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Bank governor warns interest rates could rise in worst-case Brexit scenario

Digital Desk -
Bank of England governor Mark Carney has warned interest rates could rise in the event of a no-deal Brexit if a cliff-edge withdrawal sends...
#EUREF

Santander sees profits fall amid Brexit uncertainty

Digital Desk -
High street banking giant Santander has seen UK profits tumble 15% as the group cautioned over stiff competition and Brexit uncertainty. The Spanish-owned lender reported...
BUSINESS

Pound suffers as European Central Bank hints at stimulus curbs

Digital Desk -
Pound Sterling was wallowing at eight month lows against the euro, as investors continued to trade on news that the European Central Bank may...
BUSINESS

RBS defends pay award to CEO of 175% of his salary as ‘showing restraint’

Digital Desk -
The Royal Bank of Scotland has defended the way its top bosses are awarded after some shareholders criticised the lender for not making deeper...
BUSINESS

Bank of England ‘may not be able to predict next financial crisis’

Digital Desk -
The Bank of England is unlikely to be able to predict the next financial crisis, despite having learned from its "Michael Fish" moment, key...
BUSINESS

Santander is first bank in the UK to let customers pay using just their voice

Digital Desk -
Santander has become the first bank in the UK to enable customers to make payments using their voice. The bank has updated the iPhone version...
BUSINESS

Deutsche Bank fined €500m by UK and US for Russia ‘money-laundering’ failings

Digital Desk -
Deutsche Bank has been fined more than £500 million after British and US regulators found that failings at the German lender led to 10...
BUSINESS

Pound ‘under some selling pressure’ following Brexit ruling

Digital Desk -
The pound fell on Tuesday morning following a decision by Britain's Supreme Court ruling the British Government is not required to consult the devolved...
BUSINESS

HSBC to close 62 branches in the UK in 2017

Digital Desk -
Banking giant HSBC has announced plans to close 62 branches across the UK this year. The British high street lender said it would be the...
BUSINESS

HSBC set to move 1,000 jobs from London to Paris over UK’s departure from single market

Digital Desk -
The boss of HSBC has said the bank is on course to move 1,000 jobs from its London business to Paris after British Prime...
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