Issues to the Ombudsman have increased in part due to a significant increase in banking and credit-related issues. Building and auto insurance complaints, which recently reached a five-year high, were … Read More
In reaction to the startling misconduct of banking executives that preceded the 2008 financial crisis and (as if they hadn’t learnt their lesson) following the interest rate Libor scandal in … Read More
One of the major changes the EU implemented in the wake of the 2008 financial crisis has been officially removed by the UK’s financial authorities with the removal of the … Read More
British finance minister Jeremy Hunt announced on Monday that he was going to tighten banking regulations to ensure that clients’ accounts could not be cancelled based only on the opinions … Read More
According to a survey released on Friday, business confidence in Britain fell in September as expectations for the economy dimmed, adding to other indications that the economy is slowing down. … Read More
JP Morgan is set to take over the troubled US bank First Republic in a deal brokered by regulators. The Federal Deposit Insurance Corporation (FDIC) confirmed in a statement that First Republic … Read More
Investment bank, back office and technology jobs are set to be axed in London after UBS swallowed up Credit Suisse. Thousands of City jobs are at risk in the wake … Read More
City Voices: There is now a clear choice about how to unlock the next chapter of innovation Open banking has come a long way since it was first initiated, back in 2017, … Read More
