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The Latest Breaking News on Financial Services

Woman 'rips' Asda cash machine apart after it 'swallows card and money'

She used her hands to take apart the Barclays machine

Wales Online

A Black 'Wall Street Journal' reporter was detained while working outside a bank

The Phoenix Police Department says that it has launched an internal investigation following the arrest of Journal finance reporter Dion Rabouin, who was conducting interviews outside a Chase Bank.

WEKU

GH Bank keen to target the wealthy segment

Government Housing Bank (GH Bank) wants to tap wealthy customers by offering high-value savings lotteries, aiming to become a new choice for people looking to diversify investment risk and earn a decent return amid a possible global recession and high inflation rate.

Bangkok Post

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Wells Fargo terminates employee over unruly behaviour on Air India flight

Wells Fargo said on Friday it had terminated one of its employees in India and was cooperating with local law enforcement, after allegations of misbehaviour onboard an Air India flight.

Reuters

TSB and Santander staff bonuses could be hit after City fines

Exclusive: Pay committees will factor in regulator’s fines over IT meltdown and money-laundering controls

The Guardian - UK

Investigation launched after another inmate dies at HMP Forest Bank

Sodexo, the private company which runs the jail, confirmed that a prisoner died there on Wednesday.

Manchester Evening News

Delhi Police Reaches Out To 'Wells Fargo' Legal Department To Cooperate With Investigation In Air India Urination Case

A day after Delhi Police asked the authority concerned to issue a LOC, now the Delhi Police has reached out to the US-based Wells Fargo company's legal department to cooperate with investigations against accused S Mishra who has been charged under several IPC sections for urinating on an elderly woman…

Dynamite News

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Five easy ways to keep on top of your debt in 2023

If you're starting the new year in debt, here are a few things to help you get back on track

Liverpool Echo

Ulster Bank closures: All the Dublin branches shutting their doors from today

A further 13 branches will close next Friday, 13 January with the branches to reopen under Permanent TSB at a later date

Dublin Live

China’s CIC Crowned World’s Largest Sovereign Fund

China Investment Corp. added $129 billion in assets last year, taking its total portfolio to $1.35 trillion

Caixin Global

China’s AIA, PICC Among Insurers Called Out for Inaccurate Data

The insurance firms get named and shamed after probes into their solvency reporting

Caixin Global

Commentary: 'Wokeness' at the Fed could easily create another banking crisis

You expect your money to be safe in a bank, but if the Federal Reserve gets its way, that may not be the case soon.

Tribune News Service

West Lothian towns 'need protection' from future risks after pandemic

Calls for protecting towns amid cost of living crisis given cross-party support

Daily Record

How can my bank help me through the cost-of-living crisis?

If you’re worried about money and keeping up with bills, don’t forget your bank might be able to help. By Vicky Shaw.

The Independent UK

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news in one place.

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The Independent UK

5 ways to get on top of your debts in 2023

Around a quarter of us have started the new year in debt, according to a new survey. Vicky Shaw finds out how to get back on track.

Birmingham Post

FinTech West appoints senior Natwest and PwC leaders to board

The Bristol-based organisation was founded by firms operating in the city to bring together companies in the South West’s growing financial tech sector

Salon

The GOP war on green investing

From the U.S. House to state governments, the GOP takes aim at pro-climate finance strategies

Reuters

Danish police arrest dozens in large money laundering case

Danish police said on Thursday they had arrested 135 people in a large-scale operation on suspicion of laundering money defrauded from elderly people.

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Asharq Al-Awsat

First Abu Dhabi Bank: No Longer Considering Possible Offer for StanChart

First Abu Dhabi Bank (FAB), the United Arab Emirates' biggest lender, said on Thursday it was considering a bid for London-listed Standard Chartered but was no longer doing so. Bloomberg had earlier reported that FAB had been exploring an offer for Standard Chartered as part of a plan aimed at…

Glasgow Live

Business owner describes 'scary' scenes as police race to Kilmarnock Road incident

More than four police cars descended on Kilmarnock Road, in the Shawlands area, around 1.15pm following an incident which a business owner has described as 'scary'.

The Guardian - UK

Names of UK Covid business loan borrowers to stay secret, tribunal rules

Ruling says enough scrutiny exists to detect fraud while naming recipients in £47bn scheme puts them at risk

Daily Record

Morrisons offering drivers 5p per litre off fuel at all petrol stations in January

Customers will be offered a coupon that entitles them to 5p off every litre of fuel at the pumps when they spend £35 in-store

Liverpool Echo

Bank Holiday trick to get 48 days off with just 19 days leave this year

There's an extra bank holiday in 2023

Insider UK

£150m investment fund for Scotland prepares for summer launch

British Business Bank invites proposals from potential fund managers to operate new fund

Tribune News Service

Minneapolis Fed's Kashkari calls for raising interest rates at least a few more times this year

Federal Reserve Bank of Minneapolis President Neel Kashkari made clear Wednesday that he will push for raising interest rates at least three more times — for a total of about a percentage point — as a voting member this year on the Fed's rate-setting committee.

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