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The Latest Breaking News on Financial Services

Who is Folashodun Shonubi, Nigeria’s new central bank chief?

The appointment of the acting governor comes after the suspension and arrest of his powerful predecessor at the weekend.

Al Jazeera

FS Bancorp (FSBW) vs. PacWest Bancorp (PACW): Which Stock Is the Better Buy for June?

The banking industry is slowly moving toward stability after witnessing considerable volatility since March due to the failure of three regional banks. While PacWest Bancorp (PACW) completed the sale of its real-estate loans, FS Bancorp (FSBW) acquired seven branches from Columbia State Bank. Let’s compare these two bank stocks to…

StockNews.com

Lloyds Bank South West invests in headquarters and team

The banking group has appointed a new area director for its SME business in the South West and moved to a new headquarters in Bristol

Birmingham Post

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Nationwide giving out free £100 payments to bank account customers from today - check if you're eligible

Millions of people will receive the cash payment automatically into their bank account from Tuesday (June 13)

Manchester Evening News

JPMorgan reach $430m settlement with Epstein victims

After months of embarrassing disclosures JPMorgan ignored internal warnings about their client Jeffrey Epstein, the bank settled a class action out of court.

The New Daily

SCB course to shape new leaders

SCB-Julius Baer Securities Co, a strategic joint venture between Siam Commercial Bank and Julius Baer, has launched its latest venture -- The 45 Academia programme -- aimed at cultivating the "leaders of tomorrow".

Bangkok Post

Mortgage turmoil deepens as Santander pulls loans and interest rates could rise again

Soaring cost of home loans is ‘very important’ issue says HSBC UK boss

The Independent UK

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Millions of Nationwide customers to get £100 payment amid record profits

The money will be paid automatically into accounts from tomorrow (June 13) to June 30

Bristol Post

Millions to get £100 cash boost to bank accounts from tomorrow

Nationwide will give out a generous cash boost after experiencing record-high profits

Manchester Evening News

JPMorgan to pay $290m to settle with Epstein victims

Agreement would compensate victims who say JPMorgan ignored warnings about Epstein’s abuse and kept him as a client.

Al Jazeera

Lloyds Bank appoints new head of asset finance in the South East and South West

Nathan Morgan was previously an associate director

Birmingham Post

JP Morgan reaches settlement with Jeffrey Epstein victims

‘We all now understand that Epstein’s behaviour was monstrous’ JP Morgan said

Evening Standard

Ukrainian bank accuses former owners of ‘epic’ £1.5bn fraud at London trial

JSC Commercial Bank Privatbank has accused businessmen Igor Kolomoisky and Gennadiy Bogolyubov of misappropriating more than £1.5 billion.

Evening Standard

Millions of people to start receiving £100 in their accounts from Tuesday - see how

Customers will receive the one-off payment directly in their account as part of a building society's Fairer Share scheme

Chronicle Live

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StockNews.com

The Top 2 Bank Stocks to Watch This Week and 1 to Avoid

The U.S. banking sector has been under immense pressure following the collapses of three major regional banks. With the bank turmoil far from over, it could be wise to add fundamentally sound foreign bank stocks China Minsheng (CMAKY) and Grupo Financiero (GGAL) to your watchlist this week, which are positioned…

The Independent UK

JPMorgan reaches settlement with victims of late paedophile Jeffrey Epstein

Two parties have reportedly reached a $290m ‘agreement in principle to settle’ the lawsuit brought last November by women who were abused by Epstein

Daily Record

Free banking services you can access at any Post Office including cash withdrawals and cheque deposits

Nearly every UK bank customer can access their account at their local Post Office.

Daily Mirror

Millions to start receiving £100 cash payment from TODAY - see who is eligible

Nationwide - which has 16.3 million customers worldwide - will pay out £340million in total, directly into customer accounts from this Tuesday, June 13

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Birmingham Post

HSBC unveils Innovation Banking arm centred on former Silicon Valley Bank UK business

'The UK’s world-leading technology and life sciences sectors are central to growing the UK economy'

Birmingham Post

South West business confidence falls amid growth 'slowdown'

A survey by Natwest found firms in the region reported higher wage costs and concerns about the squeeze on customers' budgets amid the rising cost of living

Bangkok Post

Krungsri upbeat on digital baht

The Bank of Thailand is working with three payment service providers to launch its retail central bank digital currency (CBDC), a novel financial infrastructure it claims will improve the convenience and efficiency of financial transactions with lower costs.

Chronicle Live

Your options if your bank including Lloyds, Halifax, NatWest and HSBC is shutting its doors in the North East

Seventeen North East communities so far are losing their branches in 2023 as more people opt to use online services

The Hindu

Will increase Ladli Behna Yojana aid to ₹3,000 a month, says Chouhan

Crediting the first monthly instalment of ₹1,000 into the bank accounts of financially weak women under the Mukyamantri Ladli Behna Yojana on Saturday, Madhya Pradesh Chief Minister Shivraj Singh Chouhan said that he had plans to increase the assistance to ₹3,000 a month in future.

WEKU

How two big Wall Street banks are rethinking the office for a post-pandemic future

From more air circulation to well stacked pantries, JPMorgan Chase and BNP Paribas are seeking to make the office a draw at a time when work-from-home is becoming commonplace.

The Guardian - AU

Iraq’s central bank to blame for dispute behind jailing of Australian Robert Pether, tribunal finds

Engineer’s family says International Court of Arbitration decision strengthens the case for freeing him

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