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The Latest Breaking News on Financial Services

Warning to Lloyds, BoS and Halifax customers over changes to service

Customers could reportedly be divided into tiers by Lloyds Banking Group based on how profitable they are, which could affect the level of service they receive

Evening Standard · Jan 9, 2023

Glasgow plan to demolish abandoned Trongate bank for hotel back on agenda

An application said a "change is required to make the commercial units more attractive to potential operators"

Glasgow Live · Jan 9, 2023

Pakistan reaffirms commitment to IMF programme after meeting

Pakistan reiterated its commitment to completing a programme with the International Monetary Fund in a meeting on the sidelines of a climate conference in Geneva on Monday, the finance ministry said in a statement.

Reuters · Jan 9, 2023

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List of bank branch closures in 2023, including Virgin Money, NatWest, Lloyds, HSBC and Barclays

High-street banks are becoming obsolete as more people shift to online. Which branches have closed or are due to close in your area?

Evening Standard · Jan 9, 2023

Warning issued to 10 million Lloyds and Halifax customers over change to services

Huge changes at Lloyds Banking Group would reportedly see customers split into a tier system based on how much profit they generate - this would then reflect into the service they receive

Daily Mirror · Jan 9, 2023

2 Stocks to Help Your Portfolio Counter a Recession

With the Fed’s indication of keeping higher interest rates this year in line with its commitment to bring down inflation to the 2% target, the odds of the economy tipping into a recession are escalating. Amid an uncertain macroeconomic backdrop, fundamentally strong dividend-paying stocks UnitedHealth (UNH) and PepsiCo (PEP) could…

StockNews.com · Jan 9, 2023

'Green banks,' poised for billions in climate funds, draw states' attention

In recent years, several states have created or helped to fund specialized banks that lend money to homeowners and businesses for energy-saving and climate projects. Now, states have billions more reasons to establish such institutions, known as green banks.

Tribune News Service · Jan 9, 2023

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U.S.’ Principal Financial Invests in Chinese Pension Manager

Principal Financial is now the second-largest shareholder of China Construction Bank Pension Management with a 17.6% stake

Caixin Global · Jan 9, 2023

'War for talent' set to define Scotland’s financial sector in 2023

Recruitment company argues that the balance of power sits with employees, despite the recession

Insider UK · Jan 9, 2023

Starling Bank to see profits quadruple this year as bank now a 'big player'

Founder Anne Boden said Starling is longer up against the "plucky scale-ups"

Birmingham Post · Jan 9, 2023

ICICI-Videocon Loan Scam: Bombay HC Allows Chanda Kochhar, Husband Deepak's Release

The Bombay High Court on Monday allowed the release of former ICICI Chief Executive Officer (CEO) Chanda Kochhar and her husband Deepak Kochhar accused in an alleged multi-crore money laundering scam. Read on for details:

Dynamite News · Jan 9, 2023

Pakistan’s finance minister to meet IMF delegation in Geneva

IMF has yet to approve the release of $1.1bn originally due to be disbursed in November last year.

Al Jazeera · Jan 8, 2023

‘Serious questions’ as pension funds invest millions in firms operating in Russia

SCOTLAND’S largest council pension funds have around £230 million invested in Western companies continuing to operate in Russia almost a year…

The National (Scotland) · Jan 8, 2023

Scot slams banks after 'obstructive' treatment of wife nearly broke relationship

A SCOT who has eventually managed to wed his Thai partner thanks to this newspaper has called for banks to improve the way they treat potential…

The National (Scotland) · Jan 8, 2023

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Wales Online · Jan 7, 2023

Woman 'rips' Asda cash machine apart after it 'swallows card and money'

She used her hands to take apart the Barclays machine

WEKU · Jan 7, 2023

A Black 'Wall Street Journal' reporter was detained while working outside a bank

The Phoenix Police Department says that it has launched an internal investigation following the arrest of Journal finance reporter Dion Rabouin, who was conducting interviews outside a Chase Bank.

Bangkok Post · Jan 6, 2023

GH Bank keen to target the wealthy segment

Government Housing Bank (GH Bank) wants to tap wealthy customers by offering high-value savings lotteries, aiming to become a new choice for people looking to diversify investment risk and earn a decent return amid a possible global recession and high inflation rate.

Reuters · Jan 6, 2023

Wells Fargo terminates employee over unruly behaviour on Air India flight

Wells Fargo said on Friday it had terminated one of its employees in India and was cooperating with local law enforcement, after allegations of misbehaviour onboard an Air India flight.

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The Guardian - UK · Jan 6, 2023

TSB and Santander staff bonuses could be hit after City fines

Exclusive: Pay committees will factor in regulator’s fines over IT meltdown and money-laundering controls

Manchester Evening News · Jan 6, 2023

Investigation launched after another inmate dies at HMP Forest Bank

Sodexo, the private company which runs the jail, confirmed that a prisoner died there on Wednesday.

Dynamite News · Jan 6, 2023

Delhi Police Reaches Out To 'Wells Fargo' Legal Department To Cooperate With Investigation In Air India Urination Case

A day after Delhi Police asked the authority concerned to issue a LOC, now the Delhi Police has reached out to the US-based Wells Fargo company's legal department to cooperate with investigations against accused S Mishra who has been charged under several IPC sections for urinating on an elderly woman…

Liverpool Echo · Jan 6, 2023

Five easy ways to keep on top of your debt in 2023

If you're starting the new year in debt, here are a few things to help you get back on track

Dublin Live · Jan 6, 2023

Ulster Bank closures: All the Dublin branches shutting their doors from today

A further 13 branches will close next Friday, 13 January with the branches to reopen under Permanent TSB at a later date

Caixin Global · Jan 6, 2023

China’s CIC Crowned World’s Largest Sovereign Fund

China Investment Corp. added $129 billion in assets last year, taking its total portfolio to $1.35 trillion

Caixin Global · Jan 6, 2023

China’s AIA, PICC Among Insurers Called Out for Inaccurate Data

The insurance firms get named and shamed after probes into their solvency reporting

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