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The Latest Breaking News on Financial Services

'Major blow' for retail and residents as bank to close Ayrshire branch

Councillors unite over Cllr Alec Clark's call to put pressure on the Bank of Scotland which announced plans to close the branch in February 2024.

Daily Record

Emma Thompson joins celebs fuming at Wimbledon change after switch-up this year

Emma Thompson has signed a letter to the CEO of Wimbledon objecting to one of its sponsors ahead of the tennis tournament kicking off in South West London today

Daily Mirror

Urgent warning as free £200 switching offer to bank customers ends tonight

Savvy customers could nab £200 if they hurry - HSBC's switching offer ends at midnight today.

Daily Record

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Delhi HC dismisses PIL against withdrawal of ₹2,000 notes

The Delhi High Court on July 3 dismissed a public interest litigation (PIL) challenging the Reserve Bank of India (RBI’s) decision to withdraw ₹2000 denomination currency notes from circulation.

The Hindu

MPs launch inquiry into challenges small firms face when seeking finance

As borrowing costs soar, committee will look at regulation of small business lending as part of process

The Guardian - UK

Urgent warning as bank customers have just hours left to claim £200 - how to apply

People have just hours to capitalise on a bank hack which will see you £200 of free money, or other perks, with a quick and easy trick

Daily Mirror

Scottish business confidence shoots up in June

Scotland reported the second highest confidence reading across all the UK's nations and regions this month

Insider UK

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Business confidence in the South West remains high according to latest Lloyds research

According to the latest business barometer business confidence fell one point in June to 29%

Birmingham Post

Thai banks top Asean bad debt rankings

Thailand's top three banks have combined non-performing loans (NPLs) of more than US$9.6 billion, the highest in Southeast Asia, but Thai banks overall still have a high level of reserves for bad debts, says the Federation of Thai Capital Market Organizations (Fetco).

Bangkok Post

Nigel Farage says he cannot open UK bank account due to prejudice against him

NIGEL Farage has said he has been left unable to open a UK bank account because of his political opinions.

The National (Scotland)

NS&I exceeded its financing target following US banking sector uncertainty

NS&I, which is backed by the Treasury, said it unexpectedly received a number of high-value deposits at the very end of the financial year.

The Independent UK

Sri Lanka declares five-day holiday to avoid bank run over IMF debt deal

Banks closed to prevent rush on desposits as IMF bailout deal is put to parliament

The Independent UK

Russian bank executive, 28, dies in mystery plunge from window of her Moscow apartment

Kristina Baikova, who was the vice-president of Loko Bank at the age of just 28, fell out of the apartment window on in Moscow on the evening of June 23

Daily Mirror

Banks unveil plans to boost savings rates

First Direct said it had reviewed its interest rates ‘to ensure our customers receive a competitive return’.

The Independent UK

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Bristol Post

Plans to convert bank in the heart of Bedminster into new home for 60 people

The project will also include the pharmacy and a closed-down bookmakers next door

Birmingham Post

Handelsbanken rings up 15 years in Grimsby with expansion to Europarc

'A great endorsement of future investment, with bigger premises to serve the people and businesses of Grimsby'

The Independent UK

Federal Reserve may tighten financial rules after US bank failures, Powell says

Federal Reserve Chair Jerome Powell says the central bank may have to tighten its oversight of the American financial system after the failure of three large U.S. banks this spring

Bangkok Post

Ant Group supports local partners on inclusive financial services

Ant Group continue to support its local partners in Thailand to develop inclusive financial services i.e cross-border payment solution, virtual bank etc. for local consumers and business communities. However, the company is mainly focusing on cross-border payment solution in the Thai market, said general manager for global merchant partnership of Thailand…

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Bangkok Post

Fitch Ratings registers interest in virtual banks

Fitch Ratings believes there is significant interest and momentum in Thailand's virtual bank application process, even though the timeline has been extended.

The Hindu

ED attaches assets worth ₹517.81 crore of SKS Ispat & Power Ltd

The Enforcement Directorate has attached assets worth ₹517.81 crore of SKS Ispat & Power Ltd in the form of land, building, plant and machinery, in connection with an alleged bank fraud case of ₹895.45 crore involving Cethar Ltd.

Chronicle Live

Martin Lewis' Money Saving Expert reveals free £200 cash hack - but you'll have to act fast

HSBC is offering the cash sum to new customers who switch to its HSBC Advance current account by Monday coming (July 3).

Edinburgh Live

Martin Lewis' MSE urges Brits to cash in on free £200 - but you need to act fast

The Money Saving Expert newsletter is urging Brits to take advantage of a cash bribe for new customers to open an Advance current account before Monday, July 3.

Daily Mirror

Martin Lewis’ MSE explains how to get free £200 - but you need to be quick

HSBC is offering the cash bribe to new customers who switch to its HSBC Advance current account by Monday (July 3) - here is everything you need to know

The Times of India

Indian economy makes solid recovery despite global headwind: RBI governor Das

MUMBAI: Reserve Bank governor Shaktikanta Das on Wednesday said that the Indian economy has made a solid recovery and is among the fastest-growing large economies despite heightened uncertainties and formidable headwinds.

Bangkok Post

Baht at 7-month low on political uncertainty

The Thai baht weakened to a seven-month low on Wednesday as political uncertainty dampened investor appetite, while most other emerging Asian currencies also depreciated against a firmer dollar after resilient US data eased recession concerns.

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