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The Latest Breaking News on Financial Services

Lloyds Bank issues urgent £500 scam warning to all customers during festive season

As Black Friday hits the world by storm with massive discounts and exciting offers, Lloyds Bank are urging their customers to ensure their purchases are legitimate.

Glasgow Live

Shocking table reveals number of ATMs decommissioned in Lanarkshire

Age Concern say the country's vanishing ATM's has negatively impacted the older generation

Daily Record

Welsh small firms greatest appetite in the UK to raise external finance but under performance on equity

On the number and value of equity deals Wales punches below its weight shows new research from the British Business Bank

Birmingham Post

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SSE to sell 25% stake in transmission network for £1.5 billion

A new £750m credit facility has also been put in place to secure long-term funding

Insider UK

The Week Ahead: How investors will be listening for the tune through the noise of the economy

Investors will be greeted with a chorus of economic data in the week ahead. Among those listening for some harmony will be Federal Reserve leaders as they prepare to deliver their last interest rate decision of the year.

Miami Herald

SSE to sell 25% stake in transmission network arm for £1.5bn

SSE told shareholders the deal will ‘help unlock significant growth’ in the transmission business and SSE as a whole.

The Independent UK

Lebanon’s Central Bank Says Audit of Gold Reserves Completed ‘Successfully’

Lebanon’s Central Bank announced on Friday that the audit of the bank’s gold reserves- coins and ingots- which came at the request of the International Monetary Fund, has been completed “successfully.” The bank said that the amount of gold bullions declared corresponded exactly with the quantity of gold in its…

Asharq Al-Awsat

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Lloyds Bank issues urgent £500 scam warning to all customers

As the world cashes in on substantial discounts and alluring offers, the bank are urging people to make sure their purchases are legitimate to avoid losing money

Chronicle Live

Marked slowdown in housing market since mini budget, says LSL Property Services

The trend has impacted the group's estate agency, financial services, valuations, and surveying division

Birmingham Post

Overdue invoices in Scotland hit a 2022 high

More than 100,000 Scottish companies failed to meet payments on time between August and October

Insider UK

'Give me your money or I'll take you to the moors and you'll never be seen again'

When Gary Karucz was arrested, he asked police: "Are you here because I have been loaning money to the homeless?"

Manchester Evening News

Ulster Bank announce fixed mortgage rates increases

Ulster Bank is the latest bank to increase their new fixed rate mortgage rates

Dublin Live

Paused finance bill puts consumers at risk

Delayed financial reforms could put consumers at risk as the rising cost of living pushes households towards dodgy lenders.

AAP

Benchmark indices fall in early trade after three-day rally

MUMBAI: Equity benchmarks fell in early trade on Friday, halting their three-day rally, amid a largely weak trend in other Asian markets.

The Times of India

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Liverpool Echo

DWP Cost of Living payment update for people who didn't get any money

The Government announced financial support for millions of people earlier this year

Daily Record

Michelle Mone clapped for the NHS while allegedly lobbying for PPE deals worth £200million

The Tory peer posted videos supporting the NHS while she lobbied for contracts with the government.

Tribune News Service

Jeffrey Epstein victims sue JP Morgan Chase, Deutsche Bank under NY Adult Survivor Act

Jeffrey Epstein victims sued JP Morgan Chase and Deutsche Bank on Thursday under a new New York law that lifts the statute of limitations for sex abuse and assault lawsuits.

AAP

Sydney executive guilty of huge NAB fraud

Sydney woman Helen Mary Rosamond will remain on bail after being found guilty over a multimillion-dollar NAB fraud.

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The Guardian - AU

Senator raises concerns over lack of checks for crypto businesses seeking financial services licences

Andrew Bragg says businesses promote themselves as regulated – despite there being no regulation of cryptocurrency in Australia

Daily Mirror

Royal Mail's £2bn to shareholders as it refuses staff decent pay rise and plans jobs axe

Royal Mail has dished out £1.9billion to shareholders since it was privatised in 2013 and chief executive Simon Thompson got a pay and perks deal worth £753,000 in its last financial year

Bangkok Post

Amlo to investigate two brokers in MORE case

The Anti-Money Laundering Office (Amlo) plans to investigate two brokers in the More Return Plc (MORE) share transactions case for failing to comply with Amlo's instructions for reporting risky transactions.

Bangkok Post

Krungsri takes 75% stake in Home Credit

Bank of Ayudhya (Krungsri) announced yesterday the 75% majority stake acquisition of the consumer finance business of Home Credit in Indonesia and the Philippines, with an initial total consideration of €473.9 million (17.7 billion baht).

Bangkok Post

KBank foresees stronger baht next year

Kasikornbank (KBank) believes the baht will strengthen next year, dependent on internal factors after the US Federal Reserve eases its policy rate hikes.

The Independent UK

Vatican court hears secret recording of pope on hostage fees

The Vatican tribunal weighing a financial fraud case has heard from an unusual witness

The Independent UK

Epstein victims sue several major banks accusing them of aiding his sex-trafficking operation

Victims say JP Morgan and Deutsche Bank ‘facilitated’ late paedophile’s crimes

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