The Royal Bank of Scotland (RBS) has confirmed it will not split into a ‘good bank’ and ‘bad bank’. Instead, it will create an internal ‘bad...
Barclays has admitted to launching a probe into its foreign exchange trading operations. The bank, which was also implicated in the Libor scandal, faces further damage...
Dutch bank Rabobank has agreed to pay €744m (£637m) following an investigation into the Libor and Euribor scandal. The bank’s announcement confirms earlier reports suggesting that...
Once seen as the leading ethical banking option, the Co-operative Bank has endured a tough 12 months after financing problems led to it unveiling a £1.5...
The Co-operative Group may no longer keep a majority stake when the Co-op Bank floats on the stock market, with two hedge funds reportedly poised to...
US investment bank JP Morgan has reached a deal with the US Justice Department to pay a $13 billion (£8 billion) fine over the mis-selling of...
Despite a widespread campaign, a survey suggests only a small minority intend to switch their current account. Separate research suggested that the take up would be...
Consumer complaints reported by financial services firms fell by 500,000 between the second half of 2012 and the first half of 2013, according to the Financial...
Democratic finance has lots of definitions, but credit unions are arguably one of the best examples. Tom Revell looks at why they’re becoming an increasingly attractive...
The current account switching service, launched on September 16, has made “a great start”, according to the body behind it. Campaigners, however, argue that it is...
The long-awaited current account switching service was launched on Monday across 33 banks and building societies, and Tom Revell is on hand with a few handy tools...
Rules aiming to make the UK’s banking sector more competitive have been launched today, providing a new service guaranteeing that bank customers can change current account...
Move Your Money, a consumer campaign urging people to switch from high street banks to alternative providers, has warned customers to be cautious of “hollow sweeteners”...
The governor of the Bank of England Mark Carney recently unveiled new plans to get banks lending to businesses again. But is turning to the same...
A former BP, Rabobank and Morgan Stanley executive has been appointed head of sustainable finance at the Green Investment Bank (GIB) – the £3.8 billion government...