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The Latest Breaking News on Financial Services

£5m Surrey mansion at centre of row over Russian bank sanctions loophole

Lawyers claim the assets of a Russian banker accused of fraud can be legally sent to a bank controlled by Vladimir Putin

The Guardian - UK

Lavish homes of fatcat bank bosses tackling mortgage crisis - including £12k treehouse

Top bankers advising on the home loan crunch have been revealed as multi-million pound homeowners with no mortgages and 'woodland-type' gardens, while many families struggle to make ends meet.

Daily Mirror

KBTG sees Vietnam as IT hub

Kasikorn Business-Technology Group (KBTG), an arm of Kasikornbank, has established KBTG Vietnam as its IT hub to seek additional personnel to serve its parent's regional digital expansion and support the bank's goal of becoming one of the top 20 banks in Vietnam by 2027.

Bangkok Post

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Headwinds in the third quarter

In the third quarter, we believe the global economy will face three risk factors: economic slowdown, with inflation and interest rates remaining high; risks from tighter financial liquidity; and slower economic growth in China and emerging markets.

Bangkok Post

What mortgage repayment calculators are available and how do they work?

Most high street banks and building societies offer quick and easy tools to help you determine monthly costs

The Independent UK

Wolverhampton homeless charity banks £11,000 NatWest donation

The Good Shepherd supports people experiencing homelessness and people at risk of homelessness

Birmingham Post

3 Bank Stocks Investors Are After

Although there are some signs of stabilization, the stress in the U.S. banking sector remains high, posing a significant threat to economic growth. With investors still concerned about the viability of the banking system, it could be wise to look beyond borders and invest in quality foreign bank stocks Banco…

StockNews.com

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Paypal to bring in major change for users as Bank of England hikes interest rate

Paypal credit customers received the email informing them of the hike in interest merely hours are the Bank of England's base rate rise.

Daily Mirror

Food review: We tried the cafe on site of a former Co Tyrone bank building

The Old Bank in Stewartstown opened last year

Belfast Live

Financial Health Trumps Looks In New Partner Search: NatWest

38% of UK adults find fiscal responsibility more attractive than physical appearance, according to a new poll.

Zenger

3 Bank Stocks With Buying Interest

The regional banking crisis appears to have evolved from a short-term catastrophe to a concern for the U.S. economy in the long run. Thus, it could be wise to look beyond the national shores and invest in robust overseas bank stocks Barclays (BCS), Erste Group (EBKDY), and Grupo Financiero (GGAL).…

StockNews.com

Former high street bank could become new bar, restaurant and flats

The building, on Market Avenue in Ashton-under-Lyne, dates back to 1849 and was most recently occupied by Yorkshire Bank which closed in January 2022

Manchester Evening News

Swiss central bank urges review of 'too big to fail' bank safeguards after Credit Suisse debacle

Switzerland’s central bank says it's time to review rules aimed at preventing disastrous bank collapses

The Independent UK

‘Big call’ on RBA governor to be made in July

The next governor of Australia's central bank will be announced in July, Treasurer Jim Chalmers says, amid mounting speculation.

The New Daily

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Bangkok Post

Exim Bank promotes export credit policies

Export-Import (Exim) Bank of Thailand advocates the use of export credit insurance to safeguard against non-payment risks from overseas buyers, says first vice-president Apinut Chatusripitak.

Edinburgh Live

New multi-storey Edinburgh Starbucks with views of castle planned for Princes Street

The City of Edinburgh Council has validated an application which would see 118 Princes Street, on the corner of Castle Street, converted into the café with first floor views of the castle itself

StockNews.com

3 Bank Stocks to Keep Watching

Despite signs of improving sentiment around the U.S. banking system, investors and depositors remain concerned about its stability. Therefore, it could be wise to add fundamentally strong foreign banks KB Financial Group (KB), Banco Macro (BMA), and Banco BBVA Argentina (BBAR) to one’s watchlist. Keep reading….

Caixin Global

Watchdog Slams Rampant Graft at China Development Bank

CCDI says it held a special conference with the lender’s Communist Party committee to discuss party governance and analyze what went wrong at the bank

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The Independent UK

Jeffrey Epstein was ‘particularly close’ to Peter Mandelson – shock report

Mandelson ‘stayed at Epstein’s New York home’ when he was Labour minister, emails show

The National (Scotland)

Scottish National Investment Bank facing loss of £9m loan to Circularity Scotland

SCOTLAND’S state-owned investment bank is facing the loss of a £9 million loan to Circularity Scotland after the firm appointed administrators.

Birmingham Post

Nationwide promises to keep high street branches open until 2026

The Swindon-headquartered building society has 605 branches across the country

The Independent UK

Nationwide extends promise not to leave towns without a local branch until at least 2026

Company, which is owned by its 16 million customers, says it has invested £46m in keeping its network open

Birmingham Post

Bristol interior design firm wins multi-million pound contract to 'transform' city centre complex

Paramount has been tasked with providing a "high-spec refurbishment" for global investment bank Credit Suisse

Newsroom.co.nz

Michael Wood resigns as a minister after further revelations

The suspended Transport Minister's family trust holds shares in Chorus, Spark and the National Australia Bank.

The Independent UK

Mortgage lenders ‘stand ready’ to help borrowers struggling with payments

Lenders urged those who are worried about their payments to get in touch.

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