The Latest Breaking News on Financial Services

Ttb eyes transition to cashless branches

TMBThanachart Bank (ttb) plans to transition some of its traditional branches to paperless and cashless outlets in an effort to increase its digital banking user base by 30% this year.

Bangkok Post · Mar 15, 2023

Arkhom pledges stability after poll

The government is ready to take action, even in a caretaker position before the next administration takes power, should global volatility affect the country's economy or financial system, Finance Minister Arkhom Termpittayapaisith told reporters.

Bangkok Post · Mar 15, 2023

US bank stocks sink as Credit Suisse fear spurs renewed rout

Stocks of major U.S. lenders sank with a sector gauge hitting the lowest level since November 2020 on Wednesday, following European banks down after Credit Suisse Group AG plunged.

Tribune News Service · Mar 15, 2023

Manchin now sees bank vote "differently"

"You look at it differently now. You’d never thought this would have happened in the smaller banks," Manchin said

Salon · Mar 15, 2023

Credit Suisse has shot itself in the foot – and wounded the global banking system

The Swiss lender is deemed ‘systemically important’ so the jittery markets are studying the bank carefully – very carefully

The Guardian - UK · Mar 15, 2023

Fed gets more room to pause rate hikes after drops in producer prices, retail sales

U.S. producer prices and retail sales both declined in February, giving Federal Reserve officials more room to potentially pause interest-rate hikes as they weigh the impact of a banking crisis against inflation risks.

Tribune News Service · Mar 15, 2023

Dem: Bank lobbyits bought Sinema's vote

"I said no. When they asked Sen. Sinema, she asked how much—and voted yes," says Rep. Ruben Gallego

Salon · Mar 15, 2023

Credit Suisse: what is happening at Swiss bank and should we be worried?

Plunge in bank’s share price adds to fears over weaknesses in banking sector following collapse of SVB

The Guardian - UK · Mar 15, 2023

Alex Murdaugh’s accomplice in financial crimes seeks new trial based on killer’s testimony in murder case

During his murder trial, Alex Murdaugh testified that Russell Laffitte was not involved in his multi-million-dollar fraud schemes

The Independent UK · Mar 15, 2023

Is my money safe in the wake of two big bank failures? A consumer guide to what you need to know.

Is there any reason to be worried about bank failures after the government-ordered closings of Silicon Valley Bank and Signature Bank? And what can you do to protect yourself?

Chicago Sun-Times · Mar 15, 2023