Banking

Banks are being asked how well prepared they are for a cyber attack or TSB-style IT meltdown by the Bank of England and the regulators.

An estimated 150 Lifetime ISA holders have seen their annual bonus of up to £1,000 delayed by up to two months, MoneySavingExpert can reveal - so if you're expecting your bonus to have arrived, check now if it's been paid.

Two decent interest-paying current accounts from Lloyds and Bank of Scotland had their rates cut this weekend - while Halifax increased the monthly fee for its Ultimate Reward packaged account.

Tens of thousands of TSB customers are still waiting for their complaints about the bank's IT meltdown to be addressed, and some who were left £100s out of pocket haven't had a response more than eight weeks on, MoneySavingExpert can reveal.

A major review of the banking sector by the financial regulator has warned that established banks have a "captive audience" of loyal customers who are losing out because they are reluctant to switch or shop around for financial products .

Scammers are pretending to be from the Financial Ombudsman Service to try and trick victims into handing over personal information, the watchdog has warned.

CYBG, the owner of Clydesdale and Yorkshire Banks, has agreed to buy Virgin Money for £1.7bn in a deal that will eventually see all of its retail customers moved to the Virgin Money brand - but there are no changes yet for existing customers.

A new service which lets friends and family report the death of an individual to several banks, building societies and other financial firms via just one online form has been launched.

Government-backed savings provider NS&I has reduced the amount savers can put into its fixed savings accounts from £1 million to £10,000.

1,300 TSB customers have had money taken out of their accounts by fraudsters, the bank's chief executive Paul Pester revealed today, as a grilling by MPs exposed the full devastating impact of the bank's catastrophic IT meltdown.