Global banks’ losses from the Archegos Capital implosion soars past £7bn By Daily Mail City & Finance Reporter Published: 23:15 BST, 27 April 2021 | Updated: 23:15 BST, 27 April 2021 Archegos Capital sent ripples across the world last month when it hit the buffers Banks’ losses from the Archegos Capital hedge fund implosion have … Read more
Global banks’ losses from the Archegos Capital implosion soars past £7bn By Daily Mail City & Finance Reporter Published: 23:15 BST, 27 April 2021 | Updated: 23:15 BST, 27 April 2021 Archegos Capital sent ripples across the world last month when it hit the buffers Banks’ losses from the Archegos Capital hedge fund implosion have … Read more
Global banks’ losses from the Archegos Capital implosion soars past £7bn By Daily Mail City & Finance Reporter Published: 23:15 BST, 27 April 2021 | Updated: 23:15 BST, 27 April 2021 Archegos Capital sent ripples across the world last month when it hit the buffers Banks’ losses from the Archegos Capital hedge fund implosion have … Read more
Global banks’ losses from the Archegos Capital implosion soars past £7bn By Daily Mail City & Finance Reporter Published: 23:15 BST, 27 April 2021 | Updated: 23:15 BST, 27 April 2021 Archegos Capital sent ripples across the world last month when it hit the buffers Banks’ losses from the Archegos Capital hedge fund implosion have … Read more
The banks that grow trees as well as your savings: NS&I to launch new ‘green’ account this summer Oxbury Bank’s Forest Saver account funds woodland creation projects Gatehouse Bank has launched a range of Green Saver fixed-rate bonds and Isas Triodos Bank lends your money to environmental, cultural and social projects By Sylvia Morris For The … Read more
Markets addicted to inflationary monetary policy have central banks over a barrel, says ADRIAN LOWERY: So savers face negative real interest rates for years to come By Adrian Lowery for Thisismoney.co.uk Published: 07:47 BST, 16 April 2021 | Updated: 07:47 BST, 16 April 2021 Global markets have got central banks over a barrel. Both bond … Read more
Natalie Ceeney, the country’s leading authority on the damage done to communities when banks and cash machines close, says the Government and regulator have just ‘months left’ to introduce rules that will safeguard nationwide access to cash. Failure to act swiftly, she says, will leave hundreds of communities up and down the country facing an … Read more
Fears for small firms as banks prepare to claw back billions in Covid loans HSBC, NatWest, Barclays and Lloyds have begun sending letters to customers Banks are allocating hundreds of extra staff to spearhead the recovery efforts They have handed out more than £75bn to 1.6m firms under Government scheme By Helen Cahill and Emma … Read more
Don’t forget your new £20,000 Isa allowance: Looking beyond the big banks could boost returns eightfold The new tax year means a new allowance which can be spread across 4 accounts Savers can currently save £250,000 without paying tax on interest due to rates However rates could rise and Isas remain important for preserving your … Read more
MPs are demanding an investigation after it emerged leading High Street banks are refusing mortage applications for furloughed workers. The claims directly go against promises made by Chancellor Rishi Sunak that people using the governement support scheme would not be blacklisted by lenders. High Street banks including NatWest, Nationwide and Lloyds admit they reject mortgage and … Read more