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The Latest Breaking News on Financial Services

Full list of HSBC closures as bank announces it will shut 114 branches across UK

Some of the branches being closed served fewer than 250 customers a week

Manchester Evening News

Full list of HSBC branches including two in NI to close as part of UK wide cuts

114 closures across the UK begin from April

Belfast Live

HSBC announces Arnold branch will close next year - as it shuts 114 banks across the country

A list of all the closures has been confirmed

Nottingham Post

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Santander, HSBC, Nationwide, Lloyds Bank and TSB warning to bank account holders

Some banks may be leaving customers vulnerable to fraudulent spoofing scams, according to a report

Liverpool Echo

Europe stocks, euro rise on elevated eurozone inflation

London (AFP) - European equities and the euro rose Wednesday as eurozone inflation slowed but remained elevated on high energy costs.

AFP

HSBC to close 114 banks next year - full list of affected branches

HSBC to axe 114 branches from April in move to mobile banking

Liverpool Echo

HSBC to axe 114 branches from April in move to mobile banking

The bank said it is investing tens of millions of pounds in updating its remaining branch network, which will total 327 after the closures

Evening Standard

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Full list of the 114 HSBC banks set to close from April 2023

HSBC added that around 100 staff could leave the bank as a result of plans

Birmingham Post

Powell Speech Preview: Markets Seeking First Dovish Tilt As Rate Bets Fade, Dollar Retreats

Fed Chair Powell's hawkish Jackson Hole speech upended stocks in August, but today's inflation picture is far less worrying.

The Street

HSBC to close 114 branches across UK as use drops ‘significantly’ after pandemic

Bank slashes around a quarter of branches in country

The Independent UK

HSBC to close 114 branches across the UK - full list

Closures will start in April

Wales Online

HSBC to close 114 banks next year - see full list of affected branches

High street bank HSBC says it is closing 114 of its branches next year as Brits favour online banking over going into a physical outlet, and has announced where all the closures will happen

Daily Mirror

Nottingham Castle Trust liquidators share message over refunds after collapse

The landmark attraction closed after a £30m revamp

Nottingham Post

California hospitals had to put charity care rules on their websites months ago. Some didn't do it

LOS ANGELES — To help patients who are financially strapped, California lawmakers decided to stiffen state requirements for hospitals to offer free or discounted care.

Los Angeles Times

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Wales Online

Some banks 'are leaving customers vulnerable to spoofing scams' - is yours one of them?

Fraudsters use number spoofing to make calls appear to be from genuine companies

The Guardian - UK

UK plans to relax ringfencing rules on banks to spark Brexit ‘big bang’

Largest banks would still be ringfenced, while smaller lenders might not need to follow rules

Bangkok Post

Bank of Thailand raises key interest rate

The Bank of Thailand (BoT) raised its key interest rate by 25 basis points for a third straight meeting on Wednesday, as it tries to contain above-target inflation while supporting an economic recovery facing increasing global headwinds.

Manchester Evening News

Revived nightclub plans in limbo until owner has 'decency' to appear before councillors

New proposals for the old Royal Bank of Scotland, in Middleton, went before Rochdale council's planning committee.

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news in one place.

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Insider UK

Scottish business confidence at highest rate since July

Survey conducted earlier this month shows Scottish companies having the highest confidence of all UK nations and regions

AFP

Markets rise as traders weigh China moves, await Fed's Powell

Hong Kong (AFP) - Markets rose Wednesday on hopes that China will further ease its strict Covid containment measures following widespread protests, though gains were tempered by leaders' warnings of a crackdown on dissent.

Financial Times

‘It just kinda went crazy’: FTX’s lavish spending highlights lack of controls

Sam Bankman-Fried’s crypto group showered employees with perks before collapsing into bankruptcy

AFP

Equities mostly up as traders weigh China moves, await Fed's Powell

Hong Kong (AFP) - Markets mostly rose Wednesday on hopes that China will further ease its strict Covid containment measures following widespread political unrest, though gains were tempered by leaders' warnings of a crackdown on dissent across the country.

AAP

Big five banks scope out climate losses

Australia's big five banks should cope with lending losses caused by climate change but will be more vulnerable to economic downturns, a new analysis shows.

AAP

Banks stronger now than in GFC: RBA

A senior RBA official says the financial system would have been in strife during the COVID-19 pandemic if it were still as fragile as in 2007.

The Independent UK

Business confidence at highest rate since July, report shows

The Bank of Scotland business barometer showed about one in three firms reported higher confidence in their prospects.

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