U.K. banks

Masthaven Gets £60M Equity Investment From Värde Partners
Masthaven Gets £60M Equity Investment From Värde Partners
April 24, 2019  |  Investments

Masthaven, the U.K. specialist bank, and Värde Partners, a global alternative investment firm, announced Wednesday (April 24) the completion of the strategic £60 million equity...

READ MORE >
Controversy Hits RBS’ $1B Fund To Boost Bank Competition
Controversy Hits RBS’ $1B Fund To Boost Bank Competition
February 21, 2019  |  B2B Payments

The U.K. government’s mandate that the Royal Bank of Scotland (RBS) allocate about $1 billion for a fund intended to give a financial boost to...

READ MORE >
UK Banks Make $3.03B In 2017 Overdraft Fees
UK Banks Make $3.03B In 2017 Overdraft Fees
December 18, 2018  |  Regulation

The Financial Conduct Authority (FCA) announced Tuesday (Dec. 18) that U.K. banks made more than $3.03 billion from charging overdraft fees last year. According to...

READ MORE >
HSBC, Standard Chartered Misled By Huawei
HSBC, Standard Chartered Misled By Huawei
December 10, 2018  |  Regulation

HSBC Holdings and Standard Chartered, the two U.K. banks, have been embroiled in the Huawei Technologies scandal in which Canada arrested the company’s Chief Financial...

READ MORE >
Small Biz Complaints Get UK Bank Support
Small Biz Complaints Get UK Bank Support
November 30, 2018  |  Regulation

Financial Times reports that a number of banks in the U.K. have agreed to give smaller firms more power when it comes to complaints about...

READ MORE >
Banks Prep For Brexit-Induced Corporate Loan Defaults
Banks Prep For Brexit-Induced Corporate Loan Defaults
November 28, 2018  |  B2B Payments

U.K. banks are looking to prepare business clients ahead of Brexit in anticipation for tightened access to financing, Reuters reported on Tuesday (Nov. 27). Reports...

READ MORE >
UK Retail Banks Draft FinTech Alliance Guidelines
UK Retail Banks Draft FinTech Alliance Guidelines
November 08, 2018  |  Banking

Top U.K. banks and financial technology firms have worked together to create a set of guidelines to improve the relationship between FinTech startups and financial...

READ MORE >
EU Businesses Ready For Major Money Moves Ahead Of Brexit
EU Businesses Ready For Major Money Moves Ahead Of Brexit
October 17, 2018  |  B2B Payments

European Union (EU)-based businesses that have obtained financial instruments from U.K. banks may be forced to move those derivatives in preparation for Brexit, in what...

READ MORE >
Survey Shows EU Treasurers Find PSD2 Irrelevant
Survey Shows EU Treasurers Find PSD2 Irrelevant
October 02, 2018  |  B2B Payments

The European Union’s (EU’s) updated Payment Services Directive (PSD2) and Open Banking regulations have been hailed as having widespread impacts on the region’s financial services...

READ MORE >