The Latest Breaking News on Financial Services

The failure of Washington Federal Bank for Savings has led to criminal charges against 16 people. Among them: former Ald. Patrick Daley Thompson, who was convicted lst year of lying to regulators and filing false income-tax returns.

Intelligent Finance is to close all its current accounts this year - but savings and mortgage customers are unaffected by this huge change

Despite assurances by federal regulators, depositors and investors remain wary of the U.S. banking sector’s risks. Amid this uncertainty, fundamentally strong foreign banking names could be worth investing in to take advantage of rising interest rates worldwide. To that end, Banco Bilbao Vizcaya Argentaria (BBVA), Banco do Brasil (BDORY), and…

Some Barclays bank branches currently open as late as 5.30pm during the week, but this will be cut to 3pm across the majority of locations from August 7

Barclays Bank has announced it will be shutting a further 15 stores in 2023, taking its total number of closures for the year to 110.

The recent failures of a trio of midsize banks has once again raised questions on whether executive compensation is tilted toward short-term gains rather than companies' long-term health

Two branches in Northumberland were included in the latest round of closures

Access Bank, one of Nigeria’s top financial institutions, has opened a subsidiary in Paris as it seeks to extend its foothold in French-speaking Africa.

The government of the US Virgin Islands has issued Tesla chief Elon Musk with a court order for documents in its lawsuit that is seeking to hold an American bank, JPMorgan Chase, liable for sex trafficking acts by Jeffrey Epstein.