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.
Retail Banking
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.
11/30/2022
Business confidence downward trend intensifies but retail sector shows gain
The survey was conducted between 1 and 15 November, ahead of the Autumn Statement by the Chancellor.
11/24/2022
Banks develop IT talent toolkit and framework
The five essential skills have been identified as "business critical" for firms across the sector given the ongoing shortage of talent in technology, cyber and digital.
11/22/2022
NatWest client angry after account frozen twice
The customer, who had first contacted FTAdviser two years ago when the first freeze happened, came back to FTAdviser a week after the accounts were frozen this time round.
11/16/2022
Deutsche Bank to Search Former Exec’s Emails in Derivatives Spat
Louise Kitchen left German lender for Credit Suisse last year
11/15/2022
Barclays to hand homeowners up to £2,000 for going green in their homes
The bank will pay out for its mortgage holders to make efficiency improvements to their homes