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The Latest Breaking News on Financial Services

HSBC bankers to share $3.9bn bonus pot, the highest in more than a decade

Bank reports better-than-expected annual results and CEO signals overhaul of lender is almost over

The Guardian - UK

Facial recognition error prompts police to arrest Asian man for burglary 100 miles away

Exclusive: Alvi Choudhury claiming damages against Thames Valley police after biased technology confused him with man looking ‘10 years younger’

The Guardian - UK

FTSE 100 Live 24 February: AI disruption fears continue, banking stocks struggle

A mixed performance by the FTSE 100 index today reflected ongoing tariffs uncertainty and AI disruption fears.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

JPMorgan Chase Sees $150B–$200B Refund Risk After Trump Tariff Setback

JPMorgan warns the U.S. could owe up to $200 billion in tariff refunds after the Supreme Court struck down key Trump emergency trade duties.

International Business Times

JPMorgan concedes it closed Trump’s accounts after Jan. 6 attack

JPMorgan Chase now confirms it closed Trump’s accounts after mob of his supporters stormed halls of Congress

The Independent UK

How does NatWest’s £150 bank switch offer stack up against the competition?

Banks and building societies will pay you to join them - but make sure you know the terms

The Independent UK

Ex-HSBC banker dodged £5,900 in London train fares by using 'doughnutting' fraud

Joseph Molloy, a former HSBC executive, exploited the scam over 740 times in 11 months, saving a total of £5,911 on Southeastern train fares, Inner London Crown Court heard

Evening Standard

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Aussie shares clinch third session of gains, NAB soars

The washout in precious metals does not appear over, with gold miners still under pressure and dragging on the raw materials sector.

AAP

UK bank bosses plan to set up Visa and Mastercard alternative amid Trump fears

Exclusive: First meeting to be held over domestic payments system aimed at reducing reliance on US networks

The Guardian - UK

Lloyds investigating after using staff’s bank account data in pay talks

CEO Charlie Nunn tells employees that issue ‘created some concern’ but insisted ‘we definitely have listened to it’

The Guardian - UK

Regional bank sees stronger loan growth on the horizon

A regional bank has earmarked money to deal with regulatory issues after reporting a dip in net cash earnings, partly driven by a fall in lending.

AAP

Bank bosses get huge pay rises in sign top City salaries back to pre-crash highs

Nat West CEO’s £6.6m pay package for 2025 is largest for group since disgraced Fred Goodwin’s £7.7m in 2006

The Guardian - UK

Attempt to modernise NS&I has been a ‘full-spectrum disaster’, MPs find

Spending watchdog says state-owned bank exposed taxpayers to ‘unacceptable risk’ as cost spiral to £3bn

The Guardian - UK

Bank business clients proving resilient, despite rates

One of the bright spots in Commonwealth Bank's interim results this week was its interactions with businesses, particularly in regional Australia.

AAP

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news in one place.

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Evening Standard

Lloyds to close 95 branches - full list revealed

Lloyds will have 610 branches left open after these closures have been enacted

The Independent UK

Full list of Lloyds, Halifax and Bank of Scotland branches set to close

The exact number of job losses is not known at this time

AAP

Shares in wealth manager plunge in earnings bloodbath

AMP shares have plummeted amid questions from analysts about why shareholders should watch their money being "torched" to fund the company's new digital bank.

The Guardian - AU

Commonwealth Bank posts record half-year cash profit as investors pile into housing market

CBA shares surge by 7% after bumper $5.45bn result while data shows owner-occupiers’ share of lending has decreased in tight property market

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news in one place.

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AAP

Aussie shares soar to three-month highs as miners fly

A banking rally has sent Australian shares to three-month highs, while the Australian dollar hit its own milestone by reaching its highest value in three years.

AAP

'Stonking result': big bank basks in best day for years

Shares in Australia's biggest bank have soared to a three-month high after it beat earnings expectations with "a really clean set of numbers".

Evening Standard

London cowboy builder who fleeced victims out of over £100,000 jailed

Aaron Lee Taylor left his victims thousands out of pocket and sometimes with uninhabitable and unsafe homes

The Guardian - UK

Barclays CEO ‘shocked’ by Epstein revelations as bank deals with Staley fallout

CS Venkatakrishnan dismayed by ‘depravity and corruption’ revealed in Epstein files as he announces profits

Evening Standard

Barclays boss rewarded with £15 million pay package as bank delivers bumper profit

High street lender sees pre-tax profits rise by 13% to £9.1 billion in 2025

Evening Standard

FTSE 100 Live 10 February: Barclays boss gets £15m pay packet, BP halts buybacks

BP today halted share buybacks and reported a big fall in profits during a weaker session for the FTSE 100 index.

The Independent UK

Furious JP Morgan staff push back at CEO Jamie Dimon’s 5-day office return edict

About 2,000 employees have signed a petition asking for the return-to-office mandate be dropped

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