US-based P2P Prosper back up and running
Nine months after being hit by a government-imposed suspension of service pending registration with the Securities and Exchange Commission, US…
ByMonth: July 2009
UK deposit auctions competition hots up
The recent growth in the popularity of websites running live auctions where banks compete to provide the best rates of…
ByUK intensifies banking reform agenda
The UK Treasury has published a consultation document, Reforming Financial Markets, dealing with a wide range of subjects including consumer…
ByNational Australia Bank in free ATM joint venture
National Australia Bank (NAB) and Cuscal have entered into an agreement to create an ATM network of more than 3,100…
ByCiti’s Egg reintroduces credit card fees in the UK
Within less than a week of the UK government announcing plans to clamp down on the credit card industry, Citigroups…
ByNigeria’s First Bank sees earnings fall by 66%
Nigerias largest lender, First Bank of Nigeria (FBN), has posted net earnings for the 12 months to 31 March down…
SBI expansion drive gathers pace
Indias largest banking group, State Bank of India (SBI), fresh from its biggest expansion drive in a single day (it…
ByLloyds TSB, Monitise launch text updates
Lloyds TSB, the UK bank which merged with HBOS last year to form Lloyds Banking Group, has launched text message…
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