The Latest Breaking News on Financial Services

The Bank’s operating profit (which the Bank defines as net profit including provisions and contingencies) grew by 33.46% to ₹300.67 crore from ₹225.29 crore in the corresponding quarter of the previous fiscal year

With no rate cuts expected this year, banks’ net interest income (NII) should increase due to the high-interest rates. However, macroeconomic challenges continue to pose a significant risk for banks. Amid this backdrop, will adding Citigroup (C) to your watchlist be wise? Read on to learn my view….

Regulator to write to more than 20 of largest lenders after Nigel Farage’s accounts were threatened with closure

Nationwide Building Society, HSBC UK and TSB are expected to cut some home loan rates from Wednesday.

Italian bank stocks have plunged after the Cabinet approved a proposal to apply a temporary tax on some 2023 bank profits

Action prompted by a non-profit’s complaint to the agency involving six metro areas.

William M. Mahon was a high-ranking City Hall official under three former mayors and had close ties to the Daley family’s political organization.

The bank industry is expected to grow due to economic recovery, increased consumer spending, and digital transformation. However, risks of potential defaults, and slowing loan growth may pose challenges in the upcoming months. Amid this backdrop, it could be wise to add fundamentally strong banking stocks JPMorgan Chase (JPM), Bank…

Sherard Cowper-Coles claimed British government was bowing to US demands in dealing with Beijing