The Latest Breaking News on Financial Services

A parliamentary committee has been told Perth Mint is getting its act together but continues to breach money laundering and counter-terrorism financing laws.

Out-of-court settlement reached with law firm acting for customers who have been left owing big sums

Shares in European banking giants BNP Paribas and ING tumbled on Thursday as disappointing fourth-quarter results took the shine off bumper annual profits.

New York Community Bancorp dived Wednesday on a surprise loss as it bulks up reserves. Treasury yields are falling. Fed rate-cut odds are rising.

Former RBI Governor Raghuram Rajan meets Shiv Sena chief Uddhav Thackeray, who had backed Mr. Rajan’s criticism of the Central government.

Spanish banking giant Santander posted a record 11.1-billion-euro ($12 billion) net profit for 2023 on Wednesday as higher interest rates and a rise in global clients helped to cushion the impact of a windfall tax.

UniCredit CEO has been asked for clarification by Italy's Finance Minister regarding Pop Sondrio. The move indicates concerns about the situation.

The Central Crime Branch officials unearthed a ‘work from home’ scam and arrested 11 people operating from Bengaluru, Hyderabad, and Mumbai.

HSBC suffered another serious blow to its reputation today when it was whacked with one of the heaviest fines ever handed out by the City regulator.

About 1,600 jobs will be cut, though junior employees are not expected to be affected and there will be some voluntary redundancies

The consumer financial services sector is projected to experience enduring, vigorous growth and expansion, driven by the escalating wealth of High-Net-Worth Individuals (HNIs), increased accessibility to loans and credit facilities, and the emergence of advanced digital technology. To that end, quality consumer finance stocks FirstCash Holdings (FCFS), Qifu Technology (QFIN),…