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FCA questions banks over higher overdraft rates
28 Jan 2020

FCA questions banks over higher overdraft rates

(Sharecast News) - The Financial Conduct Authority has asked the big banks to reveal how they arrived at new overdraft rates of about 40% and to show ...

UPDATE 1-UK banks approve most mortgages since 2015 - UK Finance
27 Jan 2020

UPDATE 1-UK banks approve most mortgages since 2015 - UK Finance

(Adds detail from survey, economist reaction) LONDON, Jan 27 (Reuters) - British banks approved the highest number of mortgages in more than fo...

Virgin Money UK chairman Pettigrew to retire by 2021
24 Jan 2020

Virgin Money UK chairman Pettigrew to retire by 2021

LONDON, Jan 24 (Reuters) - Virgin Money UK said on Friday its chairman Jim Pettigrew is planning to retire by September 2021 when his tenure on the ...

Finance wants competitiveness role for UK watchdogs after Brexit
23 Jan 2020

Finance wants competitiveness role for UK watchdogs after Brexit

* IRSG says not seeking a "race to the bottom" in rules* Britain should avoid "gold plating" of rules* Call for new parliamentary committee for financ...

UK Treasury asks banks for ideas to boost 'left-behind' Northern towns
21 Jan 2020

UK Treasury asks banks for ideas to boost 'left-behind' Northern towns

By Iain WithersLONDON, Jan 21 (Reuters) - Britain's finance ministry has canvassed banks for ideas to boost the country's "left-behind" northern tow...

UPDATE 2-UK watchdog begins two-year crackdown on financial advisers
21 Jan 2020

UPDATE 2-UK watchdog begins two-year crackdown on financial advisers

(Adds reaction)By Huw JonesLONDON, Jan 21 (Reuters) - Britain's markets watchdog told financial advisers on Tuesday they face a two-year crackdown to...

UK watchdog begins two-year crackdown on financial advisers
21 Jan 2020

UK watchdog begins two-year crackdown on financial advisers

LONDON, Jan 21 (Reuters) - Britain's markets watchdog told financial advisers on Tuesday they face a two-year crack down to stop unsuitable advice, ...

RBS digital chief Mark Bailie to leave bank - Sky News
21 Jan 2020

RBS digital chief Mark Bailie to leave bank - Sky News

LONDON, Jan 21 (Reuters) - The chief executive of Royal Bank of Scotland's digital bank Mark Bailie is leaving the state-backed bank within months, ...