Money > Banking

China's grip on Hong Kong eroding its status as financial hub, investors believe

5 minutes ago   |   The Guardian

Money has already started leaving Hong Kong, with US$5bn quitting the territory last year, according to Bank of England figures The Chinese government's increasingly tight grip...
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Money Heist: Helsinki star exposes hidden Arturo detail fans missed 'Couldn't believe it'

Money Heist: Helsinki star exposes hidden Arturo detail fans missed 'Couldn't believe it'

3 hours ago   |   Daily Express

MONEY HEIST fans know a lot of care goes into every detail of the Netflix series but there's probably one many fans missed when they watched the show. Fans will remember Arturo...
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Bounce Back loans have provided a lifeline for a million small firms

Bounce Back loans have provided a lifeline for a million small firms

9 hours ago   |   Daily Mail

Banks have now handed £30.4bn to 1.01m small firms. The loans make up the vast majority of lending under the Government's emergency coronavirus schemes, which now totals £45.4bn.
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Whitbread chief Alison Brittain rebuffs Lloyds job speculation

Whitbread chief Alison Brittain rebuffs Lloyds job speculation

9 hours ago   |   Daily Mail

Brittain insisted she had her 'hands full' with her current job. She has been at Premier Inn owner Whitbread for five years having previously been director of retail banking at...
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Andrew Bailey delays rare meeting with Tory MPs amid questions over the Bank's independence 

Andrew Bailey delays rare meeting with Tory MPs amid questions over the Bank's independence 

9 hours ago   |   Daily Mail

Bailey was due to the address the 1922 Committee today hours after Chancellor Rishi Sunak lays out the Government's plans to repair the economy.
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The 5 tech improvements banks and other financial institutions will need to maintain AML compliance

10 hours ago   |   DXC

Banks have been focused on identifying and preventing money laundering and terrorist financing for about two decades, using both manpower and technology. While banks have...
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ALEX BRUMMER: Bank of England boss Andrew Bailey in the line of fire

ALEX BRUMMER: Bank of England boss Andrew Bailey in the line of fire

10 hours ago   |   Daily Mail

Those who doubted Andrew Bailey was the right person to be Governor of the Bank of England cannot but have been impressed by his smart response to the Covid-19 emergency.
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Dismal returns on cash Isas mean ordinary savings accounts earn more

Dismal returns on cash Isas mean ordinary savings accounts earn more

10 hours ago   |   Daily Mail

The amount of money deposited into the tax-free accounts has dropped for three months in a row, according to Bank of England figures. Savers withdrew £366m between March and May.
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'Not just a COVID-19 related problem': Here's why a top Wall Street bank thinks Amazon is a 'structural' threat to Google's key ad business

12 hours ago   |   Business Insider

Investment bank Needham has lowered its Google Q2 revenue estimate to down 7% year-over-year, a downgrade from the 5% they previously predicted. "Our sources suggest that...
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Banks lend £31 billion in "bounce back" loans

21 hours ago   |   Evening Standard

THE scale of the effort by City banks to funnel money to struggling firms was laid bare today by government statistics showing that more than 1 million "bounce back" loans have...
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Human rights abusers can ‘no longer spend their blood money in the UK'

Human rights abusers can ‘no longer spend their blood money in the UK'

Foreign Secretary Dominic Raab Perpetrators of the ‘very worst human rights abuses' will face asset freezes and travel bans in the UK. Foreign Secretary Dominic Raab has... Read more ...

Proposed stamp duty cut could freeze the housing market, experts warn

Proposed stamp duty cut could freeze the housing market, experts warn

Chancellor Rishi Sunak is reported to be considering plans to wipe out stamp duty paid on homes bought for less than £500,000 to help boost the economy. Read more ...

Here's how much more you'll save in a high-yield savings account versus a...

Here's how much more you'll save in a high-yield savings account versus a checking account

If you're saving money over a long period of time, you probably want to use a high-yield savings account rather than a checking account. High-yield savings accounts pay out a... Read more ...

The Government's £1.57bn For The Arts Could Still See Creatives Forced Out

The Government's £1.57bn For The Arts Could Still See Creatives Forced Out

The government's announcement of a £1.57bn support package for the arts and culture sector has been enthusiastically welcomed by theatres, music venues and galleries alike. But... Read more ...

Pierre-Emerick Aubameyang must only sign new contract if Arsenal spend big...

Pierre-Emerick Aubameyang must only sign new contract if Arsenal spend big money, says Sol Campbell

Sol Campbell says Pierre-Emerick Aubameyang must be reassured that Arsenal boss Mikel Arteta will make new signings this summer despite the financial hit of the coronavirus crisis. Read more ...

Jorge Masvidal ‘extremely happy' with money on offer for Kamaru Usman fight...

Jorge Masvidal ‘extremely happy' with money on offer for Kamaru Usman fight at UFC 251

Jorge Masvidal will fight for the UFC welterweight title this weekend Jorge Masvidal has stepped in at the last minute to fight Kamaru Usman at UFC 251 this weekend and the... Read more ...

If The Government Is Serious About 'Building Back Better', Rishi Sunak Must...

If The Government Is Serious About 'Building Back Better', Rishi Sunak Must Invest In Care

“Build back better,” said Prime Minister Boris Johnson in last Tuesday's speech, as he made bold claims of a New Deal to “build, build, build” to stimulate the economy and... Read more ...

Money Heist: Helsinki star exposes hidden Arturo detail fans missed...

Money Heist: Helsinki star exposes hidden Arturo detail fans missed 'Couldn't believe it'

MONEY HEIST fans know a lot of care goes into every detail of the Netflix series but there's probably one many fans missed when they watched the show. Fans will remember Arturo... Read more ...

The Reject Shop gives Kmart a run for its money with VERY chic new homewares...

The Reject Shop gives Kmart a run for its money with VERY chic new homewares range

Australian discount chain The Reject Shop has been quietly offering interior enthusiasts a chic homewares range with remarkably affordable price tags that rivals Kmart. Read more ...

Boohoo slavery scandal costs founders £335m as shares crash 33%

Boohoo slavery scandal costs founders £335m as shares crash 33%

Bohoo founder Mahmud Kamani has seen £1.6bn wiped off the value of the company, he and co-founder Carol Kane set up in 2006. Together the pair hold an 18.6 per cent stake. Read more ...