The Latest Breaking News on Financial Services

There’s an obvious reason for the delay. But the banks still need to compete on savings rates to finance their operations

UK arm brands FCA’s compensation scheme ‘overreach’ as Spanish owner signs surprise $12bn takeover of Webster Bank in US

Closure of one in eight sites puts almost 300 branch-based workers’ jobs at risk

The FTSE 100 index today traded higher in a session when the price of gold extended its rally to near $5600 an ounce.

Al Habtoor Group, based in the United Arab Emirates, is closing its operations in Lebanon and laying off all employees

The major bank is planning to drastically reduce its retail footprint and will axe up to 10 percent of its stores

Formula 1 and F1 Academy have signed a multi-year partnership with Standard Chartered, making the bank an official F1 partner and supporting the development of female talent through F1 Academy

The Saudi Central Bank has released a 2026-2029 holiday schedule for financial institutions, aiming to enhance market transparency and operational continuity. This long-term plan provides advance notice for major religious observances like Eid Al Fitr and Eid Al Adha, alongside fixed national holidays, enabling better financial planning for businesses and…

Dmitrii Ovsiannikov, who had held senior roles in Russian government, used a variant spelling of his name to access UK banking system