The Latest Breaking News on Financial Services

MUMBAI: Holding that the recruitment process was "irregular", the Bombay high court has set aside the recruitment process with regard to senior bank assistant and junior bank assistant posts for the Thane District Central Co-operative Bank.

A millionaire banking executive was killed by a complete stranger in London’s West End in a row over a stolen phone, a court heard.

Additional assistance given to beneficiaries of Saudi Arabia’s Citizen Account Program will be extended for another three months until March with registration in the Program being reopened in line with the previously announced regulations. The move comes after an order made by King Salman at the recommendation of Crown Prince…

The Pontypridd bank will be transformed by local business owner

Prince Mohammed bin Salman, Crown Prince and Prime Minister, ordered that that Saudi Arabia’s investments in Pakistan be reviewed so that they could be increased to 10 billion dollars. The Kingdom had declared investments in the country back on August 25. He ordered that the Saudi Fund for Development study…

The Biden administration's plan to wipe out billions of dollars in student-loan debt is in legal limbo, blocked at least temporarily by lawsuits. But a related proposal to lower monthly payments for millions of borrowers is taking a major step forward this week.

The prestigious investment bank is undertaking one of its biggest rounds of layoffs since the Global Financial Crisis.

On January 2, Kentucky State Treasurer Allison Ball (R) issued a statement notifying 11 banks that their ESG policies amounted to energy boycotts that harmed the state’s economy according to definitions passed into law last spring. The statement says the banks have 90 days to stop what Kentucky argues are…

Campaigners say bank should rush to rescue countries facing recession – but can it do so without resulting in mass debt write-offs?