Thousands of Revolut customers have data hacked as banking app releases statement The Revolut app is popular in Ireland with almost 2 million customers here alone and 20 million worldwide Irish Mirror · Sep 22, 2022
Bank of England says UK in recession as it raises interest rates to 14-year high of 2.25% – business live UK central bank predicts economy shrank for second quarter in a row, after shops closed and many stayed at home for Queen Elizabeth II’s state funeral The Guardian - UK · Sep 22, 2022
Mortgage, loan and credit card bills to go up by hundreds of pounds today Experts are expecting the single biggest leap in rates for 30 years Wales Online · Sep 22, 2022
AP: Probe finds evidence of bank boss' romance with top aide Investigators say they found evidence a former Trump official who heads Latin America’s biggest development bank carried on a romantic relationship with his chief of staff The Independent UK · Sep 22, 2022
Bank of England set for bumper interest rate hike The interest rate is set to soar to the highest level since the financial crisis of 2008 Wales Online · Sep 22, 2022
Ex-Trump official allegedly threatened to "burn" down development bank over affair charges The Inter-American Development Bank is a key financial institution for the Western Hemisphere. Axios · Sep 22, 2022
KBank eyes ESG-friendly strategy Kasikornbank (KBank) is planning a decarbonisation strategy in line with the global environmental, social and governance (ESG) trend, with the bank stopping lending to the coal sector. Bangkok Post · Sep 21, 2022
China Is Quietly Trying to Dethrone the Dollar Regional groups and small banks are helping insulate Beijing against sanctions. Foreign Policy · Sep 21, 2022
Lebanon’s ‘Wonder Woman’ in hiding after bank heist Sali Hafiz has been lauded as a hero in Lebanon after she entered a bank with a replica gun and demanded her money. Al Jazeera · Sep 21, 2022
Iran targeted by apparent cyberattack amid protests The website of Iran’s Central Bank was briefly taken down as the Anonymous hacking group claimed to have targeted websites of several state agencies The Independent UK · Sep 21, 2022
On the run, Lebanese woman who stole own savings says she's not the criminal On the run from authorities after forcing a bank to release her family savings at gunpoint to treat her cancer-stricken sister, 28-year-old Lebanese interior designer Sali Hafiz insists she is not the criminal. Reuters · Sep 21, 2022
With fresh firepower, brutal bank thieves blitz small-town Brazil Shortly before dawn in late June 2019, a heavily armed crew of bank robbers rammed a truck into the Brazilian city of Uberaba's main Banco do Brasil branch. They left the building several hours later with around $5 million dollars in cash. Reuters · Sep 21, 2022
Martin Lewis issues urgent credit card and loan warning to everyone with an outstanding balance If you are struggling to pay off your debt this may be a solution. Daily Record · Sep 21, 2022
‘Risks loom large’: Asian Development Bank cuts growth forecast Manila-based development bank lowers the growth forecast for 2022 from 5.2 percent to 4.3 percent. Al Jazeera · Sep 21, 2022
The Guardian - UK · Sep 21, 2022 Economists call for radical shakeup of Bank’s interest rate committee MPC is dominated by people with little ‘real world’ knowledge and prone to groupthink, says ex-committee member
The Guardian - AU · Sep 21, 2022 Reserve Bank of Australia reports loss of $37bn and plans to cut dividends to Treasury Central bank in negative equity after 2021-22 loss, a review of its pandemic bond-buying program has found
ABC News · Sep 21, 2022 Westpac to close four branches across regional WA as Bankwest reduces opening hours Bank customers across regional WA face more branch closures and reduced opening hours as Westpac announces more closures and Bankwest moves many branches to two or four-day openings.
The Hindu · Sep 20, 2022 Karnataka HC directs Mantri Developers to return money and discharge loan outstanding of litigants who cancelled flat bookings Court restrains financial institution from acting against borrowers, allows it to recover outstanding from the builder
The Times of India · Sep 20, 2022 RBI removes Central Bank of India from corrective action list MUMBAI: The Reserve Bank on Tuesday said Central Bank of India has been removed from the Prompt Corrective Action Framework (PCAF) watchlist following improvement in various parameters and a written commitment that the state-owned lender will comply with the minimum capital norms.
AAP · Sep 20, 2022 Bankwest to close east coast branches About 120 staff members are expected to be affected when Bankwest closes its remaining non-West Australian branches by the end of October.
Insider UK · Sep 20, 2022 Bank expected to unveil big rate hike on Thursday The Monetary Policy Committee is expected to increase rates by 0.75 percentage points
Asharq Al-Awsat · Sep 19, 2022 Beirut Protesters Demand Release of Bank Heist Detainees Protesters scuffled with Lebanese security forces Monday outside the Justice Ministry in Beirut, demanding the release of two people arrested last week during a bank heist. The clash came as a delegation from the International Monetary Fund held meetings in Beirut with officials over the country’s economic meltdown and the…
The Independent UK · Sep 19, 2022 Iran faces US in international court over asset seizure Iran is facing off against the United States at the United Nations' highest court over Washington’s confiscation of some $2 billion in Iranian assets to compensate bombing victims
The Independent UK · Sep 19, 2022 Beirut protesters demand release of bank heist detainees Protesters in Lebanon have scuffled with security forces outside the Justice Ministry in Beirut demanding the release of two detainees who were involved in a bank heist last week
The Times of India · Sep 19, 2022 CBI files charge sheet against Rana Kapoor, Gautam Thapar in Yes Bank fraud NEW DELHI: The CBI has filed a charge sheet against former chief executive and managing director of Yes Bank Rana Kapoor as well as Avantha Group promoter Gautam Thapar in the Rs 466.51 crore alleged fraud in the bank, officials said.