The Latest Breaking News on Financial Services

It’s not vandalism to dream of reviving the Curzon Mayfair

City Voices: Contrary to how he’s being presented, Dan Zaum is not aiming to scrap the beloved Mayfair cinema

Evening Standard · Sep 14, 2023

RBI to banks: Return property papers within 30 days of loan repayment, or pay Rs 5000 fine

MUMBAI: The Reserve Bank of India (RBI) has issued guidelines to banks regarding the release of documents related to movable and immovable property upon full repayment of loans by customers. These guidelines have been introduced to address discrepancies in the practices followed by banks, which have led to customer grievances…

The Times of India · Sep 13, 2023

Bank of America (BAC) vs. Wells Fargo (WFC) vs. JPMorgan (JPM): Which Bank Stock Has Better Momentum Behind It?

The U.S. banking industry currently faces challenges like rising deposit costs, rating downgrades, slowing loan growth, stricter lending standards, etc. Therefore, watching the momentum of major banks like JPMorgan Chase (JPM), Wells Fargo (WFC), and Bank of America (BAC) could offer investment opportunities. Let’s find out which of these stocks…

StockNews.com · Sep 12, 2023

Number of ticket scams has doubled in a year, warns Santander

The scams happen when a criminal sells someone a ticket for that is fake or does not exist.

The Independent UK · Sep 7, 2023

Outgoing RBA governor Philip Lowe says tough decisions made him ‘very unpopular’

At a speech in Sydney, Philip Lowe has said some of his economic explanations ‘missed the mark’ but that media should avoid ‘clickbait’

The Guardian - AU · Sep 7, 2023

Bank of America (BAC) vs. The PNC Financial Services Group (PNC): Which Bank Stock Has a More Profitable Future?

The banking sector has faced numerous obstacles this year, with ongoing concerns over rating downgrades applying persistent stress on banking stocks. Amid this uncertainty, let’s delve into a comparative analysis of Bank of America Corporation (BAC) and The PNC Financial Services Group (PNC) to determine which of these two players…

StockNews.com · Sep 6, 2023

‘India’ in Reserve Bank’s name should be replaced with ‘Bharat’: Himanta

Assam CM Sarma calls for renaming RBI to Reserve Bank of Bharat, claims India & practices associated with British era are 'colonial hangovers'. He believes Modi ji is the one to root out these hangovers & that Sanatana Dharma has no beginning or end.

The Hindu · Sep 6, 2023

NatWest picks boardroom veteran Haythornthwaite to succeed under-fire chair Sir Howard Davies

Haythornthwaite will take over from Davies in April of next year

Evening Standard · Sep 6, 2023

NatWest names ex-Centrica boss as chair after Farage saga

Rick Haythornthwaite, who leads boardrooms of Ocado and the AA, will succeed Howard Davies

The Guardian - UK · Sep 6, 2023

Monzo launches industry-first ‘call status’ tool to stall impersonation scams

The in-app feature will tell customers whether the bank is calling them or if they are being targeted by fraudsters with an attempted scam.

The Independent UK · Sep 6, 2023