The FCA has over-reached on a number of occasions and has then had to backtrack.
Regulatory efforts in the UK and Europe to encourage diversity and access to cash could have an impact on institutions’ operating models.
Vacancies are driven by growing demand for environmental consultants, data compliance experts and diversity specialists.
As the OBIE seeks to widen the initiative to include ‘open finance’, it is important to consider the dangers and drawbacks.
Well-capitalised UK banks not only weathered the Covid-19 pandemic, but also helped the government support other businesses during it. However, other challenges, such as Brexit, remain.
The 'hub model', which allows five banks to share one premises, is an example of how branch networks are evolving.
The success of fintech Wise’s direct listing in the UK in July makes it certain that other companies will follow suit.
Banks are facing a hangover: after being told to lend money quickly during the Covid-19 pandemic, they now face the challenge of recovering it.
Critics argue that a cap on bankers’ bonuses is ineffective and outdated, but the issue remains controversial.
Banks should take sympathetic and positive approach when considering an SME client’s financial position.
UK regulators are developing diversity policies and planning to roll them out in a way that will affect every corner of every bank.
Bank profitability forecast to improve in the near term on the back of a decline in provisions after a pandemic-related spike in 2020.
Recent legislation signals the US government’s determination to root out financial crime, regardless of where it may originate.
The US investment bank is looking to bar non-vaccinated staff from its New York offices, allowing it to remove remaining restrictions.
A UK high court decision means that if a bank wants to bind customers into a compensation scheme, it needs to consider what is a ‘fair level’ of compensation.
Demand for digital-only services has flourished, but many people still prefer to pay their salaries into an incumbent high street bank.
IT and compliance roles are in demand, as banks digitalise operations and grapple with the post-Brexit regulatory landscape.
How investors, big brands and the government can improve British fashion.
The broad definition of ‘involvement’ in corruption should give banks pause for thought.
Only 20% of respondents to an EQ Credit Services survey are willing to borrow from an alternative lender in 2020, down from 62% in 2019.