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The Latest Breaking News on Financial Services

Is my money safe? What you need to know about bank failures

Recent bank failures may have you worried about your money

The Independent UK · Apr 28, 2023

Business confidence in the South West reaches highest level this year according to latest Lloyds research

According to the latest business `barometer overall UK business confidence reaches a 11-month high

Birmingham Post · Apr 28, 2023

Danske Bank first quarter profits jump on increased transaction and interest rates

It made £48.9 million in the first three months of 2023

Birmingham Post · Apr 28, 2023

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NatWest first-quarter profits jump by 50% after interest rate rises

Banking group says some customers have had to dip into savings because of rising prices

The Guardian - UK · Apr 28, 2023

Rise in mortage lending lifts NatWest profits

Shares fall as publically owned lender leaves annual profit guidance on hold

Evening Standard · Apr 28, 2023

NatWest sees profit surge 50% on last year and beat predictions

Lender has not seen a rise in customers falling into arrears despite cost of living crisis

Birmingham Post · Apr 28, 2023

Aldermore agrees deal to move London HQ to Broadgate Tower

Aldermore Bank has inked a deal for a larger London headquarters in the City, in a move set to encourage more staff into the office post-pandemic.

Evening Standard · Apr 28, 2023

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The Co-operative Bank 'confident' for the future after possible sale or IPO reports

Operating expenditure increased by 20% to £101.5m due to an increase in staff costs following cost-of-living payments as well as salary rises and higher recruitment

Birmingham Post · Apr 28, 2023

NatWest profit surge beats expectations

Operating profits before tax came in 50% higher than the figure recorded this time last year

Insider UK · Apr 28, 2023

Scottish business confidence dips, but remains upbeat

Business confidence in Scotland fell seven points during April to 31%

Insider UK · Apr 28, 2023

Fed's review of role in Silicon Valley Bank collapse due out

The Federal Reserve is scheduled Friday to release a highly-anticipated review of its supervision of Silicon Valley Bank, the go-to bank for venture capital firms and technology start-ups that failed spectacularly in March, setting off a crisis of confidence for the banking industry

The Independent UK · Apr 28, 2023

SCB aims to use joint venture for growth

Siam Commercial Bank (SCB) plans to expand its wealth management customer base by 12% per year for the next 3-5 years, hoping to raise its fee-based income.

Bangkok Post · Apr 27, 2023

Paul Keating warns treasurer not to remove government's power to override RBA decisions

Former prime minister Paul Keating says it would be an error for the Parliament to remove a power that allows the government to overrule the Reserve Bank's actions.

ABC News · Apr 27, 2023

Scottish National Investment Bank names new chief executive

The search for a new leader has taken more than a year

Insider UK · Apr 27, 2023

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The Guardian - UK · Apr 27, 2023

UK economy not ‘out of the woods’, says Barclays boss after bank’s record profit

Venkatakrishnan says bank remains cautious about months ahead despite first-quarter profit of £2.6bn

Daily Mirror · Apr 27, 2023

Nationwide, Barclays, HSBC, Santander: Best and worst banks based on switches this year

The latest current account switch data is in from Pay.UK - but where are people switching to, and which banks are being ditched? See the full list below and tell us what you think

Evening Standard · Apr 27, 2023

Impairments top £500 million at Barclays as consumers turn to credit cards to cover essentials

Credit impairments at Barclays have almost quadrupled to top £500 million in fresh signs more and more consumers are getting into deeper credit card debt amid cost-of-living pressures.

Caixin Global · Apr 27, 2023

Shanghai Composite Index Rose 0.67% on Thursday

Shenzhen Component Index closed up 0.28%

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news in one place.

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France 24 · Apr 26, 2023

First Republic Bank stock plunges nearly 60% in a week

First Republic Bank's stock continued to sink Wednesday, an ongoing rout that has erased 60% of its value just this week on concerns about the bank's financial health in the wake of two other bank collapses.

The Independent UK · Apr 26, 2023

73% surge in current account switching numbers in first three months of 2023

Some 341,075 switches took place between January and March 2023, figures from the Current Account Switch Service show.

ABC News · Apr 26, 2023

ASX falls, Japan's Kirin to buy Blackmores for $2 billion, Wall St eases as First Republic banking crisis outweighs tech profits — as it happened

The Australian share market has fallen for the fifth session in a row, and vitamins firm Blackmores has soared after Japan's Kirin Holdings announced it would buy the natural health company for nearly $2 billion.

Al Jazeera · Apr 26, 2023

First Republic’s market value plunges below $1bn from $40bn peak

Reports show US govt may not intervene in rescue process and regulators may downgrade bank’s score, compounding stress.

Bangkok Post · Apr 26, 2023

Banks eye yuan-baht trade payments

The Bank of Thailand is in discussions with China's central bank over supporting the use of yuan-baht settlement to mitigate foreign exchange risk amid ongoing US dollar volatility.

Chronicle Live · Apr 26, 2023

Full list of all banks closing in the North East this year - including The Galleries, Washington

Latest closures announced by Barclays means there will be a total of 15 banks closing in the North East this year so far

Kiplinger · Apr 26, 2023

Did Tweets Help Crash Silicon Valley Bank? Paper Shows New Social Media Risks

A new study on Silicon Valley Bank's demise links depositor flight and stock crash with Twitter mentions.

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