Savings, Loans & Credit Cards
Row over Iceland bank deposits
LONDON (Reuters) - A diplomatic row has broken out between Iceland and Britain over how to deal with hundreds of millions of pounds of British deposits trapped in collapsed Icelandic banks. Full Article
Rate cut to be passed on to savers
LONDON (Reuters) - HBOS, Lloyds TSB and Barclays will pass on to borrowers the full benefits of a surprise half a percentage point cut in interest rates by the Bank of England. Full Article
How believable are the guarantees?
LONDON(Citywire) -Worried investors will breathe a sigh of relief at the government’s reassurance that depositors will not lose money in the collapse of Icelandic bank Landsbanki. Full Article
