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The Latest Breaking News on Financial Services

China’s AIA, PICC Among Insurers Called Out for Inaccurate Data

The insurance firms get named and shamed after probes into their solvency reporting

Caixin Global

Commentary: 'Wokeness' at the Fed could easily create another banking crisis

You expect your money to be safe in a bank, but if the Federal Reserve gets its way, that may not be the case soon.

Tribune News Service

West Lothian towns 'need protection' from future risks after pandemic

Calls for protecting towns amid cost of living crisis given cross-party support

Daily Record

From analysis to the latest developments in health,
read the most diverse news in one place.

How can my bank help me through the cost-of-living crisis?

If you’re worried about money and keeping up with bills, don’t forget your bank might be able to help. By Vicky Shaw.

The Independent UK

5 ways to get on top of your debts in 2023

Around a quarter of us have started the new year in debt, according to a new survey. Vicky Shaw finds out how to get back on track.

The Independent UK

FinTech West appoints senior Natwest and PwC leaders to board

The Bristol-based organisation was founded by firms operating in the city to bring together companies in the South West’s growing financial tech sector

Birmingham Post

The GOP war on green investing

From the U.S. House to state governments, the GOP takes aim at pro-climate finance strategies

Salon

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Danish police arrest dozens in large money laundering case

Danish police said on Thursday they had arrested 135 people in a large-scale operation on suspicion of laundering money defrauded from elderly people.

Reuters

First Abu Dhabi Bank: No Longer Considering Possible Offer for StanChart

First Abu Dhabi Bank (FAB), the United Arab Emirates' biggest lender, said on Thursday it was considering a bid for London-listed Standard Chartered but was no longer doing so. Bloomberg had earlier reported that FAB had been exploring an offer for Standard Chartered as part of a plan aimed at…

Asharq Al-Awsat

Business owner describes 'scary' scenes as police race to Kilmarnock Road incident

More than four police cars descended on Kilmarnock Road, in the Shawlands area, around 1.15pm following an incident which a business owner has described as 'scary'.

Glasgow Live

Names of UK Covid business loan borrowers to stay secret, tribunal rules

Ruling says enough scrutiny exists to detect fraud while naming recipients in £47bn scheme puts them at risk

The Guardian - UK

Morrisons offering drivers 5p per litre off fuel at all petrol stations in January

Customers will be offered a coupon that entitles them to 5p off every litre of fuel at the pumps when they spend £35 in-store

Daily Record

Bank Holiday trick to get 48 days off with just 19 days leave this year

There's an extra bank holiday in 2023

Liverpool Echo

£150m investment fund for Scotland prepares for summer launch

British Business Bank invites proposals from potential fund managers to operate new fund

Insider UK

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news in one place.

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Tribune News Service

Minneapolis Fed's Kashkari calls for raising interest rates at least a few more times this year

Federal Reserve Bank of Minneapolis President Neel Kashkari made clear Wednesday that he will push for raising interest rates at least three more times — for a total of about a percentage point — as a voting member this year on the Fed's rate-setting committee.

Bangkok Post

KTC to offer personal loans on apps

Krungthai Card Plc (KTC), a non-bank business under Krungthai Bank (KTB), plans to offer personal loans via KTB's Pao Tang mobile application this year.

StockNews.com

Is SOFI a Penny Stock You Should Want to Buy?

Financial services company SoFi Technologies (SOFI) recorded impressive growth across its business segments. However, the company’s losses widened, and analysts seem bearish about its earnings growth prospects due to its bleak fundamentals and the potential recessionary pressures. Thus, is it wise to buy this under $5 fintech stock? Read more…

The Guardian - UK

UK credit card borrowing soars to highest monthly level since 2004

Concerns mount over cost of living crisis as November figures show additional £1.2bn borrowing on cards

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The Times of India

HDFC Bank posts 19.5% loan growth in Q3

NEW DELHI: Private sector lender HDFC Bank on Wednesday said it has recorded a 19.5 per cent increase in credit growth to Rs 15 lakh crore for the third quarter ended December 2022.

Evening Standard

All rise! Ten new towers planned for City of London skyline

New skyscrapers are being planned for London’s financial centre in a sign of investor confidence in the capital

Edinburgh Live

Call to protect West Lothian town centres for the future backed by council

There's cross party support for a review of policies towards the preservation of town centres in the area along with a call to engage with communities and local representatives on the future

Birmingham Post

Principality Building Society appoints new non-executive director

Ian Greenstreet has held senior roles with the likes of HSBC, Lloyds and ABN AMRO

Tribune News Service

Student debt relief: Where borrowers stand as Supreme Court weighs Biden's plan

When President Joe Biden announced his federal student loan forgiveness plan last year, nearly 26 million Americans jumped on the chance for debt relief.

Dynamite News

Kolkata to host first Meeting of Global Partnership For Financial Inclusion Working Group on Jan 9-11

The G20 India on Wednesday said the first Meeting of Global Partnership for Financial Inclusion (GPFI) Working Group of G20 under the Finance Track under India's G20 Presidency would be hosted in Kolkata. Read on for details:

Football London

Stan Kroenke reaches £70m Arsenal agreement amid fresh Mykhaylo Mudryk transfer bid

Arsenal transfer news: The Gunners are expected to continue their pursuit of Ukrainian Mykhaylo Mudryk in this January transfer window

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