The Latest Breaking News on Financial Services

Nigeria's university system needs radical reform: student loans for more than 100 million people might be a good place to start

Amid strikes by Nigeria’s Academic Staff Union of Universities, one thing is clear: the current funding model for the country’s public universities is broken. The government’s new Higher Education Bill aims to fix it.

The Conversation · Jan 16, 2023

Will the Commanders’ sale ‘be over soon?’

No Jeff Bezos, no problem. Could the Commanders be sold sooner than we think?

USA Today Sports Media Group · Jan 16, 2023

Swedish bank Handelsbanken expands in Cardiff

Its Cardiff branch has moved to new offices at the Callaghan Square office scheme

Birmingham Post · Jan 16, 2023

Victims of bank Ponzi-like scheme in China unable to withdraw money from frozen accounts

Since April last year, at least $8.5 billion has been frozen, leaving bank customers in dire straits. When they tried to protest, they allege they received brutal treatment from the police.

ABC News · Jan 14, 2023

Business issues heartfelt call to customers to pay in cash - and spells out reason why

During the Covid pandemic many people stopped using cash but some want to see its return

Wales Online · Jan 14, 2023

These major banks see a "mild recession" coming in 2023

JPMorgan Chase, Bank of America and Citigroup are bracing for an economic downturn in 2023, including an uptick in unemployment, even as they continue to benefit from strong consumer spending and higher interest rates.

Axios · Jan 13, 2023

Cardinal George Pell will be remembered as a reformer with 'a big heart' by some but reviled by many others

While many with the Catholic Church remember him as compassionate, he's reviled by many others inside and outside religious spheres.

ABC News · Jan 13, 2023

JP Morgan investment bankers suffer 30% bonus cut as takeover deals slump

Wall Street’s largest lender reports 22% fall in full-year profits including 58% drop in fees from dealmaking

The Guardian - UK · Jan 13, 2023

Pakistan foreign exchange reserves drop to lowest since 2014

Experts paint a gloomy picture, saying the government must reconsider its priorities.

Al Jazeera · Jan 13, 2023

Los Angeles bank agrees to $31M settlement over racial bias in home loans

City National Bank has agreed to pay $31 million to settle a U.S. Justice Department lawsuit alleging racial bias in its home mortgage lending in Los Angeles County.

Los Angeles Times · Jan 12, 2023