Accountancy firm KPMG has released a report, in which it claims that too much regulation on the big banks will curb growth. The study shows that...
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...
A government adviser has warned banks that abusive practices could hinder Britain’s economic prosperity, saying, “It is time for growth, not greed.” Lawrence Tomlinson, entrepreneur in...
Ross McEwan, who joined the Royal Bank of Scotland (RBS) in 2012, will be the bank’s new CEO from October, after Stephen Hester resigned in June with £1.6m payoff. McEwan,...
Most commentators seem to agree that a return to ‘back to basics’ banking is needed if we are to avoid the kind of speculative bubbles that...
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 Royal Bank of Scotland (RBS) has been fined £5.6m by the banking regulator, after incorrectly reporting more than 44m transactions made with other banks and...
The Royal Bank of Scotland (RBS) SE100 Index is launching a new service that will allow social investors to track the financial, social and environmental performance...
Sending senior bankers to prison for reckless behaviour may not bring about the wholesale positive changes regulators expect, according to the law profession’s trade body. The...
The investment arm of the Church of England is considering bidding for a collection of Royal Bank of Scotland (RBS) branches, in the hope of creating...
It’s been a week since the banking commission reported on the industry’s “shocking and widespread malpractice”. Apart from the initial flurry of media interest, the report is...
Big banks in the UK need to raise billions more in capital to cover their risks, according to the Prudential Regulation Authority (PRA). Five of the...
With the Royal Bank of Scotland (RBS) heading towards re-privatisation, CEO Stephen Hester, who has run the bank since 2008, has announced his intention to quit....
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...
The Financial Ombudsman Service has revealed that it receives 7,000 complaints and enquiries a day – a figure that the Move Your Money campaign says should...