Lloyds Bank, which remains partly owned by the government, has sold its remaining stake in wealth management firm St James’s Place, raising £680 million. The bank...
Britain’s largest bank is reportedly sounding out investors to assess whether to list its UK retail and banking operation. Board members at HSBC are apparently considering...
The customer costs of current accounts are rising and can vary depending on which bank you choose, but claims that low income customers are paying more...
The Co-op Bank received “overwhelming” support for its recapitalisation plan after 99.9% of votes were in favour. Proposals are now expected to be approved later this...
At the first Global Islamic Economy Summit, Islamic banks were told that focusing on ethics and customers would allow them to modernise and position themselves for...
At an event in Bristol in September, 500 people gathered to discuss banking – but not as we know it. Talk of executive remuneration was replaced by...
New research has suggested that most customers are choosing to switch current accounts based on the bank’s reputation and customer service, despite larger banks trying to...
A report by ActionAid has suggested Barclays is increasing the number of tax havens it is promoting, despite the bank saying it was changing after...
Nationwide Building Society has revealed a £270m jump in pre-tax profits for the first half of 2013, up from £103m reported a year earlier. An increase...
UK consumers and investors continue to use and value the independent financial advice (IFA) sector for financial help and guidance, a survey has found. IFAs were...
The Royal Bank of Scotland (RBS) could be implicated in another scandal, the outgoing chairman of UK Financial Investments (UKFI) has said. The potential penalties relate...
An alternative finance firm has said that businesses shouldn’t solely rely on banks if they want to grow and help drive the economy forward. Research across...
High street bank HSBC has been accused of “bankrolling the destruction of rainforests” that are essential for the survival of orangutans and other endangered species. The...
We will “[continue] to have regard for the highest standards of ethical principles”, the Co-operative Bank stated in an advert on Monday. This is despite being...
At least 15% of the Co-operative Bank’s branches will close as part of its £1.5 billion recapitalisation. Its rescue plan also sees hedge funds take a...