The Latest Breaking News on Financial Services

The United States sanctioned several Central American officials it accused of possible corruption in their respective countries on Friday, including two politicians close to El Salvador's President Nayib Bukele.

The prevailing high inflation and continued interest rate hikes triggered fears of a recession and dampened investor sentiment. Amid such uncertainties, it could be wise to steer clear of fundamentally weak stocks Affirm Holdings (AFRM), Cano Health (CANO), and Faraday Future Intelligent Electric (FFIE). Continue reading….

UK banking giants, insurers and asset managers were among the companies that lifted to the top of the FTSE 100 on Friday.

‘Red tape’ is a revealing concept. To some, it represents bureaucracy (ideally of the foreign kind) ‘gone mad’. Think Brussels directives on the correct angle of a banana – a myth based on EU Commission Regulation No 2257/94 on standards for bananas.

Chancellor accused of ‘race to bottom’ to mitigate Brexit damage to sector

Belgian police seized cash and searched 16 properties across Brussels during major investigation into corruption and money laundering

THE Tories are risking a repeat of “the catastrophe of the financial crash in 2008” by cutting back on the safeguards placed on banking in its…

Chancellor Jeremy Hunt said the so-called “Edinburgh reforms” of 30 changes will “turbocharge” growth

There is a sweeping package of more than 30 reforms

MUMBAI: India's foreign exchange reserves soared by $11.02 billion to reach $561.162 billion for the week ended December 2, Reserve Bank data showed on Friday.

Jeremy Hunt has announced a package of more than 30 regulatory changes - known as the "Edinburgh Reforms" - which will replace EU regulation and "cut red tape" following Brexit