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Barclays urges students to take out contents insurance
With the start of the new academic year, Barclays has urged all students to ensure that they move quickly to arrange sufficient insurance for their possessions.
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BBA reports mortgage lending up, but unsecured lending down
Latest figures from the British Bankers' Association relating to the performance of what it describes as the "major British banking groups" have revealed that home loan sterling lending has increased but unsecured personal lending fell again in August.
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Hong Leong Bank launches new platinum card
In a bid to enhance its offerings for high value customers, Malaysia-headquartered Hong Leong Bank has introduced a new platinum credit card that offers up to 2% cash rebate on card spend.
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PrePay gets MasterCard chip and PIN OK
London, UK-based PrePay Technologies has been granted certification from MasterCard to issue chip and PIN cards to supplement its existing magnetic stripe card processing capabilities.
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UK Post Office calls for honesty from PPI sellers
UK postal service incumbent Royal Mail has issued an invitation to the purveyors of the much maligned payment protection insurance to strive for honestly in their business dealings, the Daily Mail has reported.
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Danversbank uses Fiserv technology for electronic check deposits
Fiserv is providing Danversbank with its merchant capture services, enabling the Massachusetts-based bank to offer its commercial banking customers a way to electronically capture and deposit checks without leaving their place of business.
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Bank of America to launch Chinese credit card
Financial services giant Bank of America is to release a credit card in China along with its collaborator, China Construction Bank.
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Bank of Baroda planning foray into life insurance
India's Bank of Baroda has announced plans to branch out into life insurance through a proposed joint venture.
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Bank of Ireland restructures asset management division
Bank of Ireland has combined its wholesale financial services and asset management services divisions to form an integrated capital markets division.
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Chase Bank launches new Freedom card
Chase Bank USA, a division of JPMorgan Chase & Co, has unveiled Chase Freedom, a new credit card which the bank says gives cardholders ultimate control over their rewards options.
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Credit Suisse takes private banking offerings to Moscow
In a move that makes the company one of the first international banks to offer onshore private banking services in Russia, Credit Suisse has begun offering its services in Moscow.
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Financial services sector most at risk from growing identity theft blight
According to new research from insurance provider Royal & SunAlliance and the Centre for Economics and Business Research, the UK banking and insurance sectors are among the most targeted by the growing scourge of corporate identity fraud.
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FSA boss calls on pension firms to do better
Sir Callum McCarthy, chairman of the UK Financial Services Authority, has labeled UK pensions and savings providers as failures regarding their efforts to attract customers to their products, and challenged them to improve their performance.
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IPOD generation face bleak financial future
The so-called 'IPOD generation' in the UK is facing a bleak first couple of decades as adults because of dramatically increased student debt and a growing welfare state burden.
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Mellon secures Standard Chartered mandate
Mellon Financial Corporation's Dublin-based asset servicing business has been appointed to service Standard Chartered Bank's Dublin-domiciled money market fund - Standard Chartered Bank Global Liquidity Fund.
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