All articles by Ellie Chambers

Ellie Chambers

Co-op Bank needs £400m to cover newly discovered costs

The UK’s Co-op Bank plans to raise around £400m ($660m) in capital via the sale of new shares after discovering further costs relating to previous misconduct.

BBVA launches strategy unit for digital banking

Spanish lender BBVA has launched a unit dedicated to working on the bank’s digital strategy.

AIB and IMHO negotiate mortgage write downs for Irish borrowers

Allied Irish Bank (AIB) has partially written off the debt of nearly 100 borrowers in a surge of mortgage write downs.

Traditional FS providers still highly trusted – EY

“Winning through customer experience”, the 2014 Global Consumer Banking Survey by Ernst & Young (EY) shows that confidence in the banking industry is on the rise and customers have high trust in their primary financial services provider. Ellie Chambers takes a closer look at the survey’s findings

SocGen to offer to buy out minority shareholders in online bank Boursorama

Societe Generale has said it will offer to buy out minority shareholders in its internet banking brand, Boursorama, increasing its presence in the online sector.

RBS appoints Morgan Stanley to advise on merger for Ulster Bank

The state-backed Royal Bank of Scotland has reportedly appointed Morgan Stanley to advise it on a potential merger for its Irish retail arm, Ulster Bank.

Nationwide switches customer service line to free phone number

Nationwide Building Society has moved its main customer service telephone lines onto free 0800 numbers.

BBVA Compass and Cardtronics partner over ATMs in Texas grocery stores

BBVA Compass has been given branding rights to Cardtronics’ ATM network in H-E-B grocery stores throughout state of Texas.

New TSB current account has joint highest interest rate on UK market

TSB Bank has launched a current account that pays 5% interest on balances up to £2,000 ($3,320), the joint highest interest rate on the market.

Wells Fargo steps down from P2P lending ban on workers

Wells Fargo has lifted a ban on its employees using their own money to make loans on peer-to-peer platforms, in a sudden U-turn in internal policy.