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Watchdog summons banks to explain paltry savings rates
Savings rates trail mortgage rates - and the financial watchdog has summoned banks to a meeting amid concerns of profiteering.
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HSBC and First Direct to boost savings rates as pressure mounts on banks to pass on betters rates to savers
HSBC and First Direct plan to boost the rate on to their savings accounts today, as consumers call on high street banks to do more to give savers a better deals as the base rates hits 5%.
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MoneyWeek Glossary: The Financial Services Compensation Scheme (FSCS)
Glossary The Financial Services Compensation Scheme (FSCS) covers bank, building societies and investment accounts, and will pay compensation if the holding institution goes bust.
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Why did SVB collapse and what does it mean for investors?
News California-based Silicon Valley Bank collapsed seemingly overnight, casting doubts over the future of thousands of tech and science startups in the US and the UK.
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HSBC launches 3.99% fixed-rate mortgage
News Mortgage rates have remained elevated since the mini-Budget, but could this latest offering from HSBC be a sign of lower rates to come?
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Treasury grills bank bosses over savings rates
News The Treasury Select Committee says customers are earning between 0.5% and 0.65% on basic savings accounts, well below the Bank of England base rate
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High street giant HSBC to close 114 branches
News HSBC is to shut the doors of 114 branches as more customers switch to online banking.
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Will HSBC be torn apart?
News Banking giant HSBC has pleased the market with a new dividend policy. But its top shareholder thinks it should be split in two. Matthew Partridge reports.
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Should you buy HSBC shares? It could be a cheap way to invest in Asia
Tips HSBC has refocused its business towards Asia, and China in particular. If it can increase earnings, the bank looks cheap, says Rupert Hargreaves. So should you buy HSBC shares?
Tips
