Sun.Dec 22, 2024

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UK banks’ trust account exodus cuts lifeline for disabled people, says charity

TheGuardian

Customers face severe consequences as banks and building societies close accounts typically set up to help vulnerable people People with disabilities are facing potential hardship because banks are scrapping trust accounts that allow money to be managed safely on their behalf. Victims awarded personal injury settlements and those with learning difficulties are among those facing severe consequences as accounts are closed or frozen by high street banks and building societies, according to campaig

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Timing, the New Way to Outcompete Peers for Time Deposits

The Financial Brand

This article Timing, the New Way to Outcompete Peers for Time Deposits appeared first on The Financial Brand. In a landscape where $2.5 trillion in bank CDs will mature by 2025, timing isn't just everything it's the key to winning depositor dollars. Here's how timing will affect deposit competition in the year ahead. This article Timing, the New Way to Outcompete Peers for Time Deposits appeared first on The Financial Brand.