The Latest Breaking News on Financial Services

Although the recent bank failures are playing on investors’ minds, one must not deter from investing in the financial sector. Investors could benefit from buying fundamentally strong financial stocks Everi Holdings (EVRI), Forrester Research (FORR), and CPI Card Group (PMTS), given their solid growth prospects. Keep reading.

Zurich (AFP) - Sergio Ermotti, back as chief executive of UBS to oversee the mammoth takeover of Credit Suisse, has gone from local apprentice to the two-time boss of a top global bank.

Enforcement Directorate (ED) on Friday attached assets worth Rs 6.69 crore belonging to Kunal Gandhi, partner of Magnum Steels, Mumbai and his family members in a bank loan cheating case. Read further on Dynamite News:

Analysts say the UBS takeover of embattled rival Credit Suisse has shaken Switzerland’s self-image and dented its reputation as a global financial center

Late in 2018, two Trump-appointed banking regulators, Federal Reserve Vice Chair Randal Quarles and FDIC Chair Jelena McWilliams, went on a nationwide tour to meet with regional bank examiners.

Siam Commercial Bank (SCB) is moving towards digital banking services, though the 117-year-old financial institution still believes in a combination of human quality and technological efficiency, describing its strategy as a "digital bank with a human touch".

RECAP: Asian stock markets advanced yesterday as investors' focus shifted from worries about the global banking system. That followed a revival on Wall Street, where rate-sensitive property and technology stocks led gains on Thursday.

With confidence in the banking industry shaken, Bel Fuse (BELFB) is a fundamentally strong stock in the of-late avoided technology sector, to which capital could be redirected for impressive risk-adjusted return. Continue reading….

Thirty days ago, few Americans knew what Silicon Valley Bank was or worried about their own bank accounts. Thirty days ago, the Federal Reserve had one fight on its hands: inflation. Thirty days ago, investors were buoyed by decent economic data — but not too strong — supporting confidence the…