All posts tagged Banks

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 market has shown that UK banks pay lower interest rates to customers who do […]

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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

City of London

UK Financial Conduct Authority publishes 2014/15 Risk Outlook

The Financial Conduct Authority (FCA), which is responsible for the conduct supervision of all regulated financial firms and the prudential supervision of those not supervised by

Paying off debt

OFT action results in £149m repayment to bank and building society customers

  Action taken by the Office Of Fair Trading ( OFT) has resulted in seventeen UK banks and building societies agreeing to repay an estimated GBP149m in interest and

HSBC Canary Wharf

UK financial services sector profitability increases for fifth consecutive quarter

Continued recovery of the UK's economy is starting to take effect in the financial services sector, the Confederation of British Industry (CBI) revealed on Monday with

LCL is part of Credit Agricole

France’s Credit Agricole still interested in selling stake in Spanish Bankinter

French banking group Credit Agricole SA (EPA:ACA) views the stake it owns in Spanish peer Bankinter SA (MCE:BKT) as non-strategic and it is still considering all options regarding

Seoul, South Korea

South Korean banks investigated for interest rate manipulation

South Korea's financial regulator has launched an investigation into possible interest rate manipulation by four of the country's banks, according to a BBC report.

The banks

Bank of England, London

Bank of England offers cheap loans to banks to increase lending

The Bank of England is set to launch further emergency measures to boost the UK economy, it was announced last night. In his speech at the annual Mansion House

JP Morgan

JP Morgan beats estimates with strong first quarter

JP Morgan (JPM:NYSE) have announced their first quarter results with revenues increasing 24 percent to $27.4 billion beating expectations of $24.4 billion, but net income decreased from $5.6

House prices in the UK are broadly stable at the moment

Cheap loans aren’t helping first time buyers

Banks are promising to improve the number of cheap deals for first time buyers, but they will still struggle to get a mortgage in 2012. Experts have warned that

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