The Latest Breaking News on Financial Services

Feds, defense lawyers argue over Russell Laffitte’s money and role in Murdaugh’s schemes

COLUMBIA, S.C. — Former Hampton banker Russell Laffitte, who faces some 30 years in prison in connection with Alex Murdaugh’s alleged fraud schemes, should not have his current bond conditions relaxed, federal prosecutors said Aug. 31 in a new filing they say shows the seriousness of his crimes.

Tribune News Service · Sep 6, 2022

Four more banking hubs announced for Scotland

Last year's pilot project in Cambuslang has proved very popular with the local community

Insider UK · Sep 5, 2022

HSBC, First Direct and Metro Bank join anti-scam phone service

The 159 service quickly and securely connects the public with their bank if they believe they have been a target of fraud.

The Independent UK · Sep 5, 2022

Exec who sued for £800,000 after boss asked her to babysit loses harassment case

The tribunal ruled the comment was just a joke

Wales Online · Sep 5, 2022

China policymakers see renewed urgency for economic support

Chinese policymakers signalled a renewed sense of urgency on Monday for steps to shore up the flagging economy, saying this quarter was a critical time for policy action as evidence points to a further loss of economic momentum.

Reuters · Sep 5, 2022

Money Transfer Firms Replace Banks in Lebanon

Like many people in crisis-hit Lebanon, Elias Skaff used to wait for hours to withdraw cash at the bank but now prefers money transfer companies as trust in lenders has evaporated, AFP reported. Anyone who relies on traditional banks to receive their money "will die 100 times before cashing it",…

Asharq Al-Awsat · Sep 4, 2022

Mortgage holders brace for rates decision

All eyes will be on the Reserve Bank of Australia's official cash rate announcement on Tuesday as new data sheds light on the state of the economy.

AAP · Sep 3, 2022

Hollyoaks' Adam Rickitt in tears as scammers steal 'tens of thousands of pounds'

Adam Rickitt warned Instagram followers about a scam he had been caught up in, which resulted in him losing enormous sums of money. The actor said that the fraudsters 'knew everything' about him and his banking history

Irish Mirror · Sep 2, 2022

Wells Fargo ordered to pay $22 million to fired manager

The U.S. Labor Department said the bank retaliated against the ex-employee for alleging that its business practices violated laws.

Chicago Sun-Times · Sep 1, 2022

AIB issue urgent warning to all Irish customers as new tricks fooling bank users

Scams are on the rise and people are being left out of pocket

Irish Mirror · Sep 1, 2022