The Latest Breaking News on Financial Services

New York (AFP) - Stock markets mostly moved higher on Thursday as banking sector worries eased and traders weighed central banks' interest rate plans in the wake of recent turmoil.

Washington (AFP) - Recent banking sector turmoil is a reminder that work on reforms remains unfinished, and there is a need to "consider whether deregulation may have gone too far," US Treasury Secretary Janet Yellen said Thursday.

There are a number of bank branch and building society closures scheduled throughout 2023, so it is important to check your branch and any alternatives that may be available.

The investment by LINK follows announcements to closure the town's two remaining bank branches

Bank closures have become the norm over the last few years as more people choose to do their banking online rather than in a branch

Proposals for the old Barclays branch, in Edgeley, have been approved by Stockport council’s planning committee.

Stock futures extend gains on fading bank crisis concerns; FDIC looking at higher fees for big banks; H&M shares surge after strong quarterly profits; Electronic Arts shedding 6% of staff as tech job cuts accelerate and Major League Baseball's opening day brings historic changes to national pastime.

The banking hub in Kilwinning will offer basic counter services, allowing people to withdraw cash, collect change, deposit cheques, pay bills and make balance enquiries.

The Senate Finance Committee finds that troubled Credit Suisse failed to report secret accounts held by U.S. citizens trying to avoid paying taxes.

WASHINGTON — A bipartisan group of senators released draft legislation Wednesday that would claw back executive pay in the five years leading up to a bank’s failure, following President Joe Biden’s call on Congress to take action.

The decision has been described as 'disappointing and short-sighted'