The Latest Breaking News on Financial Services

Wyelands Bank rebuked by Bank of England for regulatory failings

Central bank decides against £8.5m fine because of collapsed firm’s ‘limited resources’

The Guardian - UK · Apr 4, 2023

JPMorgan Chase boss: banking crisis is ‘not yet over’

The CEO of America’s biggest bank said the US Federal Reserve should take some of the blame for the sector’s recent troubles

Evening Standard · Apr 4, 2023

OPINION - The SVB affair was a near-miss for UK tech: what do we know now?

How big a role should heritage banks play in the ultra-modern tech finance world?

Evening Standard · Apr 4, 2023

Balancing act: Why central banks are cautious after bank crisis

Central banks are seen treading carefully following the sudden collapses of Silicon Valley Bank and Credit Suisse.

Al Jazeera · Apr 4, 2023

US welcomes World Bank reforms, pushes for more ambitious changes

The United States on Monday welcomed plans by the World Bank to boost annual lending by $5 billion to middle-income countries to fight climate change and other global crises over 10 years, but said it was pushing for more ambitious changes soon.

Reuters · Apr 3, 2023

New banking hub locations revealed - is there one near you?

The rise of banking hubs is in response to a stream of local branch closes. With more planned to launch soon, we look at what services they offer and where you can find one

The Money Edit · Apr 3, 2023

Closure of historic Lloyds branch will leave entire Welsh community without a bank

'This is the last bank branch in the Gwendraeth Valley, and I am particularly concerned about the impact this closure is going to have on the elderly and vulnerable'

Wales Online · Apr 3, 2023

UK extends plan to sell off its shares in NatWest by another two years

Recent banking turmoil fuels decision to extend trading plan for second time to 2025

The Guardian - UK · Apr 3, 2023

RBS bank closure sparks anger as Johnstone councillor says customers should leave them

The Renfrewshire town will be left with just one banking branch later this year.

Daily Record · Apr 3, 2023

Finance Your Next Vacation With These 3 Stocks

Although the recent bank failures are playing on investors’ minds, one must not deter from investing in the financial sector. Investors could benefit from buying fundamentally strong financial stocks Everi Holdings (EVRI), Forrester Research (FORR), and CPI Card Group (PMTS), given their solid growth prospects. Keep reading.

StockNews.com · Apr 3, 2023