All articles by Ellie Chambers
Ellie Chambers
Barclays adds UAE to quit list
Barclays has pulled out of retail banking in the United Arab Emirates, selling that part of the bank to a local lender.
Citibank in talks to sell Spanish business to Banco Popular
Citibank is in talks to sell its Spanish retail banking arm to Banco Popular Español, the Spanish lender confirmed.
RBS to cut branch numbers by 44 and close some “last banks in town”
Royal Bank of Scotland (RBS) has announced the closure of 44 branches across the UK, 14 of which are classed as the “last banks in town”.
UK’s mobile money service Paym to launch at end of April
Customers of participating financial institutions will be able to use new mobile payments service Paym starting 29 April.
UK banking watchdog launches inquiry into resilience of lenders’ IT systems
The Financial Conduct Authority (FCA) is launching an inquiry into the high street banks’ IT systems following a series of service failures.
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Proliferation of devices: huge challenges but massive opportunities await the innovative
The proliferation of devices was the theme of the latest Digital Banking Club Live Debate, held at magnificent headquarters of The Law Society in London. A panel of experts took to the stage to discuss devices and the challenges they present for financial service providers. Ellie Chambers reports
Watchdog slaps Santander UK with fine for giving poor investment advice
The Financial Conduct Authority (FCA) has slapped Santander UK with a £12.5m ($20.7m) fine for giving poor investment advice.
Local government steps in to calm bank run in Eastern China
Local government figures in China’s Sheyang county have moved to quell panic after customers queued at a bank following rumours that it was near collapse.
Clydesdale and Yorkshire to shut 28 “unsustainable” branches
Clydesdale and Yorkshire Banks are to shutter 28 “unsustainable” branches as part of a drive to reshape the retail banking side of the business.
Lloyds Bank accused of exploiting loophole to short-change PPI claimants
The UK’s Lloyds Bank has been accused of exploiting a loophole in regulations to pay less compensation to PPI claimants.