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The Latest Breaking News on Financial Services

2 Defensive Stocks That Deserve a Spot in Your Portfolio

Despite widespread market volatility and rising recession fears, the U.S. economy looks resilient enough to deal with a palpable growth slowdown. Experts are hopeful that the broader markets will stabilize eventually. Amid this, investors should exercise caution and consider adding fundamentally strong and defensive stocks Altria Group (MO) and Sprouts…

StockNews.com

Federal Reserve to slow interest rate rises as it tackles 40-year inflation high

Jerome Powell warned there ‘was more ground to cover’ and rates would stay higher for an extended period

The Guardian - US

3 Safe-Haven Stocks It's Never a Bad Idea to Own

The Fed’s aggressive monetary policy stance created immense recession fear until the inflation showed signs of cooling down in October, and the policymakers hinted at a slower pace of rate hikes. Amid such an uncertain macroeconomic scenario, investors could consider buying safe-haven stocks Johnson & Johnson (JNJ), The Coca-Cola Company…

StockNews.com

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Fraud on payment app Zelle is on the rise. How can you stay safe?

People are increasingly falling victim to fraud on the payment service Zelle, lured by scammers impersonating bank officials via text message or phone call — and in response to the prevalence of fraud, some banks are responding with a plan to reimburse scammed customers.

Tribune News Service

CCTV appeal after Mansfield derelict building fire

Police are keen to speak to a woman in connection with their investigation

Nottingham Post

India GDP halves in September quarter as COVID distortions fade

Economists warned that growth momentum may ease in the December quarter due to higher interest rates, slowing exports.

Al Jazeera

Bank manager stole thousands from widow who was 'sick with worry'

Michael Roberts struggled with a gambling addiction and had debts

Liverpool Echo

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HSBC bank closures: Full list of closures in London and the UK

What HSBC branches are closing across London and when?

Evening Standard

3 Stocks You'll Be Thankful You Own This Winter

Amid cooling inflation, the Fed is most likely to lower its pace of rate hikes over the next months. However, inflation could still remain relatively high next year. Hence, fundamentally strong stocks Lowe's Companies (LOW), Centene Corporation (CNC), and Kroger (KR) might be ideal investments for this winter. Read more.

StockNews.com

PSNI investigating after alleged fuel thefts from two petrol stations

The alleged incidents happened in Comber and Bangor

Belfast Live

England’s water: the world’s piggy bank

England’s privatised water system is owned by funds, banks and billionaires across the world, as this country-by-country breakdown shows

The Guardian - UK

Full list of HSBC closures: is your local branch on it?

HSBC is to shut a further 114 branches – more than a quarter of its network. Here is the list of sites to close

The Guardian - UK

The full list of HSBC closures in Wales as bank announces 114 branches to go

Some branches will start closing in April next year

Wales Online

Full list of HSBC closures including Bristol branches affected

Bristol will go from having six HSBC branches to just two

Bristol Post

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The Guardian - UK

HSBC to close more than one in four bank branches in the UK

Round of 114 site closures in 2023 will cut total to 327 as bank reveals usage by regular customers has fallen by two-thirds

Evening Standard

Full list of London closures as HSBC axes a quarter of its UK branches

The global banking giant is closing 144 of its UK branches

The Guardian - AU

Inflation may now have peaked. The RBA must tread carefully

The next worry for Philip Lowe is he’ll have to apologise for raising interest rates longer than needed

Daily Record

First Direct doubling interest rate on its Regular Saver Account to 7% this week

The bumper boost will be applied automatically to accounts from December 1.

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The Times of India

FAA Recruitment Scam: CBI registers case against 20; raids 14 locations in Jammu, Samba

JAMMU: The CBI sleuths on Wednesday carried out raids at several locations in Jammu and Samba districts in connection with a case related to alleged corruption and irregularities in examination for the posts of Financial Accounts Assistant (FAA) of Financial Department conducted by JK Service Selection Board (JKSSB).

Nottingham Post

Royal aide resigns and apologises after 'unacceptable' comment to black guest

Palace officials say they take the incident 'extremely seriously'

Birmingham Post

North East business confidence remains low but bucks national falling trend

The outlook among the region's firms remained steady

StockNews.com

2 Stocks That Have Wall Street's Stamp of Approval

Despite rampant market volatility ahead of the November jobs data, and possible recession fears, experts believe the U.S. economy is resilient enough to handle a potential growth slowdown. Given the possibility of a year-end rally, quality stocks Pfizer (PFE) and AT&T (T) could now be ideal additions to your portfolio.…

Chronicle Live

HSBC closing 114 banks next year - see full list including three in North East

The bank will shut down more branches in the spring and summer as it sees footfall decline to an 'all-time low'

Manchester Evening News

Full list of HSBC closures as bank announces it will shut 114 branches across UK

Some of the branches being closed served fewer than 250 customers a week

Belfast Live

Full list of HSBC branches including two in NI to close as part of UK wide cuts

114 closures across the UK begin from April

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