The Latest Breaking News on Financial Services

Jonathan Owens accused the branch in Maidstone, Kent of 'ostracising an entire country' by refusing the banknote and described the attitude of staff at the outlet as 'racist'

Chairman of the country's biggest lender State Bank of India (SBI) Dinesh Khara on Saturday asserted that analysts and broking houses are praising the financial performance of the bank which reported its highest profits recently. Read on for details:

High Streets get a welcome boost on global shopping day – but there are protests in Dublin and Belgium

Action follows special inspection this year of eight large securities firms’ investment banking businesses that found flaws in internal controls and security mechanisms

Union opens independent inquiry, saying it acted to avoid possible breach of Proceeds of Crime Act

A global transition to a low-carbon economy will require investments of at least US$4 trillion a year (£3.4 trillion) according to the implementation plan agreed at COP27 UN climate change summit in Sharm El-Sheikh, Egypt. Delivering this funding will involve nothing less than “a swift and comprehensive transformation of the…

Following October’s favorable inflation data, the Fed is expected to slow down its rate hike aggression. While there’s a surge in investors’ optimism, uncertainty remains. Therefore, investors looking to strengthen their retirement portfolio could consider buying quality dividend-paying stock Kroger (KR). However, fundamentally weak Carvana (CVNA) might be avoided. Keep…

Baroness Michelle Mone called the BBC documentary about her “misleading and one-sided”

Amid widespread macroeconomic headwinds, the global economic outlook seems uncertain. However, the Fed has finally started contemplating smaller rate hikes. Although uncertainties remain, we think fundamentally strong stocks Walmart (WMT), Centene Corporation (CNC), and Kroger (KR) are quality investments. Continue reading.