The Latest Breaking News on Financial Services

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 · Oct 19, 2022

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 · Oct 19, 2022

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 · Oct 19, 2022

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 · Oct 19, 2022

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 · Oct 19, 2022

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 · Oct 19, 2022

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.

ABC News · Oct 19, 2022

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.

AAP · Oct 19, 2022

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.

Bangkok Post · Oct 18, 2022

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

The Guardian - UK · Oct 18, 2022