The Latest Breaking News on Financial Services

Danish police said on Thursday they had arrested 135 people in a large-scale operation on suspicion of laundering money defrauded from elderly people.

First Abu Dhabi Bank (FAB), the United Arab Emirates' biggest lender, said on Thursday it was considering a bid for London-listed Standard Chartered but was no longer doing so. Bloomberg had earlier reported that FAB had been exploring an offer for Standard Chartered as part of a plan aimed at…

British Business Bank invites proposals from potential fund managers to operate new fund

Federal Reserve Bank of Minneapolis President Neel Kashkari made clear Wednesday that he will push for raising interest rates at least three more times — for a total of about a percentage point — as a voting member this year on the Fed's rate-setting committee.

Krungthai Card Plc (KTC), a non-bank business under Krungthai Bank (KTB), plans to offer personal loans via KTB's Pao Tang mobile application this year.

Financial services company SoFi Technologies (SOFI) recorded impressive growth across its business segments. However, the company’s losses widened, and analysts seem bearish about its earnings growth prospects due to its bleak fundamentals and the potential recessionary pressures. Thus, is it wise to buy this under $5 fintech stock? Read more…

Concerns mount over cost of living crisis as November figures show additional £1.2bn borrowing on cards

NEW DELHI: Private sector lender HDFC Bank on Wednesday said it has recorded a 19.5 per cent increase in credit growth to Rs 15 lakh crore for the third quarter ended December 2022.

New skyscrapers are being planned for London’s financial centre in a sign of investor confidence in the capital