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The Latest Breaking News on Financial Services

Branching out: why banks are back on the British high street

In towns such as Northampton, in-person help with finances is a promise many customers still depend upon

The Guardian - UK

Alexander Wishart obituary

Other lives: Banker who began work at 16 and became a director of Harrods Bank in the 1980s

The Guardian - UK

German prosecutors bring charges against Greensill officials over role in bank’s collapse

Bremen lawyers say three unnamed people charged with crimes relating to bankruptcy and misrepresentation of bank’s finances

The Guardian - UK

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PayPal Files With Regulators to Launch Bank Focused on Small Business Needs

PayPal plans to launch PayPal Bank to provide small businesses with loans, savings accounts, and better financial tools.

International Business Times

FTSE 100 Live 18 December: Currys surges after results beat, BP names first female CEO

The Bank of England will today reduce the cost of borrowing by cutting interest rates from 4% to 3.75%.

Evening Standard

Regional bank pinged over money laundering guardrails

Regulatory action is being taken against a major regional bank after it self-reported suspected money laundering in its operations.

AAP

Asian shares, US futures sink ahead of US jobs report

Shares have tumbled in Asia and U.S. futures also fell ahead of the release of U.S. employment and inflation reports that could drive the direction of interest rates

The Independent UK

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Rishi Sunak tells Covid inquiry he was worried about UK’s ability to fund itself

Reflecting on chaos of early pandemic, former chancellor said it was ‘acutely stressful’ to see rising interest bill on government bonds

The Guardian - UK

Three banks where you can redeem credit card rewards for gift cards

‘Gift cards are a standard part of almost every major credit card rewards ecosystem,’ one expert said

The Independent UK

This bank was just named No. 1 for customer satisfaction

’National banks are achieving higher overall customer satisfaction through enhanced digital experiences, improved account offerings and strengthened trust,’ J.D. Power noted

The Independent UK

Bank of America to Shut All 3,700 Branches on Christmas Day — Here's How to Avoid Payment Chaos

Bank of America confirms all US branches will close on 25 December. The bank warns customers that some transactions may be delayed during the 24-hour shutdown.

International Business Times UK

Tax reform call as data centre boom plugs in investment

A jump in forecast business investment in the midyear budget update will be unveiled by the treasurer, which bodes well for Australia's productivity growth.

AAP

Why This Week's Fed Decision Matters For JPMorgan (JPM) Stock

JPMorgan Chase Co (NYSE:JPM) shares are trading flat Monday afternoon, trading flat near $314 as investors await the Federal Reserve's pivotal Wednesday decision. Here’s what investors need to know.

Benzinga

Latin American Currencies Gain Favor in Bank of America's 2026 Outlook as Dollar Expected to Slide

Bank of America expects the U.S. dollar to weaken in 2026 and is recommending investment strategies tied to Latin American currencies, particularly the Brazilian real.

Latin Times

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Benzinga

JPMorgan's $1.5 Trillion Security Push Lifts Spotlight On Defense, Critical Minerals And Tech ETFs

JPMorgan Chase Co‘s (NYSE:JPM) decision to hire Todd Combs, long viewed as a key figure in Berkshire Hathaway Inc’s (NYSE:BRK) succession bench, can spark fresh momentum in investment themes tied to U.S. national security and economic resilience.

Benzinga

JPMorgan Poaches Berkshire Hathaway Star For $10 Billion US Investment Blitz

JP Morgan Chase Co. (NYSE:JPM) is putting a familiar name behind its newest, biggest U.S.-focused investing push, and the move doubles as a headline-grabbing talent shift out of Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK).

The Guardian - UK

Bank of England cutting jobs as part of overhaul after critical Bernanke review

Bank under budget pressure as it responds to former Fed chair’s report into slow response to surging inflation

Benzinga

Jamie Dimon Says He Doesn't Like 'Debanking People,' Denies Targeting Trump Media: 'People Have To Grow Up'

JPMorgan Chase Co. (NYSE:JPM) CEO Jamie Dimon has pushed back against claims that the banking giant had debanked President Donald Trump-backed Trump Media Technology Group Corp. (NASDAQ:DJT), saying that the move was in response to court orders.

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The Guardian - UK

Forcing UK banks to support credit unions would help keep loan sharks at bay

High street banks dodged a windfall tax – now they should invest in growth of local lenders

Benzinga

K-Shaped Growth And Policy Volatility, JP Morgan's 2026 Outlook

A resilient market at the headline level, yet with an uneven, policy-driven underlying economy. This is the reality that JP Morgan Asset Management sees for 2026

The Independent UK

Government agency skewered by banking group for stern take on credit card rewards programs

The American Bankers Association argues against Consumer Financial Protection Bureau’s claim that credit card issuers may be using bait-and-switch tactics in their rewards programs

International Business Times

Inside the Career of Brijesh Mishra: The Former Banking Leader Helping Global Entrepreneurs Enter Dubai's Market

Mishra is selective about the clients he works with, unafraid to decline engagements where he senses a misalignment. Quality, transparency, and principle-driven decision-making guide every interaction.

The Independent UK

This bank offers the best mobile credit card experience, according to new study

Winning bank beat competitors in categories like cardholder acquisition, app features, and card comparison tools

The Guardian - UK

Regulators to announce plans to bolster mutuals after Labour vows to double £223bn sector

Bank of England and FCA to join city minister in Rochdale amid plans to streamline regulation and expand expert support

The Independent UK

Bank of England to stress test private credit firms as concerns grow

The central bank said it has launched a new exercise to stress-test the resilience of the market.

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