The Latest Breaking News on Financial Services

Wells Fargo has agreed to a pay $1 billion to settle a lawsuit filed by its shareholders

A Stirling city centre bank branch will close its doors this summer – meaning the next nearest branch for customers will be in Glasgow city centre. The Barclays’ branch in Murray Place is earmarked for closure on Friday, August 11, with banking boss

Greg Becker tells banking committee that takeover of SVB was ‘personally and professionally devastating’

Despite assurances by federal regulators, depositors and investors remain wary of the U.S. banking sector’s risks. Amid this uncertainty, fundamentally strong foreign banking names could be worth investing in to take advantage of rising interest rates worldwide. To that end, Banco Bilbao Vizcaya Argentaria (BBVA), Banco do Brasil (BDORY), and…

Some Barclays bank branches currently open as late as 5.30pm during the week, but this will be cut to 3pm across the majority of locations from August 7

Barclays Bank has announced it will be shutting a further 15 stores in 2023, taking its total number of closures for the year to 110.

The recent failures of a trio of midsize banks has once again raised questions on whether executive compensation is tilted toward short-term gains rather than companies' long-term health

Two branches in Northumberland were included in the latest round of closures

Access Bank, one of Nigeria’s top financial institutions, has opened a subsidiary in Paris as it seeks to extend its foothold in French-speaking Africa.

The government of the US Virgin Islands has issued Tesla chief Elon Musk with a court order for documents in its lawsuit that is seeking to hold an American bank, JPMorgan Chase, liable for sex trafficking acts by Jeffrey Epstein.

The banking sector is recommending the new government prioritise elevating the country's competitiveness through the stimulation of consumption, tourism and private investment.