Banking
Avoiding the 'seven deadly sins' of online fraud
Ori Eisen, Chief Innovation Officer at 41st Parameter, highlights seven 'online sins' which, if addressed, can deter the use of stolen credit cards and reduce identity theft and fraud.
Virgin Money to buy Church House Trust
Commenting on the move by Virgin Money to buy Church House Trust, Kevin Mountford, head of banking at moneysupermarket.com said: "Following a period of mass consolidation in the banking and building society sectors it is great to see a serious player making a move to challenge the big banks.
Virgin Money offer for Church House Trust Plc
The boards of Church House Trust and Virgin Money are pleased to announce that they have reached agreement on the terms of a unanimously recommended offer to be made by Virgin Money to acquire the entire issued and to be issued share capital of Church House Trust.
City analyst says "talk of recovery is far too premature"
The Bank of England has announced they will leave interest rates on hold at 0.5 per cent for the 10th month in a row. The MPC also voted to continue its quantitative easing programme, currently totalling £200 billion.
NatWest Sectors Structured Deposit Account Issue 3
NatWest International Personal Banking (IPB) has launched Sectors Structured Deposit Account Issue 3, building on the success of previous Sectors accounts issued in 2009. The Sectors account enables customers to have both security and potential growth through the diverse green or UK business sectors.
UK interest rates held 0.5 per cent
The Bank of England's Monetary Policy Committee today voted to maintain UK interest rates at 0.5%. The Committee also voted to continue with its programme of asset purchases totalling £200 billion financed by the issuance of central bank reserves.
Cash back offer with A&L Premier Current Account
A&L, part of the Santander Group, is continuing 2010 where it left off in 2009, by offering some of the best current account deals on the market.
Super tax on banker’s bonuses unjustified, says CISI survey
Sixty-one per cent of financial services practitioners believe the super tax on bankers' bonuses imposed by Chancellor Alistair Darling is unjustified, a survey by the Chartered Institute for Securities & Investment (CISI) shows.
Appetite for risk continues to dictate currency moves
Neil Looker, Chief FX Dealer, City Index commented: "The currency markets have started the year in a risk friendly environment with equities and commodities rallying on the back of continued US Dollar weakness.
Banks push to become one-stop shops
Banks are increasingly focussing their sales efforts on their existing customers as they seek to cater for all their customers' financial needs.
Santander says adios to Spanish ATM charges
Following the announcement of the Zero Current Account in November 2009, Santander is today announcing another initiative aimed at rewarding loyalty amongst its existing customers.
Nationwide offers personal loan rate of 7.6% APR
With effect from Tuesday 5 January 2010, Nationwide will be introducing a new personal loan rate of 7.6% APR typical for loans of between £7,500 and £14,999 for up to five years for its main FlexAccount customers.
Building society lending steady in November
Gross mortgage lending by building societies was £1.6 billion in November, compared to £1.7 billion in October.
Mortgage lending up in November
Total net lending to individuals rose by £1.1 billion in November, according to figures from the Bank of England. The twelve-month growth rate remained at 0.7%. The three-month annualised growth rate was 0.6%, unchanged from a revised 0.6% for October.
Halifax gives current account customers extra Rewards
'Rewards' are available to any Halifax customer that funds their current account with £1,000 or more each month or holds an Ultimate Reward Current Account.