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The Latest Breaking News on Financial Services

Kasikornbank (KBank) has set a goal to expand the extension of sustainable financial facilities to 25 billion baht this year, doubling to 50 billion next year, aiming to become an Asean leader in the field of environment, social and governance (ESG) finance by 2030.

Bangkok Post

Greens claim treasurer ‘dodged’ housing scheme question – as it happened

This blog is now closed

The Guardian - AU

Ulster Bank customer warning as bank plans to start freezing accounts on Friday

Customers who received their six month notice period in April will have their accounts withdrawn on November 11

Dublin Live

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Santander's message to anyone with a 123 bank account

Competition between bank providers ramps up

Liverpool Echo

More than 1,000 Barclays customers to get £1million payout for PPI breaches

Barclays has agreed to pay hundreds of customers for not sending them yearly reminders about payment protection insurance policies, which could have cost households money

Daily Mirror

Barclays to pay customers £1million after PPI breach

Barclays breached the order by failing to send reminders

Wales Online

NAB 'embarrassment a factor in fraud case'

It's an enormous assumption that leaders of a major bank were so unbelievably lax or grossly negligent they had no idea about a large fraud, a jury's been told.

AAP

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NAB sees 20pct decline in house prices

National Australia Bank says that while some customers will face difficulties as rates rise, the at-risk cohort is just a tiny fraction of its loan book.

AAP

HSBC will give people £200 cash for free for switching bank accounts

Customers looking to switch to an HSBC Advance or Premier Bank Account can get £200 for free

Chronicle Live

Taxing banks' excessive profits – be careful what you wish for

Hard-working New Zealanders will suffer the consequences of bank windfall taxes: higher interest rates, monetary policies frustrated, and a weaker financial system.

Newsroom.co.nz

Thief makes off with load of cash after smashing into Lloyds bank during night raid

Merseyside Police received reports of a robbery shortly after 2.30am this morning

Liverpool Echo

HSBC offering new customers free £200 within 20 days after switch criteria met

HSBC UK and Nationwide Building Society are both offering £200 to customers who switch banking services.

Daily Record

UK bank says it will give people £200 cash for free

HSBC, Nationwide, First Direct and Lloyds Bank have cash offers

Liverpool Echo

Jacinda Ardern slams banks for taking huge profits during cost-of-living crisis: ‘I’m simply being frank’

New Zealand’s banking companies post before-tax profits of $9.7bn in the twelve months till June

The Independent UK

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Tribune News Service

First Foundation CEO on his journey from grocery bagger to founder of an $11 billion bank

DALLAS — Scott Kavanaugh is a two-time bank founder.

Bangkok Post

Tisco expects to beat full-year loan growth target of 5%

Tisco Bank expects total loan growth for 2022 to exceed its 5% full-year target after booking credit expansion of 5% for the first nine months amid economic recovery.

The National (Scotland)

Is HSBC down? Customers report error code and app issues

HSBC customers were left unable to navigate their mobile and online banking with others reporting issues with their credit cards.

StockNews.com

2 Stocks Investors Shouldn't Waste Their Money On

The Fed’s aggressive rate hike regime has heightened recessionary concerns. Therefore, fundamentally weak stocks Plug Power (PLUG) and Peloton Interactive (PTON) might be best avoided. Read more.

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Chronicle Live

Houghton-le-Spring bank worker who stole £6,000 from customer to pay online gaming debts walks free

Barry Nicholson, of East Rainton, abused his position of trust while working for Barclays Banks to empty a student's savings account

The Independent UK

Current account customers can get as much as £200 by switching bank accounts

HSBC UK and Nationwide Building Society are both offering £200 to current account customers to switch.

AAP

NAB blasted for incorrect customer fees

The Federal Court has found that National Australia Bank engaged in unconscionable conduct by overcharging customers in periodic payment fees for several years.

Bangkok Post

GSB non-bank unit to kick off in 2023

The Government Savings Bank's (GSB) non-bank subsidiary is expected to start operation in the second half of next year, says GSB president Vitai Ratanakorn.

Bangkok Post

BBL eager to maintain international loan ratio

Bangkok Bank (BBL) plans to maintain the loan proportion of its international banking business at the existing level of 24-25% of total loans for the next few years, despite the high growth potential of regional markets.

AAP

WBC profit at $5b-plus, rates yet to bite

Westpac has posted an annual profit of $5 billion-plus and says while interest rate rises will bite, many customers remain ahead on their mortgage repayments.

ABC News

How long after missing a mortgage payment does a home get repossessed? A financial counsellor says it doesn't have to come to that

The prospect of the bank repossessing your home is frightening, but it doesn't have to come to that. Here are some things you can to if you're having difficulty paying off your home loan.

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