Banks

Current account customers of six major banks will be able to download a year's worth of data into a single format from today, which it's hoped will then be used to make comparing bank accounts easier.

Spain's Banco de Sabadell has reached an agreement to take over British bank TSB it's been announced today, but its "business as usual" for TSB customers.

A financial health minister should be appointed to help ensure everyone has access to basic facilities such as banking, affordable credit and is encouraged to save, a report argues.

Suppose I offer you a bet on the toss of a (non-rigged) coin. If you win you get £100, if I win you give me £1. Would you take the bet? Of course you would.

More than 90% of First Direct's current account customers rate its service as 'great', so it's little wonder it has yet again secured the top spot in our biannual banking poll.

The Financial Conduct Authority (FCA) has today launched a challenge to the industry to ensure it better protects vulnerable customers after research found that in some cases their treatment can lead to further stress and harm.

Bank staff are adding to the distress of people registering power of attorney by misunderstanding what rights are involved, making administrative blunders or losing important documents, according to the Financial Ombudsman Service.

The euro has weakened even further over the past week. It now sits at a paltry £1 buying €1.33 at the spot rate (and £1 buys €1.33 at the best travel money rate too). This would've been unthinkable last year when you'd have done well to get €1.20 and two years ago when €1.15 would've been worth whooping about.

A basic bank account with no fees for failed payments or dipping into unauthorised overdrafts has been unveiled following an agreement between Britain's major lenders and the Government.