Lloyds Bank, London

Lloyds profits increases to £1.2 billion while PPI compensation costs rise by £1.4 billion

Lloyds Banking Group has set aside a further £1.4bn to cover compensation claims by customers who were mis-sold payment protection insurance (PPI), but has declared a 38% rise in half year profits to £1.2bn, it was reported on Friday. A […]

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Acropolis, Greece

Greek banks reopen

Banks in Greece are reopening, following three weeks of talks on how to resolve the country's debt crisis, the BBC reported on Monday.

Banks not helping small businesses

Barclays announces change of leadership

International financial services provider Barclays PLC revealed on Wednesday that it is to lose its current chief executive Antony

Flexible Finance for Single Parents

Money problems take a toll on all of us at some point, which is why it’s so important to have access to the best advice and solutions to


Royal Mint makes bullion trading more accessible with launch of Signature Gold service

The introduction of The Royal Mint's Signature Gold bullion trading service on 2 June 2015 now means that gold trading has opened up to customers who just want

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


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 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 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

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