Creating UK's fifth-largest bank
Targeted by CYBG
Clydesdale Bank is to be sold off in a demerger by parent National Australia Bank (NAB) which will see the business acquired in part by shareholders with the remainder listed on the open market.
The Financial Conduct Authority (FCA) has fined Clydesdale Bank £20.6m for serious failings in its payment protection insurance (PPI) complaint handling processes that may have led to thousands of claims being rejected unfairly.
Fines levied by the regulator against the financial services industry soared by almost 50% this year, as the tougher stance of the new Financial Conduct Authority (FCA) left its mark.
High-risk home loans, once dubbed ticking timebombs by the City watchdog, are back on sale - but this time with a safety net attached.
Axa UK plans to withdraw face-to-face financial advice in the branches of its UK banking partners the Co-op, Clydesdale and Yorkshire Banks.
A law firm is preparing to launch claims amounting to £23m against Yorkshire Bank for professional negligence related to money invested in Arck LLP.
Seven more banks have agreed to join the Financial Services Authority's (FSA) review of sales of interest rate hedging products to SMEs.
Some 1,400 jobs at Yorkshire and Clydesdale banks are to be cut, with the 29 of the banks' Financial Solutions Centres also set to close.
Phone hacking at News International has cost Rupert Murdoch's News Corporation nearly $200m (£126m) to date, the company said last night, as it warned it could not predict the final bill.
An undercover investigation has revealed widespread poor and misleading advice from financial advisers at some of the highstreet's biggest name banks.
The quality of financial advice given by advisers in high street banks and building societies has come under fire after a mystery shop by consumer watchdog Which?
Strategic success at Guernsey-based Clydesdale Bank International has contributed to underlying growth in profits. Clydesdale and Yorkshire Banks, owned by National Australia Bank Group, report results for their banking operations for the 12 months to...
Recent rate rises on expat savings accounts is seeing annual interest rates of over 4 per cent now on offer on 5 year fixed term deals. And rates are beginning to rise on shorter term deposits.
Yorkshire and Clydesdale Banks have admitted undercharging 18,000 customers on variable rate mortgages after a software error meant monthly payments were miscalculated.
Spanish banking giant BBVA is considering a £2bn takeover bid for the British arm of National Australia Bank (NAB), which includes Clydesdale and Yorkshire banks.
INTEREST RATES ARE unlikely to move up again despite rising inflation because the Bank of England has been taken by surprise by the pace of falling high street sales, reports The Times
New banking centres combining business, private banking and wealth management, as well as continued job cuts are expected through 2005 as a result of National Australia Bank's (NABs) continuing restructuring of its UK businesses.