Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News on Financial Services

Asian shares fall on banking turmoil, recession worries

Shares have fallen in Asia as worries over turmoil in the banking sector and the risks of recession overshadowed gains on Wall Street

The Independent UK

KResearch projects exports contracting 1.2% this year

Exports are forecast for a deeper contraction of 1.2% this year, attributed to the global economic slowdown and the banking debacle in the US and Europe, according to Kasikorn Research Center (KResearch).

Bangkok Post

Silicon Valley Bank CEO Sold $3.6 Million In Stock And Could Be Hiding In Hawaii Now

SVB at the center of the financial crisis of March 2023 saw several insiders sell shares before the bank run by its customers

Zenger

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

Industries uneasy over banking crisis

Domestic car and motorcycle sales may bear the brunt if Thai financial institutions are affected by the risk of failed banks in the US and Europe, says the Federation of Thai Industries (FTI).

Bangkok Post

SCBAM eyes 3-5% growth in assets

SCB Asset Management (SCBAM) aims to grow its assets under management (AUM) by 3-5% this year from 1.6 trillion baht recorded in 2022.

Bangkok Post

Intensive monitoring backs local banks to ride out global market ructions

Financial regulators confirm the resilience of Australia's banking system following rigorous oversight during the past fortnight.

The New Daily

Look inside iconic Liverpool building as it enters a new era

Martins Bank has stood on Water Street since 1932 and is being turned into commercial space

Liverpool Echo

Read news from The Economist, FT, and more,
with one subscription

Lawmakers tell ex-CEOs 'you must answer' for bank failures

Leaders of the Senate’s banking committee are telling former chief executive officers at the failed Silicon Valley Bank and Signature Bank they “must answer” for their banks' "downfall.”

The Independent UK

Regulator backs local banks to ride out global storm

Financial regulators confirm the resilience of Australia's banking system following rigorous oversight during the past fortnight.

AAP

Is this the end of UK interest rate rises or are there more to come?

The Bank of England’s move risks squeezing the economy just as inflation is expected to start falling

The Guardian - UK

What the Bank of England's rise in interest rate means for you and your money

The UK's interest rate has been risen up for the 11 consecutive time in a bid to drive down inflation

Manchester Evening News

Bank raises interest rates again, alongside upgraded economic forecast

The UK economy is expected to grow slightly between April and June, revising a previously forecasted drop

Insider UK

Bank of England lifts UK interest rates again but upgrades economic growth forecast

Monetary Policy Committee voted seven to two to increase rates

Birmingham Post

After Fed, European central banks hike rates

LONDON: The Bank of England joined Norway and Switzerland in hiking interest rates on Thursday to tackle stubbornly-high inflation, though banking-sector turmoil could soon lead to a pause in US tightening as hinted by the Federal Reserve.

Bangkok Post

Get all your
news in one place.

100's of premium titles.
One news app.

Daily Mirror

Will Apprentice star face probe over £50,000 Covid Bounce Back Loan to her firm?

Marnie Swindells received the sum to help her company through lockdown. It opened for business last month after being incorporated in 2019

ABC News

Former Australian embassy employee sentenced to jail for hidden cameras in women's bathrooms in Bangkok mission

A former worker at the Australian embassy in Bangkok has been sentenced to two years' jail for installing tiny hidden cameras in women's bathrooms inside the secure government building.

Bangkok Post

Arkhom calms jitters

Finance Minister Arkhom Termpittayapaisith has offered reassurance that Thai financial institutions will not be affected by the banking debacle in the US and Europe as local organisations have little exposure to such banks.

Tribune News Service

Powell stresses commitment to cooling prices as Fed hikes rates

The Federal Reserve raised interest rates at a ninth straight meeting and indicated there may be more hikes to come in a clear sign it’s confident that its bid to quell inflation won’t deepen a nascent banking crisis.

Get all your
news in one place.

100's of premium titles.
One news app.

Reuters

U.S. judge orders $1.68 billion payout to families over 1983 Beirut bombing

A federal judge in New York ordered Iran's central bank and a European intermediary on Wednesday to pay out $1.68 billion to family members of troops killed in the 1983 car bombing of the U.S. Marine Corps barracks in Lebanon.

The Independent UK

Americans' faith in banks low after failures: AP-NORC poll

Only 10% of U.S. adults say they have significant confidence in the nation’s banks and financial institutions, a new poll finds

StockNews.com

3 Stocks with More Upside Potential

Coupled with macroeconomic headwinds, the sudden regional banking failures have marred investor sentiments. Moreover, amid anticipations of a recession, the existing market volatilities are not likely to subside anytime soon. Given this backdrop, we think the strong growth prospects of Gilead Sciences (GILD), Teva Pharmaceutical (TEVA), and MacroGenics (MGNX) make…

The Independent UK

Credit Suisse customers feel mix of anger, relief after sale

Credit Suisse's customers are feeling a range of emotions after the government orchestrated a takeover of the country’s second-largest bank by rival UBS

StockNews.com

3 Forever Stocks to Buy and Hold for the Long-Term

The banking crisis and the Fed’s determination to cool inflation with higher interest rate hikes are likely to tip the economy into a recession. Amid this backdrop, it could be wise for investors to focus on their long-term portfolios and buy fundamentally strong stocks Broadcom (AVGO), Coca-Cola (KO), and Casey’s…

Tribune News Service

How a poker game launched Silicon Valley Bank’s four-decade ride of the tech wave — and a bad gamble 42 years later ended it all

In the early Eighties, when “High Tech” was still written with quotation marks and the region was starting to become known as The Silicon Valley, tennis buddies Bob Medearis and Bill Biggerstaff took their idea for a new bank to a poker game in Pajaro Dunes.

The Guardian - UK

Former ‘rogue trader’ Nick Leeson joins corporate private eye firm

Red Mist Market Enforcement Unit advertises financial investigation services to investors seeking compensation

1 … 102 103 104 105

People

Sristi Suman JayaswalThe

216 stories

Arkhom Termpittayapaisith

Surapong Paisitpatanapong

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

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.