FINANCE & BANKING

Hargreaves Lansdown's Susannah Streeter has spoken on UBS's $3.23 billion purchase of Credit Suisse with the latter having been saved by its domestic rival.

After Silicon Valley Bank collapsed, the failure of regulatory action to stop declines in bank stocks prompted alarm on both sides of the Atlantic.

Statistics from XTB group suggest the percentage of women interested in financial markets has increased from 16 per cent in 2022, with women working in the financial sector contributing £1.12 trillion to the UK economy.

"With the SVB collapse, companies must understand they can take steps to protect their assets from failing banks by diversifying their banking relationships and conducting due diligence on their banking partners."

Declining cash usage fuels current Bank of England and HM Treasury consultation on a new 'digital pound' before the end of this decade.

Fraud reports increased by 6.5 per cent year-on-year overall, with online shopping and auctions fraud seeing the biggest increase.

United Kingdom inflation eased to 10.1% in January 2023 and eased the pressure on the Bank of England. Many retailers, however, need to maintain higher product prices.

New IRIS Software Group industry analysis reveals businesses must be vigilant when choosing their accountancy firm in 2023.

Investing in LEGO is more lucrative than wine, art and gold a study suggests. So, how can you take advantage of this?

There were 55 lucky winners of £1750 each for matching 5 main numbers.

At present, the winner's whereabouts are still unknown as the winning lottery ticket was bought online.

This offer is limited to one payment per customer and the money will be credited within 28 days.

A sex party start-up company valued at £11.5 million gets funding from UK government's Future Fund campaign

Do you have a lot of debt? Whenever you're bombarded with too much debt, it may seem like you'll never reach your financial goals.

The world is rapidly transitioning to a digital global economy. Here's how investors can cash in on the cashless trend in 2019.

Millennials are doing a decent job of not overspending and saving some of their income

Is the world "sleepwalking" into the next global financial crisis?

Russia and its oligarchs are not alone in their kleptomaniac, money-laundering endeavours.

Open Banking or PSD2 will enable third parties outside the traditional banking world to access customer data

More than 2000 bank branches have closed in the UK since 2015.

With budgets under pressure, investment banks and asset managers are now asking whether better surveillance controls are possible through more efficient means.

PSD2 should be seen as an opportunity for banks to redefine the customer experience.

It is arguable that Amazon has more active customers than Citi, Bank of America and JP Morgan combined.

Lindsay Hooper, executive director, education, University of Cambridge Institute for Sustainability Leadership, sees social value as the future benchmark for performance.

British negotiators are reportedly preparing to push for the kind of Brexit favoured by the UK's financial services sector, despite Brussels having already rebuffed such a plan.

Ministers have been criticised for the continued delay of a position paper on the future of UK's financial services sector after Brexit.

Deadly cladding will not be removed from a privately owned Croydon complex until costs paid by residents or government.

Liz Field, chief executive of investment management lobby group, tells IBTimes UK the British capital is where the "world's business happens."

Surcharging has cost small businesses £10bn in shopper walkouts with a ban expected in January.