Lloyds Banking Group to hire 300 tech experts to work on AI
Lloyds Banking Group has launched an AI recruitment drive for 300 tech experts, weeks before its chief executive, Charlie Nunn, unveils a strategic plan for the 261-year old lender.
Business
Barclays to buy GoHenry kids’ debit card and money app
Barclays is to buy an app designed to help children understand and manage their money, as it targets young people in affluent families.
World’s largest banks pledged $906bn to fossil fuel companies in ‘unfathomable’ increase in 2025, report finds
JPMorgan Chase leads 65 banks making decisions incompatible with restraining rising temperatures, researchers say
Personal loans booming as cost of living drives Australians to borrow record amounts
National debt helpline calls have increased alongside growth in new personal loans, which charged an average 9% interest in March
Lloyds customers unable to make payments due to IT glitch
Bank apologises after IT update caused problems with Lloyds, Halifax and Bank of Scotland apps
NS&I failures pile on the agony for bereaved families chasing missing premium bonds
“It has been more than a year of hell,” says Kate Constable about the time it took to claim £46,000 in premium bonds belonging to her late mother.
Metro Bank investors urged to reject executive pay report
Bonus scheme that could hand CEO a £60m windfall is ‘significantly out of line’ with market, says proxy adviser
Learning from a Bad Trade - The Big Picture - The Big Picture
A Bad Bear Stearns Trade Can Teach Investors a Lot It doesn’t have to take a decade to learn some valuable lessons. Bloomberg, January 6, 2020
Industry viewpoint : Regulation & data : MTS - fi-desk.com
How well prepared are institutions for the impending requirements of SFTR? Most repo market participants are aware of the new European Securities Financing Transactions Regulation (SFTR), but not everyone is clear on ex…