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The Latest Breaking News on Financial Services

Wimbledon urged to drop Barclays as sponsor over fossil fuel links

Climate groups and anti-war activists say bank using reported £20m deal to ‘hide its multitude of sins’

The Guardian - UK

Intellectual property valuation and lending: a guide

What is my IP worth?

The Independent UK

Digital systems dethrone cash as dominant payment type

Online payments have surged in the past year to overtake the rate of cash withdrawals at ATMs, research shows.

AAP

From analysis to the latest developments in health,
read the most diverse news in one place.

Aussies feel social media fails to stop 'scam war'

One in five Australians believe social media giants are encouraging scams to occur on the platforms, a new survey reveals.

AAP

'Doveish hold' feeds through to mortgages as HSBC cuts rates

City Comment: Lower interest rates — finally — should slowly fire up house buyers’ enthusiasm

Evening Standard

Westpac customers in Tennant Creek unable to buy food after ‘disastrous’ branch closure, critics say

Banking watchdog finds Westpac committed ‘serious and systematic’ breaches when closing remote NT branch in 2022

The Guardian - AU

Westpac sanctioned over 'serious' bank closure breach

Westpac breached banking protocols when it suddenly closed an outback branch, leaving the community to rely on a local charity, an investigation has found.

AAP

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Kick It Out hopes to appoint Samuel Okafor as new chief executive

Kick It Out wants to appoint Samuel Okafor, a director of the private bank Coutts, as the anti-racism charity’s new chief executive

The Guardian - UK

Perth Mint urged to come clean on finance law breaches

A clear statement of governance failures is needed from Perth Mint on events leading up to breaches of terrorism financing and laundering laws, a report says.

AAP

Serial rapist in Balding abduction back behind bars

A man convicted over the shocking gang rape of Janine Balding in the 1980s is back in custody less than two weeks after he was released from prison.

AAP

NatWest to take on most of Sainsbury’s Bank

Deal comes as supermarket seeks to offload businesses in order to focus on core grocery arm

The Guardian - UK

Boosting business: award-winning companies share the secret of success

Behind the scenes with the winners of the Lloyds Bank British Business Excellence Awards

The Independent UK

Mouse Shakers, Power Naps: Corporate America Fights 'Keyboard Fraud'

A US banking giant fired more than a dozen employees for "simulating keyboard activity," highlighting a battle within productivity-obsessed corporate America to tame a culture of faking work with gizmos such as mouse jigglers.

International Business Times

Australia’s biggest companies made nearly $100bn in ‘crisis profits’ amid Covid and Ukraine war

Oxfam analysis finds Woolworths, Hancock Prospecting and NAB among companies to rake in much higher profits off the back of crisis conditions

The Guardian - AU

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news in one place.

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The Guardian - UK

HSBC’s Swiss private banking arm breached money-laundering rules, regulator finds

Finma watchdog says bank failed to carry out adequate checks of two high-risk business relationships

StockNews.com

3 Financial Powerhouses to Anchor Your Balanced Portfolio

Financial institutions are experiencing higher transaction volumes and investments, reflecting improved consumer and business confidence. Moreover, technological advancements have revolutionized the financial landscape. Thus, it could be wise to invest in financial powerhouses JPMorgan (JPM), Morgan Stanley (MS), and Goldman Sachs (GS) to anchor your balanced portfolio. Read on….

The Independent UK

Labour sets out plans for hundreds of new banking hubs

The party said its proposals would mean ‘bringing banking back to high streets’.

Evening Standard

Ten arrests after pro-Palestine protesters block entrances to City of London bank

Protesters locked themselves to each other outside Scotiabank

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The Guardian - UK

‘I was abused twice, first by my partner and then by my bank’

Charities are calling for more help for women trapped with mortgages they cannot change because they are controlled by an abusive partner

AAP

Terminally ill Bicycle Bandit admits bank robberies

A bank robber known as the Bicycle Bandit has pleaded guilty and apologised to victims, after his lawyer told the SA Supreme Court the man is dying.

International Business Times

Israel's 'Economic War' Chokes Occupied West Bank

Palestinian teenagers bounced on trampolines and jumped through hoops inside a towering tent on the outskirts of Ramallah, the financial hub of the occupied West Bank.

The Guardian - UK

Ethical banking in the UK: how to put your everyday account to good use

With spotlight on investments behind banks, we ask whether three top providers still offer a good deal

Tom’s Guide

Wells Fargo fires over a dozen employees for faking mouse movements

Multiple employees were fired by Wells Fargo for utilizing mouse jigglers to fake that they were at work.

The Guardian - UK

Barclays suspends sponsorship of Download, Latitude and Isle of Wight festivals

Move follows protests from bands and fans over the bank providing financial services to defence companies supplying Israel

The Guardian - UK

Co-op Bank customers voice anger as business payments taken twice

Some users say they were forced into overdrafts because past transactions were repeated

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