HSBC Lloyds Barclays Santander Nationwide Standard Chartered face Bank of England stress tests November 30, 2015 NULL
Mexican peso jumps then fades as Trump fails to impress in US Presidential Election debate October 20, 2016 The currency markets have spoken and Hillary Clinton has been declared the winner of last night's US Presidential Election debate. After a feisty exchange which yet again saw the pair fail to shake hands and where name-calling, bickering and allegation-hurling were the order of the day, Republican Donald Trump failed to leave many marks on [...]
Rory McIlroy puts bid for $1.25m Race To Dubai prize on hold and pulls out of Turkish Airlines Open over security fears October 30, 2016 World No2 Rory McIlroy admits he may have sacrificed his chances of winning the Race To Dubai by withdrawing from this week’s Turkish Airlines Open because of security concerns. McIlroy decided to pull out of the event in Antalya on Saturday, four days after a car bomb injured several people in the city, which was [...]
HSBC website down again: Bank promises to waive fees after suffering second day of disruption to online services – here’s what to do January 5, 2016 Update: HSBC has promised to waive any charges incurred because of issues with its online services, as outage continued for the second day in a row. Customers complained this morning that the bank's internet services were still down as of 8am this morning and throughout most of the day, with some claiming that they risked fines for unpaid [...]
Barclays is ditching telephone passwords for voice recognition August 1, 2016 Barclays is making passwords for telephone banking obsolete by rolling out voice recognition technology to all its customers. The use of biometric technology is being explored by several banks, but Barclays is the first UK bank to make the technology – which works in the same way as a fingerprint – widely available. Read more: Passwords are [...]
Children heading off to University next month? They could be spending half of their student loan in the first 100 days August 17, 2016 Parents whose children are preparing to head off to university may be surprised to hear that students spend an average of £3,304 during the first 100 days of their studies. Nearly one in five students frittered away their entire student loan during this period and a quarter resorted to borrowing money before the end of the [...]
Pay by selfie: Mastercard brings biometric technology to the UK October 4, 2016 Paying for things simply by taking a photo of yourself is now a step closer to reality as Mastercard brings its new biometric technology to the UK. So called selfie pay will let customers verify their identity with a snap of their smartphone camera when doing online shopping, or with fingerprints, doing away with passwords and pins -welcome relief [...]
Analysts fear Deutsche Bank could become Europe’s Lehman Brothers September 27, 2016 The misery for Deutsche Bank continued this morning as shares continued to slide to fresh record lows. The German lender has seen its share price lose 30 per cent in the last three weeks and was hit by a new round of selling this morning, as shares dropped 3.3 per cent to €10.20 (£8.86). The latest slide [...]
Goldman Sachs to shift 2,000 jobs out of London if goverment pursues “hard Brexit” October 9, 2016 A so-called "hard" separation of the UK from the European Union would prompt Goldman Sachs to shift 2,000 highly paid staff out of London. The loss of Britain's prized preferential access to the single market would lead the Wall Street stalwart to move one in three of its employees to rival financial hubs across Europe, The [...]
Citigroup plans to relocate 10 per cent of UK roles if the UK can’t secure passporting October 19, 2016 US bank Citigroup would relocate almost 1,000 jobs outside of the UK if the government is unable to secure passporting for financial services. The bank, which has 9,000 staff in the UK, has told MPs that failure to secure passporting would see it move the roles. Citi has major locations in Dublin, Paris, Frankfurt and [...]