Category : Banking


BofA CEO exits Adobe board after DOJ scrutiny

Bank of America's chief executive Brian Moynihan has unexpectedly resigned from Adobe's board of directors following US Department of Justice concerns about potential interlocking directorates antitrust violations.

JPMorgan CEO Dimon Supports Trump Economic Agenda

Wall Street titan Jamie Dimon delivers unexpected endorsement of Donald Trump's economic policies during exclusive ballroom gathering, sending shockwaves through financial and political circles.

Lost Florentine Diamond found in Canadian bank vault

After vanishing for decades, the legendary 132-carat Florentine Diamond - once owned by royalty and stolen by Nazis - has been discovered in a Canadian safety deposit box, solving one of history's greatest jewellery mysteries.

Banks spared tax rises in Reeves budget

Chancellor Rachel Reeves is set to exempt major banks from tax increases in her upcoming budget, signalling a pragmatic approach to financial sector relations while facing criticism from opposition parties.

Australian Banks Sound Alarm Over WFH Security Crisis

Major Australian financial institutions are confronting unprecedented cybersecurity threats as remote working becomes permanent, with experts warning of sophisticated phishing attacks and data breaches targeting home networks.

UK pilot scheme helps homeless people access banking

The UK government launches a groundbreaking initiative to tackle financial exclusion by helping homeless individuals access basic banking services through a new pilot scheme starting in January.

Fourth US Bank Collapses as First Republic Fails

First Republic Bank becomes latest casualty in American banking turmoil, with JPMorgan acquiring assets in dramatic federal intervention following SVB, Signature and Silvergate failures.

Premier Nationwide Building Society Shuts Down

Exclusive: Premier Nationwide Building Society ceases operations, leaving customers seeking alternative banking solutions. Full details on the closure and consumer guidance.

JPMorgan pays $365M in Epstein scandal settlement

Wall Street giant JPMorgan Chase agrees to pay $75 million to US Virgin Islands and $290 million to victims in Jeffrey Epstein scandal, raising serious questions about banking compliance and oversight.

Record bank switching sees Nationwide beat rivals

Exclusive analysis reveals Nationwide Building Society has become Britain's favourite bank for switchers, while Monzo leads digital challengers in the biggest account migration surge since 2022.

UK Banking Crisis: Customers Report Empty Accounts

Thousands of British banking customers face financial chaos as Santander, Barclays and Halifax experience severe technical failures causing accounts to show zero balances and disappearing transactions.

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