The Latest Breaking News on Financial Services

ED conducts searches at 6 locations linked to NCP MLA Rohit Pawar in money laundering probe connected to alleged Maharashtra State Cooperative Bank scam.

U.S. banks are anticipated to face pressure due to prolonged high interest rates, elevated deposit costs, diminished credit demand, and stringent lending standards. Therefore, it could be wise to look beyond borders and buy fundamentally strong foreign bank stocks Woori Financial Group (WF), Intesa Sanpaolo (ISNPY), and Shinhan Financial Group…

HSBC UK is among lenders making cuts to its fixed rates and an expert has suggested others could follow suit.

Five- and 10-year fixed-rate remortgage offers announced as lenders big and small reduce rates

The Kerala Government on January 3 (Wednesday) decided to hike the interest rates for deposits in the Kerala Bank and primary cooperative societies in the State. On deposits of terms up to one year, the interest rate will go up by 0.50% and on those above one year by 0.75%,…

Britain’s biggest lender kickstarts 2024 by slashing rates by nearly 1 per cent

French bank BNP Paribas could pay out 600 million euros after reaching a deal to compensate clients judged to have been deceived over mortgages issued in Swiss francs in 2008 and 2009.

Early next year, the NatWest in the market town of Bakewell will close, leaving the whole area ‘de-banked’

The banking sector has showcased commendable resilience and stability, defying the hurdles encountered at the beginning of 2023. Following a substantial resurgence in bank stocks, let’s examine whether investors should keep an eye on banking stocks Citigroup (C) and JPMorgan Chase (JPM) for 2024. Read on….