The Latest Breaking News on Financial Services

Co-pay scheme kicks off

More than 39.2 million people will receive 1,000 baht in government support from today as the Thais Help Thais Plus co-payment scheme officially begins, says the Finance Ministry.

Bangkok Post · May 31

'Blows my mind': KPMG's whistleblower issues collide

A consultancy firm facing claims it mishandled allegations of misconduct by a whistleblower was dealing with whistleblower complaints for major companies.

AAP · May 29

Social Security payment change will affect 3.6 million beneficiaries: What Direct Express users need to know

Millions of Social Security beneficiaries who receive their monthly payments through Direct Express prepaid debit cards are set to experience an important administrative change. The US Department of the Treasury has begun transitioning the Direct Express programme from Comerica Bank to Fifth Third Bank, which will become the new financial…

The Times of India · May 29

Scam victims to get automatic financial compensation

Up to $3000 will be reimbursed to Australians who lose money through simple scam operations in order to lower the cost of investigations.

AAP · May 28

Clicx unveils next-generation banking vision

Clicx Bank, Thailand's first virtual bank licence holder, is scheduled to launch its mobile application on June 19, aiming to tap underserved customers.

Bangkok Post · May 27

Sansiri, SCB eye young affluent homebuyers

SET-listed developer Sansiri has partnered with Siam Commercial Bank (SCB) to increase sales of residential units priced more than 10 million baht, targeting young affluent homebuyers who are not existing SCB wealth clients, with a goal of generating 13 billion baht in sales within one year.

Bangkok Post · May 27

Islamic Bank of Thailand targets B8bn in loan growth

The Islamic Bank of Thailand (IBank) has set a loan growth target of 8 billion baht this year, up from more than 6 billion baht registered last year, according to the bank's chief.

Bangkok Post · May 27

Bank of America Warns Investors to Brace for a 'Summer Correction' As Stocks Continue To Rally

Bank of America said the S&P 500 has already reached the bank's year-ahead target of 7,430, raising concerns that the market may be overheating after months of relentless gains.

International Business Times · May 27

FED:Banks on notice as Westpac fined for failing clients

Banking giant Westpac has been slugged with a $26 million penalty for failing to support customers in need, a decision an expert says sends a clear message.

AAP · May 27

Banks on notice as Westpac fined for failing clients

Banking giant Westpac has been slugged with a $26 million penalty for failing to support customers in need, a decision an expert says sends a clear message.

AAP · May 27