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...
The parliamentary commission on banking standards’ latest report is a bit like reading the first part of The Lord of the Rings. There is incredibly dramatic and beautiful...
The threat of prison sentences would give bankers “pause for thought” in acting in a reckless, irresponsible and unsustainable manner, according to a major report by...
Claire Bassham, head of global communications at responsible investment research firm EIRIS, reflects on a recent St Paul’s Institute and CCLA debate into the morals, ethics...
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...
Lloyds Banking Group has admitted there were “issues” with the way some of its employees were handling complaints over payment protection insurance (PPI), with banking campaigners...
Triodos Bank has said it is considering entering the current account market, in an effort to expand the number of full-range ethical banking options for consumers....
Move Your Money is certainly a campaign of its time. Mobilised by an abundance of banking scandals, more than 500,000 people have switched from the big...
It was lauded as “the biggest shake-up in high street banking in a generation”, but today the Co-operative Bank has revealed that it is pulling out...
The parliamentary banking commission has criticised three ex-HBOS executives over their “colossal failure” amid the financial crisis of 2008, and called for the trio to be...
The Royal Bank of Scotland (RBS) revealed it made a £5.17 billion pre-tax loss in 2012 – more than three times the £1.2 billion it lost...
In the UK, there are nearly 18m joint accounts, representing over a third of all accounts open. But do you and your partner really love the...
The Royal Bank of Scotland (RBS) will pay penalties totalling over £390m to three regulators for its role in fixing the Libor rate, it was revealed...
The mainstream financial services sector is suffering from a lack of new talent, according to a major survey of the industry. But for budding bankers, there...
The Co-operative Bank has admitted its procedures had “fallen short of the high standards” it expects, after the Financial Services Authority (FSA) handed it a £113,300...