Nationwide CEO's £7m pay sparks outrage
Nationwide Building Society faces backlash as CEO's potential £7m pay package is revealed, raising questions over executive pay in challenging economic times.
Category : Banking
Halifax warns of scam text surge targeting customers
Halifax has alerted customers to a surge in scam texts impersonating the bank, urging vigilance to avoid falling victim to fraud.
Banks cut deposit rates faster than RBA cuts
As savings surge among Australians, banks are reducing deposit interest rates at a quicker pace than the Reserve Bank’s official cash rate adjustments, squeezing returns for savers.
Barclays £175 Bonus: Who Qualifies?
Barclays has clarified the eligibility rules for its £175 current account switching bonus. Find out if you qualify and how to claim the cash incentive.
Bank exec dies after child sex charges
A senior executive at Commonwealth Bank took his own life after facing charges of procuring children for sex. The shocking case has sent ripples through the banking community.
Odey Faces FT in High Court Defamation Clash
Hedge fund tycoon Crispin Odey is embroiled in a High Court clash with the Financial Times over alleged defamation, as the legal saga intensifies.
CBA shifts jobs to India amid record profits, cuts local staff
Australia's Commonwealth Bank is outsourcing hundreds of jobs to India while cutting local positions, despite posting record profits, sparking outrage among employees and unions.
Clive Palmer accused of hacking bank accounts
Australian billionaire Clive Palmer faces allegations of hacking into bank accounts, raising serious concerns over financial security and fraud.
Federal Reserve building inspected amid Powell-Trump tensions
The Federal Reserve building faces an unprecedented inspection amid rising tensions between Chair Jerome Powell and former President Donald Trump. Discover the implications for US monetary policy.
Banker sacked after affair with junior colleague
A married city banker was dismissed after a brief affair with a junior colleague, with the tribunal hearing shocking claims about his reaction upon learning his wife was pregnant.
Gen Z targeted in TikTok money mule scams
Lloyds Banking Group reports a surge in young people unknowingly becoming money mules due to social media scams. Learn how fraudsters exploit Gen Z and how to stay safe.
Rachel Reeves introduces banking safeguards to stabilise UK finance
Chancellor Rachel Reeves announces new measures to enhance banking safeguards, aiming to stabilise financial markets and restore trust in the UK's banking sector.
Brits lose £560 yearly by ignoring savings trick
New research reveals how UK savers are missing out on hundreds of pounds each year by not switching to better savings accounts. Discover how to boost your savings effortlessly.
Millions in unclaimed Premium Bonds prizes
Over 2 million Premium Bonds prizes worth £82 million remain unclaimed. Find out how to check if you’re one of the lucky winners.
Barclays fined £42m over financial risk mishandling
Barclays faces a hefty £42m penalty from UK regulators for failing to manage financial risks effectively. Discover the details behind the fine and its implications.
1 in 4 women unaware of key financial term
A quarter of UK women have never heard of 'ISAs', a key savings tool, according to a new study. Experts warn this knowledge gap could cost them thousands.
Australia bans excessive credit card surcharges
The Reserve Bank of Australia has banned excessive credit card surcharges, aiming to protect consumers from unfair fees. Here’s how it impacts shoppers and retailers.
Reserve Bank proposes ban on card payment surcharges
The Reserve Bank's proposed changes could save consumers millions by banning card payment surcharges. Here's how it impacts your wallet.
Dimon defends Powell amid Trump criticism
JP Morgan CEO Jamie Dimon has publicly supported Federal Reserve Chair Jerome Powell following criticism from Donald Trump. Discover the implications for the banking sector and global markets.
Chancellor warned over bank ringfencing reforms
Experts warn that hasty changes to UK banking regulations could destabilise the financial sector. Learn why caution is advised.
BoE's Bailey warns against premature rate cuts
Andrew Bailey, Governor of the Bank of England, cautions against premature interest rate reductions, emphasising the need for sustained inflation control despite political pressures.
Millions losing cash in zombie savings accounts
Over 8.5 million UK savers are missing out on better interest rates by leaving cash in dormant 'zombie' accounts, with banks accused of profiting from customer inertia.
Lloyds Bank £190 cash boost: How to claim
Lloyds Bank is rolling out a generous £190 cash incentive for new customers switching to its Club Lloyds account. Discover eligibility criteria and how to apply.
FCA vows to cut red tape for London finance sector
The Financial Conduct Authority announces sweeping reforms to streamline regulations, aiming to cement London's position as a leading financial hub post-Brexit.
RBA: Ban card payment surcharges now
The Reserve Bank of Australia (RBA) has urged the government to outlaw payment surcharges on debit and credit card transactions, arguing they unfairly burden shoppers.
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