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The Latest Breaking News on Financial Services

Business owner describes 'scary' scenes as police race to Kilmarnock Road incident

More than four police cars descended on Kilmarnock Road, in the Shawlands area, around 1.15pm following an incident which a business owner has described as 'scary'.

Glasgow Live

Names of UK Covid business loan borrowers to stay secret, tribunal rules

Ruling says enough scrutiny exists to detect fraud while naming recipients in £47bn scheme puts them at risk

The Guardian - UK

Morrisons offering drivers 5p per litre off fuel at all petrol stations in January

Customers will be offered a coupon that entitles them to 5p off every litre of fuel at the pumps when they spend £35 in-store

Daily Record

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Bank Holiday trick to get 48 days off with just 19 days leave this year

There's an extra bank holiday in 2023

Liverpool Echo

£150m investment fund for Scotland prepares for summer launch

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

Insider UK

Minneapolis Fed's Kashkari calls for raising interest rates at least a few more times this year

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.

Tribune News Service

KTC to offer personal loans on apps

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.

Bangkok Post

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Is SOFI a Penny Stock You Should Want to Buy?

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…

StockNews.com

UK credit card borrowing soars to highest monthly level since 2004

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

The Guardian - UK

HDFC Bank posts 19.5% loan growth in Q3

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.

The Times of India

All rise! Ten new towers planned for City of London skyline

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

Evening Standard

Call to protect West Lothian town centres for the future backed by council

There's cross party support for a review of policies towards the preservation of town centres in the area along with a call to engage with communities and local representatives on the future

Edinburgh Live

Principality Building Society appoints new non-executive director

Ian Greenstreet has held senior roles with the likes of HSBC, Lloyds and ABN AMRO

Birmingham Post

Student debt relief: Where borrowers stand as Supreme Court weighs Biden's plan

When President Joe Biden announced his federal student loan forgiveness plan last year, nearly 26 million Americans jumped on the chance for debt relief.

Tribune News Service

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Dynamite News

Kolkata to host first Meeting of Global Partnership For Financial Inclusion Working Group on Jan 9-11

The G20 India on Wednesday said the first Meeting of Global Partnership for Financial Inclusion (GPFI) Working Group of G20 under the Finance Track under India's G20 Presidency would be hosted in Kolkata. Read on for details:

Football London

Stan Kroenke reaches £70m Arsenal agreement amid fresh Mykhaylo Mudryk transfer bid

Arsenal transfer news: The Gunners are expected to continue their pursuit of Ukrainian Mykhaylo Mudryk in this January transfer window

Bangkok Post

KTC shifts from car hire-purchase loans

Krungthai Card Plc (KTC), a non-bank entity under Krungthai Bank (KTB), is edging away from car hire-purchase loans after the consumer regulator tightened the rules for this segment.

Wales Online

Woman in marigolds sought by police after attempted bank robbery

Officers are appealing for information

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The Independent UK

US Virgin Islands fires attorney general in Epstein cases

The governor of the U.S. Virgin Islands has fired the attorney general of the U.S. territory who led a lengthy legal case against disgraced financier Jeffrey Epstein that resulted in a $105 million settlement

The Guardian - UK

Santander UK drops 2:1 requirement for graduate scheme

Bank says changing minimum qualification rules opens scheme to 64,000 more candidates each year

Birmingham Post

Almost £50m in funding agreed to complete 693-bed student scheme in Nottingham

Developer Conygar also hopes to raise £30 million through the issue of zero dividend preference shares

Manchester Evening News

CCTV appeal after six packages thrown over wall at Forest Bank prison

Police want to speak to the man captured in the pictures

Daily Mirror

Arsenal's new £70m loan agreement explained amid fresh Mykhaylo Mudryk transfer talks

The Premier League leaders submitted "registration of a charge" form on December 23, with the potential borrowings from Barclays guaranteed against TV money, as fresh talks with Shakhtar Donetsk over Ukraine winger take place

Dynamite News

CBI Files Chargesheet Against Directors Of Ludhiana-Based Textile Company In Bank Fraud Of Over Rs 1,500 Crore

The CBI has filed a chargesheet in the Court of Additional and District Session Judge in Mohali against a private company based in Ludhiana and others. Read on for details:

Edinburgh Live

Edinburgh woman scammed out of £21,000 by cruel phone hacker posing as bank

The Santander customer from the capital was convinced by the caller and sent £21,996.38 to the new account. She later became suspicious, police said.

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