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The Latest Breaking News on Financial Services

Santander and Barclays slash mortgage rates as experts predict ‘price war’

Santander and Barclays are the latest mortgage lenders to have brought down their fixed rate deals, despite a looming base rate rise, as brokers expect a “price war”

Daily Mirror

Earn free £200 from Santander by switching your bank account in new limited-time offer

The free cash incentive is available to new and existing customers who switch their banking services to Santander.

Daily Record

IMF's Georgieva sees broad deal with China on debt restructurings

The International Monetary Fund has reached an understanding in principle with China about a debt restructuring strategy that could help resolve Zambia's debt crisis, its chief said on Tuesday in Lusaka.

Reuters

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Warning over 'advance fee' scam that could leave you hundreds of pounds out of pocket

Fraudsters will often target people on low incomes or with a poor credit history, Lloyds Bank has warned - here's how the scam works

Chronicle Live

Bank issues urgent scam payment warning after new surge in people being asked for money upfront

The number of ‘advance fee’ frauds reported to Lloyds Banking Group has jumped by 82% in the last 12 months.

Daily Record

Martin Lewis issues urgent warning to debit card users and advice on overdrafts

Money saving expert Martin Lewis discussed debt during his ITV Money Show Live

Belfast Live

IMF Selects a Saudi as Chairman for Ad Hoc Audit Selection Committee

The members of the Executive Board of the International Monetary Fund (IMF) have unanimously selected the Executive Director of Saudi Arabia at the IMF, Abdullah bin Zarah, as chairman of the Ad Hoc Audit Selection Committee (ASC) and as a member of the Evaluation Committee (EVC) of the Executive Board…

Asharq Al-Awsat

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Staple Hill High Street bookies approved despite gambling addiction concerns

More than 200 people objected to BoyleSports' change-of-use application for old Lloyds Bank building

Bristol Post

Lloyds issues urgent warning over 'ruthless' scams targeting customers

Reports of loan fee scams have surged over the past 12 months according to the banking group

Manchester Evening News

Fears future generations will have 'nothing left' in Beeston after closure of Lloyds bank

Lloyds Bank recently confirmed it will close its Beeston branch off Foster Avenue on May 11. The company cited a decreased number of visitors to the bank as the reason for the move.

Nottingham Post

Lloyds Bank issues £711 warning to all customers

The banking giant is urging people to stay safe online as fraudsters move in amid the cost of living crisis

Liverpool Echo

Reports of scams soar as cost of living crisis deepens, experts warn

Fraudsters are now targeting victims looking for cheap loans and holidays

Wales Online

Major bank issues urgent warning over scam that could cost you £700

Fraudsters are creating fake ads for loans and jobs before disappearing with people's money in a surge of advance fee scam cases, with hard-up households most at risk

Daily Mirror

Mary Catherine Ryan, a banker, philanthropist and Edgewater fixture, dies at 83

Mrs. Ryan, a female trailblazer in the Chicago private banking world, devoted herself to family and to philanthropic projects across the city.

Chicago Sun-Times

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Bangkok Post

KTC records 20% net profit growth in 2022

SET-listed Krungthai Card (KTC), a non-bank business under Krungthai Bank (KTB), posted net profit growth of 20% in 2022, thanks to Thailand's economic rebound and improving tourism after the country's reopening.

Bangkok Post

Ministry to pilot utility bill data sandbox

The Finance Ministry will test in a sandbox the use of utility bill data by small and medium-sized enterprises (SMEs) to support their applications for new loans from state-owned financial institutions, said Chuenchob Kongudom, vice-minister to the Prime Minister.

Reuters

India commits to help Sri Lanka on debt in prospective IMF program

India has committed to help ease the debt burden of its crisis-stricken neighbor Sri Lanka as part of a possible International Monetary Fund-supported program, the IMF said on Monday.

Nottingham Post

Police statement after officers called to incident outside Victoria Shopping Centre

Anyone with information is asked to come forward

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The Independent UK

Who is Sir Laurie Magnus, Rishi Sunak’s new ethics adviser?

Sir Laurie Magnus was appointed in December 2022 following 40 years of experience in the financial services sector

Nottingham Post

Fraudster caught after he attempted to use stolen bank card in McDonald's

The owner was aleted by his bank

Reuters

Iraqi PM walks diplomatic tightrope in crackdown on dollars smuggled to Iran

Under pressure from Washington to stem the flow of dollars into Iran, Iraq's prime minister sent elite counter-terrorism forces more accustomed to battling Islamist militants to shut down dealers smuggling the currency to the Islamic Republic.

Evening Standard

Talking Point: Does the City have a class problem?

Working-class candidates for jobs in the City may still find themselves at a disadvantage.

The Independent UK

Who is Richard Sharp? BBC chairman who ‘helped Boris Johnson secure £800,000 loan’

Former banker worked for more than 30 years in the financial sector, including a 23-year stint at investment giant Goldman Sachs

Daily Mirror

High street bank is offering FREE £200 cash for new and existing customers

The battle between high street banks to attract current account customers is beginning to heat up again as the list of banks bringing in switching incentives like this is growing

Liverpool Echo

Morrisons raiders cover faces as they steal from tills in late night break-in

Three people are believed to have broken into Morrisons in the early hours

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