Barclays bank has been handed a lawsuit by New York attorney general Eric Schneiderman, over allegedly misrepresentating the risks of high frequency or ‘dark pool’ trading...
The Labour party has given its backing to calls from the consumer group Which? for a full investigation into competition in the current account market. Earlier...
The Payments Council has revealed that 89,000 banking customers have switched their current accounts using the new switching scheme that was launched mid-September, but consumer groups...
More than two-thirds of charitable organisations fail in obtaining loans from high street banks, according to a survey by the Charity Technology Trust (CCT) and commissioned...
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...
One thing is almost guaranteed upon graduation from university, and that’s that students will leave with an often hefty debt to pay off. Though the bank...
The official launch date for the new service that allows people to switch banks in seven working days has been announced as Monday September 16. The...
Bank of England governor Mark Carney has said the big banks have to change their culture in order to play a more socially and economically useful...
The Co-operative Bank’s ethical image has taken a hit in recent weeks, after being placed at the centre of events including the collapse of a deal...
Forty-two per cent of bank customers are likely to switch providers when measures to make it simpler to switch are introduced in September, according to new...
The government is backing a system that will allow bank customers to switch to other providers more easily, in an effort to increase competition across the...
Almost 160,000 complaints were referred to the Financial Ombudsman Service (FOS) from consumers between April and June – the majority of which were about mis-sold payment...
UK banks fail to provide consistent and helpful support to couples with a joint account when their relationship ends, according to female finance website SavvyWoman. Sarah...
Local authorities have been challenged to make banking and investments work harder for their communities. In a new report, campaign group Move Your Money describes how...
The market share of Britain’s biggest five banks dropped 5 percentage points in 2012, as 2.4 million customers closed their high street accounts in favour of...