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Tag Archives: banks

Banks agree to refund victims of complex frauds

Banks agree to refund victims of complex frauds where customers are tricked into transferring money to criminals after it was revealed the scam costs people £1million per day A coalition of banks have agreed to pay into a fund for victims out of pocket Scammers pose as bank staff or solicitors to steal around £1million a day Banks such as Barclays, HSBC, Lloyds ...

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Europe Financial ETF Banks on ECB Stimulus

European bank stocks and related ETFs jumped Friday after European Central Bank executive board member Benoit Coeure hinted that another round of cheap multi-year loans to banks could be in the works. The iShares MSCI Europe Financials ETF (NYSEArca: EUFN), which provides a targeted play on European financial companies, rose 2.3% Friday. Meanwhile, the broader Vanguard FTSE Europe ETF (NYSEArca: ...

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Banks scored on quality of service: latest results published

The measure was introduced by the Competition and Markets Authority (CMA) after it conducted a market investigation into the banking sector in 2016. The league table style results allow customers to clearly see how their bank compares on quality of service and helps to drive competition between banks to improve the quality of their offering to customers. Since August 2018, ...

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