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Banking
June 2024
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 customers’ private data put up for sale for $2m by hackers
CMA to investigate £2.9bn takeover of Virgin Money by Nationwide
‘Fleecing the man off the street’: Car dealers investigated over high interest rates
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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