Another $4.3Billion in Fines and Banks Are Still Paralysed

Nigel Cannings | Posted 14.01.2015 | UK Politics
Nigel Cannings

There will be another Forex-style scandal within the next three years. It is probably brewing even as you read this. And it will probably all be conducted on the telephone, now that the regulators have worked out IM chatrooms...

Two Big Banks Have Been Caught Breaking The Rules

The Huffington Post/PA | Posted 22.10.2014 | UK

Two big banks have been criticised for telling small business customers they must open an account with them in order to obtain a business loan. The...

Salmond Will Hate What This Guy Has To Say About Scottish Independence

The Huffington Post UK | Asa Bennett | Posted 22.08.2014 | UK Politics

Scottish independence could lead to "capital flight" as savers rush to move their money out of the country, the chairman of HSBC has warned. Dougla...

The UK Skills Crisis Coverage Fails to See the Big Picture - A Changing World of Work

Mark Hillary | Posted 07.10.2014 | UK Politics
Mark Hillary

This is a perfect storm scenario. Countries such as the UK, with a history of dominance and empire and educational excellence, need to look beyond the obvious. The world is going to be a very different place in just a couple of decades. Economic and cultural hegemony is not a birthright and can easily shift to the east throughout this century.

HSBC Boss Thinks It's Time For Bankers To Take Way More Risks

PA | Posted 04.08.2014 | UK

Britain's biggest bank HSBC has warned over the dangers of "unwarranted risk aversion" as bankers seek to protect themselves following the recent wave...

HSBC Closes Muslim Groups' Accounts As They're 'Too Risky'

PA | Posted 30.07.2014 | UK

Britain's biggest bank HSBC is closing a range of Muslims groups' bank accounts after deeming that continuing to manage them would be beyond their "ri...

Big Banks Are Threatening People With Dodgy 'Wonga-Style' Lawyers

The Huffington Post UK | Asa Bennett | Posted 04.07.2014 | UK

Britain's biggest banks are hitting customers with legal threats from what appear to be independent lawyers, but are actually names used by the bank's...

Osborne Is Trying To Give The Banks A Secret Tax Cut

The Huffington Post UK | Asa Bennett | Posted 25.03.2014 | UK Politics

George Osborne slipped out a potential "secret tax cut" for Britain's biggest banks that could see them pay hundreds of millions less in tax, critics ...

Asa Bennett

Will Big Banks Get Their Customers Back Once They Clean Up Their Act? | Asa Bennett | Posted 07.02.2014 | UK

Britain's big banks should not expect to get back the customers they lost after the banking crash due to the scale of the breakdown in trust and the "...

Does Barclays No Longer Value Their Own Customers?

Mark Hillary | Posted 31.03.2014 | UK
Mark Hillary

The argument today is that telephone banking, Internet banking, and even self-service kiosks in supermarkets have replaced the need for branches. It could even be argued that over the past couple of decades branches have become little more than outlets for selling insurance anyway.

HSBC Bank Refuses To Let Customers Withdraw Large Sums

The Huffington Post UK | Posted 27.01.2014 | UK

HSBC have been accused of quizzing customers withdrawing large sums on cash on what they want to spend it on - and demanding proof of what they will p...

The Banks Are Admitting Guilt, So Why Is No One Jumping for Joy?

Harry Cooper | Posted 23.01.2014 | UK Politics
Harry Cooper

The banks have admitted guilt and they are paying us back for all the dodgy deals they got into! Well, not really. Banks are, in effect, 'fessing up to having behaved fraudulently or criminally. However what 'settling' means is actually 'paying regulators to shut up and stop asking difficult questions'.

'The Big Banks' Dominance Will Finish'

The Huffington Post UK | Asa Bennett | Posted 04.10.2013 | UK Politics

RBS, Lloyds, HSBC and Barclays will lose their "dominance" by the end of the decade due to the rise of competitive alternative banks and government re...

As Life Expectancy Increases and Our Ideal Retirement Is Harder to Pay for, Will Britons Ever Retire?

Christine Foyster | Posted 17.11.2013 | UK Lifestyle
Christine Foyster

Of those who are currently retired in Britain, nearly two-fifths admitted that they had not properly prepared for the retirement they planned. Whilst some Britons are starting to realise the state of their finances before they retire, most are still only realising after they give up work.

Tough Financial Times Call for Extreme Measures, but How Does Gender Affect the Way We Cope?

Christine Foyster | Posted 21.10.2013 | UK Lifestyle
Christine Foyster

Despite the obvious difference of opinion between sexes, one fundamental action is clear. In order cushion against the impact of the unexpected, whether the economic downturn or another 'life event', a new and more robust approach to saving needs to be taken.

Didn't Get The Results You Wanted Yesterday...?

Laura Whitmore | Posted 16.10.2013 | UK Universities & Education
Laura Whitmore

Around 600,000 young people in the UK are on school holidays right now. That means unlimited sunbathing, chilling with mates and dreaming about exciting futures, right? Wrong. In fact, thousands of young people feel hopeless about life after school.

HSBC Branches Close After Being Targeted By UK Uncut

PA/Huffington Post UK | Posted 20.07.2013 | UK

A number of HSBC branches across the UK closed "as a precaution" on Saturday after demonstrators from a direct action group staged protests outside. U...

WATCH: Bill Oddie Gets Evicted From HSBC

The Huffington Post UK | Posted 15.05.2013 | UK Comedy

Hate bankers and love Bill Oddie? You've come to the right place! The comedian-presenter has made a video for Global Witness which sheds light on H...

How Many Jobs Is HSBC Going To Axe?

PA | Posted 23.04.2013 | UK

HSBC announced job cuts on Tuesday, impacting on thousands of its staff, over the "changing nature" of the business as well as regulation. The bank...

Boris on Bonuses: Like Swiss Cheese, Full of Holes

Dr Prateek Buch | Posted 03.05.2013 | UK Politics
Dr Prateek Buch

Coming days after RBS announced a £607m bonus pool to "reward" staff for losses of £5bn, Boris' defence of the banking industry is in itself deluded - and as far as the UK economy is concerned, self-defeating.

HSBC UK Operations Hit By PPI And Bank Levy Cost - Loses £670m

The Huffington Post UK | Charlie Thomas | Posted 04.03.2013 | UK

HSBC's results revealed a less rosy year than analysts were expecting, with the UK operations losing £670 million as a result of the ongoing cost of ...

HSBC Boss To Be Paid HOW MUCH?

PA/Huffington Post UK | Posted 02.03.2013 | UK

The chief executive of HSBC will reportedly receive a bonus package of around £2 million, despite the bank being forced to set aside £950 million la...

The Perils of Savings Gaps and Their Impact on Retirement

Christine Foyster | Posted 21.04.2013 | UK
Christine Foyster

At some point in our lives, most people will experience a period of financial constraint brought about by an unexpected, or unplanned for, event.

Charlie Thomas

Financial Watchdog Bares Its Teeth At Banks Over Interest Rate Swaps | Charlie Thomas | Posted 31.01.2013 | UK

Bad news for banks, but good news for businesses on Thursday - The Financial Services Authority (FSA) has said it will investigate the mis-selling of ...

Dealings With Drug Lords, Rogue States And Terrorists Costs HSBC £1.9bn

Charlie Thomas | Posted 11.12.2012 | UK

HSBC will pay US regulators $1.9bn (£1.9bn) as a settlement after it was found to have laundered money for drug cartels, terrorists and so-called rog...