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The Latest Breaking News on Financial Services

Drunk electrician killed bank CEO in phone row outside The Ivy

A man who drunkenly attacked and killed a wealthy banker after he left The Ivy Club in London’s West End is facing jail.

The Independent UK

Two men seen 'jumping out' of burning car in Old Swan

The car caught fire close to traffic lights

Liverpool Echo

One of Wales' best known shopping centres, Cardiff's Queen's Arcade, is in receivership

The Queens Arcade in the centre of Cardiff has been hit by falling rental income and footfall

Wales Online

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SBI has $2.6 billion of loans to Gautam Adani

MUMBAI: State Bank of India, the country’s largest financier, has given loans of as much as $2.6 billion to companies in the Adani conglomerate, or about half of what is allowed under the rules, according to a person familiar with the matter.

The Times of India

Bank manager lodges cheating complaint against man in Gujarat

AHMEDABAD: The manager of a private bank has lodged a complaint of cheating, forgery, forgery for valuable security or will, forgery for cheating and using fake documents with police against a resident of Naroda in Gujarat.

The Times of India

Bank manager lodges cheating complaint again man in Gujarat

The Times of India

UK borrowers may struggle to repay debt as economy worsens, says Santander

Bank puts aside more money to protect itself from potential defaults in expected recession

The Guardian - UK

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US fintech firm chooses Edinburgh for European hub

The managed services provider to wealth managers is now actively recruiting in the capital

Insider UK

Santander braces for 10% plunge in house prices and rising borrower defaults

The UK bank put by £321 million for bad debts in 2022, including a further £65 million in the fourth quarter ahead of a likely recession.

The Independent UK

Queens Arcade in the centre of Cardiff in property receivership

The retail scheme has been hit by falling footfall and rental income but a new mixed-use development remains the plan

Birmingham Post

King Charles' portrait will NOT feature on Australia's new five dollar banknote

KING Charles III’s image will not feature on Australia’s new five dollar banknote.

The National (Scotland)

Australia to Remove British Monarch from Banknotes

Australia will erase the British monarch from its banknotes, replacing the late Queen Elizabeth II's image on its $5 note with a design honoring Indigenous culture, the central bank said Thursday. The decision to leave her successor King Charles III off the $5 note means no monarch would remain on…

Asharq Al-Awsat

Malaysian graftbusters freeze opposition party’s accounts

KUALA LUMPUR: Malaysian anti-graft authorities have frozen the bank accounts of an opposition party led by former prime minister Muhyiddin Yassin amid an investigation that the pro-Malay group said was an attempt to destroy its credibility.

Bangkok Post

Australia says no place for King Charles III on new A$5 note

Central bank says new design will honour ‘the culture and history of the First Australians’.

Al Jazeera

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Evening Standard

King Charles will not feature on Australia’s new five dollar banknote

An effigy of the Queen will continue to be printed on Australia’s coins until the Royal Australian Mint transitions to a portrait of the King

WEKU

Australia's central bank says it will remove the British monarchy from its bank notes

Australia's central bank says its new $5 bill would feature an Indigenous design rather than an image of King Charles III. But the king is still expected to appear on coins.

The Independent UK

Australia announces decision to remove British monarchy from its banknotes

KIng Charles III is expected to continue to feature on coins

AAP

Commonwealth Bank adding anti-scam features to its apps

CBA is rolling out a new feature to help ensure payments sent to a BSB and account number are actually going to the right person or company.

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Wales Online

King Charles III’s portrait will not feature on Australia’s new five dollar banknote

The future design is intended to pay tribute to "the culture and history of the First Australians"

The Guardian - AU

Australia’s new $5 banknote will feature Indigenous history instead of King Charles

Government backs Reserve Bank decision to replace Queen Elizabeth II’s portrait with design ‘honouring culture and history of First Australians’

The Independent UK

King Charles III won't appear on new Australian bank notes

Australia's central bank says King Charles III won’t feature on the new $5 bill, signaling a phasing out of the British monarchy from Australian bank notes, although he is still expected to feature on coins

The Independent UK

King Charles’ portrait will not feature on Australia’s new five dollar banknote

An effigy of the Queen will continue to be printed on Australia’s coins until the Royal Australian Mint transitions to a portrait of the King.

Reuters

Australia to replace monarch on banknote with design honouring Indigenous culture

Australia will replace the portrait of Queen Elizabeth II on its A$5 banknote with a new design to reflect and honour the history of its Indigenous culture, the country's central bank said on Thursday.

The Independent UK

Unite calls for emergency windfall tax on banks

Profits in the sector have mainly been generated by interest rate rises, said the union.

ABC News

Australian $5 note redesign won't feature King Charles, as Queen Elizabeth portrait removed in update

King Charles won't be replacing the late Queen on the new $5 note, after the Reserve Bank decides to honour First Nations culture instead.

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