News

Spanish bank says it has no "current plans "to float its UK arm

Santander denies NAB branch talks

Santander has denied that it is in talks over buying some 300 branches of Clydesdale and Yorkshire Bank from their current owner National Australia Bank.

The Business Matrix: Monday 21 January 2013

Tesco opens fifth online 'dark store'

Santander eyes a double bank buy with £2bn tag

Santander is considering a £2bn acquisition of Clydesdale and Yorkshire banks as part of plans to ramp up its UK presence.

Money woes 'put students off uni'

Money worries are leading students to defer or drop their higher education plans, according to findings of an annual student survey.

HMV has entered administration

Chief executive says 'HMV still has a place on the high street' as customers are told that their gift vouchers are worthless

Thousands of Christmas gifts have become worthless overnight

Money Insider: Remortgage demand to keep rising this year

Mortgage business has picked up slightly this year compared with the low level of transactions witnessed in 2011, and during 2013 I expect to see this number edge higher still.

Santander to absorb subsidiary Banesto

Spain's largest bank, Santander, is taking full ownership of its 90 per cent-owned subsidiary Banesto, the latest move in a round of consolidation among the country's lenders.

Christmas tree fires and social media major risks to home security

One in six homes will be empty over Christmas and New Year

Staff 'pressured to put sales before service'

Mis-selling scandals have failed to stop banks pressurising their staff into pushing products which may be unsuitable, Which? claims.

Slow start to loan scheme as banks snub cheap funds

The Government's flagship Funding for Lending Scheme (FLS), designed to boost the sickly economy, has got off to an underwhelming start.

Slow start to loan scheme as banks snub cheap funds

The Government's flagship Funding for Lending Scheme, designed to boost the sickly economy, has got off to an underwhelming start.

Slow start to Funding for Lending Scheme as banks snub cheap funds

The Government’s flagship Funding for Lending Scheme, designed to boost the sickly economy, has got off to an underwhelming start.

RBS to shut down Indian operation after deal to sell it to HSBC collapses

Taxpayer-controlled Royal Bank of Scotland is to wind down its operations in India after a deal to sell the business to HSBC struck two years ago collapsed.

Two more lenders stop interest-only mortgages

NatWest became the latest major lender to stop offering interest- only mortgages this week, and was swiftly followed by the Coventry Building Society.

Nationwide interested in buying RBS branches

Nationwide, Britain's biggest customer-owned financial services group, is interested in bidding for 316 branches being sold by Royal Bank of Scotland to speed up its expansion into lending to small and medium-sized businesses.

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