Tesco Bank's move into the current account market is another step towards a more diverse UK banking sector, the Chancellor of the Exchequer has said.
Lloyds Banking Group has been hit with a record £28m fine by the Financial Conduct Authority (FCA) for failings related to serious flaws in the controls over sales incentive schemes. But what went wrong?
Democrats and Republicans reach deal to avert government shutdown; RBS faces fresh management upheaval; Britain must press on with fracking, says climate change adviser.
The Financial Conduct Authority (FCA) has fined Lloyds Banking Group a record £28m "for serious failings in their controls over sales incentive schemes".
Bank of England will stop housing market growing at 'warp speed', says Carney; Royal Mail workers win 9% pay increase; Halifax returns to Scottish high streets.
The Financial Conduct Authority (FCA) should expect a surge in applications from new start-up banks, according to the founder of Metro Bank.
The Co-operative Group was scrambling late on Monday to convince the 4.6 million customers of its banking arm that its ethical stance could survive aggressive US hedge funds taking a stake in the troubled bank.
Co-op Bank has secured a rescue deal with creditors over the weekend which will see branch numbers reduced and staff redundancies, according to reports.
Bank of England Governor Mark Carney has promised to keep interest rates lower for longer, ahead of the release of UK GDP growth data for the third quarter.
Cyldesdale and Yorkshire banks have launched a new current account paying 4% interest fixed until March 2015.
Nearly 90,000 current account switches have been successfully completed since new "seven day" switching rules were introduced last month.
More than 35,000 people have started the process of moving bank accounts since new switching rules came into force last week, according to The Payments Council.
Figures from the Financial Ombudsman reveal how Britain's banking giants are wrongly throwing out 70 % of complaints about so-called packaged accounts - which cost customers up to £300 a year.
From today, new rules will make it easier for you to switch current accounts.
Cashback sites are offering consumers planning to make use of the new current account switching rules further incentives.
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