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Retail Banking

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

11/04/2022

Societe Generale: Third quarter 2022 earnings

Good cost control, limited increase in operating expenses (+1.5% vs. Q3 21 published, +2.0% underlying)

11/04/2022

CaixaBank named 'Best Performing Bank in Europe 2022' by The Banker/PWM (FT Group)

This new award was created by the magazine using an algorithm that takes into account many quantitative indicators, such as earnings, profitability, asset flows and sector ratios like the number of clients per adviser, among many others.

11/02/2022

Profits under pressure at French banks as strong earnings run hits headwinds

The French lenders have enjoyed a bumper period for profits since they suffered a severe hit to income at the outset of the COVID-19 pandemic in 2020.

10/25/2022

Royal Bank of Canada plans push into UK commercial banking segment

RBC is claimed to be the largest bank in Canada in terms of market value.

10/24/2022

Poland's Bank Millennium third-quarter results hit by payment holidays

Bank Millennium said the cost was estimated at 1.423 billion zlotys ($292.16 million) before tax, and 1.153 billion zlotys after tax.

10/21/2022

NatWest and Vodeno create strategic partnership

NatWest Group plc and the Vodeno Group enter into a strategic partnership to create Banking-as-a-Service business

10/12/2022

Barclays launches free cashback without purchase service across the UK

The new service allows businesses with a Barclaycard Payments terminal to offer customers of any bank with a Visa or Mastercard debit card up to £100 per day, without needing to make a purchase.

10/12/2022

Barclays to make available additional liquidity to support LDI counterparties

Barclays and each LDI counterparty will act on a bilateral, arm’s length basis as principals under a repurchase agreement on commercial terms to be agreed including size, price, margining and termination provisions.

10/07/2022

Position of the Spanish financial sector in a more complex macro scenario

Although the starting point of the banking sector is positive, the Governor recommends banks to be prudent and have a very careful provisioning policy and capital planning in the coming quarters.

09/29/2022

Chase hits 1 million UK customers, reveals Nutmeg investments and credit cards are coming

Nutmeg will form part of an “extended investments offer” for Chase customers.

09/28/2022

Neuberger Berman launches European private loan fund

The regional banks will originate loans and co-invest as lender and servicer while Neuberger Berman will play an active role in arranging transactions.

09/28/2022

Barclays cuts business banking hours to adviser’s dismay

“It’s already hard enough trying to get through to Barclays on the phone and surely this will only be exacerbated in the future.”

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