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Lenders start firm to boost UK cash access on branch closures

  Bloomberg The UK’s largest lenders have set up a company to encourage the spread of shared banking hubs to make sure consumers can still access cash as branch closures accelerate. Nine firms including Barclays Plc and HSBC Holdings Plc have incorporated Cash Access UK Ltd, a non-profit designed to protect cash access, according to a Companies House filing. So ...

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Credit Suisse near fresh lows over its ‘credibility’

  Bloomberg Credit Suisse Group AG shares are hovering near record lows as some analysts question the lender’s credibility due to a lack of visibility on its ambitious turnaround plan. The stock slipped as much as 3.9% on Tuesday, declining for a seventh straight session, after Citigroup Inc, alongside RBC Capital Markets LLC, flagged future uncertainties. The banks’ sell-side analysts ...

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UK banks to restart loans on apartments

  Bloomberg Six of the UK’s biggest lenders will start offering mortgages for high-rise flats affected by the cladding scandal in a move that could help thousands of Britons sell their homes. Barclays Bank Plc, HSBC Holdings Plc, Lloyds Banking Group Plc, Nationwide Building Society, NatWest Group Plc, and Banco Santander SA will consider new mortgage applications for buildings affected ...

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