According to the chief executive officer of one beleaguered personal and business bank account provider, it has taken around £38 billion in charges so far to clean up the bank – with more costs looming on the horizon, banking experts added.
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What are your credit card details worth? Try £19
Russian websites sell on the stolen personal details of thousands of credit card holders in the UK for around £19, new research recently revealed.
Fake Tesco Credit Card Twitter account targets users
Users of the social media site Twitter were targeted by scammers looking to get credit card information from Tesco Bank customers recently in an attempt to get them to pass along their telephone numbers, supposedly to be contacted by a Tesco customer services member.
Tesco delays current account launch until next year
One supermarket chain keen to take a bite out of the banking business has recently announced it is postponing its current account launch until sometime next year.
New saver offers 3.2% interest rates – with a catch
A new instant access savings account from a Lloyds Banking Group member is offering 3.2 per cent with the catch that you need a massive minimum deposit of £50,000.
Savings account activity in the UK fluctuates
While the Bank of England may still cling to the idea that we’re ‘a nation of savers,’ new research indicates hat savings account activity in the UK has been fluctuating over the past few years, and not necessarily for the better.
Cheshire BS grabs best buy cash ISA spot
Nationwide subsidiary Cheshire Building Society has recently grabbed the top cash ISA spot with its new 3.06 per cent interest rate best buy in the opening salvo of the ISA wars that rage every spring, experts say.
Lloyds pledges to stop branch closures for next three years
One personal and business bank account provider recently promised to stop branch closures for at least the next three years as it attempts to build a reputation as the first choice for Brits everywhere, experts say.
Overdraft charges highest since 1995, experts say
Overdraft fees charged on some current accounts in the UK are at their highest levels since 1995, when records first began being kept, industry experts from the Bank of England recently reported.
RBS executives criticised, blackballed by FSA report
A report from the Financial Services Authority published this past December harshly criticised RBS executives, calling them unfit to run a banking provider.
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