Source: fca.org.uk
The U.K. government is broadening the ability of small businesses (SMBs) to lodge complaints against their banks, according to Financial Times reports Tuesday (Oct. 16)....
Britain’s financial regulator has sent a warning to payday lenders after rising complaints following the collapse of Wonga. According to Reuters, the Financial Conduct Authority...
A court hearing late last week gave the all-clear for CYBG to complete its acquisition of Virgin Money for $2.24 billion, finalizing one of the...
The Royal Bank of Scotland‘s (RBS’) chief executive is calling on U.K. regulators to introduce stricter small business (SMB) lending regulations, claiming that lax regulatory...
Tesco Bank agreed on Monday (Oct. 1) to pay £16.4m in a settlement with the Financial Conduct Authority (FCA) due to a cyberattack at the lender...
Following a complaint from Citizens Advice, Britain’s competition regulator might investigate financial service and telecom companies. The group had contended that consumers were being “ripped...
The fallout over the Royal Bank of Scotland’s mistreatment of some small business customers continues, with a new investigation launching after the U.K. Financial Conduct...
Wonga, the U.K.-based payday lender, has halted accepting new loan applications. The Guardian, citing the company, reported that a statement on Wonga’s Website said: “While...
Amid the volatility of cryptos, and across the pond, warnings of scams abound. As noted by financial publications and sites such as Crypotovest, in the...