All articles by Ellie Chambers
Ellie Chambers
UK remortgage levels fuelled by costs of Christmas
Remortgage lending in the UK has risen by nearly a quarter since last November, fuelled in part by Christmas spending, according to a report.
Wincor now second biggest cash machine provider in Asia Pacific – Retail Banking Research
Wincor Nixdorf is now the second biggest provider of cash machines in the Asia-Pacific region, according to a study by Retail Banking Research (RBR).
Banesco Venezuela sees off Spanish and US rivals to buy nationalised Spanish bank
Banesco Venezuela has bought NCG Bank, one of three banks still in the hands of the Spanish government, for 1bn ($1.4bn).
A first for UAE as Emirates NBD and NCR pilot video ATM
Emirates NBD has become the first bank in the UAE to partner to launch a video-based interactive teller machine (ITM).
UK Parliament passes new banking legislation
The UK Parliament has passed the banking reform bill, approving it on the evening of 16 December.
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Gibraltar to establish state-backed bank to replace Barclays
The government of Gibraltar has announced the creation of a new, state-backed retail bank, the Gibraltar International Bank (GIB).
Co-op Banks creditors vote through bailout plan
Co-op Bank’s creditors have voted in favour of a £1.5bn ($2.4bn) bailout deal which will see them take control of 70% of the struggling UK lender.
Lloyds to relaunch sale of packaged accounts
Lloyds is to restart selling packaged accounts across all of its distribution channels over the coming months.
HSBC cuts off SME clients in Canada and US
Many of HSBC’s small businesses clients in Canada and the US have been shocked to learn that the bank is closing their accounts.
EU Parliament makes banking a legal right for residents
The European Parliament has voted to make the right to a bank account a legal right for all EU residents.