Ex-Refco chief gets 16 years in prison

July 3rd, 2008
Phillip Bennett, the former chief executive of Refco, was sentenced to 16 years in prison for a nearly decade-long fraud that ultimately pulled the commodities brokerage into bankruptcy

US hedge fund fugitive returns to court

July 3rd, 2008
Samuel Israel was denied bail and ordered to be jailed immediately after the former hedge fund manager abused his previous bail terms by faking his own death and going on the run, forcing an international manhunt

B&B braces for credit downgrade

July 3rd, 2008
The mortgage lender is braced for a downgrade by credit rating agency Moody's which has been reviewing B&B's status since last month's profits warning

Nationwide slashes savings rates

July 3rd, 2008

Nationwide Building Society will soon cut the rates on its Cash Card current account by a huge 2.72%

Nationwide bank branch

Savers in limbo over Isa transfer delays

July 3rd, 2008
Savers attempting to move their cash Isas to earn a better interest rate face a system in chaos Money down the drain

10 accounts to keep your money safe

July 3rd, 2008
We pick 10 good easy access savings accounts backed by 10 different institutions, so all your savings are covered for compensation Safe cracker

British banks offer best savings deals

July 3rd, 2008
We haven't seen it for some time, but British banks are beating their foreign rivals here to the top of the easy access savings tables union jack flag

No windfall as Pru holds on to ?9bn

July 3rd, 2008
Prudential risked a row with MPs, regulators and its own customers today when it decided to hang on to almost £9bn of funds in its inherited estate Prudential logo

Listen in on our call centre ring around

July 3rd, 2008
Click on the links inside and listen in on our sometimes confusing and downright zany mystery shopping tour of banks' customer service call centres Call centre operators

Inflation hits hundreds of savings accounts

July 3rd, 2008
Hundreds of savings and current accounts are now losing money given the stark rise in inflation over the past year Money down the drain