The Latest Breaking News on Financial Services

The pound fell after the Bank of England gave pension funds a three day warning to balance their books before it removes emergency support for the bond market on Friday

Index-linked gilts join list of things Bank is prepared to buy as dreaded phrase ‘material risk to financial stability’ returns

A new report from the Federal Reserve Bank shed light on the economic impact marijuana legalization has had in recent years, reported Marijuana Moment. Policy changes on the state level have resulted in increased commercial real estate demand, as well as a surge in tax revenues while creating more jobs.

The figures have been released by NatWest

Pensions hedging crisis shows how the City never seems equipped to handle the next big financial hazard

Some pension funds want bond-buying scheme to continue beyond October

The Bank of England has expanded its emergency effort to stabilize the financial markets amid concerns the government’s plan to slash taxes pose a “material risk” to Britain's fiscal stability

The industry must make sure they are supporting people and businesses who rely on cash and banking services, the Financial Conduct Authority said.

City Comment: The City thinks it can bet against the Bank and win