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The Latest Breaking News on Financial Services

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

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

Bristol 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'

Birmingham Post

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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

The Independent UK

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…

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.

Bangkok Post

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.

The Hindu

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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).

Chronicle 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.

Edinburgh Live

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

Daily Mirror

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.

The Times of India

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.

Bangkok Post

BoT eases forex rules for stability

The Bank of Thailand plans to further relax foreign exchange regulations to balance capital flows, seeking to stabilise the exchange rate over the long term.

Bangkok Post

Woman gets three years for helping brother hide more than $300,000 after collapse of Bridgeport bank

Jan Kowalski pleaded guilty last year to concealing assets from a bankruptcy trustee. She helped her brother, Robert Kowalski, hide more than $357,000 while representing him as an attorney in bankruptcy court.

Chicago Sun-Times

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Daily Record

Buttons and Bows Baby Bank marks first year of meeting family needs at Perth City Centre address

Supporters of Perth's Buttons and Bows Baby Bank met to share cake and to celebrate the charity's remarkable journey helping local families get the essential kit they need

Kiplinger

The Best Banks of 2024

Kiplinger's list of the best banks, based on interest rates, fees and other features.

The Independent UK

Judge approves $290m settlement in suit accusing JPMorgan of ignoring Jeffrey Epstein sex trafficking

Bank denies enabling any crimes

Zenger

Silicon Valley Bank Collapse Turned Into Musical Comedy By Composer

Software engineer Mauricio Costa draws inspiration from Lin-Manuel Miranda for 'The Valley' musical

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news in one place.

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The Guardian - UK

£5m Surrey mansion at centre of row over Russian bank sanctions loophole

Lawyers claim the assets of a Russian banker accused of fraud can be legally sent to a bank controlled by Vladimir Putin

Daily Mirror

Lavish homes of fatcat bank bosses tackling mortgage crisis - including £12k treehouse

Top bankers advising on the home loan crunch have been revealed as multi-million pound homeowners with no mortgages and 'woodland-type' gardens, while many families struggle to make ends meet.

Bangkok Post

KBTG sees Vietnam as IT hub

Kasikorn Business-Technology Group (KBTG), an arm of Kasikornbank, has established KBTG Vietnam as its IT hub to seek additional personnel to serve its parent's regional digital expansion and support the bank's goal of becoming one of the top 20 banks in Vietnam by 2027.

Bangkok Post

Headwinds in the third quarter

In the third quarter, we believe the global economy will face three risk factors: economic slowdown, with inflation and interest rates remaining high; risks from tighter financial liquidity; and slower economic growth in China and emerging markets.

The Independent UK

What mortgage repayment calculators are available and how do they work?

Most high street banks and building societies offer quick and easy tools to help you determine monthly costs

Birmingham Post

Wolverhampton homeless charity banks £11,000 NatWest donation

The Good Shepherd supports people experiencing homelessness and people at risk of homelessness

StockNews.com

3 Bank Stocks Investors Are After

Although there are some signs of stabilization, the stress in the U.S. banking sector remains high, posing a significant threat to economic growth. With investors still concerned about the viability of the banking system, it could be wise to look beyond borders and invest in quality foreign bank stocks Banco…

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