The Latest Breaking News on Financial Services

WASHINGTON: The US bank crisis that rattled global markets last month is probably nearing the end, even if more unforeseen failures occur, JPMorgan Chase Co Chief Executive Officer Jamie Dimon said.

It’s time to modernise shareholder relations and make AGMs interesting again

Mee Tee Mee Ngern, a Government Savings Bank (GSB) subsidiary, plans to offer its land collateral loan service nationwide in June this year, expanding from the 10 major provinces in which it operates at present, says chief executive Isara Wongrung.

Investment this year is fraught with risks. A number of factors, including rising interest rates, high inflation, an economic slowdown and most recently the banking crisis in the US and Europe, have influenced investment sentiment in stock markets since the beginning of 2023.

Amid trepidations regarding the spillover of the banking crisis, investors willing to bank on fundamentally strong and attractively valued banking stocks, Banco Bilbao Vizcaya Argentaria (BBVA), Deutsche Bank (DB), and Société Générale (SCGLY), could be rewarded with impressive gains. Continue reading.

Here is everything you need to know about bank opening hours over the Easter weekend

Better said it was now planning to create 40 new jobs in the city on the back of buyout deal

Raghuram Rajan — the former International Monetary Fund chief economist who predicted the global financial crisis more than a decade ago — warned that the banking system is headed for more turmoil after the rescues of Silicon Valley Bank and Credit Suisse.

SWIG Finance, which has offices in Truro, Exeter and Bristol, will work with Start Up Loans, part of the British Business Bank

Rising interest rates usually benefit companies in the financial sector. However, not every financial stock can capitalize on the current interest rate environment. Also, given the financial sector crisis, it could be wise to avoid financial stocks BRP Group (BRP), Marathon Digital (MARA), and Digital World Acquisition (DWAC). Keep reading.

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