A collection of articles that refer to, mention or discuss Banks and Banking
Tag: Banks
P2P Lending Surges By 20% In A Year
Peer-to-peer lending platforms seem to be veering away from pooling funds from consumers in favour of taking money from institutional investors.
As the market matures,...
£1bn Forex Rigging Claim Waiting For Court Green Light
Investors are mounting a legal challenge for compensation after foreign exchange traders at big banks were discovered fixing rates behind the scenes in online...
So This Is What Keeps Millionaires Awake At Night…
Money can make a lot of ills better, but cash in the bank cannot stop millionaires worrying about their wealth.
The world's richest families have...
How Expats Can Run Up Hidden UK Debts From Overseas
Expats can lose thousands of pounds if they do not keep in touch with their banks and financial providers when moving overseas.
Consumers who fail...
FATCA List – April 1, 2017
Almost 4,000 financial institutions signed up to the US Foreign Account Tax Compliance Act in March.
FATCA demands the financial institutions tell the IRS about...
FATCA List – March 1, 2017
More than 3,000 financial institutions signed up to the US Foreign Account Tax Compliance Act.
The controversial act demands the financial institutions tell the IRS...
FATCA List – February 1, 2017
US President Donald Trump has yet to sign off an executive order repealing the Foreign Account Tax Compliance Act (FATCA) despite an election pledge.
The...
How Much Moving Around The World Costs Expats
Where’s the most expensive city for expats to move to – especially with the spectre of banks and companies moving out of London when...
FATCA List – November 1, 2016
The US Internal Revenue Service (IRS) has added more than 16,000 new listings to the database of financial institutions worldwide declaring they meet the...
FATCA List – December 1, 2016
Whispers around Washington DC that the Republicans will repeal the controversial Foreign Account Tax Compliance Act (FATCA) have not stopped financial institutions rushing to...
British Banks Must Open Doors To Expats
British expats in Europe no longer have the problem of holding a UK bank account even if they have no roots in the country.
For...
FATCA List – September 1, 2016
Financial institutions worldwide are still signing up to show that they meet the requirements of the US Foreign account Tax Compliance Act (FACTA).
The act...
Peer To Peer Lending Giant Cuts Rates For Investors
Peer to peer lending giant Zopa is cutting interest rates for investors following the Bank of England official rate cut to 0.25%.
Investors across the...
FATCA Lobby Urges Rethink To Ease Banking Problems
American expats are hoping that final Foreign Account Tax Compliance Act (FATCA) regulations will ease their problems with finding a bank overseas.
The US Treasury...
FATCA List – August 1, 2016
Banks and financial firms are still flocking to sing up to the US Foreign Account Tax Compliance Act (FATCA).
Even though the July 1 deadline...
Spanish banks to pay billions for mortgage overcharging
Expats who have overpaid billions of euros in mortgage interest to banks in Spain have lost their chance of refunds after Europe’s leading court...
Voodoo Banks May Charge Customers For Keeping Their Cash
British banks are readying to work some voodoo in an effort to drum up profits from their business customers.
The Royal Bank of Scotland and...
FATCA List – July1, 2016
The US Foreign Account Tax Compliance Act (FATCA) register of financial institutions has passed the 200,000 milestone as the US government pledges to enforce...
FATCA List – June 1, 2016
The number of financial institutions outside the USA passing information about their American customers to the Internal Revenue Service (IRS) is continuing to swell.
The...
FATCA List – May 1, 2016
Thousands more foreign financial institutions signed up to confirm that they are ready to report information about their customers to the Internal Revenue Service...