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The Latest Breaking News on Financial Services

Card-skimming scam nets almost $1m before pair charged

Federal police are investigating whether two Romanian men arrested over the alleged card-skimming scheme had any links to an earlier scam.

AAP

JPMorgan’s Dimon warns of US stagflation risk: Report

Economists echo Jamie Dimon’s concerns as US credit downgrade and tariff-driven uncertainty continue.

Al Jazeera

HSBC high street bank staff face bonus cuts over remote working

Bank’s UK division hardens hybrid working policy with requirement to spend at least 60% of time in office

The Guardian - UK

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Lloyds account ‘will help empower affluent customers to reach financial goals’

The bank said the Lloyds Premier account is a ‘strategically important milestone’ in its growth ambitions for affluent customers.

The Independent UK

The $425 Million Capital One 360 Savings Settlement: Who’s Eligible for a Payout and What Happened?

Capital One agreed to a $425 million settlement over its 360 Savings account interest rates. Here’s what you need to know.

Kiplinger

Breakthrough in India manhunt for suspect in 24-year-old woman’s East London murder

Pankaj Lamba reportedly caught on surveillance camera taking cash from bank in northern India

The Independent UK

Couple tried in New Zealand after escaping on business class flight after $2m fraud

Neha Sharma remains in jail in New Zealand with her baby while husband awaits sentencing

The Independent UK

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Santander UK freezes salaries and cuts jobs in commercial banking arm

Exclusive: Bank also set to slash bonuses in wider shake-up that could help make it more attractive to potential buyers

The Guardian - UK

Five common banking mistakes – and how to avoid making them

If you are sticking loyally with a bank, using an overdraft or failing to read the small print, you may well be losing out

The Guardian - UK

World Bank says Syria eligible for new loans after debts cleared

Saudi and Qatari payments settle Syria’s arrears, allowing World Bank and IMF to re-engage.

Al Jazeera

'Eye-watering': CBA shares break all-time highs

Commonwealth Bank shares have surged to record levels yet again, but experts say its earnings don't justify the price tag.

AAP

US reportedly plans to slash bank rules imposed to prevent 2008-style crash

Watchdogs could cut capital rules as Trump’s deregulation drive opens door to rollback of post-crisis protections

The Guardian - UK

‘Significant doubt’ revealed over Bank of London’s ability to keep operating

Auditors question if Peter Mandelson-linked firm can raise adequate funding after news of regulator’s investigation

The Guardian - UK

Nationwide £100 bonus payment to be revealed this week – what you need to know

The payment has been given to millions customers for the past two years

The Independent UK

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The Guardian - UK

Metro Bank risks backlash over £60m bonus scheme for chief executive

Shareholder advisory firms concerned long-term reward plan could pay out to bosses regardless of performance

The Guardian - UK

BlackRock to order senior managers back to office five days a week – reports

New-York based asset management company about to issue new guidance, according to FT

Kiplinger

Check Your Mailbox: Wells Fargo Settlement Payments Have Begun

Wells Fargo settlement customers whose mortgages were placed in forbearance without their permission should keep an eye on the mail, as checks are going out.

The Guardian - UK

Man charged with murder after stabbing at Lloyds branch in Derby

Haybe Cabdiraxmaan Nur charged over killing of ‘humble, quiet and kind guy’ Gurvinder Johal

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Evening Standard

Man charged with murder after fatal stabbing inside city centre bank

Haybe Nur Cabdiraxmaan, 47, from Mickleover in Derby, has been charged with the murder of Gurvinder Singh Johal in Derby.

The Independent UK

Man charged with murder after fatal stabbing inside Lloyds bank

A second man in his 30s has been released without any further action

Reason

Are Employment Lawyers Disclosing the Reputational Risks of Litigation to Their Clients?

From Monday's decision by Judge Woods in Hui v. Federal Reserve Bank of N.Y. (S.D.N.Y.): On April 30, 2025, Plaintiff… The post Are Employment Lawyers Disclosing the Reputational Risks of Litigation to Their Clients? appeared first on Reason.com.

International Business Times

Credit Suisse to Pay $511 Million for Helping US Taxpayers in Hiding Money Offshore

Credit Suisse will pay $511 million for helping wealthy Americans hide $4 billion in offshore accounts.

The Guardian - UK

UK ministers to meet bank bosses over lending to small businesses

Rachel Reeves concerned that lenders’ restrictions are holding back growth in the SME sector

The Guardian - UK

NatWest profits soar by 36% as full privatisation looms

Government stake reduced to less than 2% while bank’s profit of £1.8bn beats analyst forecasts by £200m

The Guardian - UK

Barclays to bar trans women from using its female bathrooms

Boss confirms policy change as businesses move to comply with recent supreme court ruling

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