Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News on Financial Services

Commercial banks have been urged by the Anti-Money Laundering Office (Amlo) to ensure that a new requirement that people using cash deposit machines (CDMs) must verify their identity when making transactions does not leave customers out of pocket.

Bangkok Post

Fitch sees higher earnings ahead for banks

Fitch Ratings expects higher earnings in the Thai banking sector, in line with the country's economic recovery, with loan-loss reserves in the industry having peaked.

Bangkok Post

Senior U.S. Treasury official traveled to Turkey to discuss sanctions on Russia

A senior U.S. Treasury Department official traveled to Turkey this week to discuss sanctions and export controls imposed on Russia following its invasion of Ukraine, the Treasury Department said, as Washington closely monitors growing economic ties between Ankara and Moscow.

Reuters

From analysis to the latest developments in health,
read the most diverse news in one place.

4 Falling Stocks to Cash out of Right Now

Stock market volatility is rife amid the Fed’s hawkish monetary policy stance and widespread recession fear. Analysts have warned of a global recession by mid-2023. Given the market turmoil, we think investors should cash out of Payoneer Global (PAYO), ContextLogic (WISH), LL Flooring (LL), and Mullen Automotive (MULN), which have…

StockNews.com

The Guardian view on big finance: addicted to government handouts

Editorial: Instead of cutting public services, the Treasury should tax the windfall profits of the banking sector

The Guardian - UK

Bank of England officials were excluded from mini-budget discussions

Deputy governor Sir Jon Cunliffe says Bank did not have usual briefing the night before mini-budget

The Guardian - UK

Loan experts and opposition politicians warn homebuyers could end up in higher debts and in borrowing trouble after Central Bank changes mortgage lending rules

'The only real and sustainable solution is a greater delivery of social and affordable housing'

Irish Mirror

Read news from The Economist, FT, and more,
with one subscription

Kwasi Kwarteng failed to brief Bank of England about risks from mini-budget, MPs told

Bank would have warned of any a threat to ‘financial stability’ – but was in the dark about tax cuts to be unleashed

The Independent UK

Bank shares fall with reports Chancellor Jeremy Hunt could impose ‘ludicrous’ windfall taxes on their profits

Analysts hit out at reports as banks set for bumper profits

Insider UK

UK banks brace for ‘windfall tax’ to help plug £40bn hole in public finances

No commitment yet to cut banking surcharge after corporation tax U-turn, with sector facing headline tax rate of 33%

The Guardian - UK

Amazon to launch UK insurance comparison site

Firm extends financial services push, taking on big four sites including Moneysupermarket and Go Compare

The Guardian - UK

HSBC 'green' ads banned because they did not give information on bank's own emissions

The bank was told by the Advertising Standards Authority to ensure 'future marketing communications featuring environmental claims were adequately qualified'

Wales Online

UK Government ‘idle’ as banks are shut reducing access to cash, Scottish Affairs Committee says

Post Office recently confirmed its branches handled the highest volume of cash in August for five years

Insider UK

APRA chair Wayne Byres says falling house prices are 'no bad thing'

The outgoing boss of Australia's banking regulator denies responsibility for the latest housing boom and bust, while adding that the price falls may be good for the nation.

ABC News

Get all your
news in one place.

100’s of premium titles.
One news app.

ABC News

Australian banks close hundreds of branches and ATMs as services move online

Since 2017, Australia has seen a 30 per cent drop in available bank branches nationally, with more than 300 closing in the past financial year.

AAP

More rural towns lose their last bank

The Finance Sector Union says Westpac has announced the closure of 23 of its group's branches across Australia, with the loss of 92 jobs.

Bangkok Post

Cardless deposits banned at kiosks

Depositors will only be able to use plastic cards at cash deposit machines (CDMs) under the Anti-Money Laundering Office's (Amlo) new regulations.

The Guardian - UK

Coal projects outside China becoming ‘uninsurable’, says climate group

As big firms stop insuring coal, complex schemes unlikely to find expertise needed, says Insure Our Future

Get all your
news in one place.

100’s of premium titles.
One news app.

The Guardian - UK

Watchdog bans HSBC climate ads in fresh blow to bank’s green credentials

Lender told it must in future acknowledge its role in climate crisis after ‘misleading’ Cop26 campaign

The Independent UK

HSBC ‘green’ ads banned for omitting information about bank’s own emissions

The posters, seen on bus stops in Bristol and London in October 2021, read ‘Climate change doesn’t do borders’.

Bangkok Post

UOB renews brand with focus on Asean

The bank UOB has unveiled plans to refresh its brand in a bid to reinforce its long-term Asean strategy for a new era of banking.

StockNews.com

2 Stocks You'll Be Glad You Bought in 2022

The stock market has been under immense pressure this year. However, the solid start to the earnings season is lifting investors’ optimism. And we think fundamentally sound stocks Kroger (KR) and Cardinal Health (CAH) which have been gaining despite market downturns, could be worth owning. Read more.

StockNews.com

Five9's CEO Resigns. Is the Stock a Buy or Sell?

Rowan Trollope recently resigned as Five9's (FIVN) CEO, and the stock witnessed a freefall. Moreover, Morgan Stanley recently downgraded the stock. With FIVN down more than 55% in 2022, is it a Buy or a Sell? Let's find out….

The Guardian - UK

Bank is taking a risk in cracking on with first QT sale

Longer delay might have been mildly embarrassing but would be the safer approach

The Independent UK

Bank of England pushes back start of gilt sale to November 1

It came after the central bank earlier denied a postponement of plans to start selling government bonds.

1 … 174 175 176 177

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations