Banking Archives | Gladstone Brookes

Blog Category: Banking


TSB to open dedicated IT centre for digital banking

TSB to open dedicated IT centre for digital banking

Challenger bank TSB is to open a dedicated IT centre as part of its drive towards digital banking.

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Santander latest to set 40% overdraft rate

Santander latest to set 40% overdraft rate

Santander has become the latest bank to set a single overdraft rate of 40%.

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FCA warns banks to stop short-changing loyal customers

FCA warns banks to stop short-changing loyal customers

Britain’s financial regulator has warned banks to stop short-changing loyal customers while rewarding new accounts with special ‘teaser rates’.

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FCA chief to be new governor of the Bank Of England

FCA chief to be new governor of the Bank Of England

Andrew Bailey, chief executive Britain’s financial regulator, has been named as the man to take over from Mark Carney who is stepping down as the governor of the Bank Of England in March after six years in control.

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PPI NEWS – A REVIEW OF 2019

PPI NEWS – A REVIEW OF 2019

2019 was a landmark year for PPI with the much heralded claims deadline passing on August 29th.

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PPI News – Top 20 Payouts For December

GB TOP 20 PAYOUTS FOR DECEMBER

The last month of 2019 produced a good crop of Christmas and New Year surprises for our clients with a dozen of our Top 20 payouts all receiving five figure sums in compensation from just a single claim.

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Bank of England to set new climate tests for UK banks

B of E to set new climate tests for UK banks

In a world first the Bank Of England is set to order the UK financial system to undergo a new series of tests to establish their readiness to cope with problems brought on by climate change.

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FCA warns own ban on mini-bonds could cause trouble

FCA warns own ban on mini-bonds could cause trouble

Britain’s financial regulator has admitted its own ban on the marketing of mini-bonds to retail investors could harm existing bond holders.

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FCA bans marketing of mini bonds to ordinary savers

FCA bans marketing of mini bonds to ordinary savers

Britain’s financial regulator has banned the marketing of mini bonds to ordinary savers from January.

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Lloyds wrongly rejected 61,000 PPI claims

Lloyds wrongly rejected 61,000 PPI claims

It has emerged that Lloyds Banking Group (LBG) wrongly rejected 61,000 PPI claims after telling its customers they could find no records of an account with PPI attached.

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