The Latest Breaking News on Financial Services

Complaints in the first half of this year have particularly increased in the banking and insurance sectors, the Financial Ombudsman Service said.

Chief executive’s boast that there is nothing wrong with its business model will sound hollow to those nursing a 97% loss

Lender secures £325m capital from new and existing shareholders and £600m of debt refinancing

A health check on the business sector and consumers will reveal how well the economy is holding up as price pressures persist and interest rates remain high.

Kerala commission advises banks to offer forms, service conditions in regional languages with option for customers to choose language for SMS alerts. Petitioner lost ₹45,000 in fraudulent ATM transactions, but bank argued no negligence. Commission dismissed complaint, but recommended banks offer info in regional languages for debit/credit cards, net banking,…

Lender’s stock hit all-time low after news it was exploring selling off up to 40% of mortgage book

MUMBAI: The Reserve Bank of India on Friday announced doubling the lending limits for gold loans under the bullet repayment scheme for urban cooperative banks to Rs 4 lakh.

Shares have tumbled by 30% in the bank now operating at the edges of its capital requirements

JP Morgan Chase, Santander, Barclays, HSBC, NatWest Group and Lloyds Banking Group were criticised by the consumer champion.