Page 5 - Treasury Select News Today

After a brief and failed correction, the GBP/USD pair resumed its downside movement and dropped to its lowest level in three months on Thursday. It re

Monday is a holiday in the United States and Canada. Later in the week, the Reserve Bank of Australia and the Bank of Canada will announce their monet

The Treasury Select Committee recently put out a call for evidence, boldly named ‘Sexism in the City’, looking at the obstructions faced by women in finance.

DAILY MAIL COMMENT: The most fundamental tenet of banking in a liberal democracy is client confidentiality.

Britains banks are not passing on higher interest rates to savers fast enough, though this is expected to accelerate in coming months as a new duty to provide good outcomes for consumers comes into...

LONDON (Reuters) - British banks faced fresh criticism on Monday for the savings rates they offer to cash-strapped customers, in the latest intervention by parliaments influential Treasury Select Committee.

An analysis by the MoS of the five biggest banks and Nationwide, the UKs largest building society, found they scooped an extra £8 billion this way last year.

RUTH SUNDERLAND: While borrowers are hit with spiralling extra payments, banks and building societies are increasing the profit margin they gouge from customers.

Some people have done quite well regardless of the rising cost of home loans: the bosses of the big UK mortgage lenders.

MPs said that lenders must “up their game” and pass on higher rates to savers as bank bosses responded to an inquiry on the “measly” rates on offer. The