The Latest Breaking News on Financial Services

The Export-Import Bank of Thailand (Exim Bank) is ready to take the lead in offering syndicated loans to Thai firms planning to invest overseas, says president Rak Vorrakitpokatorn.

More than $95m has been lost to scams so far this year, while the big four are expected to make more than $33bn

HSBC customers now have until 10 May to increase their interest-free overdraft limit from £25 to £500. Lloyds, Nationwide and First Direct also offer similar support. We explain everything you need to know

Fears of a financial system collapse due to bank failures last month is rising. Investors have been dumping shares of banks despite assurances by the financial regulators. However, this presents an opportunity for contrarian traders to buy M&T Bank (MTB), Webster Financial (WBS), New York Community Bancorp (NYCB), and Pinnacle…

Lothian Broadband Networks will use the funding to complete the latest phase of expansion by the end of 2024

Deriving its name from the date of its establishment of the first bank in the country, the Saudi British Bank (SABB) announced on Tuesday the change of its commercial name, and the re-launch of its new identity under the name SAB – الأول. This comes two years after successful merger…

Krungthai Bank (KTB) is gearing up for S-curve growth in the virtual banking and wealth tech sectors over the next five years.

Jamie Dimon says downfalls of Silicon Valley Bank and Credit Suisse have undermined confidence

High inflation and rate hikes are gulping away the insurance industry’s profit. Moreover, recessionary fears following the turmoil in the banking sector have dampened the industry’s prospects this year. Hence, it could be wise to avoid fundamentally weak insurance stocks Lemonade (LMND), Hippo Holdings (HIPO), and Maiden Holdings (MHLD). Read…

Regional bank stocks might look cheap, but analysts caution against going bargain hunting just yet.

Central bank decides against £8.5m fine because of collapsed firm’s ‘limited resources’