This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The deposit protection limit - which represents the maximum ...

UK depositors will receive greater protection from the Bank of England as the amount of money covered by a nationwide deposit guarantee scheme is set to rise to £110,000. The scheme provides financial ...

The deposit protection limit for savers if their bank or building society fails could be raised by £25,000 later this year, under proposals being consulted on. The Bank of England’s Prudential ...

LONDON (Reuters) -The Bank of England has proposed raising the protection limit for savers in case a bank fails to 110,000 pounds ($142,300), it said on Monday. The deposit protection limit is the ...

(RTTNews) - British lending major HSBC Holdings Plc has been fined 57.42 million pounds by the Bank of England's Prudential Regulation Authority or PRA for failures in customer deposit protection ...