Lloyds Bank profits nosedived in 2020 … but less than expected
LLOYDS Bank has announced a 70 percent slump in annual profits.
CEO Antonio Horta-Osorio said the pandemic had had a profound effect on the bank’s...
Fintech funding key to keeping SMEs strong after end of loans
ONE OF Europe’s largest business lenders says the fintech industry must be strengthened to support SMEs after the Bounce Back Loan scheme closes at...
Cybercrime is costing UK companies millions as hackers ramp-up attacks
Studies reveal worrying trends as platforms go out-of-date and cyber attacks increase. HAL WILLIAMS reports.
SMALL businesses in the UK are targeted by up to...
Delen Private Bank: Modern efficiency and a personal touch make a great combination
An independent Belgian wealth manager specialising in discretionary management and estate planning
ITS MISSION is to protect the wealth of its clients and to achieve...
Banks ramp-up tech recruitment following pandemic — retail banking ‘may disappear’
The advance of digital currency is one thing, but the swiftness by banks to incorporate tech roles is another
ANALYSTS predict online banking penetration in...
Latest UK government scheme adds ‘bounce’ for businesses
CHRISTINA NAWROCKI explains the most recent UK initiative to support small businesses left floundering by the pandemic
UK CHANCELLOR of the Exchequer Rishi Sunak recently...
China ‘set to launch’ trial of e-RMB digital currency
CHINA’S central bank has stepped up development of a digital currency likely to become the first to be operated by a major economy.
The sovereign...
Fresh EU coronavirus recovery package has detractors up north
EU HEADS have agreed to set up a €540bn post-pandemic recovery fund, tied to the EU’s seven-year budget.
European Council president Charles Michel, who chaired...
ECB launches new aid package to soothe effects of pandemic
By HAL WILLIAMS
THE EUROPEAN Central Bank has launched a €750bn emergency package to buy government and company debt across the eurozone.
The temporary purchasing scheme...
Yes Bank founder Kapoor arrested on charges of money laundering
THE head and founder of India's private Yes Bank, Rana Kapoor, has been arrested in Mumbai on charges of money laundering.
His arrest comes just...