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Category: Banks

Banks’ motor finance redress could reach £18B, Britain’s City watchdog says
Banks

Banks’ motor finance redress could reach £18B, Britain’s City watchdog says

David BenjaminAugust 3, 2025

Lenders including HSBC, Lloyds and Santander could be on the hook for as much as £18 billion in consumer compensation…

ECB holds rates, waits for more clarity on US tariffs
Banks

ECB holds rates, waits for more clarity on US tariffs

David BenjaminJuly 24, 2025

FRANKFURT — The European Central Bank held its key deposit rate stable, as it waits for more clarity on the…

Uncertainty set to weigh heavy on ECB as EU-US trade war reignites  
Banks

Uncertainty set to weigh heavy on ECB as EU-US trade war reignites  

David BenjaminJuly 23, 2025

The European Central Bank is expected to pause its run of interest rate cuts on Thursday as faltering tariff negotiations…

Uncertainty set to weigh heavy on ECB as EU-US trade war reignites  
Banks

Uncertainty set to weigh heavy on ECB as EU-US trade war reignites  

David BenjaminJuly 18, 2025

The European Central Bank is expected to pause its run of interest rate cuts on Thursday as faltering tariff negotiations…

Has Bulgaria gamed its inflation numbers to qualify for the euro?
Banks

Has Bulgaria gamed its inflation numbers to qualify for the euro?

David BenjaminJune 20, 2025

SOFIA — Has Bulgaria slashed key state-controlled prices to massage down inflation numbers and help it qualify for euro membership?…

EU devises scheme to squeeze more profit from Russian frozen assets
Banks

EU devises scheme to squeeze more profit from Russian frozen assets

David BenjaminJune 20, 2025

BRUSSELS ― The European Union is looking to extract billions of extra euros from frozen Russian assets by moving them into…

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Russian TikTokkers ‘arrested for taking selfies outside oil depot inferno’

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