Link, the cash machine group, has agreed terms with the Post Office to use its technology as the infr...
The tie-up will connect the Post Office's 18,000 branches to all of Link's members, which include almost all of the UK's banks and building societies, says the Independent
Equitable Life, the crisis-hit insurer, will decide over the coming weeks whether it can launch a legal action against any of its former directors and advisers.
The Independent also says the life company has appointed Herbert Smith, a City law firm, to look into the possibility after policyholders had repeatedly raised the issue with the newly appointed management team.
Scottish Widows has paid out £335m in the first round of loan notes to be redeemed for windfalls arising from its takeover by Lloyds TSB last year, according to the Daily Telegraph.
In total, Scottish Widows had £5.8 billion to distribute in windfalls to 1.67m members from the sale. All members received a fixed windfall of £500 and 955,000 received additional variable windfalls, averaging £5,700, because they held with-profits policies.
Co-operative Bank, the socially responsible bank, is preparing to poll its two million customers on ethical issues, adds the Daily Telegraph.
Co-operative Bank, which is based in Manchester, will send out two million questionnaires - made from recycled paper - to customers over the next few weeks. They will be asked what they think about issues such as pollution, global climate change and human rights.
Jonathan Bloomer, the Prudential chief executive, is to fly to America this month in an attempt to salvage plans for a £28 billion merger with American General, says the Times.
In an increasingly bitter contest with AIG, Prudential is already suing its rival, which is seeking to break the merger with a $23 billion rival offer for American General, alleging "tortious interference" in its merger plans.
Good governance v resources
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Old age dependency ratio ‘outdated’
Scope for change post-Brexit
To tackle liquidity issues