UK Banks Set to Reap Billions From Hedging Against Rising Interest Rates
The UK’s biggest banks stand to gain billions this year from hedging against rising rates. Structural hedges, the
2023-08-03 12:20
Biggest UK Banks Under Fire for Not Passing On Rate Rises
Banks including HSBC Holdings Plc, Barclays Plc and NatWest Group Plc have only passed through about a quarter
2023-07-31 23:47
Lloyds Braces for More Bad Loans as Mortgage Pressure Grows
Lloyds Banking Group Plc took higher bad loan charges that dragged its earnings below expectations in the second
2023-07-26 16:25
Largest UK Lenders Pass Latest Bank of England Stress Tests
The Bank of England said the UK’s eight largest lenders all passed its latest stress test, which examined
2023-07-12 14:55
UK Pension Funds Agree to Invest 5% of Assets in Startups
The UK government announced an agreement between nine of Britain’s largest pension providers to boost their investment in
2023-07-11 04:22
UK Tells Banks to Do More to Help Savers Access Best Rates
Banks must “accelerate” efforts to make it easier for customers to access their best savings rates, the latest
2023-07-07 02:26
Mastercard’s New AI Tool Helps Nine British Banks Tackle Scams
Mastercard Inc. is selling a new artificial intelligence-powered tool that helps banks more effectively spot if their customers
2023-07-06 07:27
UK Watchdog to Meet With Banks Over Rates for Savers, FT Says
The bosses of the biggest UK banks have been called to a meeting later this week with the
2023-07-04 14:17
UK Banks to Pass All of Rate Hikes to Some Savers, JPMorgan Says
British lenders will likely have to pass on all of the Bank of England’s record rate hikes to
2023-06-26 18:20
Jeremy Hunt, Banks Agree Repossession Pause to Slow UK Mortgage Pain
Chancellor of the Exchequer Jeremy Hunt and the UK’s largest lenders have agreed people should be given a
2023-06-23 20:50
UK Bank Stocks ‘Back in Danger Zone’ as Rates Climb, Says Exane
British lenders are facing a “pain game” as interest rate hikes hurt the outlook for both loans and
2023-06-21 17:25
UK Mortgage Rate Hits 6% for First Time This Year in Fresh Pain
The squeeze on finances for thousands of British homeowners is set to intensify after a key rate on
2023-06-19 16:22