The Latest Breaking News on Financial Services

Ernakulam Consumer Disputes Redressal Commission in Kerala has held a general insurance company and a bank that facilitated insurance coverage accountable for denial of medical insurance claim to a customer and directed them to pay a compensation of ₹2.23 lakh.

Bank announces drop in profits to £6.6bn as it says it plans to return more to shareholders

The bank said today it aims to return £10 billion to shareholders by 2026 with cost cuts of £2 billion

Andrew Bailey tells MPs there are signs that UK economy is picking up, after GDP shrank in the last two quarters

The proposed acquisition would create the biggest credit card company in the US.

Mainland China's shares fell on Tuesday as its central bank announced a record cut to a benchmark lending rate in a bid to boost its struggling economy.

Carter Bank delays auction at Governor Jim Justice's resort to recover defaulted loans. Greenbrier Sporting Club seeks injunction against bank.

Mangaluru-based Karnataka Bank Ltd. (KBL), set up in February 1924 by a group of professionals from diverse fields with an intent to serve the underprivileged, turns 100 on Sunday.

With rivals HSBC and Lloyds set to announce healthy earnings, it will be a tough week for the bank’s boss

The Enforcement Directorate has not found any violation under the Foreign Exchange Management Act during the inquiry of Paytm Payments Bank Limited transactions

Despite facing major setbacks last year, the banking industry is poised for resurgence, buoyed by the higher interest rate environment, heightened consumer spending, and technological prowess. Amid this, let's analyze the fundamentals of two leading players in the banking sector: JPMorgan (JPM) and Bank of America (BAC). Read more….