'Trapped' consumers miss out on £10m by not switching banks

'Trapped' consumers miss out on £10m by not switching banks

A year on from a major investigation into competition in the banking industry has had little impact as consumers miss out on £70 each by not switching
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Home Sellers Strangely Pessimistic In A Raging Seller's Market

And that's dragging overall perceptions about the housing market down. Overall, Americans' optimism about housing fell 1.5 percentage points in July
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Brian Fisher, well-known veteran banker, joins commercial lending team at SouthCrest Bank

ATLANTA, Aug. 09, 2017 (GLOBE NEWSWIRE) — As SouthCrest Bank continues to execute its strategy to become a leading financial services
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Norwegian new home sales fall as property market cools

Sales dropped 30 % year-on-year in June alone, the Norwegian Home Builders' Association (NHBA) also said. “We are happy to see a market that is
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Florida's Consumer Confidence and Housing Market Continue to Strengthen

Florida's consumer confidence climbed to 97.7 in July, the second-highest it has been in 15 years, and home prices rose by $20,000 across the state
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Lakshmi Vilas Bank opens only-commercial banking branch in Chennai

CHENNAI: In an effort to address the needs of the business community, Lakshmi Vilas Bank on Wednesday opened its first only-commercial banking
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Isarescu: A big part of the banks' losses come from low lending activity

A big part of the banks' losses come from not grating loans, said this Tuesday the governor of the National Bank of Romania's (BNR), Mugur Isarescu.
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BankThink Here's what both sides in banking-and-commerce debate get wrong

The interest of tech firms in offering banking services has opened a familiar line of criticism from opponents of what has been a very successful type of
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Lending Club makes a surprise comeback

In Q1 2017, US alt lender Lending Club published disappointing results, which showed a flat performance and seemingly vague turnaround plans,
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Online Lending Policy Institute to Host Second Annual Summit in Washington, DC

25 at The Renaissance Hotel in Washington D.C. Building upon last year's groundbreaking Marketplace Lending Policy Summit and a successful
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Low-down-payment purchase lending increases close to 7-year high

With about 1.5 million borrowers purchasing homes with low down payments of less than 10% during the past year, lending for such purchases has
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Fla.'s Housing Market: Sales, Median Prices Rise in 2Q 2017

ORLANDO, Fla., Aug. 9, 2017 /PRNewswire/ — Florida's housing market continued its positive momentum in the second quarter of 2017 with more
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Rating agencies cast wary eye on Canada's banks

Moody's Investor Service downgraded the major banks in mid-May, citing inflated home prices and swollen household debt. Fitch Ratings, in turn,
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Americans Concerned That Hot Housing Market Could Be Heading for a Correction

DALLAS, Aug. 9, 2017 /PRNewswire/ — Americans have simmering concerns about overheated home prices and increasingly suspect that a housing
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ABN Amro internet banking offline due to "technical malfunction"

ABN Amro is struggling with a “technical malfunction” that has left the bank's internet banking, mobile banking, iDeal payments and some investment
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Wholesale banking revenues down 23% from pre-crisis

LONDON, Aug 9 (IFR) – Global wholesale banking revenues have fallen by 23%, or US$70bn, in the decade since the financial crisis, and returns on
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House prices: Property CRASH draws closer as growth comes to a standstill, experts claim

HOUSE prices have coming to a standstill in terms of growth, sparking further fears that a property crash in the UK imminent. Sold prices are less than
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HSBC taps von Buren for global prime chief

Karl von Buren has taken on the role of HSBC's global head of prime finance, following the departure of Paul Hamill in July. Von Buren, who is based
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Geneseo Police warn of banking scheme letter

A letter sent to a Geneseo resident, purportedly from a bank, was found to be a fraud. The address and phone number of the bank on the letter were
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Oracle Launches Payments API For Banks

The company said that by using the Oracle Banking Payments API, banks can also innovate within the Internet of Payments, collaborate with third
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