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Banking and Insurance

All Banking and Insurance news articles

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Regulator tells Co-operative Insurance to clarify quotes for motorists

The Co-operative Insurance has been criticised by the Competition and Markets Authority (CMA) over unclear information…

Co-op banks in India investigated for alleged money laundering

Indian co-operative banks are being investigated for allegedly depositing money in banned currency after demonetisation. The…

SWIFT co-operative to use blockchain technology for cross border payments

SWIFT co-operative is exploring blockchain technology in an attempt to deliver a new standard in cross-border…

SWIFT co-operative working to address cyber security concerns

SWIFT, the world’s leading provider of secure financial messaging services, is working on implementing a Customer…

Co-operative Bank said to be looking for buyers for a portfolio of non-core operations

The UK’s Co-operative Bank is working with consulting firm PricewaterhouseCoopers (PwC) to sell some of its non-core…

Obituary: Tom Agar, former Co-op Bank chair and Lincolnshire CEO

Tom Agar, 1931 to 2016 Lincolnshire Co-operative has released news of the death of Tom Agar, chief executive of the…

Mutual Guarantee Societies Bill passes first reading in Parliament

A ten-minute rule bill to make provisions for the creation of mutual guarantee societies has passed…

Co-op leaders hit out at government over “unfair” pension fees

Some of the UK’s largest co-operatives will continue to suffer “arbitrary and unfair” Pension Protection Fund (PPF) charges…

Britain’s first authors’ co-operative launches

The first author-run publishing co-operative in Britain has launched with the publication of two titles. Gritstone…

£2,000 prize announced for platform co-op start-ups

A £2,000 start-up grant is on offer to budding digital co-operatives, who have been invited to…

NFU Mutual partners up with defence providers to safeguard against fraud

The National Farmers Union Mutual Insurance Society has teamed up with technology-led defence providers BAE Systems…

Co-op Party chair calls for mutualisation of Royal Bank of Scotland

The Royal Bank of Scotland should be mutualised to overhaul the culture of the bank and bolster…