The Latest Breaking News on Financial Services

Nationwide says a ‘relatively soft landing’ in housing market is possible, while TSB is penalised for operational failings over botched move to new IT platform in 2018

The new notes are expected to enter circulation by mid-2024

New-look banknotes showing the portrait of King Charles III have been shared by the Bank of England for the first time - but the eco-conscious monarch wants them to enter circulation slowly

RBA’s final meeting minutes reveal concerns about higher spending over summer holidays without Covid restrictions

Hong Kong chief executive John Lee and Macau chief executive Ho Iat Seng will head to Chinese capital Beijing over Dec. 21-24, state media and a government statement said on Tuesday.

Nineteen people were detained during recent raids on 22 locations in Bangkok, Nonthaburi, Chiang Rai, Phayao, Chon Buri, and Prachuap Khiri Khan and charged with operating unlawful money lending services.

Monarch’s portrait on £5, £10, £20 and £50 likely to enter circulation in 2024

(This Dec. 19 story has been corrected to fix debt figures in first chart)

Many small businesses that received federal pandemic aid are now on the hook for repayments, and some say the timing couldn't be worse.

In the past five years, the number of bank branches has dropped 30 per cent. While growing numbers of Australians are doing their banking online, the local bank remains a vital service for many isolated regional communities.

Although aggressive rate increases put pressure on other industries, the financial sector, which includes insurers, usually benefits from it. With the Fed expected to keep the rates higher through next year, it could be prudent to buy fundamentally strong insurance stocks The Hartford Financial Services (HIG), CNA Financial (CNA), and…