The Latest Breaking News on Financial Services

The World Bank has warned India’s uneven recovery could soon falter

MALAPPURAM

The Bank of England recently unpacked £65 billion ($72 billion) in an emergency measure to avoid a crash in government bond prices. Without the intervention, the U.K.’s pension funds, which rely heavily on bond holdings, would have entered default. A larger economic crisis was averted.

The stock market has been experiencing wild swings this year, with inflation at a multi-decade high and the Fed aggressively raising interest rates to bring it under control. Amid rising recession worries, we think fundamentally weak stocks, Advanced Micro Devices (AMD), Block (SQ), Ginkgo Bioworks (DNA), Rocket Lab USA (RKLB),…

Tandem Bank is also looking to move to larger offices in the centre of the capital

Ukraine's new central bank chief vowed on Friday to protect its independence and hailed the country's banking system for continuing to work "seamlessly" though the war with Russia.

Lebanon’s banks have been in crisis for months as depositors demand access to their savings.

Lebanese banks have unanimously decided to close their doors to clients indefinitely after a series of holdups by depositors seeking funds frozen in the banking system because of the country's financial meltdown, two bankers told Reuters. Banks will continue urgent operations for clients and back-office services for businesses, the bankers…

Property market turmoil is unsettling both first-time buyers and those remortgaging, We set out their options

Australia's Reserve Bank says its rapid interest rate rises could see some mortgage owners fall into arrears, and some even having to sell their homes.

Reserve Bank warns households with high debt relative to income are ‘particularly vulnerable to shocks’