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The Latest Breaking News on Financial Services

The NZ firm that helped high-risk clients move millions

Today from The Detail: The big story of a tiny New Zealand company that's made front page news on a website exposing international organised crime and corruption

Newsroom.co.nz

EMGA arranges USD 15m financing for Asia Alliance Bank from OeEB

LONDON, May 21, 2026 (GLOBE NEWSWIRE) -- Emerging Markets Global Advisory LLP is delighted to announce yet another closing in Uzbekistan having secured funding from OeEB, the Development Bank of Austria, to support Asia Alliance Bank.Commenting on the transaction, Asia Alliance Bank’s CEO, Mr. Umidjon Abduazimov, said: “This new USD…

AAP

Exim Bank raises export growth projection to 7%

The Export-Import Bank of Thailand (Exim Bank) has raised its export growth forecast for this year, following a 17% surge in shipments during the first quarter.

Bangkok Post

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The Private Banking Model is Broken: BankPro is Building What Comes Next

A wealth manager overseeing a dozen client mandates should not be assembling reports from three different spreadsheets. Yet for a significant portion of institutional and high-net-worth clients worldwide, this is still the daily reality of working with a legacy private bank.

International Business Times

Bad loan pressure shifts to vulnerable borrowers

New non-performing loans (NPLs) in the banking sector declined in the first quarter this year as banks became more cautious in extending credit, while re-entry NPLs continued to rise, driven by vulnerable borrower segments, according to the Bank of Thailand.

Bangkok Post

Working capital helps drive loan growth

Total lending in the banking industry in the first quarter grew for the first time in two years, driven by working capital loans aimed at helping customers manage rising costs.

Bangkok Post

NS&I to contact bereaved families owed £367m after missing savings scandal

The bank’s interim chief executive says ‘this issue should never have happened’, but warns it may take time to process claims

The Guardian - UK

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Monzo profits surge as digital bank thrives with lending and subscriptions services

The bank, which was launched 11 years ago as a challenger to high street banking, said millions more customers joined in the past year

The Independent UK

Halifax could disappear from UK high streets as Lloyds assesses branding strategy

Bank founded 174 years ago could be phased out from as early as 1 July as part of group’s review

The Guardian - UK

Halifax axed as banking giant set to disappear from UK high streets

A phased closure of Halifax branches could begin as early as this summer, according to reports

Evening Standard

Halifax could vanish from high streets after 173 years as Lloyds considers major shake-up

Bosses are reportedly expected to announce the end of the brand this summer

The Independent UK

Bank plunge could spell end of an era for ASX investors

Big retail banks have driven returns on the ASX for years, but global asset manager VanEck believes they are overpriced and mid-caps offer better opportunities.

AAP

Nationwide launches new banking app feature to hide abusive payment references

The move is aimed at safeguarding survivors

The Independent UK

If you used a Bank of America card at a 7-Eleven ATM, you are eligible to receive money after settlement

The disputed fees were charged at FCTI-owned 7-Eleven ATMs between May 1, 2018, and November 16, 2021

The Independent UK

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AAP

CBA shares suffer biggest drop ever after earnings miss

Australia's largest bank turned a smaller-than-expected quarterly profit of $2.7 billion because it set aside more cash to protect from loans that go bad.

The Guardian - UK

JP Morgan could scrap £3bn London HQ if Starmer is replaced by PM ‘hostile to banks’

Jamie Dimon says US banking giant could rethink Canary Wharf tower if a future Labour leader targets lenders

The Guardian - UK

UK households cut back spending at fastest rate in 16 months, Barclays says

Dip in credit card spending in April, particularly on travel, suggests Britons preparing for harder times amid Iran war fallout

The Guardian - UK

Advisers urge JP Morgan investors to vote to split chair and CEO positions

SS and Glass Lewis back shareholder resolution amid fears over power wielded by Jamie Dimon, who holds both roles

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The Independent UK

Revealed: The five high street banks with the most customer complaints

In total banks paid out £236.2m to complainants, with the average pay-out totalling £215

The Times of India

'Come in person': How a bank gave Pope Leo a reality check

Leo identified himself as Robert Prevost. The bank employee asked the required security questions, listened to him, and then delivered the verdict familiar to anyone who has ever dealt with institutional procedure: he would have to come in personally.

International Business Times

Global Watchdog Flags Risks In $2T Private Credit Market As Lending Links Deepen Across Finance Sector

A major global financial watchdog has called for stronger regulatory scrutiny of the rapidly expanding private credit sector, warning of increased vulnerabilities across global markets.

The Times of India

JPMorgan offered $1 million, Chirayu Rana demanded $20 million in sexual harassment lawsuit against Lorna Hajdini: Report

A high-stakes legal battle involving JPMorgan and a sex scandal has taken a fresh turn, with new details revealing a huge gap between settlements sought and offered before a controversial sexual harassment lawsuit became public.

The Guardian - UK

Reinstate windfall tax on banks after surge in profits, TUC urges

Unions group wants rate returned from 3% to 8% after big four UK lenders reveal £14bn total profit in first quarter

The Guardian - AU

Man arrested over alleged offensive shirt outside royal commission venue – as it happened

This blog is now closed

International Business Times UK

FBI Warns Of Bank Call Scam Draining Savings In Minutes — How Fraudsters Trick Victims

Authorities in the US warn of a surge in banking spoof scams, where criminals impersonate bank staff to steal money. Victims are urged to verify requests and contact banks directly.

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