The Latest Breaking News on Financial Services

Baht dip aids export stocks

The rapid depreciation of the baht has helped stocks in the export sector, say analysts, warning the currency is under pressure to slide further, resulting in continued outflows from the Thai stock market.

Bangkok Post · Feb 16, 2023

Dozens re-detained after visa cancellation bill passes – as it happened

This blog is now closed

The Guardian - AU · Feb 16, 2023

Tory minister suggests banks sue Bank of England over strict regulations

Andrew Griffith made the suggestion in a discussion with banking representatives

The Independent UK · Feb 16, 2023

Banks Warn against Lebanon 'Isolation'

Banks in Lebanon warned of the “gravity” of judicial accusations leveled against a number of them for “money laundering” and said that this will have repercussions on banking transactions. In a first, a new lawsuit affected an Arab bank operating in Lebanon, which is the National Bank of Kuwait (NBK).…

Asharq Al-Awsat · Feb 16, 2023

Port of Newcastle confirms its financing is tied to moving away from coal

Conference hears all lending will go 'sustainable' or green

Newcastle Herald · Feb 16, 2023

Kazakhstan challenges large asset transfer by ex-president's foundation

(This Feb. 16 story has been corrected to show foundation is run by former education minister Aslan Sarinjipov, not Nazarbayev's daughter Dariga in paragraph 8)

Reuters · Feb 16, 2023

Westpac postpones regional bank branch closures ahead of Senate inquiry

Westpac says the closure of eight of its branches will be put on hold ahead of a federal probe into the economic and social impacts of branch closures outside major capitals.

ABC News · Feb 16, 2023

World Bank head criticised over climate stance to step down early

David Malpass led lender through crises including the war in Ukraine but faced criticism over stance on climate change.

Al Jazeera · Feb 16, 2023

Westpac halts rural closures amid political pressure

Westpac says it will postpone closures of rural banks during a Senate inquiry, the second major bank to heed calls to act in good faith.

AAP · Feb 16, 2023

CEO who helped save the Co-op from collapse lands new role

Richard Pennycook is a former chairman of THG

Birmingham Post · Feb 15, 2023