A record 2.4m individuals contacted the Fiscal Ombudsman in the previous yr to complain about economic offers, equating to 8,000 per day More then two million people contacted the Economic Ombudsman final year to complain about banking institutions, insurers, investment businesses or other regulated companies. These initial contacts then…
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As Barclays and NatWest start to close some of their branches, Harry Wallop visits Highcliffe in Dorset to locate out what transpires when a town is left with no bank Photo: Heathcliffe O’Malley Leonard Hammond, 86, impeccable in his tweed jacket and stripy tie, does not mince his phrases….
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Money machine technologies that reads the pattern of finger veins is already accessible in Japan and Poland Photograph: ALAMY Cash machines could quickly be set up with products that identify buyers by studying the veins in their fingers. The technological innovation is presently being rolled out in Poland, exactly…
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Far more of us have been switching to a new bank this year. But which a single ought to you select? Photograph: ALAMY Far more disaffected existing account clients are choosing Santander as a new house for day-to-day banking than any other supplier, analysis suggests. The data points to…
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The quantity of traders have fallen to the lowest figure since the US government began tracking in 1990, calling into query the resilience of the financial solutions industry A dramatic decline has been recorded in the amount of New York traders, which have fallen an all time reduced since information…
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Only £18 in every single £100 invested is in funds, a research suggests Photograph: ALAMY Plastic and automated payments are now the most common approach of payment by each volume and size of transactions, according to recent account information published by Halifax. Debit cards are the most well-liked strategy…
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The bank could see consumer exodus worsen when it increases present account charges for a lot of this summer time Troubled Co-op Bank is to boost the charges on some of its present accounts by 20pc this summer time. The financial institution, which announced a £1.3bn loss earlier this…
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Former Assistant US Lawyer Douglas Burns discusses possible criminal fees against Credit Suisse and BNP Paribas as US and state prosecutors seek out to resolve probes of significant banking institutions Credit score Suisse Group AG and BNP Paribas SA are at risk of getting criminally charged by US and state…
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As in other types of loans, in unsecured personal loans too, there are a few positive as well as negative aspects. These things are certainly to be considered by the borrower. In this loan, there is no need for any collateral and, therefore, the fear of losing the collateral is…
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You have a car which was brought from loan amount. Now you would like to dispose of it. You still have installments to make, to clear he loan. So, you don’t have the necessary documents to sell the car. The situation is quite perplexing, and you are unable to think…
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