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Natwest Like Never Before: Natwest goes private
Banking / COVID-19

Natwest Like Never Before: Natwest goes private

The major retail and commercial bank Natwest is returning to majority private control, as it buys back £1.2bn in shares.

0 Comments
April 6, 2022
Debt Default Looming: Fears that Russia will default on its national debt grow
Banking

Debt Default Looming: Fears that Russia will default on its national debt grow

The Russian invasion of Ukraine has After failing to deliver its interest payments, Russia is now on the brink of its first national debt default since 1998.

0 Comments
March 24, 2022
Rethinking Finance: NatWest cuts lending to oil and gas sector
Banking / Energy

Rethinking Finance: NatWest cuts lending to oil and gas sector

NatWest cut lending to clients in the oil and gas sector by almost £1bn in 2021.

0 Comments
March 10, 2022
Agnew Scandal: Government Covid loans infected by fraud
Banking / COVID-19 / Criminal

Agnew Scandal: Government Covid loans infected by fraud

Lord Agnew, a government minister responsible for counter fraud at the Treasury and Cabinet Office, has resigned after accusing the UK’s Covid-19 business loan scheme of being infested by fraud.

0 Comments
February 21, 2022
Buckle Up!: Inflation in the Eurozone hits a new record
Banking

Buckle Up!: Inflation in the Eurozone hits a new record

As energy and food prices surge, inflation in the Eurozone increased to 5.1% - an all-time high since 1997.

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February 14, 2022
Suisse Out of Water: Credit Suisse boss resigns
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Banking / COVID-19

Suisse Out of Water: Credit Suisse boss resigns

Credit Suisse chairman Antonio Horta-Osorio has resigned after a bank probe found that he had breached quarantine rules on two occasions.

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February 11, 2022
Splash the Cash: Santander makes £130m Christmas payment blunder
Banking

Splash the Cash: Santander makes £130m Christmas payment blunder

Santander deposited £130m into 75,000 accounts in error on Christmas Day.

0 Comments
January 9, 2022
Scamdemic: Many worthy fraud compensation claims denied by banks
Banking / Consumer

Scamdemic: Many worthy fraud compensation claims denied by banks

Consumer watchdog "Which?" has reported that 75% of fraud compensation claims rejected by banks should have been accepted.

0 Comments
November 19, 2021
Tschüss to Jens Weidmann: Head of Bundesbank to step down
Banking / EU Law / Finance

Tschüss to Jens Weidmann: Head of Bundesbank to step down

Jens Weidmann, head of Germany’s Central Bank, has handed in his notice. Known for being critical of excessive bond purchases, Weidmann’s departure will leave the door open for a shift in German economic policy.

0 Comments
November 6, 2021
Better than Ever: Lloyds Bank reports double profits
Banking

Better than Ever: Lloyds Bank reports double profits

Lloyds Banking Group reports better than expected profits thanks to a booming mortgage market.

0 Comments
November 3, 2021
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