Acquiring Harrods Bank, which offers personalised banking services from London's luxury Harrods department store, will provide Tandem with around 80 million pounds in capital, ...

Tandem’s purchase of Harrods Bank is being described as a major step forward as Tandem will gain access to a full banking license, intrinsic capital of around £80 million and access to 10,000 ...

Based in the London department store, Harrods bank is offering a rate of 1.05 per cent on its one-year bond, with savers unable to access their money for the duration of the term.

Harrods Bank's Qatari owners are injecting £80 million of new money into the bank as part of the deal, a boost for Tandem after a funding setback earlier this year.

The £80m of capital is made up of the capital within Harrods Bank, which is a well-capitalised institution, as well as some additional investment from new and existing shareholders.

Back in August, ‘challenger’ bank Tandem said that it had signed an agreement to acquire Harrods Bank, the banking arm of the U.K.’s most famous luxury department store, subject to ...

Mehdi Bakhordar, managing director of Produits Artistiques Metaux Precieux, said Harrods was the only location in London where investors could buy a 27.5 pound (12.5 kg) gold bar "off the shelf." ...

Harrods Bank has today announced the launch of its International Money Transfer (IMT) Service.

Harrods Bank customers need at least £20,000 to open the account, which can be done online or using a print-off application form. No withdrawals are permitted during the term.