(ShareCast News) - Banks will be forced to limit overdraft charges and introduce a new standard technology to enable consumers to more easily switch between providers, among several measures proposed by the competition watchdog to improve competition in retail banking. Concluding its investigation i
Read more(ShareCast News) - Challenger lender and retail savings group OneSavings Bank describes its financial and operational performance in the year to date as "strong" on Wednesday, with new loans and advances growing £460m in the first quarter. The FTSE 250 firm said this was driven by further strong org
Read more(ShareCast News) - OneSavings Bank has completed the purchase of a portfolio of UK first charge residential mortgages. The portfolio had an outstanding balance of £112m at the end of February and is being acquired at a discount to par. The transaction will be satisfied by cash from OneSavings' exis
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