Barclays bank closing more Northern Ireland branches Two NI branches will close in July, Barclays bank has announced Belfast Live · Apr 12, 2023
Top US banks to reveal $521 billion deposit drop, most in decade The largest U.S. banks are about to reveal how they fared as customer deposits came under siege in the first quarter. Tribune News Service · Apr 12, 2023
Credit Suisse rescue package rejected by Swiss parliament Switzerland's parliament rejected on Wednesday the government's 109 billion Swiss francs ($120.82 billion) aid for Credit Suisse's merger with UBS, leaving the fallen bank's hastily arranged rescue without a largely symbolic parliamentary blessing. Reuters · Apr 12, 2023
UAE Central Bank's Foreign Assets Exceed $136b The total foreign assets of the UAE Central Bank exceeded $136.1 billion at the end of January for the first time in its history. The data showed that the Central Bank's foreign assets increased monthly by 1.34 percent, from $134.4 billion last December to $136.2 billion at the end of… Asharq Al-Awsat · Apr 12, 2023
IMF warns deeper financial turmoil would hit growth The International Monetary Fund has trimmed its 2023 global growth outlook slightly as higher interest rates cool activity. The New Daily · Apr 11, 2023
Banks hesitate in rush to cashless era The banking industry's push to discourage the use of cash led some to believe it was a good idea to charge fees for cash transactions and suspend cardless money withdrawals at ATMs. Bangkok Post · Apr 11, 2023
First Republic Bank Reports Earnings This Month -- Sell While You Can Despite benefiting from the vote of confidence from 11 large banks, First Republic Bank (FRC) is skating on thin ice. Hence, it could be wise for investors to keep their distance, as its upcoming earnings release might trigger another meltdown in the stock. Read on…. StockNews.com · Apr 11, 2023
Barclays to shut three North East branches as bank announces another 15 closures this year - see full list Two branches in Northumberland are among those earmarked for closure this summer Chronicle Live · Apr 11, 2023
Former Glasgow bank set to become restaurant despite concerns over local impact Previous bids to convert the former TSB have been rejected over concerns about an increase in noise and activity, but the latest attempt has been approved after an appeal from the developer. Glasgow Live · Apr 11, 2023
3 Stocks Investors Should Avoid Consuming Still-elevated inflation and rising interest rates have resulted in a significant pullback in consumer spending. Amid a challenging economic backdrop, it could be wise to avoid fundamentally weak consumer goods stocks PLBY Group (PLBY), Vinco Ventures (BBIG), and AquaBounty Technologies (AQB). Read more…. StockNews.com · Apr 11, 2023
Barclays shutting another 15 bank branches this year - see list of latest closures The latest list of closures - which will all happen in July - comes on top of the 69 branches that had already been earmarked to shut, meaning 84 Barclays banks will go this year Daily Mirror · Apr 11, 2023
Hope for 'something different' or chain restaurant at former bank in Hyson Green The former Lloyds Bank branch on Gregory Boulevard has been listed for long-term lease after it was closed in September 2022. Nottingham Post · Apr 11, 2023
RBS, NatWest and First Direct offer people up to £200 in free cash to switch bank accounts Nearly one million people used the Current Account Switch Service in 2022. Daily Record · Apr 11, 2023
Swiss lawmakers pick apart Credit Suisse woes ahead of deal Switzerland’s parliament is opening a special session to scrutinize the state-imposed takeover of Swiss bank Credit Suisse by rival UBS The Independent UK · Apr 11, 2023
Al Jazeera · Apr 11, 2023 G20 finance heads face reform calls from Global South Finance ministers and central bank governors are meeting at the IMF to discuss challenges facing global economy.
ABC News · Apr 10, 2023 Bank South Pacific customers in PNG told to repay money after glitch allows accounts to be overdrawn over Easter A "technical issue" has allowed some customers with Papua New Guinea's largest bank to overdraw money from their accounts, while others have watched their bank balances drop.
Wales Online · Apr 10, 2023 One in three Britons still prefer to do banking in person, survey finds People would rather visit a bank branch to seek human advice as cost pressures mount, a survey found
The Independent UK · Apr 9, 2023 Third of Britons still prefer to do banking in person, survey finds People would rather visit a bank branch to seek human advice as cost pressures mount, a survey found.
Asharq Al-Awsat · Apr 9, 2023 US Treasury: World Bank Could Lend $50b More Over Decade With Reform The World Bank's ongoing reform could result in a $50 billion lending boost over the next decade, US Treasury Secretary Janet Yellen told AFP ahead of stakeholders' meetings next week where key changes are expected to be announced. Central bankers, finance ministers and participants from more than 180 member countries…
Bangkok Post · Apr 8, 2023 Credit Suisse failure 'would have crashed Swiss economy' GENEVA: Switzerland’s finance minister says the country’s economy probably would have collapsed had Credit Suisse gone bankrupt.
The Guardian - UK · Apr 8, 2023 Co-op Bank customers threaten to quit as app goes down again and again Thousands unable to access their accounts on three Fridays in a row because of problems
The Guardian - UK · Apr 8, 2023 Metro Bank risks shareholder revolt over pay increase for top bosses Glass Lewis urges investors to vote against award, saying 20% hike unjustified given average 5% rise for staff
Wales Online · Apr 7, 2023 One of Wales' biggest employers reviewing its office space needs MotoNovo Finance currently occupies 70,000 sq ft of office space at One Central Square in the centre of Cardiff
Miami Herald · Apr 7, 2023 The Week Ahead: Watching for the balancing act by big banks There are banks and then there are systemically important banks. These banks are too-big-to fail. They are required to maintain certain financial buffers to protect depositors from fast moving markets, concentrated bank investments and guard against putting the broader financial system at risk.
The Times of India · Apr 7, 2023 Banking crisis has increased the odds of recession: JPMorgan CEO Jamie Dimon WASHINGTON: The US bank crisis that rattled global markets last month is probably nearing the end, even if more unforeseen failures occur, JPMorgan Chase Co Chief Executive Officer Jamie Dimon said.