The Latest Breaking News on Financial Services

A senior analyst with Bloomberg Intelligence, Alison Williams, said the “key issue” with Credit Suisse Group AG (NYSE: CS) is structural profitability and dismissed parallels drawn with the 2008 financial crisis which saw the 

Financial scams are rising dramatically and the police and banks probably won't help you if you get stung, according to experts in the field.

It is the highest cash freebie on the market

Trading confidence fell five points to -4% last month

Lebanese depositors, including a retired police officer, stormed at least four banks in the cash-strapped country Tuesday after banks ended a weeklong closure and partially reopened. As the tiny Mediterranean nation's crippling economic crisis continues to worsen, a growing number of Lebanese depositors have opted to break into banks and…

The development bank's maiden full-year accounts also reveal rising administrative costs

Outraged depositors, at least two of them armed, stormed three commercial banks across Lebanon on Tuesday over withdrawal limits imposed on most clients throughout the country's financial meltdown.

Reserve Bank of Australia lifts key rate by 0.25 percentage point in nod to uncertain global economic outlook.

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Asian shares are higher, encouraged by a rally in U.S. shares after some weak economic data raised hopes that the Federal Reserve might ease away from aggressive interest rate hikes

The failed coal mine in Collie, 200km south of Perth, owes close to $1.5 billion to creditors, with the banks urged to "come clean" on their losses to avoid a potential disaster in WA’s biggest electricity grid.