The Latest Breaking News on Financial Services

NYCB shares plummet amid concerns over real estate assets, while a new chairman takes the helm.

Regional banks fell after New York Community Bancorp released a liquidity update, appointed new chairman following big Moody's rating cut.

Learn about the recent redlining settlement involving First National Bank of Pennsylvania, accused of discriminating against Black and Latino homebuyers in...

HSBC and the Halifax today increased the cost of mortgages, despite a widespread expectation that the Bank of England will cut interest rates before the year is out – perhaps as early as the summer.

Growing fears of a mass City jobs cull rose today when spread betting house CMC Markets said it would axe 200 jobs -- 17% of its headcount. Replicated across the Square Mile that would be tens of thousands of jobs.

A $1.8 million fine has been doled out to Westpac for ‘unconscionable conduct’ that netted the bank $20 million, with a judge calling the punishment ‘risible’.

Former Swiss finance minister defends his actions in the collapse of Credit Suisse, stating that he acted in line with regulations and did not contribute t...

The small cooperatives have found themselves at a crossroads, with concerns over governance and consolidation threats

Amid the ongoing demand for financial services and an increasing incorporation of digital technology, the financial industry presents a strong and promising outlook. The prevailing high-interest rate environment provides further stimulus to the financial services companies. With financial services companies Moody's (MCO) and First American Financial (FAF) set to unveil…