Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News on Financial Services

Central agencies turning accused into approvers in cooperative bank case, says CM

Chief Minister Pinarayi Vijayan has lashed out at Central investigation agencies over the prime accused in a cooperative bank scam case turning into approvers.

The Hindu

PMLA Adjudicating Authority confirms ED attachment of assets in former judge’s case

The ED found that the then judge had allegedly received illegal gratification in the form of loan .

The Hindu

Punjab & Sind Bank employee steals over Rs 52 crore from customers' FDs to play online games; ED attaches accused's assets

ED initiated an investigation on the basis of an FIR registered by the CBI against Bedanshu Shekhar Mishra and others relating to bank fraud and misappropriation of funds. Read further on Dynamite News:

Dynamite News

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

ED attaches assets worth of over Rs 4 crore in Delhi in bank fraud case

The Directorate of Enforcement (ED) has attached assets worth of over Rs 4 crore in connection with alleged bank fraud causing loss of Rs 53 crore to Union Bank of India involving Ginni Gold Pvt Ltd. Read further on Dynamite News:

Dynamite News

ING Targeted In New Dutch Climate Legal Case

The Dutch climate activists who won an historic court battle against Shell now have a new target -- top Dutch bank ING. Milieudefensie, the Dutch branch of Friends of the Earth, said Friday they have started legal proceedings against ING, and warned that other top companies could be next.

International Business Times

‘I broke down and cried’: scams are rampant in Australia – and victims feel helpless to stop them

Banks criticised as fraudsters cut through ‘patchwork’ regulations – even scamming a financial watchdog executive

The Guardian - AU

ME Bank fined $820k for misleading home loan customers

ME Bank has admitted sending incorrect letters to hundreds of home loan customers because of a technical software issue.

AAP

Read news from The Economist, FT, and more,
with one subscription

Investment Perspectives Post Discover Financial's Q4 Earnings

Discover Financial Services (DFS) recently unveiled its fiscal fourth quarter results. Given this development, should investors consider buying the company’s shares? Keep reading to find out….

StockNews.com

Sainsbury’s Bank open to offers as retailer plans to exit finance

Company exploring options as it plans to shift focus back to food and retail, rather than services

The Guardian - UK

Bank Overdraft Fees Could Soon Drop Significantly

Consumer watchdog agency eyes dropping some overdraft fees to as low as $3, closing a loophole that it calls a 'massive junk fee harvesting machine.'

Kiplinger

Lenders including Santander continue to cut mortgage rates despite shock inflation rise

“Lenders do not seem to be bothered about the inflation figures at the moment,” one broker said

Evening Standard

Should You Buy Into Comerica (CMA) and Huntington Bancshares (HBAN) Before Earnings Reports Hit?

The banking industry has regained its footing after the major regional bank collapses, but it is still exposed to several risks. As banks Comerica (CMA) and Huntington Bancshares (HBAN) are set to release their fourth-quarter results this Friday, let’s determine if you should buy these stocks ahead of earnings. Read…

StockNews.com

Truist Financial (TFC): Analyzing Signals Prior to Earnings Call

With rising expenses and persistent branch closures, Truist Financial's (TFC) growth prospects seem to be under pressure. In light of these challenges and its fiscal fourth-quarter release right around the corner, does it appear wise to invest in TFC shares? Read more to find out.

StockNews.com

U.S. Bancorp (USB) Earnings Preview: Should You Buy, Sell, or Hold?

In light of economic challenges, heightened reserves for potential defaults, and a conservative approach, should investors consider buying, selling, or holding U.S. Bancorp (USB) before its upcoming earnings release? Read more to find out.

StockNews.com

Get all your
news in one place.

100’s of premium titles.
One news app.

Evening Standard

Nationwide 'out in the cold', brokers say, as it stays out of mortgage rate price war for now

Metro Bank and TSB were among the latest lenders to cut rates

The Hindu

Banks have no power to withhold or retain passport or OCI card: Karnataka High Court

Banks have no power in law to either withhold or retain a passport issued by a foreign country or the Overseas Citizen of India (OCI) card, the High Court of Karnataka has said.

StockNews.com

PNC Financial Services (PNC): Analysts Weigh in on Pre-Earnings Signals

PNC Financial Services (PNC) faces obstacles to expansion, marked by job cuts, the departure of a crucial advisor, and a hefty settlement. Considering these challenges, does it appear wise to invest in this stock ahead of its earnings release? Read more to find out.

StockNews.com

Pinnacle Financial Partners (PNFP) and Citizens Financial (CFG) - an Investor's Perspective Ahead of Earnings

Despite recovering from the collapses of three major regional banks that occurred earlier last year, the U.S. banking sector continues to be vulnerable to funding pressure and weak capital levels. Given this backdrop, let’s determine if you should buy or sell bank stocks Pinnacle Financial Partners (PNFP) and Citizens Financial…

Get all your
news in one place.

100’s of premium titles.
One news app.

The Independent UK

Former chairman of state-owned bank China Everbright Group arrested over suspected corruption

Chinese prosecutors say the former chairman of state-owned Chinese bank China Everbright Group has been arrested on suspicion of corruption and bribery

The Hindu

RBI cancels licence of Hiriyur Urban Co-op bank with immediate effect

The Reserve Bank of India cancelled the licence of The Hiriyur Urban Co-operative Bank Ltd in Karnataka

Chicago Sun-Times

Former Citi VP in Chicago charged with elder fraud

Helen Caldwell, whose actions were spotlighted in an Injustice Watch investigation published by the Sun-Times, is charged with bilking $1.5 million by steering elderly banking clients to invest in her side deals producing slasher movies.

International Business Times

US Banks Report Mixed Results, See Consumers As Still Fairly Healthy

Large US banks reported mixed results Friday, dented by exceptional costs connected to job cuts and to replenishing a federal fund tapped during last year's crisis involving midsized lenders.

The Hindu

ED arrests five in ₹56,000-crore bank fraud case against Bhushan Steel

The Enforcement Directorate has arrested five persons in connection with the alleged ₹56,000-crore bank loan fraud committed by Bhushan Steel Limited and others.

The Hindu

Despite crackdown, ‘courier scam’ continues unabated

A day after the Special Investigation Team (SIT) formed by Bengaluru Police Commissioner B. Dayananda to probe the ‘FedEx courier scam’ unearthed a case and arrested a gang of 14 people operating pan India recently, a couple who are retired bank employees approached the police with a complaint that they…

The Guardian - UK

Former head of bank linked to Greensill Capital fined by UK regulator

CEO of Wyelands Bank, part of steel magnate Sanjeev Gupta’s empire, committed ‘serious’ rule breaches

1 … 45 46 47 48

People

Mangeet Kaur BounsMangeet

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

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.