The UK banking system is undergoing a serious overhaul that early estimates suggest will impact nearly a million customers. New ring-fencing rules mean the UK’s biggest banks need to make changes that ...

Around one million customers will have their sort codes changed by 2019 in a bid to prevent another financial crisis THERE has been confusion over the new sort code changes that are currently underway ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The implementation of the ring-fence, in which retail banking ...

Banks' retail operations will have to be separated from their investment banks Credit: Photo: ALAMY Britain’s major banks have warned that new rules designed to “ring-fence” their retail operations to ...

Do you recognise this combination or layout of numbers? 60-20-08, 23-40-17, 50-33-12? Odds are that you don’t, but actually you use one or more of them on a near-daily basis. They are bank sort codes, ...