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Tag: Bank

‘DON’T invest in Bitcoin’ warns Indian central bank despite surge in cryptocurrency value

Posted: December 8, 2017 at 9:22 pm   /   Business

INDIA’s central bank has warned investors not to place money on Bitcoin, despite the currency surging nearly 50 per cent in value over the past five days. Daily Express :: Finance Feed

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Bitcoin hits new $14,000 record high as Queen’s bank reveal she will NOT invest in it

Posted: December 6, 2017 at 9:23 pm   /   Business

BITCOIN has been branded a “joke” with the Queen’s bank vowing to steer clear of the cryptocurrency despite it hitting another record high. Daily Express :: Finance Feed

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Children are going cashless: Parents giving pocket money out via online bank transfers

Posted: December 2, 2017 at 9:24 pm   /   Business

POCKET money is going cashless, as parents are ditching notes and coins in favour of digital systems to give their children allowances, according to payments technology group VocaLink. Daily Express :: Finance Feed

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Royal Bank of Scotland to close 62 branches and axe 700 jobs in shake-up

Posted: December 2, 2017 at 9:23 am   /   Business

ROYAL Bank of Scotland is to close a quarter of its branch network and axe nearly 700 jobs in a move that unions claim could signal the end of face-to-face banking. Daily Express :: Finance Feed

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UK tech industry SNUBBED by EU fund but RESCUED by the British Business Bank

Posted: December 1, 2017 at 9:22 am   /   Business

THE British Business Bank has been forced to step in to financially assist a new technology fund after the European Union’s investment agency announced it will not be supporting following the Brexit vote. Daily Express :: Finance Feed

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EU bank unveils plans allowing lender to KEEP customers’ cash in future crisis

Posted: November 14, 2017 at 9:24 am   /   Business

THE European Central Bank has outlined plans to freeze cash deposits of customers at failing banks in order to halt collapses. Daily Express :: Finance Feed

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Mortgage rates HIKED by High st banks within minutes of Bank of England interest rate rise

Posted: November 2, 2017 at 10:22 pm   /   Business

HIGH street lenders have reacted almost instantly to the Bank of England’s interest rate rise by hiking variable mortgages. Daily Express :: Finance Feed

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Royal Bank of Scotland boss Ross McEwan has a tough job ahead, says GEOFF HO

Posted: October 28, 2017 at 10:22 pm   /   Business

ROYAL Bank of Scotland chief executive Ross McEwan once remarked that he knew what he was in for when he took on the “toughest banking job in world”, but surely he could not have foreseen just how tough it would be. Daily Express :: Finance Feed

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Merkel faces CARNAGE: Deutsche Bank CRISIS as revenues SINK with NO IDEA of recovery time

Posted: October 26, 2017 at 10:23 am   /   Business

DEUTSCHE Bank stocks tumbled today after it reported a 10 per cent drop in revenue, with bosses clueless as to when results will improve. Daily Express :: Finance Feed

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Spain’s economic pain: Catalonia bank issues MAJOR warning as country tops EU deficit list

Posted: October 24, 2017 at 10:16 am   /   Entertainment

SPAIN had the highest budget deficit in the EU last year, according to new statistics, while the ongoing Catalonia crisis threatens to plunge the Spanish economy into further uncertainty. Daily Express :: News Feed

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