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The Latest Breaking News on Financial Services

The savior CEO and the empty promise of ‘stakeholder capitalism’

Companies may claim to serve employees, communities and the planet – but two books show profit still comes first

The Guardian - US

Scottish dad jailed in Iraq speaks for first time since his arrival home

Close to tears, Brian Glendinning, 43, hugged his family as he walked through the door of his home in Fife after flying into Edinburgh – finally free after being jailed over a bank debt.

Edinburgh Live

Beaming family of Scots dad jailed in Iraq say his return home is 'better than winning the lottery'

Brian Glendinning, 43, finally made it home to Fife today after his spell in an Iraqi prison.

Daily Record

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Auditor for obscure Indian company at centre of WA energy crisis 'alarmed' at financial accounts

The auditor of an Indian-owned company at the centre of Western Australia's growing energy crisis says it's "unable" to verify the firm's accounts.

ABC News

Hunt’s budget is a big bang for the City, a damp squib for the country

A tired Tory party has resorted to yet more deregulation, after the 40-year failure of its first attempt

The Guardian - UK

Reserve Bank December rate rise on course

The central bank governor will give a major speech this week and could signal a pause in interest rate hikes is no longer on the table for this year.

AAP

Former Huishang Bank Chairman Expelled From Communist Party

Wu Xuemin turned over to judicial system for prosecution on corruption charges turned up by party’s top graft busters

Caixin Global

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Man glues himself to table in Natwest after being unable to access bank account

The businessman claims he needs the money inside the locked account to pay his 40 staff members.

Daily Record

Lebanon Arrests 3 after Over $1M Stolen from Home

Police in Lebanon, where a banking crisis has forced people to stash cash at home, said Friday that three people have been arrested after stealing over $1 million from a private residence. The three Syrians -- a man, his wife and a relative -- were arrested on November 11, a…

Asharq Al-Awsat

Permanent TSB becomes latest bank to raise interest on fixed rate mortgages

The bank said it will raise interest rates on its home loan fixed rate products by an average of 0.45 per cent

Dublin Live

Public buildings in England and Wales likely to get 15%-20% tax rises next year

Business rates revaluation likely to hit hospitals and colleges, while big banks and department stores such as Harrods benefit

The Guardian - UK

Scots dad jailed in Iraq over 'Qatar Bank debt' has flight home delayed

Brian Glendinning, 43, from Fife was jailed in Baghdad two months ago over an unpaid debt.

Daily Record

Bank move allows customers to limit how much they spend on gambling each month

The feature allows people using the Lloyds Bank mobile app to set a monthly debit card gambling limit of any amount to the nearest pound.

The Independent UK

Nationwide warns more mortgage holders could fall into arrears amid cost-of-living crisis

The high street building society also said mortgage activity was likely to slow next year

Birmingham Post

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news in one place.

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Birmingham Post

Will takeover for Christmas vouchers firm Appreciate Group succeed or could rival bid emerge?

The group's brands include Love2shop, highstreetvounchers.com, Park Christmas Savings and Appreciate Business Services

Evening Standard

Brian Glendinning: Father-of-three held in Iraqi jail over Qatar bank ‘debt’ to return to Scotland

Brian Glendinning, 43, will arrive in Edinburgh on Friday afternoon after a two-month ordeal in an Iraqi prison over an alleged debt.

Irish Mirror

Permanent TSB latest bank to up mortgage interest rates - What it means for you

The changes follow three rounds of interest rate increases from the European Central Bank in recent months

Caixin Global

Weekly Must-Read: Will Europe Pour More Money Into China?

As dramatic geopolitical changes alter the calculus, foreign investment from Europe more than doubles this year after three years of decline

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news in one place.

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The Independent UK

Father-of-three held in Iraqi jail over Qatar bank ‘debt’ to return to Scotland

Brian Glendinning, 43, will arrive in Edinburgh on Friday afternoon after a two-month ordeal in an Iraqi prison over an alleged debt.

Caixin Global

Citic to Become Biggest Huarong Shareholder

State-owned investment company to get 3% from Finance Ministry, pushing its Huarong stake to 24.46% after leading $6.6 billion bailout of the bad-debt manager

Investors Business Daily

Charles Schwab, IBD Stock Of The Day, Sets Up On Rising Rates, Rallying Stocks

Charles Schwab stock is IBD Stock Of The Day, with SCHW near a buy point, as the online broker benefits from higher interest rates and rallying stocks.

StockNews.com

3 Consumer Stocks to Buy and Hold for Years

Although inflation has shown some signs of cooling, rate hikes are expected to continue. The consecutive rate hikes could tip the U.S. economy into a recession. As consumer staples face a stable demand, Coca-Cola (KO), Constellation Brands (STZ), and Lifeway Foods (LWAY) could be solid buys for the long run…

Daily Record

Dad jailed in Iraq over 'Qatar Bank debt' to arrive back home in Scotland on Friday

Brian Glendinning, from Fife, will finally arrive back home after a gruelling two months in an Iraqi prison, where his lawyers claim he was wrongly detained.

StockNews.com

2 Stocks You Could Keep in Your Portfolio Forever

Despite signs of inflation cooling in the United States, the IMF is not expecting the global economic picture to improve anytime soon. However, the cooling inflation might induce the Fed to ease the pace of rate hikes. As economic uncertainties remain, we think fundamentally solid stocks McDonald’s (MCD) and Biogen…

The Independent UK

Father held in Iraqi jail over ‘debt’ to arrive back in Scotland on Friday

Brian Glendinning, 43, was arrested in Iraq in September over an alleged debt he owed to the Qatar National Bank.

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