Borrowers applying for new 95% mortgages will need faultless credit

Borrowers applying for new 95% mortgages will need ‘squeaky clean’ credit histories, brokers warn By Fiona Parker For The Daily Mail Published: 22:00 BST, 27 April 2021 | Updated: 22:00 BST, 27 April 2021 Borrowers applying for a raft of new 95 per cent mortgages will need ‘squeaky clean’ credit histories, brokers warn. Dozens of … Read more

Taylor Swift’s boyfriend Joe Alwyn is a Grammy winner after a retroactive credit on Folklore

Taylor Swift’s boyfriend Joe Alwyn is now a Grammy winner… after a retroactive writing and producing credit on her Folklore album By Dan Heching For Dailymail.com Published: 02:08 BST, 25 April 2021 | Updated: 02:08 BST, 25 April 2021 They’ve been in a starry relationship since 2016.  And now eagle-eyed fans of Taylor Swift have … Read more

Barclaycard under pressure to reverse credit limit cuts for steady customers

Barclaycard customers have called on it to reverse heavy-handed credit card limit cuts hitting cardholders whose financial circumstances have remained steady – or even improved – over the last year. This is Money received a deluge of responses from readers by email and on social media after we reported on the growing backlash against the … Read more

Credit Suisse executives axed after Greensill and Archegos scandals

Credit Suisse in crisis: Top executives axed and bonuses withdrawn as bank dives into the red after Greensill and Archegos disasters By Mark Shapland For The Daily Mail Published: 22:20 BST, 6 April 2021 | Updated: 22:20 BST, 6 April 2021 Top executives have been fired and bonuses slashed at Credit Suisse as the bank … Read more

Two senior Credit Suisse execs leave amid Archegos and Greensill scandals

Swiss banking giant Credit Suisse has axed two senior executives as it suffered billions of pounds worth of losses following the collapse of hedge fund Archegos and the British finance firm Greensill.  Brin Chin, CEO of its investment bank, and Lara Warner, chief risk and compliance officer, both announced they would step down, while the … Read more

Credit Suisse faces investor backlash after Archegos crisis leaves it nursing heavy losses

Credit Suisse faces investor backlash after Archegos crisis leaves it nursing heavy losses By Lucy White For The Daily Mail Published: 22:18 BST, 30 March 2021 | Updated: 22:18 BST, 30 March 2021 Credit Suisse is facing a major investor backlash after the Archegos crisis left it nursing heavy losses. The banking giant was already … Read more

Credit Suisse rocked in Archegos Capital Management meltdown

Credit Suisse has been thrown into crisis just weeks before Antonio Horta-Osorio joins as chairman from Lloyds Bank. The Swiss investment bank was already reeling from the aftermath of a spying scandal and its exposure to bust lender Greensill Capital. But now it has revealed it will suffer a ‘highly significant’ hit to its profits … Read more

Vicky Ford slammed for ‘taking the credit’ for Marcus Rashford’s free school meals campaign

Children’s minister Vicky Ford has been blasted for ‘taking the credit’ for Marcus Rashford’s campaign for free school meals. The Tory minister said the Manchester United star’s successful campaign to pressure Prime Minister Boris Johnson into an embarrassing U-turn over the Government’s free school meals policy was ‘some really super work’. But she told Good Morning Britain hosts … Read more

New plans could see credit balances automatically returned to customers

Energy firms could be forced to automatically repay customers their credit balances and limit what they can keep with BILLIONS held by them Ofgem is consulting on new proposals that could save £1.45bn in total  It may limit the amount of customer credit balances suppliers can hold Experts have welcomed the news, saying it would be … Read more

How credit card purchases trigger the same chemical reaction in the brain as COCAINE

How credit card purchases trigger the same chemical reaction in the brain as COCAINE and drive more spending Contactless payment limit increase to £100 sparked fears over household debt Research suggests credit cards ‘step on the gas’ by putting costs out-of-mind Study found that credit card purchases give the brain the same ‘hit’ as cocaine   … Read more