The Latest Breaking News on Financial Services

Bendigo Bank branch in Wanniassa to close in decision 'not made lightly'

The bank has blamed "a change to commercial leasing arrangements at the Wanniassa complex".

The Canberra Times · Aug 31, 2022

Irishman 'fighting back tears' warns others after latest AIB scam 'raided' life savings

Taking to Twitter to urge others to be vigilant of the sophisticated scam, he said: “WARNING: My AIB account was hacked and my life savings absolutely raided. I never thought I could possibly be a victim of fraud but these guys were absolute experts"

Irish Mirror · Aug 30, 2022

Bank of America launches zero-down mortgages for Black, Latino homebuyers in 5 cities

Bank of America has chosen five cities to pilot a new nationwide program aimed to help first-time homebuyers in Black and Latino communities.

Tribune News Service · Aug 30, 2022

RBI mulls setting up of fraud registry to check banking frauds

NEW DELHI: As part of its efforts to strengthen customer protection, Reserve Bank is considering setting up a fraud registry to create a database of fraudulent websites, phones and various modus operandi used for digital fraud.

The Times of India · Aug 29, 2022

China announces 234 arrests in provincial banking scam

Authorities in central China have announced the arrests of 234 people allegedly involved in a scam to bilk people out of their savings with the false promise of high interest rates

The Independent UK · Aug 29, 2022

Revealed: Tony Blair spoke at events run by sanctioned Russian state-controlled bank

Exclusive: Former prime minister participated in series of events, including two after Salisbury nerve agent attack

The Independent UK · Aug 29, 2022

Barclays closed my account but where’s the cash?

One customer living in Greece had his bank account closed but their money disappeared too

The Guardian - UK · Aug 29, 2022

September 11 victims not entitled to seize Afghan central bank assets, US judge says

A US judge recommends that victims of the September 11, 2001, attacks not be allowed to seize billions of dollars of assets belonging to Afghanistan's central bank to satisfy court judgements they obtained against the Taliban.

ABC News · Aug 27, 2022

City regulators clear HBOS ex-bosses of misconduct over bank’s near-collapse

Watchdogs say six-year investigation had determined no grounds for action against unnamed individuals

The Guardian - UK · Aug 26, 2022

Industry Trends Every NeoBank Owner Should Know

Banks and credit unions face the same challenges every year. Some trends affect almost all financial institutions, including brick-and-mortar banks, unions, and even neobanks. Bancography provided its annual 52 pages banking industry analysis for 2022. Let’s summarize and analyze the trends that apply to neobank owners.

Benzinga · Aug 26, 2022