The Latest Breaking News on Financial Services

Brazil seeks international support for IDB presidency, says Guedes

Brazilian Economy Minister Paulo Guedes said the government is seeking international support for the country's nominee to head the Inter-American Development Bank (IDB), expected to be presented in the coming days, but whose name he did not reveal.

Reuters · Oct 15, 2022

Banker pay unchained: A bonus for the British economy?

City comment: Jeremy Hunt now has the chance to re-examine the disastrous mini-Budget. He should think twice before scrapping the banker bonus cap.

Evening Standard · Oct 15, 2022

A 'shame' as NatWest bank announces closure in Beeston

It will close permanently at the start of next year

Nottingham Post · Oct 15, 2022

Regulators approve U.S. Bank's $8B purchase of Union Bank

Key financial regulators having approved U.S. Bank’s $8 billion acquisition of Japanese financial titan MUFG’s Union Bank franchise

The Independent UK · Oct 14, 2022

Bank CEOs increasingly turning pessimistic on economy

The outlook of the U.S. economy from Wall Street’s biggest banks is getting gloomier and gloomier, after the industry spent the past year and a half trumpeting that the U.S. economy is strong and the U.S. consumer resilient

The Independent UK · Oct 14, 2022

Ukraine's Marchenko to chair IMF, World Bank governing boards in 2023

The shareholders of the International Monetary Fund and World Bank on Friday selected Ukrainian Finance Minister Serhiy Marchenko as the next rotating chair of the boards of governors of both institutions in 2023.

Reuters · Oct 14, 2022

Pound falls further and bonds under pressure despite Government tax U-turn

THE value of the pound has dropped further despite Liz Truss's U-turn on large parts of former chancellor Kwasi Kwarteng's mini-budget.

The National (Scotland) · Oct 14, 2022

Closed bank customers with money still in accounts asked to contact North Lanarkshire Council for withdrawals

All operations at North Lanarkshire Municipal Bank have now ceased

Daily Record · Oct 14, 2022

AIB to increase rates on fixed mortgages as homeowners could fork out extra €300

The bank confirmed the price increases won’t affect current customers, only new customers and those switching

Dublin Live · Oct 14, 2022

€300 hit to new homeowners as AIB announces fixed-rate mortgage price hikes

The bank confirmed the price increases won’t affect current customers - only new customers and those switching

Irish Mirror · Oct 14, 2022