2019 Articles

Watchdogs propose tougher rules to limit banking services glitches
Watchdogs propose tougher rules to limit banking services glitches
UK regulators have proposed new rules to make banks and payment firms more resilient to major problems in the wake [...]
December 5, 2019
Moody's downgrades outlook for global banks
Moody's downgrades outlook for global banks
The outlook for global banks has been slashed by credit ratings agency Moody’s. Weakening economic growth, low interest rates and [...]
December 5, 2019
HSBC to bring in 40 per cent overdraft rate
HSBC to bring in 40 per cent overdraft rate
HSBC is set to bring in a controversial single overdraft rate of almost 40 per cent for its customers next [...]
December 5, 2019
What can the financial sector learn from dairy farmers?
What can the financial sector learn from dairy farmers?
Nobody would travel with an out-of -date passport, so why should the world of finance be any different? And yet, [...]
December 5, 2019
How can banks factor in climate change without damaging the economy?
How can banks factor in climate change without damaging the economy?
In a few weeks, we will get the results of the UK bank stress tests, which is a measure of [...]
December 5, 2019
AJ Bell profit rises a third as firm completes record year
AJ Bell profit rises a third as firm completes record year
AJ Bell’s first year as a publicly listed company was the most profitable ever for the broker and online trader, [...]
December 5, 2019
Metro Bank CEO Craig Donaldson to step down
Metro Bank CEO Craig Donaldson to step down
Metro Bank’s chief executive Craig Donaldson revealed this evening that he will step down at the end of the year, [...]
December 4, 2019
Zopa secures last-minute £140m injection
Zopa secures last-minute £140m injection
Zopa has secured a £140m cash injection that will help the peer-to-peer lending giant meet regulatory capital requirements to become [...]
December 3, 2019
Moody's downgrades outlook for UK banking system
Moody's downgrades outlook for UK banking system
The UK banking system’s outlook has been downgraded by credit ratings agency Moody’s, after it cited a swathe of challenges [...]
December 3, 2019
TSB mulls bonus docking after pushing back gender balance targets
TSB mulls bonus docking after pushing back gender balance targets
TSB is planning to dock bonuses for its bosses after missing gender balance targets, according to reports. The bank has [...]
December 3, 2019
US scrutiny on Deutsche Bank's role in Danske money laundering scandal
US scrutiny on Deutsche Bank's role in Danske money laundering scandal
Deutsche Bank’s role in the Danske Bank money laundering scandal is reportedly facing a deeper investigation from the US, in [...]
December 2, 2019
TCI threatens investors over climate change as pressure mounts on sector
TCI threatens investors over climate change as pressure mounts on sector
Activist hedge fund TCI has called on company directors to disclose their carbon dioxide emissions or risk punishment. According to [...]
December 2, 2019
Nomura chief executive steps down after seven years in the role
Nomura chief executive steps down after seven years in the role
Japanese investment bank Nomura today announced that chief executive Koji Nagai, who has led a seven-year restructuring effort, will step [...]
December 2, 2019
Goldman Sachs to cool UK Marcus expansion to avoid red tape
Goldman Sachs to cool UK Marcus expansion to avoid red tape
Goldman Sachs is planning to cool the UK expansion of its new retail bank Marcus as it seeks to avoid [...]
December 1, 2019