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The Latest Breaking News on Financial Services

Lloyds Banking Group appoints pensions expert as Scottish chair

Promotion comes as Philip Grant retires after 40 years' service

Insider UK

U.S. wants to see quicker progress on World Bank reforms- Yellen

U.S. Treasury Secretary Janet Yellen on Sunday said the United States wanted to see quicker progress on the World Bank's plans for expanding its lending capacity to address climate change and other global crises.

Reuters

Rising rates sustain gains in banks' profits

The trend of rising interest rates supported net profit growth among Thai banks last year, while the banking industry saw strong demand for loans in line with the country's economic recovery.

Bangkok Post

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Who is Richard Sharp, the BBC chairman facing calls for investigation? OLD

The former banker worked for more than 30 years in the financial sector, including a 23-year stint at investment giant Goldman Sachs.

The Independent UK

'Iconic' former bank in affluent village on the market

The house has its own bar and balcony

Liverpool Echo

Martin Lewis' word of warning to anyone who uses a debit card

The Money Saving Expert warned that 'debit cards are now danger cards' if you're overdrawn

Manchester Evening News

Profits of Omani Banks Rise 20%

Total net profits of Omani banks listed on the Muscat Stock Exchange (MSX) jumped by 20.6 percent to RO409mn in 2022 as compared to RO338.9mn profits reported in 2021. Preliminary financial results recently announced by the listed banks on the Muscat Stock Exchange showed an increase in profits of all…

Asharq Al-Awsat

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Can Wall Street survive climate change?

The Federal Reserve is putting the country's biggest banks to a test

Salon

BBC chairman helped Boris Johnson arrange £800,000 loan before being given top job

The chairman of the BBC is understood to have helped arrange a guaranteed loan for the Prime Minister. It has raised questions about his appointment to the role.

Wales Online

Old Edinburgh RBS office looks unrecognisable as demolition job begins

The office, which is in the process of being demolished, is a space that hundreds if not thousands of Edinburgh and Lothians residents would have travelled to for work over the years.

Edinburgh Live

Lloyds Bank confirms Beeston branch will close

It's the third bank to shut in the area in recent times

Nottingham Post

HMRC warning as millions have just 10 days to avoid £100 fine

Self-assessment tax returns are due on January 31

Liverpool Echo

How a couple transformed a derelict old bank into a dream home with astounding interiors

Eclectic, creative and bolder - could you be this brave?

Wales Online

Acclaimed Indian journalist slams ICICI Bank's 'silent arrogance' over failed WA coal mine

A leading Indian investigative reporter has labelled the country's biggest private bank, which is at the centre of an unfolding energy crisis in Australia, secretive and "arrogant".

ABC News

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news in one place.

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The Independent UK

Jamaica under scrutiny for fraud scandal that hit Usain Bolt

An investigation into a private investment firm in Jamaica where $12.7 million belonging to sprinter Usain Bolt has gone missing has sparked criticism over how the government has handled the case

Reuters

European prosecutors hear Lebanese bankers in central bank commission probe

Lebanese bankers told European prosecutors they believed that commissions now at the centre of a graft probe had been paid to the central bank, four sources said, while investigators suspect the cash illegally ended up with the governor's brother.

Asharq Al-Awsat

Lebanon Central Bank Sets New Rate for Withdrawals from Dollar Deposits

Lebanon's central bank said on Thursday it had set a new rate of 15,000 Lebanese pounds to the US dollar for withdrawals from bank deposits denominated in dollars, but which can now can be accessed largely in the local currency. The rate was previously set at 8,000 pounds under central…

Dublin Live

KPC and Ulster Bank issue final warning as closures loom

Both banks have announced their phased withdrawal from Ireland and began limiting operations in 2022

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news in one place.

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The Guardian - UK

‘It will affect all of us’: how bank closures have hit one UK town

In a week when several big banks announced they were axing branches, we talk to locals concerned over effect on elderly and vulnerable people

Manchester Evening News

All the Halifax and Lloyds branches set to close - including two in Greater Manchester

18 Halifax sites and 22 Lloyds branches will close over the coming months

Wales Online

HSBC bank cashier who died after being exposed to asbestos at work 'wasted away' in front of family

Her daughter recalled how she'd come home some evenings "completely covered in dust"

Liverpool Echo

Martin Lewis says debit cards are now 'danger cards' in new warning

Martin Lewis issued a warning to anyone who has a debit card

Liverpool Echo

HSBC warning over 'incorrect' fees, charges and rates

HSBC's failure to report accurate information risked leading customers to make the wrong decisions

Daily Record

Pick up this week's Courier for your chance to win a gift card to spend at The Centre Livingston

You could spend your gift card at one of the many shops and restaurants at The Centre Livingston

Chronicle Live

Halifax and Lloyds to close 40 banks including two in North East - see full list here

Lloyds Banking Group, which owns both high street banks, said the branches to be closed have seen the number of visits drop by about 60% in the last five years

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