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The Latest Breaking News on Financial Services

Woman gets three years for helping brother hide more than $300,000 after collapse of Bridgeport bank

Jan Kowalski pleaded guilty last year to concealing assets from a bankruptcy trustee. She helped her brother, Robert Kowalski, hide more than $357,000 while representing him as an attorney in bankruptcy court.

Chicago Sun-Times

Buttons and Bows Baby Bank marks first year of meeting family needs at Perth City Centre address

Supporters of Perth's Buttons and Bows Baby Bank met to share cake and to celebrate the charity's remarkable journey helping local families get the essential kit they need

Daily Record

The Best Banks of 2024

Kiplinger's list of the best banks, based on interest rates, fees and other features.

Kiplinger

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Judge approves $290m settlement in suit accusing JPMorgan of ignoring Jeffrey Epstein sex trafficking

Bank denies enabling any crimes

The Independent UK

Silicon Valley Bank Collapse Turned Into Musical Comedy By Composer

Software engineer Mauricio Costa draws inspiration from Lin-Manuel Miranda for 'The Valley' musical

Zenger

£5m Surrey mansion at centre of row over Russian bank sanctions loophole

Lawyers claim the assets of a Russian banker accused of fraud can be legally sent to a bank controlled by Vladimir Putin

The Guardian - UK

Lavish homes of fatcat bank bosses tackling mortgage crisis - including £12k treehouse

Top bankers advising on the home loan crunch have been revealed as multi-million pound homeowners with no mortgages and 'woodland-type' gardens, while many families struggle to make ends meet.

Daily Mirror

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Headwinds in the third quarter

In the third quarter, we believe the global economy will face three risk factors: economic slowdown, with inflation and interest rates remaining high; risks from tighter financial liquidity; and slower economic growth in China and emerging markets.

Bangkok Post

KBTG sees Vietnam as IT hub

Kasikorn Business-Technology Group (KBTG), an arm of Kasikornbank, has established KBTG Vietnam as its IT hub to seek additional personnel to serve its parent's regional digital expansion and support the bank's goal of becoming one of the top 20 banks in Vietnam by 2027.

Bangkok Post

What mortgage repayment calculators are available and how do they work?

Most high street banks and building societies offer quick and easy tools to help you determine monthly costs

The Independent UK

Wolverhampton homeless charity banks £11,000 NatWest donation

The Good Shepherd supports people experiencing homelessness and people at risk of homelessness

Birmingham Post

3 Bank Stocks Investors Are After

Although there are some signs of stabilization, the stress in the U.S. banking sector remains high, posing a significant threat to economic growth. With investors still concerned about the viability of the banking system, it could be wise to look beyond borders and invest in quality foreign bank stocks Banco…

StockNews.com

Paypal to bring in major change for users as Bank of England hikes interest rate

Paypal credit customers received the email informing them of the hike in interest merely hours are the Bank of England's base rate rise.

Daily Mirror

Food review: We tried the cafe on site of a former Co Tyrone bank building

The Old Bank in Stewartstown opened last year

Belfast Live

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Zenger

Financial Health Trumps Looks In New Partner Search: NatWest

38% of UK adults find fiscal responsibility more attractive than physical appearance, according to a new poll.

StockNews.com

3 Bank Stocks With Buying Interest

The regional banking crisis appears to have evolved from a short-term catastrophe to a concern for the U.S. economy in the long run. Thus, it could be wise to look beyond the national shores and invest in robust overseas bank stocks Barclays (BCS), Erste Group (EBKDY), and Grupo Financiero (GGAL).…

Manchester Evening News

Former high street bank could become new bar, restaurant and flats

The building, on Market Avenue in Ashton-under-Lyne, dates back to 1849 and was most recently occupied by Yorkshire Bank which closed in January 2022

The Independent UK

Swiss central bank urges review of 'too big to fail' bank safeguards after Credit Suisse debacle

Switzerland’s central bank says it's time to review rules aimed at preventing disastrous bank collapses

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news in one place.

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The New Daily

‘Big call’ on RBA governor to be made in July

The next governor of Australia's central bank will be announced in July, Treasurer Jim Chalmers says, amid mounting speculation.

Bangkok Post

Exim Bank promotes export credit policies

Export-Import (Exim) Bank of Thailand advocates the use of export credit insurance to safeguard against non-payment risks from overseas buyers, says first vice-president Apinut Chatusripitak.

Edinburgh Live

New multi-storey Edinburgh Starbucks with views of castle planned for Princes Street

The City of Edinburgh Council has validated an application which would see 118 Princes Street, on the corner of Castle Street, converted into the café with first floor views of the castle itself

StockNews.com

3 Bank Stocks to Keep Watching

Despite signs of improving sentiment around the U.S. banking system, investors and depositors remain concerned about its stability. Therefore, it could be wise to add fundamentally strong foreign banks KB Financial Group (KB), Banco Macro (BMA), and Banco BBVA Argentina (BBAR) to one’s watchlist. Keep reading….

Caixin Global

Watchdog Slams Rampant Graft at China Development Bank

CCDI says it held a special conference with the lender’s Communist Party committee to discuss party governance and analyze what went wrong at the bank

The Independent UK

Jeffrey Epstein was ‘particularly close’ to Peter Mandelson – shock report

Mandelson ‘stayed at Epstein’s New York home’ when he was Labour minister, emails show

The National (Scotland)

Scottish National Investment Bank facing loss of £9m loan to Circularity Scotland

SCOTLAND’S state-owned investment bank is facing the loss of a £9 million loan to Circularity Scotland after the firm appointed administrators.

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