The Latest Breaking News on Financial Services

Still-elevated inflation and rising interest rates have resulted in a significant pullback in consumer spending. Amid a challenging economic backdrop, it could be wise to avoid fundamentally weak consumer goods stocks PLBY Group (PLBY), Vinco Ventures (BBIG), and AquaBounty Technologies (AQB). Read more….

The latest list of closures - which will all happen in July - comes on top of the 69 branches that had already been earmarked to shut, meaning 84 Barclays banks will go this year

Finance ministers and central bank governors are meeting at the IMF to discuss challenges facing global economy.

JPMorgan posted record quarterly revenue Friday. Wells Fargo, Citigroup and PNC Financial beat results, sending bank stocks surging.

An options trade around earnings for JPMorgan stock comes as the stock shows elevated implied volatility,

A "technical issue" has allowed some customers with Papua New Guinea's largest bank to overdraw money from their accounts, while others have watched their bank balances drop.

People would rather visit a bank branch to seek human advice as cost pressures mount, a survey found

People would rather visit a bank branch to seek human advice as cost pressures mount, a survey found.

The World Bank's ongoing reform could result in a $50 billion lending boost over the next decade, US Treasury Secretary Janet Yellen told AFP ahead of stakeholders' meetings next week where key changes are expected to be announced. Central bankers, finance ministers and participants from more than 180 member countries…