The Latest Breaking News on Financial Services

Lender says productivity, customer service ratings and staff turnover have all improved

NEW YORK: Wells Fargo Co agreed to a $3.7 billion settlement with the Consumer Financial Protection Bureau to settle a variety of allegations of mistreating customers, including a $1.7 billion fine that’s the biggest in CFPB history.

The £200 switching offer is available to customers who move to HSBC’s Advance or Premier Bank Account, using the Current Account Switch Service (CASS)

The Fed is expected to keep hiking rates well into 2023; consequently, the broader market might remain under pressure. However, value stocks have been gaining traction and are expected to perform well in the following year. So, fundamentally sound momentum stocks Berry Corporation (BRY) and Gran Tierra Energy (GTE), which…

MUMBAI: The Bombay high court on Tuesday granted bail to Sanjeev Palande, personal secretary to Maharashtra’s ex-home minister Anil Deshmukh, in a money laundering case registered by the Enforcement Directorate (ED).

Ethiopia’s largest bank has reopened branches in some towns in Tigray, allowing residents to access funds they have been blocked from using for over a year due to the conflict between the federal government and Tigrayan rebels.

The King’s image will appear on the front of all four polymer banknotes, however notes carrying a portrait of Queen Elizabeth II still remain legal tender

The issue occurred when TSB attempted to move customer data to a new computer system managed by Spanish owner Sabadell from the old one supplied by Lloyds Banking Group.

Barclays, HSBC, Lloyds, Nationwide, NatWest and Santander to offer mortgages on medium and high-rise properties from January

The new notes won't be in circulation until 2024

The botched systems change in 2018 led to a weeks-long lockout for customers