Category: Banking
US Federal Reserve Maintains Rates as Inflation Eases.
(qlmbusinessnews.com Thurs. 1st Aug, 2024) London, UK — "Fed Holds Rates Steady Amidst Growing Calls for Cuts" The US central bank has maintained its key[more...]
Sainsbury’s Bank Sale to NatWest: What This Means for Customers.
(qlmbusinessnews.com Fri. 21st June, 2024) London, UK — NatWest Expands with Sainsbury's Bank Acquisition Amid Sector Shake-Up NatWest is set to acquire the majority of[more...]
Bank Dismissals: Wells Fargo Sacks Employees Over Keyboard Activity Scams.
(qlmbusinessnews.com Fri. 14th June, 2024) London, UK — Wells Fargo Fires Staff for Faking Keyboard Activity Amid Remote Work Crackdown Wells Fargo, the third-largest bank[more...]
King Charles III Banknotes Enter Circulation Across the UK
(qlmbusinessnews.com Thurs. 6th June, 2024) London, UK — "Historic Transition: King Charles III Banknotes Now in Use" New banknotes featuring King Charles III's portrait have[more...]
£780M Acquisition: Coventry Building Society Buys Co-operative Bank
(qlmbusinessnews.com Mon. 27th May, 2024) London, UK — Coventry Building Society Acquires Co-operative Bank for £780 Million. Coventry Building Society has sealed a £780[more...]
Bank of England Eyes Potential Rate Cut Amidst Economic Optimism
(qlmbusinessnews.com Fri. 10th May, 2024) London, UK — "Economic Optimism Amidst Bank of England's Rate Cut Consideration" The Bank of England is cautiously considering a[more...]
UK Homeowners Brace as Major Banks Raise Mortgage Rates Amid Rate Cut Uncertainty
(qlmbusinessnews.com Tues. 23rd April, 2024) London, UK — Mortgage Rates Surge as Bank of England Rate Cut Expectations Recede. Homeowners across the UK are facing[more...]
Bank of England’s Forecasting Overhaul: Addressing Serious Deficiencies
(qlmbusinessnews.com Mon. 15th April, 2024) London, UK — Bank of England's Economic Forecasting System Under Scrutiny. A comprehensive review by Dr. Ben Bernanke, former head[more...]
IMF Sounds Alarm to Bank of England on UK Interest Rates Amid Fixed-Rate Mortgage Concerns
(qlmbusinessnews.com Tues. 9th April, 2024) London, UK — "UK Homeowners at Risk: IMF Flags Concerns Over Fixed-Rate Mortgages" In a notable warning, the International Monetary[more...]
Metro Bank Scraps Seven-Day Opening, Cuts Jobs in Cost-Cutting Drive
(qlmbusinessnews.com Thurs 14th, 2024) London, UK — Metro Bank Cuts Jobs and Ends Seven-Day Opening. Metro Bank has announced significant changes, including the end of[more...]
Nationwide’s £2.9bn Virgin Money Acquisition: Shaping the Future of UK Banking.
(qlmbusinessnews.com Fri 8th, 2024) London, UK — "Nationwide's Mega Deal: What the £2.9bn Virgin Money Acquisition Means for Consumers" Nationwide Building Society has sealed a[more...]
Bank of England Signals UK Recession Ebbing: Economic Outlook Brightens
(qlmbusinessnews.com Mon 26th Feb, 2024) London, UK — Bank of England Indicates UK Recession May Be Waning. Andrew Bailey, the governor of the Bank[more...]
