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The Latest Breaking News on Financial Services

Thief makes off with load of cash after smashing into Lloyds bank during night raid

Merseyside Police received reports of a robbery shortly after 2.30am this morning

Liverpool Echo · Nov 8, 2022

HSBC offering new customers free £200 within 20 days after switch criteria met

HSBC UK and Nationwide Building Society are both offering £200 to customers who switch banking services.

Daily Record · Nov 8, 2022

UK bank says it will give people £200 cash for free

HSBC, Nationwide, First Direct and Lloyds Bank have cash offers

Liverpool Echo · Nov 8, 2022

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Jacinda Ardern slams banks for taking huge profits during cost-of-living crisis: ‘I’m simply being frank’

New Zealand’s banking companies post before-tax profits of $9.7bn in the twelve months till June

The Independent UK · Nov 8, 2022

First Foundation CEO on his journey from grocery bagger to founder of an $11 billion bank

DALLAS — Scott Kavanaugh is a two-time bank founder.

Tribune News Service · Nov 8, 2022

Tisco expects to beat full-year loan growth target of 5%

Tisco Bank expects total loan growth for 2022 to exceed its 5% full-year target after booking credit expansion of 5% for the first nine months amid economic recovery.

Bangkok Post · Nov 7, 2022

Is HSBC down? Customers report error code and app issues

HSBC customers were left unable to navigate their mobile and online banking with others reporting issues with their credit cards.

The National (Scotland) · Nov 7, 2022

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2 Stocks Investors Shouldn't Waste Their Money On

The Fed’s aggressive rate hike regime has heightened recessionary concerns. Therefore, fundamentally weak stocks Plug Power (PLUG) and Peloton Interactive (PTON) might be best avoided. Read more.

StockNews.com · Nov 7, 2022

Houghton-le-Spring bank worker who stole £6,000 from customer to pay online gaming debts walks free

Barry Nicholson, of East Rainton, abused his position of trust while working for Barclays Banks to empty a student's savings account

Chronicle Live · Nov 7, 2022

Current account customers can get as much as £200 by switching bank accounts

HSBC UK and Nationwide Building Society are both offering £200 to current account customers to switch.

The Independent UK · Nov 7, 2022

NAB blasted for incorrect customer fees

The Federal Court has found that National Australia Bank engaged in unconscionable conduct by overcharging customers in periodic payment fees for several years.

AAP · Nov 7, 2022

GSB non-bank unit to kick off in 2023

The Government Savings Bank's (GSB) non-bank subsidiary is expected to start operation in the second half of next year, says GSB president Vitai Ratanakorn.

Bangkok Post · Nov 6, 2022

BBL eager to maintain international loan ratio

Bangkok Bank (BBL) plans to maintain the loan proportion of its international banking business at the existing level of 24-25% of total loans for the next few years, despite the high growth potential of regional markets.

Bangkok Post · Nov 6, 2022

WBC profit at $5b-plus, rates yet to bite

Westpac has posted an annual profit of $5 billion-plus and says while interest rate rises will bite, many customers remain ahead on their mortgage repayments.

AAP · Nov 6, 2022

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ABC News · Nov 6, 2022

How long after missing a mortgage payment does a home get repossessed? A financial counsellor says it doesn't have to come to that

The prospect of the bank repossessing your home is frightening, but it doesn't have to come to that. Here are some things you can to if you're having difficulty paying off your home loan.

Bangkok Post · Nov 6, 2022

Vietnam central bank chief says it can provide liquidity to the banking system

HANOI; Vietnam's central bank is willing to provide liquidity to the local banking system, Governor Nguyen Thi Hong said on Sunday, as lenders face pressure from higher interest rates and tightening credit conditions.

Liverpool Echo · Nov 5, 2022

Urgent warning issued to shoppers with a HSBC account

The bank issued a statement on Friday night

Daily Mirror · Nov 5, 2022

HSBC customers' anger after being left without money for hours in major outage

HSBC UK online banking suffered a major outage on Friday night which lasted for three and half hours leaving many people stranded and unable to pay for their shopping or travel

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news in one place.

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Wales Online · Nov 5, 2022

HSBC UK customers unable to pay for meals and shopping due to online banking outage

The bank announced in a 1.37am tweet that the problem had been resolved

Tribune News Service · Nov 5, 2022

US Bank CEO wants workers back in the office three days a week

In the ongoing tug-of-war between companies and workers about returning to the office, U.S. Bancorp CEO Andy Cecere recently made a plea to employees to start coming in more regularly.

Tribune News Service · Nov 4, 2022

Inflation is ‘insidious’: Bank of America CEO Brian Moynihan talks possible recession

Brian Moynihan took on one of the toughest jobs in the world in 2010: turning around the largest bank in America following a devastating financial crisis.

Caixin Global · Nov 3, 2022

China and Pakistan Set Up Offshore Yuan Clearing

South Asian nation becomes third country to do so this year, enabling use of Chinese currency in cross-border trade and investment

Evening Standard · Nov 3, 2022

What does the latest interest rate hike mean for me?

Interest rates have gone up to 3% which means people, especially mortgage holders, will face higher borrowing costs.

Bangkok Post · Nov 3, 2022

BoE: Britain faces two-year recession

LONDON: The Bank of England raised interest rates to 3% on Thursday from 2.25%, its biggest rate rise since 1989, but it pushed back against expectations for further steep hikes, saying Britain faces a painful recession that could last two years.

The National (Scotland) · Nov 3, 2022

Climate activists target fossil fuel backing bank in Glasgow on eve of COP27

XR activists staged a protest outside of JP Morgan's Glasgow office

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