01/31/2023
Barclays sets out its flexible banking strategy
Barclays continues to adapt its physical footprint in response to declining customer branch usage, alongside the increase in customers using digital channels to bank.
Retail Banking
01/31/2023
BoE stats show mortgage lending plummets and reliance on consumer credit dips
While mortgage rates have dipped somewhat since the highs seen towards the end of last year, monthly costs remain far higher than many people had become accustomed to in recent years.
01/19/2023
Receipt of all regulatory approvals for the completion of the sale of Bank of the West to BMO Financial Group
Final finacial impacts of the Transaction will be provided on February 7, 2023, together with the publication of BNP Paribas 2022 Annual Results.
01/16/2023
Retailers can build customer loyalty via sustainability discounts
Across every sector, public and private organisations are leveraging data to strengthen value chains and forge new relationships with customers.
01/06/2023
Lloyds Banking Group tipped for nearly 60% upside as banks are already 'priced for recession'
Significantly, Jefferies describes the banks as having “best in class” capital returns across the whole market presently with the median yield coming in at around 8% per year for 2022 through 2024.
01/05/2023
Zopa Bank hits £3bn deposits as interest rates highest since 2008
On top of its swelling deposit base, Zopa has more than £2bn of loans on its balance sheet and 350,000 credit card customers.
01/04/2023
Halifax relaunches tracker mortgage rates after four years
Its two-year tracker rates for homebuyers range from 4.09 to 4.59 per cent, compared with fixed rates of 5.12 to 5.82 per cent for the same term.
01/03/2023
Societe Generale group announces the creation of its new french retail banking: SG
The bank SG aims to build a leading banking partner on the French market serving 10 million customers and be in the Top 3 of customer satisfaction.
01/03/2023
The banks across south London that permantely closed in 2022
HSBC alone lost 69 bank branches across the UK in 2022- it had already shut 82 branches in 2021.
01/03/2023
Rising interest rates could fuel results for HSBC, global banks amid uncertain economic outlook
HSBC’s profit expected to increase 7 per cent in 2022, surge 42 per cent to US$19.2 billion in 2023
01/03/2023
First woman to run major UK bank receives damehood
Alison Rose, the chief executive of NatWest Group, joined the bank 30 years ago as a graduate and climbed the ranks to take on the top job in 2019.
12/30/2022
2023 Outlook: UK banks' resilience to be tested further
This concern proved to be justified even as central banks initially tried to push back against the tide of calls for more aggressive rate rises, despite rising inflation, as well as inflation expectations.
12/30/2022
Crédit Agricole signs non-life partnership with Banco BPM in Italy
Under the partnership, BBPM will bring its leading banking experience and distribution capabilities across Italy.
12/29/2022
100 banking and payments experts share sector forecasts for 2023
100 banking and payments experts from Adflex to Yapily by alphabetical order share sector forecasts for 2023
12/28/2022
Home loan applications fell sharply in Estonia in final months of 2022
Interest rate rises are driven by the Euro Interbank Offered Rate (Euribor), which has been climbing, and economic and general uncertainty have also played a role in decisions to postpone purchases.
12/28/2022
Lloyds Banking Group: Attractive Valuation, High Yield, Improving Technicals
European Financials have seen a massive relative reversal when compared to large-cap U.S. stocks.
12/27/2022
1 multibillion pound reason to buy Barclays shares in 2023!
Dr James Fox explains one huge tailwind he believes is boosting the attractiveness of Barclays shares in 2023 and why he’s buying more.
12/27/2022
The top five banking and payment scams to watch out for in the New Year
It comes as Labour analysis of national fraud and cyber-crime statistics found that nearly £80 million will be lost to online fraud and scams over the 12 days of Christmas alone.
12/20/2022
UK banks form company to develop shared banking hubs
The creation of Cash Access UK Ltd is an important step towards a network of banking hubs across the country.
12/16/2022
Santander's reduction of stress tests welcomed by brokers
A stress test is applied to a mortgage borrower’s application to check the borrower’s ability to repay their mortgage at a given interest rate, even if the actual current rate is lower.