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2 mins read

British bank NatWest swings to a 2nd-quarter loss of $1.7 billion as income tumbles and impairment charges soar

CEO Alison Rose said the coronavirus pandemic's impact on consumers and businesses "significantly i…

Theron Mohamed   


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2 mins read

India and Pakistan are fighting over Nizam’s £35 million fortune lying at the Natwest Bank since the partition

Soon after the independence and formation of Pakistan, the Nizam of Hyderabad, late Nizam Osma…

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3 mins read

NEGATIVE RATES: NatWest prepares to make business customers pay to hold cash

Negative rates are bad for banks in that it hurts their so-called net interest margin. This is basi…

Ben Moshinsky   


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3 mins read

Customers are furious that RBS and Natwest made their cash disappear - and now the banks are charging them penalty fees

On BBC Radio 5 this morning, the chief executive of the British Bankers' Association Anthony B…

Lianna Brinded   


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2 mins read

Meta found a new way to crack down on scam accounts, and it seems to be working

Meta said it has expanded a program that allows banks to report scams to the company. Meta said the…

Kenneth Niemeyer   


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3 mins read

Mastercard's AI system is helping banks keep fraudsters in check — and it could save millions of dollars

Mastercard has taken an AI-driven approach to detecting payment fraud and collaborating with banks …

Chris Stokel-Walker   


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3 mins read

A major banking executive apologized after facing sharp criticism for saying it's not that hard to save up and buy a house

Sir Howard Davies, the chairman of major British bank NatWest Group said if people want to buy a ho…

Sawdah Bhaimiya   


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4 mins read

I'm due to make $1,170 just by switching bank accounts. It only took 10 minutes to do it each time here's how I did it.

Many banks offer cash bonuses for switching your account. This writer followed the money-saving exp…

Chris Stokel-Walker   


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2 mins read

The dollar could crash from 20-year highs if the Fed pauses rate hikes in a weak economy, says top economist

The idea that inflation will remain in the high single digits and the Fed will continue its tighten…

Phil Rosen   


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2 mins read

Santander UK joins Barclays in blocking payments to Binance after regulator clamps down on the crypto exchange

As the global regulatory clampdown on Binance continues, an increasing number of banks are banning …

Sophie Kiderlin   


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2 mins read

A bank accidentally paid thousands of people more than $175 million on Christmas Day due to a technical glitch

Santander said that a technical error led to 75,000 payments being duplicated and that it was worki…

Stephen Jones   


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3 mins read

Global shares drop as the economic outlook darkens; dollar gains drive the euro to parity

Investors are awaiting the start of the second-quarter earnings season to learn how US companies ar…

Amanda Cooper   


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3 mins read

2 'underestimated' female CEOs faced a barrage of challenges when setting up their businesses. Here are their 3 tips for breaking down barriers.

Ofome Eyanagho and Cat Philp told Insider about the challenges they faced as young women running th…

Sam Tabahriti   


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3 mins read

US stock futures bounce back after rout that sent the S&P 500 to 1-year lows, while bitcoin struggles at $30,000

Investors are growing increasingly worried about rising inflation and slowing growth, as bitcoin br…

Amanda Cooper   


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3 mins read

How world wide web inventor Tim Berners-Lee plans to break Big Tech's chokehold on your personal data

Tim Berners-Lee's company Inrupt announced Monday that it's releasing its data management platform,…

Isobel Asher Hamilton   


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3 mins read

US stock futures tip lower after Apple and Amazon earnings miss estimates, while ether hits a record high

Both mega-cap tech companies cited supply-chain troubles as the issue, raising fears about related …

Shalini Nagarajan   


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7 mins read

OPINION: Time to scale-up nature-based solutions to forge a low-carbon and climate-resilient future for India

A report by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (I…

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2 mins read

10 things you need to know before the opening bell

This is what traders are talking about.

Shalini Nagarajan   


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2 mins read

One of Britain's biggest banks has appointed its first female CEO

Rose, who joined RBS as a graduate trainee 27 years ago, will earn £1.1 million ($1.4 million) a ye…

Theron Mohamed   


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4 mins read

A High Street business banker says more companies want to sell internationally post-Brexit

"We're now back to the same level or even higher than where we were before," Castrillo says. "To so…

Oscar Williams-Grut