Would you want your bank to know how many steps you’ve walked today, or whether you got around to going for your weekly jog? You’d probably think it was none of the bank’s business – but what if it was promising you vouchers or cash to reward you for taking a certain number of daily … Read more
Millions of savers were unable to access their money yesterday after a meltdown at beleaguered National Savings & Investments. A ‘power outage’ hit the systems of the Treasury-backed bank meaning many of its 25million savers could not access its website, while its customer services could not help them over the phone either. Savers trying to log … Read more
HSBC shakes up its top team ahead of a major strategy update that will see it ‘pivot to Asia’ By Lucy White For The Daily Mail Published: 21:51 GMT, 22 February 2021 | Updated: 21:51 GMT, 22 February 2021 HSBC has shaken up its top team ahead of a major strategy update today that will … Read more
Bereaved families trying to tie up their loved ones finances hit by banking delays and blunders in pandemic By Victoria Bischoff for the Daily Mail Published: 22:01 GMT, 16 February 2021 | Updated: 22:01 GMT, 16 February 2021 Bereaved families are facing long delays and costly administration errors when wrapping up their loved ones’ finances … Read more
Finally a glimmer of light for banking heir Kate Rothschild and her partner Paul Forkan – I am delighted to report that the couple are expecting. Their first child together is due in June, Kate has confirmed to me – and it represents some much-needed good news for a family plagued with tragedy in recent … Read more
Finally a glimmer of light for banking heir Kate Rothschild and her partner Paul Forkan – I am delighted to report that the couple are expecting. Their first child together is due in June, Kate has confirmed to me – and it represents some much-needed good news for a family plagued with tragedy in recent … Read more
At the start of September, buried in an otherwise nondescript update about changing terms and conditions, the digital bank Starling made an unusual announcement. From 4 November, the bank would ‘introduce an interest rate of -0.5 per cent on deposits over €50,000’ held in its euro account. Starling had become the first British bank to … Read more
Roadside recovery firm AA banks on £218m private equity rescue: Stock crashes 86% since listing By Matt Oliver For The Daily Mail Published: 22:07 GMT, 23 November 2020 | Updated: 22:07 GMT, 23 November 2020 The AA looks set to end its disastrous run on the stock market after bosses said they were prepared to … Read more
Boss of Lloyds Banking Group on track to receive shares windfall just as he bows out of lender By Emma Dunkley, Financial Mail On Sunday Published: 21:54 GMT, 21 November 2020 | Updated: 21:54 GMT, 21 November 2020 The boss of Lloyds Banking Group is on track to receive a shares windfall just as he … Read more
I have an account with Halifax in Chesterfield. My niece registered Power of Attorney (POA) over my financial affairs in April. She needed a debit card as she was taking care of my shopping during the first lockdown. All subsequent correspondence and papers were issued in the name of J. Jones, which is neither her … Read more