The Latest Breaking News on Financial Services

EU-US trade deal hits investor confidence; Tesla awards Elon Musk almost $30bn of shares – as it happened

Rolling coverage of the latest economic and financial news, as shares in Lloyds and Close Brothers jump

The Guardian - UK · Aug 4, 2025

High street banks lose £100bn in deposits as UK savers shift to online rivals

KPMG says higher savings rates are fuelling move to challenger banks, specialist lenders and building societies

The Guardian - UK · Aug 3, 2025

Bank of America Stock Slides Amid Dual Shocks Of Recession Fears And Geopolitical Threats

Shares of Bank of America Corp (NYSE:BAC) are falling Friday afternoon, caught in a broad market sell-off driven by a one-two punch of alarming U.S. economic data and an escalation in geopolitical tensions.

Benzinga · Aug 1, 2025

Smart Ways to Save Money at Museums

Want to save money at museums, art galleries, zoos and gardens? Use these tips to get free or discounted admission to national and local collections.

Kiplinger · Jul 31, 2025

London Court Rules Oligarch Liable Over $1.9 Bn Ukraine Loan Scheme

The Ukrainian oligarch Igor Kolomoisky and his former business partner are likely to be forced to repay $1.9 billion that they "unlawfully" appropriated from a Ukrainian bank they owned, London's High Court ruled Wednesday.

International Business Times · Jul 30, 2025

Santander axes 2000 jobs and warns more cuts are possible

High street lender Santander UK revealed it has axed over 2,000 jobs and warned more roles may need to be cut as part of an ongoing overhaul.

The National (Scotland) · Jul 30, 2025

HSBC Banks Lower Profits On Higher Costs

Bank giant HSBC said Wednesday that group profits fell in the first half on higher costs but noted that it was "well positioned" to deal with the effects of US tariffs.

International Business Times · Jul 30, 2025

HSBC boss says Rachel Reeves putting up bank taxes would harm UK growth

Georges Elhedery’s comments come amid speculation the chancellor could make such a move in autumn budget

The Guardian - UK · Jul 30, 2025

Major bank slashes thousands of jobs in company overhaul

Santander reported a 5 per cent decline in pre-tax profits, reaching £764 million for the first six months of 2025

The Independent UK · Jul 30, 2025

JPMorgan In Advanced Talks To Take Over Apple Card Program: Report

JPMorgan Chase Co (NYSE:JPM) is in late-stage negotiations to take over Apple Inc’s (NASDAQ:AAPL) credit card partnership from Goldman Sachs Group Inc (NYSE:GS), according to a Wall Street Journal report.

Benzinga · Jul 29, 2025