The Latest Breaking News on Financial Services

Glasgow bank entrance blocked by climate activists protesting 'failure' of COP26

Climate activists from Extinction Rebellion locked themselves onto oil barrels at the Glasgow branch of an investment bank a year on from the COP26 summit in the city.

Glasgow Live · Nov 3, 2022

Exclusive-Zambia says EximBank to represent Chinese lenders in debt talks

The Export-Import Bank of China (EximBank) will lead Beijing's team to renegotiate nearly $6 billion of loans that Zambia owes to Chinese state-owned creditors, the country's finance ministry told Reuters on Thursday.

Reuters · Nov 3, 2022

Ant digital bank expands in Singapore with small business loans

Ant Group Co’s Singapore digital wholesale bank will start offering loans to small and medium-sized businesses, as the Chinese fintech giant extends its reach in the city-state.

Bangkok Post · Nov 3, 2022

Four financial counsellors give us their best tips for navigating Australia's cost-of-living crisis

Four financial counsellors offer useful, practical tips — to help those of us struggling with the rising cost of living — to keep our heads above water.

ABC News · Nov 1, 2022

Blunt instrument of interest rates targets inflation but hits borrowers and jobs

Editorial: Interest rates the hammer and the nail

Newcastle Herald · Nov 1, 2022

UOBT wants to double its local retail customer base

United Overseas Bank (Thai) or UOBT has set an ambitious goal to double its retail customer base in the Thai market over the next several years after an integration between UOB Group and Citigroup's consumer banking businesses.

Bangkok Post · Nov 1, 2022

Bank of England begins selling government bonds

Central bank in bid to reduce its emergency stimulus to the economy and fend off claims it has lost its independence

The Guardian - UK · Nov 1, 2022

Three warning signs you are being targeted in new scam, according to Bank of Ireland

Fraudsters are doubling down on their efforts to access customers’ accounts

Dublin Live · Nov 1, 2022

Cyclone, absences threaten to dull Hong Kong finance meeting

A tropic storm and absences of VIP guests are casting a shadow over a financial conference meant to help Hong Kong restore its image as a financial hub and destination for business travel

The Independent UK · Nov 1, 2022

Singapore's UOB completes deal for Citi's Thailand, Malaysia retail banking ops

SINGAPORE: Citigroup said on Tuesday it had completed the sale of its Thailand and Malaysia retail banking businesses to Singapore's United Overseas Bank (UOB) in a transaction expected to result in a regulatory capital benefit of $1 billion.

Bangkok Post · Nov 1, 2022