banking

Money

Why do banks in Spain close so early?

If you want to get anything done at the bank in Spain, you better get there early, as the vast majority of 'bancos' close at 2pm and don't open after lunch.

Money

What you should know about the EU's change in banking security

An additional real-time security measure that comes into force on Thursday across the Eurozone puts the onus on users to ensure bank details of financial transfer recipients is accurate.

Crime 1

Sweden jails former banking boss over 'swindling'

A Swedish court on Tuesday sentenced the former chief executive of Swedish bank Swedbank to 15 months in prison for deceiving investors about the bank's links to a money laundering scandal.

Brexit

Brits in EU risk losing UK bank accounts 'within weeks'

Some of Britain's biggest banks have begun contacting customers in European Union countries, warning them that their accounts will be closed down within weeks because the cost and complexity of operating without a continuation of pan-European banking rules is too much.