All the updated news related to santander

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City

HSBC profits plunge on Ukraine war and inflation worries

Banking giant HSBC has seen first-quarter profits tumble by more than a quarter after taking a hit on expected bad debts due to the Ukraine war and soaring inflation. The lender posted a 28% drop in pre-tax profits to 4.2 billion US dollars (£3.3 ...

26 Apr 2022 at 09:25

Personal Finance

Santander increasing interest rate on flagship 123 current account

Santander UK is increasing the rate on its flagship 123 Current Account, after previously making a series of cuts. The bank will boost the in-credit interest rate on its 123, Select and Private current accounts by 0.2 percentage points, to 0.5%, ...

08 Mar 2022 at 13:55

Home

Fraud expert warns of fake messages circulating in Carlow

A fraud expert at a major bank is warning of a recent pick-up in fake “Hi mum” and “Hi dad” messages – with some involving a twist where people are asked to transfer money to a friend or family member before it is then sent on to the scammer. ...

03 Aug 2022 at 14:33

Fraud expert warns Longford bank customers of fake messages circulating

Local News

Fraud expert warns of fake messages circulating in Carlow

03 Aug 2022 at 16:33

Arts & Entertainment

Fraud expert warns of fake messages

06 Aug 2022 at 17:33

City

Santander boosted by interest rate hikes but braces for mortgage hit

Banking giant Santander has seen its profits boosted by higher interest returns but cautioned that rates could peak at 6% in 2024 if inflation remains stubbornly high. The Spanish retail bank reported pre-tax profits of £1.5 billion ...

26 Oct 2022 at 11:59

Personal Finance

Santander seeks more banking checks to ‘break the spell’ of scammers

A more joined-up approach is needed across the banking industry and other sectors to “break the spell” of scammers, according to Santander UK. It said all banks and payment service providers should follow a specific set of rules to ...

24 Oct 2022 at 01:01

City

Santander fined £107.8m by finance watchdog over money laundering failings

Santander UK has been fined £107.8 million over “serious and persistent gaps” in its anti-money laundering controls, the financial watchdog has announced. The Financial Conduct Authority (FCA) said business banking customers were ...

09 Dec 2022 at 09:51

Personal Finance

‘Worrying rise’ in crypto scams claiming to be celebrity-endorsed seen by bank

A “worrying” surge in reports about cryptocurrency scams which falsely claim to be endorsed by celebrities is being seen by a major bank. On average, people lost £11,872 to this type of scam in the first quarter of this year, ...

28 Jun 2022 at 10:55

City

Santander braces for 10% plunge in house prices and rising borrower defaults

High street lender Santander has warned house prices are set to tumble back to 2021 levels, and set aside more cash for bad debts as it braces itself for a possible rise in borrowers falling behind with repayments. The ...

02 Feb 2023 at 15:25

Personal Finance

Average loss to romance scams is nearly £12,000, says building society

The average financial loss for victims of romance scams is nearly £12,000, according to data from Britain’s biggest building society. Typical losses to romance scams have more than doubled, from £4,720 in 2021 to £11,...

02 Feb 2023 at 10:20

Personal Finance

20% of parents ‘think social media is better at teaching children about money’

One in five (20%) parents believe social media might be better suited to teach their children about money than they are, a survey has found, despite the potential risks of scams and fake profiles. Around two-fifths ...

21 Jul 2024 at 00:01

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