Browsing: Banking News
HSBC is to pay €300m (£266m) to French authorities in order to settle a long-running investigation into tax evasion by French customers of the bank, according…
Speculation that London could lose out on its status as a global financial hub post-Brexit has taken a tangible turn as several major banks have agreed…
Legal & General has invested £40m into a fintech startup that partners with employers to offer loans to workers, according to Business Insider UK. SalaryFinance was…
Deutsche Bank chief executive John Cryan says work now done by qualified accountants could soon be carried out by robots. Cryan told a Frankfurt gathering: “In…
There has been little change in borrowing patterns among UK consumers and businesses since the EU referendum, according to figures released on Wednesday by the British…
Seven of the UK’s largest financial service providers banks have been advised to set aside extra capital as a buffer against financial shock, following the latest stress…
The Financial Conduct Authority (FCA), which is responsible for the conduct supervision of all UK regulated financial firms and the prudential supervision of those not supervised by…
Financial Ombudsman Service reveals 8% increase in complaints relating to UK financial service providers
The UK’s Financial Ombudsman Service has published its latest figures on complaints about banks, insurers and other financial businesses over first half of 2015, which show an…
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…
The Co-operative Group, a British consumer cooperative that operates a range of retail businesses, announced its final results for the 52 weeks ended 4 January 2014…
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