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Banking News

Thousands up for grabs in week-long charity giveaway

Hundreds of charities and community groups across the nation could soon be benefiting from a cash boost as the Yorkshire Building Society Charitable Foundation invites people to nominate good causes to share in its annual week-long charity giveaway - Make a Difference Week!

Darling must come clean on bank stress test results

The Motley Fool - Fool.co.uk - is calling on the Treasury, the Financial Services Authority and the Chancellor to release the stress-test results on Royal Bank of Scotland and Lloyds Banking Group.

Barclays improves mobile banking services

With a growing trend of people using mobile phones to access banking, Barclays.mobi unveils a revamped site making banking simpler and more intuitive.

BBA LIBOR: The world's most important number now tweets daily

The benchmark for an estimated $350 trillion worth of financial contracts worldwide is now using the online messaging service Twitter to provide daily updates to borrowers.

Credit card, overdraft or unsecured loan?

There are three mainstream ways of unsecured borrowing from banks and building societies: credit cards, overdrafts and unsecured loans and there is a wide variation in the interest rates charged.

Consumer trust in financial services remains robust

A new survey shows that consumer trust in the financial services industry remains remarkably robust despite the banking crisis and global recession.

Consumers to benefit from free financial education sessions

Nationwide Building Society has formally launches MoneyActive, a three year partnership with the national charity Citizens Advice at an event in the House of Commons.

Another QE surge necessary to win battle for risk appetite

Comment by Stuart Thomson, economist at Ignis Asset Management: "Central banks should heed the warning from the history of George Bush and refrain from crying ‘mission accomplished'.

PFS to help youngsters get more financially savvy

Young people are to receive further assistance with financial awareness, with experts from the Personal Finance Society set to help them with money matters.

Principality members raise thousands for charity

Wales' largest building society, Principality, raised £20,000 for its joint charities of the year, Ty Hafan and Ty Gobaith, with the support of its members.

Banks to spearhead economic recovery

British banks and financial services will be at the centre of the UK's economic recovery, the British Bankers' Association [BBA] said today.

BSA: April Bank Rate announcement

Commenting on the decision by the Bank of England to keep the Bank Rate at 0.5%, Adrian Coles, Director-General of the BSA, said: "The Bank's interest rate decision is no surprise.

Bank of England maintains interest rates at 0.5%

The Bank of England's Monetary Policy Committee today voted to maintain interest rates at 0.5%. The Committee also voted to continue with its programme of asset purchases financed by the issuance of central bank reserves and to increase its size by £50 billion to a total of £125 billion.

Banks call for Europe to 'think international - not just local'

Greater harmonisation of banking regulations across Europe is vital, the British Bankers' Association (BBA) said today.

Which?: NatWest not delivering on MoneySense promise

A Which? investigation has revealed that NatWest's MoneySense service doesn't always deliver the impartial advice it promises.