The Latest Breaking News on Financial Services

The largest U.S. bank by assets, JPMorgan (JPM), raised its net interest income guidance by $3 billion last month following the acquisition of the First Republic Bank. However, the bank remains cautious as the uncertainty over deposits and the economy could impact its forecast. Should investors consider buying the stock…

The latest wave of closures from Barclays will see 13 bank branches shut in England and one in Scotland, while no branches in Wales or Northern Ireland are affected this time

To survive the 2023 stock market, investors should focus on high-quality stocks and bonds, watch out for a recession, and above all, stay nimble, says Wells Fargo Investment Institute's senior global market strategist.

If banks have to recover outstanding loan amount, the same has to be recovered in accordance with the procedure established by law. Coercive method of recovery by private agents, if appointed by banks, is not permissible. The banks certainly cannot use muscle power to recover the loan amount, the Madras…

Since March, the banking sector has encountered numerous challenges, resulting in the collapse of three major banks, which has shattered investors’ sentiments. While I think fundamentally strong bank stock Hanover Bancorp (HNVR) could be worth buying, avoiding Glacier Bancorp (GBCI) and Silvergate Capital (SICP) might be wise. Keep reading.

SCB X Plc is teaming up with KakaoBank of South Korea to set up a consortium to apply for a virtual bank licence from the Bank of Thailand.

The banking regulator has expanded a pilot program for disposal of nonperforming personal loans, allowing hundreds of financial institutions to offload their bad debt

People demand the return of their savings and call for officials involved in corruption to be held accountable.

CNBC “Mad Money” host Jim Cramer weighed in on the Chinese economy and offered a bleak outlook for the U.S. market