All posts in Banking And Finance

David Cameron

UK shares and Sterling leap following surprise election victory by the Conservatives

UK investors were buoyed up on Friday, following the unexpected news that the Conservative political party has won a clear parliamentary majority in the general election, putting an end to uncertainty in the financial sector, the BBC reported on the […]

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RBS3

Legal and restructuring costs plunge RBS into loss of £446m for Q1 2015

Retail banking company Royal Bank of Scotland (RBS) has reported a loss of GBP446m for the three months to 31 March 2015, following legal and restructuring costs, it

RBS

RBS to sell internationally managed Private Banking unit business to Swiss UPB

Retail banking company the Royal Bank of Scotland Group plc (RBS) has entered into an agreement to sell its internationally managed Private Banking and Wealth Management business to

Banks not helping small businesses

Barclays drives innovative financial technology with Accelerator programme

Financial services company Barclays announced on Monday that the second cohort of ten new financial service companies will take part in its thirteen-week

HSBC

HSBC closes Jersey accounts held by UK residents to prevent misuse of service

Banking and financial services organisation HSBC is closing the Jersey accounts of customers who reside in the UK, as part of steps being

creditcard

EU votes to cap cross-border and domestic card-based payment fees

Bank fees charged to retailers to process shoppers’ card payments are to be capped, the European Parliament announced on Tuesday. The payment fees are charged by banks belonging to

money

PPI mis-selling compensation bills for UK banks reaches £24.4 billion

Compensation for mis-selling of payment protection insurance (PPI) by the five largest banks in the UK currently stands at a total of £24.4bn, with most banks extending their

Banks not helping small businesses

Barclays Pingit service expands to Twitter

Financial services provider Barclays announced on Wednesday that it is expanding its Pingit service to a potential 13.5 million Twitter users in the UK.

Pound coins

National statistics reveal UK government is on course to meet fiscal year borrowing target

The UK's Office for National Statistics (ONS) released its January 2015 Public Sector Finances statistical bulletin on Friday,

HSBC Canary Wharf

FCA to conduct wholesale market study into investment and corporate banking

Following publication of a review into competition in the wholesale sector, UK financial services regulator the

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