The Latest Breaking News on Financial Services

The troubled high street lender said the moves are part of plans to ramp up cost savings to £50m a year.

The Lloyds Banking Group-owned brands will close the branches next year, starting in March and April.

Ernakulam District Consumer Disputes Redressal Commission orders nationalised bank to refund ₹39,507 to credit card holder and pay ₹35,000 compensation for unauthorised withdrawal. Commission cites Kerala High Court ruling that bank cannot deny liability despite RBI's limited liability circular. Bank should not have approved transaction exceeding established limit, highlighting flaw…

CEO Charlie Nunn calls for measures such a windfall tax to be ruled out before next general election

Jaime Gilinski Bacal to increase stake to 53% as lender secures £325m in new capital and £600m of debt

Central banks must be credible to be effective and that means separating rates decision-making from short-term government priorities

Stealing money from bank accounts, forbidding or sabotaging work, controlling or unevenly splitting household expenses: financial abuse in intimate relationships persists in France. Often undetected, it’s frequently linked to physical violence.

Bank of England's Andrew Hauser will be the next deputy governor of Australia's central bank, bringing a "fresh, global perspective" to the key institution.

HSBC UK said an ‘internal system issue’ had caused the disruption, but banking services are ‘getting back up and running’.