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Thousands of customers take issue with accounts that have been frozen or closed and more cases have been upheld
A deal would see the private-equity controlled lender eventually return to mutual ownership
Campaigners say debanking and financial exclusion increases vulnerability to criminals and traffickers
SoftBank-backed fintech aims to offer current accounts to existing customers by end of 2024
Financial Conduct Authority says it will use ‘regulatory tools to intervene’ if lenders are not prepared for hit
Lender ‘having to say goodbye’ to employees as part of effort to ‘move at greater pace’
UK-based lender to sell business to Grupo Financiero Galicia for $550mn as it exits market racked with hyperinflation
Stocks have risen as lenders promised €120bn of dividends and buybacks this year
Move by new chief Paul Thwaite comes day after UK government announced reduced stake in bank
State’s stake in British high street bank bailed out in financial crisis has now fallen below 30%
Building society has hurdles to overcome to make £2.9bn acquisition pay off
Companies confirm details outlined this month to form challenger to UK’s biggest banks
BNP Paribas and Deutsche Bank reduce bonus pool but industry expects upswing in activity this year
FTSE 250 merchant bank takes ‘prudent’ measures to strengthen its balance sheet amid FCA review
Bid for Virgin Money comes as Labour seeks to double the size of the co-operative and mutual financial services sector
‘Suspended accounts scheme’ would allow trapped cash to be transferred, but liabilities would remain with lenders
The potential merger is not a risk-free proposition
Simon Cooper, once tipped as the next chief executive, departs as bank seeks to boost ailing share price
Raman Bhatia to take up helm in summer following exit of Anne Boden last year
Ministers want to maximise financial institutions’ chances of halting criminal transactions
City stalwart Sir Robin Budenberg spends $455,000 on its shares immediately after lender’s results
Proposed deal would create group with total assets of £366bn
Given sector consolidation was a virtual certainty and Virgin a decent prize, its board could have driven a harder bargain
Charity Commission chief says not-for-profit groups struggling with account closures amid severe pressures on sector
UK regulator to take action after lobby group files ‘super-complaint’ over lenders’ requirements
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