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Lenders, brokers, academics and other property commentators are calling on regulators to allow the return of 100% mortgages, which were withdrawn after 2007-2009 banking crisis. Many believe that [...]
HSBC’s China fund management venture has been punished for misconduct related to IPO subscriptions, as part of a broad campaign by regulators against financial corruption. Nine funds from HSBC [...]
Bidco, a newly incorporated company jointly-owned and managed by Blackstone and CVC has reached an all-cash agreement to acquire online payments company Paysafe. The deal is expected to be [...]
Fiinu, a UK start-up building a ‘blockchain-friendly’ bank, has appointed Andy Briscoe, chair of The Money Advice Service, as chairman. It has also appointed Bank of England and Santander veteran [...]
Aviva and Founders Factory have announced the first five start-ups selected for its fintech programme and the launch of a new start-up to make social care easier. The five start-ups which will [...]
Billon Group, a UK- based blockchain start-up, has received €2m in new funding from Horizon 2020, a European Union research program. TenX, a Singapore-based start-up, has launched a Visa debit [...]
Virgin Money has reported that underlying profit before tax increased to £128.6m in H1 2017 compared to £101.8m in H1 2016, with retail deposit balances rising to £29.6bn, +5% on FY 2016 and [...]
Credit Suisse has introduced a four-step digital onboarding service for new clients offering a paperless, 15-minute sign-up process. The service is initially aimed at private individuals [...]
Atom Bank has launched a five-year fixed-rate for remortgagers at 1.59% (60% LTV, £900 fee). The deal comes with a free valuation and free legal work. The bank is also offering a two-year [...]
Atom Bank has launched a five-year fixed-rate for remortgagers at 1.59% (60% LTV, £900 fee). The deal comes with a free valuation and free legal work. The bank is also offering a two-year [...]