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Banking

June 2024

  • Euro sign in front of skyscrapers.

    European and Canadian central banks expected to cut interest rates this week

    New lower rates of 3.75% and 4.75% respectively are likely to be introduced this week after drops in inflation

May 2024

  • Santander bank logo

    Santander customers’ private data put up for sale for $2m by hackers

  • The Nationwide Building Society logo on a smartphone screen with the Virgin Money UK logo in the background

    CMA to investigate £2.9bn takeover of Virgin Money by Nationwide

  • Red and blue cars parked in a row

    ‘Fleecing the man off the street’: Car dealers investigated over high interest rates

  • Metro failed to act when a scam involving one of its accounts was reported.

    Consumer champions
    Metro Bank ignored my report of attempted scam

  • Goldman Sachs pay pot for bankers surges by more than 20%

  • Co-op bank brand may disappear within years in Coventry Building Society deal

  • Citigroup fined over ‘fat finger’ error that led to £1.1bn of mistaken orders

  • Observer business profile
    ‘It’s not vital to spend five days a week in the office’: the bank boss who works from home

  • UK cannot afford to give ‘cold shoulder’ to China, says City minister

  • ‘Free money’ and 10% interest: carrots UK banks are dangling to get you to switch

  • More than 6,000 UK bank branches now gone in nine years of ‘disastrous’ closures

  • Nils Pratley on finance
    The chancellor should ditch the NatWest retail share offer. It’s not needed

    Nils Pratley
  • Intensifying war increasing threat to Ukraine economy, EBRD warns

  • More than 100 acts quit Great Escape music festival in solidarity with Palestine

  • Are 25-year UK mortgages a thing of the past?

  • Banks have given almost $7tn to fossil fuel firms since Paris deal, report reveals

  • Nils Pratley on finance
    City of London watchdog is making a fair point on ‘naming and shaming’

    Nils Pratley
  • Consumer champions
    No refund after I was sold a stolen £3,300 bike on eBay

  • ‘Unfair banking’ and ‘damaging’ financial rules harming UK’s small firms, MPs warn

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