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The Latest Breaking News on Financial Services

King Charles banknotes enter circulation today: Where can you get them in London?

The sovereign is being changed on the Bank of England’s notes for the first time

Evening Standard

'I don't do fraud': jury hears ex-NAB staffer's denials

NAB was targeted by separate plots to use leaked, fraudulent bank documents to purchase Sydney properties and withdraw over $21 million, jurors have heard.

AAP

New lifeline for bank customers as ‘super-ATMs’ go on trial in England

Residents in areas without branches can withdraw and deposit cash with various high street banks using one machine

The Guardian - UK

From analysis to the latest developments in health,
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UK bank Standard Chartered accused of helping to fund Iran and terrorists

Lender denies whistleblowers’ claim transactions worth $100bn were carried out in breach of sanctions

The Guardian - UK

Standard Chartered hit with $100 billion terror group money laundering allegations

FTSE 100 bank denies the claims, made in US court papers in a case hoping to overturn a previous ruling backed by the Supreme Court

Evening Standard

Trio on trial accused of $21m fraud plot against NAB

Two men and a woman allegedly formed a multimillion dollar fraudulent scheme against National Australia Bank and other firms using fake vouchers and guarantees.

AAP

Hertfordshire manslaughter: Woman who pushed alzheimer's sufferer to death inside bank spared jail

Courtney Richman has been given a suspended jail sentence

Evening Standard

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Rural Australians left up in the air as banks shut down

Up to 600 Australian towns no longer have a bank, forcing country people to go to extraordinary lengths to manage their money.

AAP

Can You Avoid Credit Card Debt If You Move To Another Country?

A Chinese student studying in the US claims to have maxed out credit cards to resist American imperialism.

International Business Times UK

Which Bank Stock Offers a Higher Yield: Bank of America (BAC) vs. Citigroup (C)

Despite challenges like high interest rates and inflation, the banking sector grows due to a strategic focus on deposit quality and promising global market expansion. Now, let's delve into the fundamental aspects of Bank of America (BAC) and Citigroup (C) stocks to see which bank stock offers a higher yield.…

StockNews.com

27-year-old bank worker’s body found in rubble of massive Ohio explosion

Police say they have recovered the body of a 27-year-old Chase Bank employee from the rubble after the explosion

The Independent UK

Shanghai Composite Index Ended Nearly Flat on Wednesday

Shenzhen Component Index closed up 0.25%

Caixin Global

Metro Bank ignored my report of attempted scam

Although fraudsters gave one of its account numbers, it was totally uninterested as I was not its customer

The Guardian - UK

Hopes grow of G7 deal to support Ukraine with $300bn in frozen Russian assets

Foreign ministers confident of agreement to use bank assets as security for Ukraine reconstruction loan

The Guardian - UK

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news in one place.

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The Guardian - UK

Co-op bank brand may disappear within years in Coventry Building Society deal

New owner leaves door open to dropping ethical bank’s name after £780m agreement that will create lender with 5m customers

StockNews.com

3 Top Bank Stocks for May Gains

With elevated inflation, the Federal Reserve will likely delay the forecasted rate cuts. Interest rates remaining higher for longer could lead to several challenges for the U.S. banking industry. Given this backdrop, investors could consider looking beyond borders to buy quality foreign bank stocks: Barclays (BCS), Akbank (AKBTY), and Deutsche…

The Independent UK

Coventry Building Society confirms purchase of Co-op Bank in mega-deal

The tie-up will create a banking giant with millions of customers and about £89 billion worth of assets.

The Independent UK

Discover the awards celebrating excellence and diversity in British business

The Lloyds Bank British Business Excellence Awards celebrates the best of British business, with three new categories announced for 2024

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news in one place.

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AAP

More regulation urged for banks 'failing' rural towns

An inquiry into rural bank closures has handed down its final report after a year of hearings and 610 written submissions. It recommends tougher regulation.

The Independent UK

Bank fined millions over treatment of struggling customers

The bank put around 1.5 million people at risk of greater financial harm, according to the FCA

Kiplinger

Is it Time to Switch Banks?

It's a good time to take stock of what you need in a bank, and consider if your bank is still working for you.

AAP

Country towns banking on branch closure inquiry report

After a year of hearing from regional communities, farmers and the banking sector, the inquiry into rural bank closures is due to hand down its final report.

The Guardian - UK

‘It’s not vital to spend five days a week in the office’: the bank boss who works from home

While big beasts on Wall Street rail against WFH, Mike Regnier of Santander UK says he wouldn’t have taken the job if he had had to commute all week

The Guardian - UK

UK cannot afford to give ‘cold shoulder’ to China, says City minister

Bim Afolami’s comments distance British government from protectionist moves by US

The Guardian - UK

‘Free money’ and 10% interest: carrots UK banks are dangling to get you to switch

Better deals are on offer in the battle to tempt new current account customers. But, be warned, there are a few strings attached

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