash savings

Bank of England

New entry requirements for UK financial institutions increase competition and benefit customers

The Bank of England, which stands at the centre of the UK's financial system, revealed on Monday that financial service industry regulators the Prudential Regulation Authority (PRA) and

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