Banking News
Northern Rock launches second annual branch contest for kids
Northern Rock is helping to keep kids entertained this summer holidays by holding a nationwide competition.
Who wants to be a quadrillionaire?
An incredible total of one quadrillion pounds (£1,000,000,000,000,000) has now been processed by the UK's high-value, same-day money transfer system, CHAPS, following a payment made yesterday (25 July). One quadrillion pounds is the equivalent to more than £16 million for every person in the UK.
HSBC customers can now donate to DEC via 3789 ATMs
HSBC and first direct customers can now donate vital funds to the Disasters Emergency Appeal DEC East Africa Crisis Appeal via their 3789 ATM machines nationwide, the only high street banks to provide the facility.
Yorkshire to acquire Egg's mortgage and savings balances
Yorkshire Building Society has announced that it has entered into an agreement with Egg Banking plc, a subsidiary of Citigroup Inc., to acquire its mortgage and savings business, comprising a £2.5 billion savings book and a £430 million mortgage book.
Halifax student account offering for 2011/2012
Halifax has announced that it will again be offering its generous student current account to those going to university this September.
Lloyds TSB launches its 2011 student account
Lloyds TSB launches its 2011 Student Current Account; this is available to new and existing customers effective from 18th August 2011.
Yorkshire BS selects Q-Guard to enhance anti-fraud programme
Quest, a leading software provider in the property valuation, mortgage fraud prevention and energy efficiency, has announced that Yorkshire Building Society has selected its Q-Guard fraud detection and prevention suite as part of its ongoing risk management strategy.
Barclays launches student package for 2011
Barclays, awarded Best Student Account Provider in the Consumer Moneyfacts Awards 2011, will launch its new student package for 2011 on Monday 11 July.
Santander brings back call centres to the UK
Santander UK is returning all of its Indian call centres to the UK so that all retail banking customers ringing the bank will have their call answered by a UK-based employee.
Northern Rock commended for responsible business practice
Northern Rock was last night given a prestigious national award from The Prince of Wales’ Business in the Community (BITC) charity, for its work to help tackle financial exclusion.
First Direct makes it two in a row at Which? Awards 2011
First Direct has won the Which? Award for Best Financial Services Provider for the second year running, beating NFU Mutual and Co-op Bank to the coveted prize.
Neighbours rarely become good friends in Britain
New research from HSBC on Britons’ relationships with their neighbours has found that we are a nation of functional acquaintances, using our neighbours for practical purposes rather than sociable.
Nationwide strengthens relationship with One Housing Group
Nationwide Commercial is continuing its long-standing relationship with the London-based One Housing Group (OHG) by completing a deal to provide the Group with £45 million of additional loan facilities.
The Co-op provides funding boost for young movie-making talent
A professional youth film company that has worked with over 10,000 young people in the past year has received a massive boost with The Co-operative Group announcing its continued support and funding until at least 2014.
Northern Rock wins prestigious national ‘Big Tick’ award
Northern Rock has been heralded among the most responsible businesses in the UK after receiving Business in the Community’s (BITC) coveted national Big Tick for its work to tackle financial exclusion in partnership with credit unions.