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The Latest Breaking News on Financial Services

Close Brothers slumps to loss amid write-downs and more compensation provisions

The firm revealed it tumbled to a pre-tax operating loss of £122.4 million for the year to July 31.

Evening Standard

Europe's Digital Euro Just Got a Launch Date—And It Could Reshape How You Pay for Everything by 2029

The European Central Bank just dropped a timeline that could fundamentally alter how 450 million Europeans handle money, and the implications stretch far beyond just replacing cash in your wallet.

Benzinga

Financial sector urged to shoot higher on climate risk

The global financial sector has been urged to prevent further backsliding on climate and to stop funnelling money into new fossil fuels in an open letter.

AAP

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Interest rate decision to dominate economic agenda

Mortgage holders are unlikely to get a leg up from the Reserve Bank this week, with markets and analysts predicting the cash rate to remain on hold on Tuesday.

AAP

HSBC Offloads Sri Lanka Consumer Unit, Focuses On Global Corporate Clients

HSBC Holdings’ (NYSE: HSBC) shares are trading relatively flat in the premarket session on Friday.

Benzinga

Will Donald Trump's Visa Crackdown Backfire? JPMorgan CEO Jamie Dimon 'Begs' POTUS Over 'Damaging' New H-1B Visa Rules

JPMorgan CEO Jamie Dimon has urged Donald Trump to reconsider a proposed $100,000 H-1B visa fee, warning that it could damage US competitiveness, drive jobs offshore, and restrict access to global talent.

International Business Times UK

Economy and tax worries holding back small business spending, Barclays warns

Business investment refers to spending on assets like buildings, machinery and intellectual property.

The Independent UK

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Bank closures: All the Lloyds, BoS and Halifax branches that are shutting and when

All the latest branch closures will take place between January and October 2026

The Independent UK

Former Co-op Bank boss ordered to pay £184,000 or face more jail

‘Crystal Methodist’ Paul Flowers was jailed after defrauding an elderly spinster.

Evening Standard

Asian Markets Mixed As Traders Take Stock After Fed-fuelled Rally

Asian markets fluctuated between gains and losses Monday as investors took a step back after last week's rally fuelled by the Federal Reserve's interest rate cut.

International Business Times

Red flags: how to avoid falling victim to a ‘money mule’ scam

Repercussions of receiving illicit funds, even unwittingly, in your account and passing them on can be long and costly

The Guardian - UK

A Long Island couple vanished months ago. Now, two people have been accused of stealing nearly $3 million from them

Roy Wang and Qiuju Wu were arrested after police say they stole the couple’s money in a matter of days this summer

The Independent UK

Easy Income Portfolio: September 2025 Update

Market and Economic BackdropSeptember has been a month of mixed signals across global markets. Inflation remains sticky, with shelter, services, and insurance costs continuing to put upward pressure on consumer prices. The Federal Reserve has signaled patience but has not yet delivered the long-anticipated rate cuts. Long-term Treasury yields remain…

Benzinga

Mixed markets in London as Donald Trump and Xi Jinping talk

It comes in a week when interest rate decisions went mostly as expected.

The Independent UK

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Kiplinger

The Best Bank Stocks to Buy

Bank stocks are part of the financial services sector and are a way to gain exposure to the broader economy. Here, we look at how you can find the best ones.

The Independent UK

The six major banks offering up to £200 cash to switch your current account

Nationwide, NatWest and first direct have joined Lloyds in offering cash rewards to move

Evening Standard

Bank of England slows rate it sells off government bonds

The Bank’s announcement came alongside its decision to keep UK interest rates at 4%.

The Independent UK

Communities are using rules to successfully maintain access to cash – regulator

Monmouth in Wales is the 121st banking hub to open in 12 months, with new Financial Conduct Authority rules having come into force a year ago.

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The Independent UK

Well-known chef facing charges in San Francisco after 3 bank robberies

San Francisco Police say a well-known chef is facing charges after three bank robberies last week

The Independent UK

The romance scam signs to look out for as over-55s frequently targeted for their money

There has been a 52 per cent rise in romance scams among victims aged over 55 in the past year

The Independent UK

Bank highlights common jobs and excuses for needing money used in romance scams

Lloyds is warning people about red flags to look out for that could be a sign of a romance scam.

The Independent UK

Another high street bank joins the cash offer war in bid to win your current account

NatWest will give you £175 to move banks - and you could earn even more

The National (Scotland)

Scottish bank's historic B-listed headquarters put on sale for £18.5m

THE historic B-listed Edinburgh headquarters of TSB Bank have been put on sale ...

The Independent UK

Bank to pay record £118m fine after failing to refund dead customers

Its corporate misconduct affected almost 65,000 customers

The Guardian - AU

‘Betrayed the trust of Australians’: ANZ bank pays record $240m fine for widespread misconduct

Company admits allegations in four investigations brought by financial regulator Asic

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