All articles by Ellie Chambers
Ellie Chambers
UK government’s Help to Buy scheme is success, say RBS and Halifax
Two of the UK’s biggest banks said that they have received over 2,000 loan applications in a month under the coalition government’s Help to Buy scheme.
Former Deutsche Bank unit fined for ethnic discrimination in US
A former unit of Deutsche Bank has been slapped with a $12m fine for discriminating against black and Hispanic customers.
ING may exit state rescue early
ING has said it may cut state ties two years earlier than expected.
“Victory” over Barclays for Somali remittance service
A Somali money transfer service has won an injunction against the UK’s Barclays that prevents the bank from cutting off its remittance payments.
Danske Bank pulls the plug on Irish retail arm
Danske Bank is to pull out of its Irish retail operations to concentrate on its corporate customers, resulting in the loss of 150 jobs.
A fifth of UK’s seasonal spend fuelled by overdrafts and credit cards – HSBC
Just over a fifth of Britons are planning to finance Christmas through borrowing from their bank or on credit cards, up from 17.5% in 2012, according to a survey.
Japanese regulator turns spotlight on banks’ links with gangsters
The Japanese regulator is to investigate into whether the three largest banks, Mitsubishi UFJ, Sumitomo Mitsui, and Mizuho made loans to gangsters known as ‘yakuza’.
Country Survey: Canada
MasterCards Global Mobile Payments Readiness Index rated Canada second in terms of readiness for mobile payments, surpassed only by Singapore. Ellie Chambers visits Ontario and talks to some of the people shaping the payments industry there to find out just what sets the country apart in terms of mobile payments
Securities Exchange Commission proposes to allow sale of shares through crowdfunding
The Securities Exchange Commission (SEC) in the US has proposed new guidelines to allow companies to sell shares through crowdfunding websites.
Creditors seize control of Co-op Bank
Creditors, reportedly led by a pair of hedge funds, have wrested control of Co-op Bank from the UK’s Co-operative Group.