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The Latest Breaking News on Financial Services

JPMorgan, Citi To Kick Off Bank Earnings As Wall Street Sees Profit Boom

Big bank earnings season kicks off Tuesday, July 15, with key industry heavyweight JPMorgan Chase Co. (NYSE:JPM), Citigroup Inc. (NYSE:C) and Wells Fargo Corp. (NYSE:WFC) headlining a crucial reporting day for financials, as Wall Street eyes a rebound in quarterly profits fueled by stronger net interest income and healthy capital…

Benzinga

How To Earn $500 A Month From Bank of America Stock Ahead Of Q2 Earnings

Bank of America Corporation (NYSE:BAC) will release earnings results for the second quarter before the opening bell on Wednesday, July 16.

Benzinga

JPMorgan Stock Shows Mixed Signals Ahead Of Q2 Results Even As CEO Jamie Dimon Warns Of 'Complacent' Markets Ignoring Impact Of Trump Tariffs On Interest Rates

JPMorgan Chase Co. (NYSE:JPM) is about to kick off the earnings season, as it is one of the first banks to report on July 15. However, its technical chart shows mixed signals as the bank is ready to report its second-quarter earnings.

Benzinga

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Bank exec charged with seeking girls for sex gets bail

A corporate finance executive with a major bank has been accused of engaging a sex worker to send two underage girls to his luxury hotel room.

AAP

Bank of England will monitor cash acceptance on ongoing basis

Dame Meg Hillier, chairwoman of the Treasury Committee, described the development as a ‘positive first step’.

The Independent UK

HSBC becomes first UK bank to quit industry’s net zero alliance

Campaigners condemn ‘troubling’ move that follows departure of six of largest US banks after Trump’s election

The Guardian - UK

Wages at top bank's Glasgow HQ 'closer to India than America'

THE wages of workers at a major bank’s Glasgow base are reportedly closer to those it pays in India than in America.

The National (Scotland)

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Barclays launch new sub-4% mortgage to compete with best rates on market

Several lenders are now offering deals with interest rates below 4% - but you need to meet certain criteria

The Independent UK

How To Earn $500 A Month From JPMorgan Stock Ahead Of Q2 Earnings

As JPMorgan Chase Co. (NYSE:JPM) prepares to unveil its second-quarter earnings on July 15, the financial world is bracing for a significant shift that reflects broader economic trends. Over the past year, rising interest rates and inflationary pressures have squeezed borrowers and heightened market volatility, factors that are expected to…

Benzinga

Is Your Local Bank Closing? Why Branches Are Disappearing Nationwide

Major banks are closing branches across the U.S. Discover what's behind the trend and how it could affect your access to in-person banking.

Kiplinger

John Lewis beats M&S and Ocado to be top of the shops for customer satisfaction

Waitrose and Greggs saw customer satisfaction levels fall significantly

The Independent UK

UK workforce exposed if global trade war intensifies, Bank warns

Households and businesses nonetheless remain resilient, and the UK banking system is equipped to support them if conditions worsen.

The Independent UK

Major bank fined £21m after allowing customers to register from Buckingham Palace and Downing Street

The FCA said Monzo’s financial fraud systems and controls ‘failed to keep pace’ with its rapid growth in customers numbers in recent years.

The Independent UK

Monzo fined £21m after customers used No 10 and Buckingham Palace as addresses

FCA finds digital bank failed to employ adequate controls when signing up new clients

The Guardian - UK

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The Guardian - AU

Afternoon Update: RBA’s surprise decision; how world reported mushroom verdict; and Valerie the dachshund’s new job

The decision came as a shock to financial markets and a large majority of experts who were sure the RBA board would cut interest rates for a second straight meeting

The National (Scotland)

Business confidence in Scotland at highest level in eight months

BUSINESS confidence has risen to its highest level in eight months, according to a Royal Bank of Scotland (RBS) survey ...

Benzinga

U.S. Bancorp To Rally Around 19%? Here Are 10 Top Analyst Forecasts For Monday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

The Guardian - US

Buy now, pay later loans will now affect US credit scores – what does that mean for consumers?

The change has some users of BNPL loans worried, but financial experts say the move could benefit borrowers

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news in one place.

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The Guardian - UK

Santander takeover of TSB is boost to Reeves as she fights to keep City’s trust

Purchase spares chancellor potential embarrassment of the Spanish high street lender giving up on UK

Evening Standard

Santander's TSB takeover: What it means for your account

Santander's acquisition of TSB for £2.9 billion could reshape UK banking, affecting 5 million account holders. Here's what it might mean

Newslaundry

After SC verdict, why were over 8,000 electoral bonds still printed?

In February 2024, the Ministry of Finance ordered the State Bank of India to stop the printing of electoral bonds. This was 12 days after the Supreme Court declared the scheme unconstitutional.

Benzinga

HSBC Lifts Gold Forecast, Sees A Volatile Path Ahead

HSBC has raised its average gold price forecast for 2025 to $3,215 an ounce, up from $3,015, citing "elevated geopolitical risks, economic uncertainty, and rising government debt." The bank also increased its 2026 estimate to $3,125 an ounce from $2,915, while projecting a turbulent path ahead.

Latin Times

Michigan Bank Robber Coaxed Out of Standoff With Soda Dangling From Drone Before Police Shot Him

A Michigan bank robbery suspect was fatally shot by police after being lured to a window with a Faygo Red Pop delivered by drone.

AAP

Big bank shifts rate cut tip as retail sales disappoint

A slow start to the year for consumers continues, with weaker-than-expected retail sales a sign of "scarring" from a spike in inflation.

International Business Times

IMF Urges Swiss To Strengthen Bank Resilience

The International Monetary Fund on Tuesday urged Switzerland to strengthen the resilience of its banks and address the flaws exposed by the collapse of Credit Suisse.

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