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FCA fines Wise CEO Käärmann £350,000 for breach of senior manager conduct

Wise CEO Kristo Käärmann has been slapped with a £350,000 fine by the FCA for a breach of senior manager conduct relating to his...

Gloom for savers as Premium Bonds prizes tumble

Prize rates for Premium Bonds have started to drop in response to...

APP fraud declines in H1; card not present cases up by 26%

Financial losses from authorised push payment (APP) fraud, romance and purchase scams and impersonation deceptions show a marked decline in the first half of...

Klarna sells UK loan book to hedge fund Elliot Avdisors

Klarna is to offload its UK loans book to hedge fund Elliot Advisors in an effort to free up £30 billion to fund its...

Starling Bank fined £29m for ‘shockingly lax’ AML screening

The Financial Conduct Authority has fined Starling Bank £29 million for failings related to its financial sanctions screening.EditorialThis content has been selected, created and...

Latest money news: Santander warns about romance scams after 27% surge

Welcome to Metro’s money blog where we’re sharing the latest advice on how to avoid the rising scourge of romance scams. Fraudsters stole more than...

Hundreds of thousands of Brits could be owed ‘forgotten’ £2,200

It’s the question on millions of people’s minds ahead of winter. James Longley is the managing director of Utility Bidder, a service that helps...

Traders Hope Alphabet’s Pixel Event Can Stem $360 Billion Rout

Alphabet Inc. investors are anxiously awaiting a Google hardware event on Tuesday — banking on new AI features to help stop a selloff that’s...

First-time buyers losing out on cheaper mortgage deals

Ele Clark, from Which?, said the distribution of rate cuts is disappointing...

Lloyds hires AWS exec to head up new AI and analytics unit

Lloyds Banking Group has hired an executive from Amazon Web Services as its first director of artificial intelligence andd analytics.EditorialThis content has been selected,...

My Prime Day Shopping List is Boring. Yours Should Be, Too

If you have Amazon Prime, Amazon Prime Day is worth checking out. This year’s...

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