The Latest Breaking News on Financial Services

Monzo to shut down US operations in ‘deliberate’ and ‘strategic’ move

The decision to leave the US will result in about 50 job losses

The Independent UK · Apr 1

"The Axios Show": Jamie Dimon defends Iran war as overdue

"They've been killing people around the world for 45-plus years."

Axios · Apr 1

Jim Chalmers claims removing card surcharges will ease cost-of-living pressures. But will you be better off?

The reforms announced by the Reserve Bank on Tuesday will have ripple effects across the whole payments system, experts say

The Guardian - AU · Mar 31

Almost half a million Lloyds customers had personal data exposed in IT glitch

Letter from group published by MPs blames 12 March glitch on software update to its mobile banking apps

The Guardian - UK · Mar 27

NS&I boss forced out as bank faces £470m payout over missing savings

Pensions minister promises the ‘full truth’ as external advisers are hired to identify the scale of the errors

The Guardian - UK · Mar 26

New York robber on the run after stealing just $605 from six banks across city

NYPD have yet to catch suspect who appears to be on losing streak after stealing limited funds from Chase banks

The Guardian - US · Mar 24

Bank of London and parent firm fined £2 million for misleading banking watchdog

The Prudential Regulation Authority (PRA) said it is the first time it has fined a firm for failing to conduct its business with integrity.

Evening Standard · Mar 24

Revolut reveals record profits in ‘landmark’ year

The fintech secured the long-awaited all-clear earlier this month to become a fully fledged bank in the UK.

Evening Standard · Mar 24

Nirav Modi appears in person to fight Rs 100 crore Bank of India case in London

Fugitive jeweller Nirav Modi appeared in a London court to contest a Rs 100 crore claim by Bank of India. The bank seeks repayment of a loan to his company, Firestar Diamond, for which Modi provided a personal guarantee.

The Times of India · Mar 23

Nodus Bank CEO Accused of Using Bank as 'Personal ATM' in $24M Fraud Scheme That Led to Collapse

Former Nodus Bank CEO pleads guilty to a $24M fraud scheme, exposing a shocking abuse of power and leading to the bank's collapse.

International Business Times UK · Mar 23