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The Latest Breaking News on Financial Services

Thailand requires banks to cap most online transfers at $1,500 daily to thwart scammers

Banks in Thailand are being required to limit online transfers to as little as $1,500 a day in a move that aims to protect customers from losing money to scams

The Independent UK

Police investigate sabotage claims by UK activists against ‘fossil fuel finance’

Shut the System says its supporters carried out actions at offices of JP Morgan Chase, Allianz and Barclaycard

The Guardian - UK

Institutions Keep Raising The Gold Bar Despite Short-Term Technical Weakness

Institutions remain vigilant about raising their gold price forecasts, as the precious metal continues to benefit from persistent U.S. macro risks, central bank demand, and inflows from exchange-traded funds.

Benzinga

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5 High-Quality Regional Bank Stocks Breaking Out

Small regional banks in the U.S. witness a surge in their “Quality” scores, with big improvements over the past seven days alone, signaling robust financial health and stability.

Benzinga

Banking heavyweights take shine off Aussie share market

The Australian share market came off its record highs as major bank stocks took a tumble, led by the biggest of the four.

AAP

Commonwealth Bank urged to repay fees of 2 million low-income customers after posting record profit

Australia’s biggest bank delivers bumper payout to shareholders as CBA vows to end lending to coal companies with no net zero plans

The Guardian - AU

CommBank's record $10b profit could've been bigger: CEO

Commonwealth Bank could have delivered a better result than its $10 billion profit if it weren't positioning itself for AI revolution, its boss says.

AAP

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What Is The DC National Guard? Chain Of Command, Powers And How Different Are They From US Police Force?

The DC National Guard answers to the US President, not a governor, with powers and duties that set it apart from both state Guard units and local police forces.

International Business Times UK

Afternoon Update: Reserve Bank decision; Julie Bishop accused of bullying in Senate inquiry; and Swifties celebrate

Jim Chalmers says the rate cut is ‘very welcome relief for millions of Australians’

The Guardian - AU

Rates cut but borrowers told not to bank on more relief

The cash rate has been cut to its lowest level in more than two years, as the Reserve Bank resisted the temptation to wrong-foot analysts twice in two months.

AAP

Santander mortgage cap jumps by as much as 24% as bank eases lending rules

Some higher-earning couples with smaller deposits could borrow extra £130,000 as a result of overnight changes

The Guardian - UK

All the Santander branches closing this week including two in London

The closures are part of a larger restructuring plan to close 95 of its 444 branches across the UK

Evening Standard

The Guardian view on climate finance: crumbling under a second Trump presidency

Editorial: Voluntary climate commitments were supposed to be a step towards progress. A change in political climate has revealed their weaknesses

The Guardian - UK

Best Banks for Retirees 2025

National banks offer a wide variety of accounts and services, including wealth and investment management. Here's Kiplinger's pick of the best.

Kiplinger

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Kiplinger

Best Banks for High-Net-Worth Clients 2025

National banks offer a wide variety of accounts and services, including wealth and investment management. Here's Kiplinger's pick of the best.

Kiplinger

Best Banks for Travelers 2025

If you travel frequently, you may be drawn to these accounts for features such as fee-free ATM access and waived currency-conversion charges. And even if you’re not a jet-setter, you may find these options enticing.

Kiplinger

Best Credit Unions 2025

Credit unions are nonprofit institutions that are owned by their members. Many of them keep fees down and offer respectable interest rates on at least some of their accounts.

Kiplinger

Best Internet Banks 2025

Internet banks offer a wide variety of accounts and services, including wealth and investment management. Here's Kiplinger's pick of the best.

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The Independent UK

Major lenders see share prices surge after car finance mis-selling ruling

A court ruling means payouts will be at the lower end of initial estimates – though are still worth billions

The Independent UK

Shares in lenders soar after motor finance court ruling

Lloyds Banking Group and Close Brothers saw big share gains after the industry won a reprieve in the motor finance case before the UK’s highest court.

The Guardian - UK

EU-US trade deal hits investor confidence; Tesla awards Elon Musk almost $30bn of shares – as it happened

Rolling coverage of the latest economic and financial news, as shares in Lloyds and Close Brothers jump

The Guardian - UK

High street banks lose £100bn in deposits as UK savers shift to online rivals

KPMG says higher savings rates are fuelling move to challenger banks, specialist lenders and building societies

Benzinga

Bank of America Stock Slides Amid Dual Shocks Of Recession Fears And Geopolitical Threats

Shares of Bank of America Corp (NYSE:BAC) are falling Friday afternoon, caught in a broad market sell-off driven by a one-two punch of alarming U.S. economic data and an escalation in geopolitical tensions.

The Guardian - UK

Barclays follows HSBC in exit from banking industry’s net zero alliance

US banks have already pulled out of NZBA, the UN environment programme’s finance initiative

The Independent UK

Barclays becomes second UK bank to quit industry’s net zero group

The lender joins the growing trend after US banks starting leaving the Net Zero Banking Alliance ahead of Donald Trump’s inauguration.

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