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June 8, 2015 
Daniel Lee Million switch bank accounts – The good and the bad With the new introduction of a fast-track bank account switching service, allowing customers to switch bank accounts within 7 days, one million have taken advantage of the service and changed banks. Whilst this is good news on the face of things, could the banks be […]
September 24, 2014 Daniel Lee Barclays Could Face Extra £1.2bn in Fines Earlier in the year, we did a piece on Barclays mis-leading their customers and giving an unfair edge to high speed traders and how a lawsuit resulted in a fall in the bank’s “dark pool trading” venue of 79%. It’s come to light that they could be facing […]
September 24, 2014 Daniel Lee Top World Banks Risk Big Fines You should be well aware by now that the banks in this country are consistently finding that they’re being fined for one thing or another. Recently, the majority of the fines have been for Payment Protection Insurance (PPI). That isn’t saying that all of the bank fines have been […]
September 23, 2014 Daniel Lee RBS Gets Ready for Citizens Float You may remember earlier this year, in June Lloyds floated the TSB side of the bank and thus became known as just Lloyds instead of Lloyds TSB. This equated to the bank selling 38.5% of the group at a cost of 260 pence (£2.60) per share. Well, Royal Bank […]
October 23, 2014 Daniel Lee HSBC PPI Claims – The Story HSBC, formally known as The Hong Kong and Shanghai Banking Corporation, was founded on March 3rd in 1865 by a Scotsman called Sir Thomas Sutherland in the British Colony of Hong Kong. It relocated it’s headquarters from Hong Kong to London in 1993 during the period that Hong Kong’s […]
September 22, 2014 Daniel Lee HSBC Pay $550m for Mis-Selling Mortgages HSBC Holdings are set to pay $550m (£335m) in order to resolve a US regulators claim made against them. It is stated that the British bank has made a number of false representations in the sale of mortgage bonds to the federal mortgage companies Fannie Mae and Freddie Mac […]
