Latest UK & Offshore Investment, International Finance and Savings News



Serious savers urged to act now to avoid losing out on future interest rate rises

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News - Banking
Written by Ray Clancy   
Wednesday, 05 May 2010 08:18
Notice accounts provide a good option for savers expecting rate rises in the coming months as the best can top one year fixed rate bonds, it is claimed.
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Banking giant Goldman Sachs urges clients to stay with them despite fraud charges

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News - Banking
Written by Ray Clancy   
Friday, 23 April 2010 09:15
One of the world’s most successful banks, US Goldman Sachs Group, is urging clients not to desert its business as it faces fraud charges over allegedly misleading sub prime mortgage products.
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Seven inside traders appear in UK court as high profile cases highlight watchdog crackdown on rogue investors

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News - Banking
Written by Ray Clancy   
Friday, 16 April 2010 12:15
Seven men charged with running an insider trading ring with information gleaned from the London printers of Swiss bank UBS and UK brokerage Cazenove have appeared in court for the first time.
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No change in bank rate leads to heightened expectations of more of the same post election

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News - Banking
Written by Ray Clancy   
Friday, 09 April 2010 08:15
The decision by the Bank of England’s Monetary Committee to keep the base rate on hold at a record low of 0.5% has come as no surprise and experts now expect rates to stay low for some time.
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Opportunistic and vulture funds no longer kings of the real estate investment market, experts claim

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News - Banking
Written by Ray Clancy   
Wednesday, 07 April 2010 08:38
Opportunistic funds are rapidly losing their status as kingpins of the distressed real estate market which could hurt their fundraising abilities in the next market cycle as banks get savvy with problem property debts, it is claimed.
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First every bank complaint figures published ahead of new rules as survey shows financial sector is amongst worst for customer service

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News - Banking
Written by Ray Clancy   
Monday, 26 April 2010 12:00
The Royal Bank of Scotland gets more than 1,600 complaints a day and along with its subsidiary NatWest it received 302,371 complaints in six months last year, according to the first such figures to be published.
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Misplaced optimism has led financial markets to regard UK recovery as normal, warns leading fund manager

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News - Banking
Written by Ray Clancy   
Thursday, 22 April 2010 12:00
The financial markets are wrong to believe there is a normal recovery underway in the UK and the commodity sector is showing classic signs of an investment bubble, it is clamed.
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Stolen Swiss bank data reveals far more accounts and customers than previously admitted, French prosecutor reveal

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News - Banking
Written by Ray Clancy   
Wednesday, 14 April 2010 08:38
Some 79,000 customers with 127,000 accounts have been identified from data stolen from a Swiss unit of HSBC bank, a far higher number than previously made public, according to a French prosecutor.
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Small personal loans can cost up to 130% more as banks hike charges for lower amounts

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News - Banking
Written by Ray Clancy   
Thursday, 08 April 2010 10:00
Borrowers looking for a personal loan of less than five thousand pounds could pay up to 130% more than they would have four years ago, it is claimed.
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Investors think UK private banks outperform investment manager, according to research reports

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News - Banking
Written by Ray Clancy   
Tuesday, 06 April 2010 08:14
UK private banks offering a full range of services outperform their investment manager counterparts in client satisfaction, according to new research.
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