banking

Beware of financial products described as ‘innovative’ or frictionless

3 May 2019 13:15

Over the last few years a steady stream of new financial firms have launched products and services meant to make…

Why Greek, Italian and Cypriot banks can go to the wall, but German ones can’t

19 March 2019 9:58

It would only encourage irresponsible lending. Deficits would run out of control. The rules of the single currency would be…

Will the rise of veganism turn us into a nation of current account switchers?

4 February 2019 11:59

We’re meant to be a nation of pioneers. Back in the seventeenth century we set sail in search of exotic…

RBS are doling out £775 million to their competitors. This is a genius move

9 January 2019 16:44

The European Commission likes playing hard ball. Back in 2009 it decided that a bloated RBS had to sell off…

Let’s hope RBS emerges as something worth owning shares in

7 June 2018 19:05

At last the government has restarted the process of selling its stake in Royal Bank of Scotland. A first £2…

Closing many of the UK’s free ATMs would be a huge blow to rural communities

1 November 2017 17:09

A few weeks ago, Mike Fotis wrote of the depressing future of UK banking for those living in rural areas,…

If you’re old or live in a rural community, the future of banking looks bleak

20 September 2017 13:14

It won’t shock you to read that bank branches are closing. They’re expensive to run, and fewer customers are using…

Should we thank Brexit for ‘borderless banking’?

5 June 2017 12:43

From Brexit and Grexit to Trump and Scottish (near) independence, the way we think about our place in the world…

Italy’s own banking crisis may be about to begin

17 December 2016 8:59

Theresa May was not the only elephant in the room at Thursday’s European Union summit in Brussels, and EU leaders…

Challenger banks are failing to deliver better banking

7 December 2016 12:10

Just over a year ago I believed that new challenger banks were on the edge of glory, about to kick…

Banks are doing too little, too late to combat online fraud

6 December 2016 12:32

If the movie Bonnie and Clyde with Warren Beatty and Faye Dunaway is on TV again this Christmas, it might…

Are we ready for app-only bank accounts? A growing number of firms think so

27 October 2016 11:25

Bank staff might no longer recognise your face when you walk into a branch – but a banking app might.…

Want a bank rescued? Don’t ask a German

30 September 2016 10:10

Make a car? Sure. Win a Word Cup? Yup. Write a symphony? Without doubt. There are lots of things that…

Banking’s bonus madness is even worse than I thought

27 August 2016 9:00

Among lively responses to my recent item on executive pay and the possibility of using state-owned RBS as an experiment…

It’s time to switch your bank

24 June 2016 11:48

We all know that we should be switching financial products for a better deal, potentially saving ourselves thousands of pounds…

Does Paul Mason really want the next century to imitate Renaissance Florence?

13 April 2016 11:22

‘Amid the cobbled passageways and tumbling tenements of the Italian city of Perugia, it’s possible to daydream you are in…

To be upfront about Labour's plans for borrowing, Ed Balls would have to make a complex argument about 'good' and 'bad' borrowing. Picture: Getty

What Ed Balls told the bankers

22 June 2014 11:15

Ed Balls knows how to talk to bankers. Having been Gordon Brown’s right hand man and City Minister under the…

Five things you need to know about the Myners Co-op report

7 May 2014 18:15

The Myners Report into the Co-operative Group (pdf) has been published today, and it doesn’t make for pleasant reading. Following…

Last rites for the Co-op Bank? As group announces record losses

17 April 2014 9:15

‘Care, respect, clarity and reassurance’ are what the Co-operative funeral service says it offers the bereaved, and the parent Co-op…

Mark Carney on his first day as Governor of the Bank of England. Picture: Getty

Miliband’s big speech challenge isn’t Mark Carney

17 January 2014 10:45

Even though Labour is quite clearly rather peeved by George Osborne’s minimum wage announcement, it is, in one way, a…