The Latest Breaking News on Financial Services

The United States wants China to provide credible and specific assurances to the International Monetary Fund (IMF) along with other creditors to help Sri Lanka unlock a $2.9 billion bailout, a senior U.S. diplomat said on Wednesday.

Edinburgh-based firm names successor, promoting from within

The Financial Conduct Authority is being pushed towards ‘breaking point’ because of the number of staff leaving the business, Unite said.

The self-made mogul who has loaned out millions to people following the 2008 financial crash says huge inheritances can 'spoil' children and wants his son and daughter to know the value of making their own

Lebanon devalued its official exchange rate for the first time in 25 years on Wednesday, weakening it by 90% but still leaving the local currency well below its market value. The pound has crashed since a financial meltdown in 2019 after decades of corruption, profligate spending and mismanagement by the…

Fraudsters posing as cops have told the victims their bank has been issuing fake bank notes

The bank increased business lending despite the winding down of Government loan schemes linked to the pandemic

Linda Dobbie took cash from elderly Anne Beck's bank account on a regular basis for more than a year before she was rumbled by bosses at the care firm where she worked.

Iraq's premier said Tuesday that new banking regulations had revealed fraudulent dollar transactions made from his country, as the fresh controls coincide with a drop in the local currency's value. Iraq has in recent months been making efforts to ensure its banking system is compliant with the international electronic transfer…

Kiatnakin Phatra Financial Group, a holding company of Kiatnakin Phatra Bank (KKP), aims to slow down total loan growth for this year to handle the higher risk of rising financial costs and the global recession.

Mike Rogers is expected to take over from outgoing chair Annette Court in April