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The Latest Breaking News on Financial Services

White House condemns World Bank chief Malpass's climate comments

The White House on Friday said it condemned recent comments on climate change by World Bank President David Malpass, who came under fire this week after he declined to say whether he accepts the scientific consensus on global warming.

Reuters · Sep 23, 2022

Union Bank of India opens ethical hacking lab

Hyderabad

The Hindu · Sep 23, 2022

Pivotal buys Danske Bank UK's Northern Ireland non-bank ATM network

The deal sees 107 ATMs come under Pivotal's control while Danske Bank will retain ownership of its 85-strong branch ATMs

Birmingham Post · Sep 23, 2022

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Police launch investigation after early morning bank raid at Barclays in Altrincham

Thieves fled empty-handed after smashing the front doors

Manchester Evening News · Sep 23, 2022

Air filter firm invests in UK operations as it shortens supply chain

Somerset-based Jasun Envirocare said it had seen a rise in demand for its air filtration system since the start of the Covid-19 pandemic

Birmingham Post · Sep 23, 2022

'We won't do an NIB': Greater and Perm bosses

The Perm and Greater Bank chairmen addressed the merger subject at the Newcastle Institute's September event

Newcastle Herald · Sep 22, 2022

Political divide snags the digital update to anti-redlining law

Federal bank regulators' efforts to modernize the 45-year-old law known as the Community Reinvestment Act to reflect the rise of digital banking are raising accusations of partisanship, a claim that those digging into the details say is likely unfounded.

Tribune News Service · Sep 22, 2022

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Inside old Stewartstown Ulster Bank building transformed into coffee shop

The building and grounds were bought over recently by local businessman Don Ryan

Belfast Live · Sep 22, 2022

How to avoid investment fraud as cases more than double in the last six months

In July alone, 80% of personal customer losses were down to investment fraud.

Irish Mirror · Sep 22, 2022

Martin Lewis issues advice on how interest rate hike will affect mortgages and savings

The money-saving expert took to Twitter to share his thoughts on the Bank of England's announcement

Manchester Evening News · Sep 22, 2022

Owner of former East Lothian bank begs to turn it into home after failing to sell it

The former Royal Bank of Scotland building was bought for double the asking price four years ago but attempts to win planning permission to turn it into a home have been rejected by planners unwilling to lose a commercial unit in the seaside town

Edinburgh Live · Sep 22, 2022

What the interest rate hike means for you and your wallet

It may now be a good idea to start saving your money as interest rises once again in the UK

Manchester Evening News · Sep 22, 2022

RBI cancels licence of Maharashtra-based Laxmi Co-operative Bank

NEW DELHI: The Reserve Bank of India (RBI) on Thursday cancelled licence of The Laxmi Co-operative Bank Limited in Solapur, Maharashtra citing inadequate capital and earning prospects.

The Times of India · Sep 22, 2022

Lebanese banks decide to stay shuttered, over security fears

Lebanon's embattled banks have decided to remain indefinitely closed after rejecting a proposed government security plan

The Independent UK · Sep 22, 2022

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The Guardian - UK · Sep 22, 2022

Mortgage lenders put up interest payments before Bank’s base rate hike

Increased charges could add thousands to some people’s home loan costs

The Guardian - UK · Sep 22, 2022

Interest rate hike points to the Bank keeping its foot firmly on the brake

The half-point rise wasn’t the limit of the measures announced by a central bank accused – until now – of acting too slowly on inflation

Evening Standard · Sep 22, 2022

Borrowers rush to get new fixed term mortgage deals as rates jump again

Worried homeowners are ripping up fixed rate mortgage deals to lock in again ahead of further huge rises in borrowing costs, brokers said today.

Manchester Evening News · Sep 22, 2022

Bank of England announces highest interest rate since 2008 - with country already in recession

The bank hopes to bring inflation under control with interest rate changes

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Daily Record · Sep 22, 2022

Interest rates soar to highest level in 14 years as country already 'in recession'

BREAKING: Mortgage payments will rise as the Bank of England tries to cool an over-heating economy.

Birmingham Post · Sep 22, 2022

Bank of England raises interest rates to 2.25% - the highest level since the financial crisis

Monetary Policy Committee moves to tackle inflation

Wales Online · Sep 22, 2022

Interest rates surge to 2.25% as UK 'already in recession'

Mortgage payments will go up along with some loan and credit card debts

The Independent UK · Sep 22, 2022

Interest rates rise by 0.5% as Bank of England says UK ‘already in recession’ OLD REDIRECTED

The UK interest rate is now the highest level since 2008

Liverpool Echo · Sep 22, 2022

Lloyds Bank offers biggest ever switching bonus amid cost of living crisis

Here's how you can get your hands on the money

Reuters · Sep 22, 2022

Swiss National Bank exits negative rates era with 0.75% hike

Switzerland exited the era of negative interest rates on Thursday when its central bank joined others around the world in tightening monetary policy more aggressively to combat resurgent inflation.

Al Jazeera · Sep 22, 2022

Lebanon banks will remain shut indefinitely after ‘heists’

Banking association says it’s too dangerous to open after depositors began entering branches and demanding their money.

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