The Latest Breaking News on Financial Services

Thinking that having credit available means you have another source of income is misguided.

Cheers and sobs of relief broke out in a federal courtroom in Kansas as dozens of people whose life savings had been embezzled by a bank CEO learned federal law enforcement had recovered their money

Westpac has posted an annual profit of $7 billion and lifted its final dividend, in Peter King's last financial result as chief executive.

The U.S. Securities and Exchange Commission has charged J.P. Morgan Securities and J.P. Morgan Investment with misleading brokerage customers with inaccurate disclosures, breaching its fiduciary duty, engaging in prohibited joint transactions and principal trades, and failing to make recommendations that serve the best interests of its customers.

J.P. Morgan Securities and J.P. Morgan Investment were accused of misleading customers with inaccurate disclosures, breaching its fiduciary duty and engaging in prohibited joint transactions and principal trades.

It's simpler than you think.

Analysts forecast bank will have to halve £2bn buyback plan, as ex-boss of City regulator blames watchdog for crisis

A new law meant to protect residents inadvertently barred most major banks from conducting securities business in Florida, halting transactions for four weeks.

Industry and Treasury hold urgent talks after court of appeal rules consumers were mis-sold loans

Australian retailers are finally starting to see a more upbeat consumer, though spending is unlikely to be strong enough to fan the flames of inflation.

Swiss banking giant UBS said Wednesday it earned a net profit of $1.4 billion in the third quarter, beating analyst expectations.