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The Latest Breaking News on Financial Services

Lending to small businesses and low-income areas must expand, say Labour backbenchers

Senior politicians have tabled bill that would force UK banks to make affordable finance more accessible

The Guardian - UK

Lloyds CEO Charlie Nunn latest banking boss in line for huge bonus hike

Barclays, HSBC and NatWest shareholders already approved big pay rises after post Brexit loosening of remuneration rules

The Guardian - UK

Treasury has ‘limited grasp’ of concerns over booming shadow banking sector, peers say

Report says officials seem unprepared for potential risks that unregulated industry poses to UK financial stability

The Guardian - UK

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JPMorgan Takes Over Apple Card, Marking a Major Shift in the US Credit Card Market

JPMorgan is set to take over the Apple Card from Goldman Sachs, a deal that reshapes credit cards, consumer banking strategy, and Big Tech finance.

International Business Times

Nationwide's £100 Cash Handout Could Return — But Only If You Act Now

Nationwide's £100 Fairer Share bonus may return in 2026 — but only if you act early and follow the rules precisely. Miss the window, and it's gone.

International Business Times UK

HSBC becomes first big UK lender to cut its mortgage rates in 2026

Reduction follows Bank of England’s base cut in December, with further cuts expected this year

The Guardian - UK

Here's How India's 2026 New Finance Rules Hit Your PAN-Aadhaar, Credit Cards, & Taxes

Discover how India's 2026 financial reforms impact PAN-Aadhaar linking, credit scores, taxation, and digital payments. Stay informed to avoid financial disruptions.

International Business Times UK

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What Bilt Cardholders Need to Know as Wells Fargo Exits the Program

A major shake-up in the Bilt Rewards program could affect your credit card, rent rewards and points strategy in 2026.

Kiplinger

Branching out: why banks are back on the British high street

In towns such as Northampton, in-person help with finances is a promise many customers still depend upon

The Guardian - UK

Alexander Wishart obituary

Other lives: Banker who began work at 16 and became a director of Harrods Bank in the 1980s

The Guardian - UK

German prosecutors bring charges against Greensill officials over role in bank’s collapse

Bremen lawyers say three unnamed people charged with crimes relating to bankruptcy and misrepresentation of bank’s finances

The Guardian - UK

PayPal Files With Regulators to Launch Bank Focused on Small Business Needs

PayPal plans to launch PayPal Bank to provide small businesses with loans, savings accounts, and better financial tools.

International Business Times

FTSE 100 Live 18 December: Currys surges after results beat, BP names first female CEO

The Bank of England will today reduce the cost of borrowing by cutting interest rates from 4% to 3.75%.

Evening Standard

Regional bank pinged over money laundering guardrails

Regulatory action is being taken against a major regional bank after it self-reported suspected money laundering in its operations.

AAP

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The Independent UK

Asian shares, US futures sink ahead of US jobs report

Shares have tumbled in Asia and U.S. futures also fell ahead of the release of U.S. employment and inflation reports that could drive the direction of interest rates

The Guardian - UK

Rishi Sunak tells Covid inquiry he was worried about UK’s ability to fund itself

Reflecting on chaos of early pandemic, former chancellor said it was ‘acutely stressful’ to see rising interest bill on government bonds

The Independent UK

Three banks where you can redeem credit card rewards for gift cards

‘Gift cards are a standard part of almost every major credit card rewards ecosystem,’ one expert said

The Independent UK

This bank was just named No. 1 for customer satisfaction

’National banks are achieving higher overall customer satisfaction through enhanced digital experiences, improved account offerings and strengthened trust,’ J.D. Power noted

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International Business Times UK

Bank of America to Shut All 3,700 Branches on Christmas Day — Here's How to Avoid Payment Chaos

Bank of America confirms all US branches will close on 25 December. The bank warns customers that some transactions may be delayed during the 24-hour shutdown.

AAP

Tax reform call as data centre boom plugs in investment

A jump in forecast business investment in the midyear budget update will be unveiled by the treasurer, which bodes well for Australia's productivity growth.

Benzinga

Why This Week's Fed Decision Matters For JPMorgan (JPM) Stock

JPMorgan Chase Co (NYSE:JPM) shares are trading flat Monday afternoon, trading flat near $314 as investors await the Federal Reserve's pivotal Wednesday decision. Here’s what investors need to know.

Latin Times

Latin American Currencies Gain Favor in Bank of America's 2026 Outlook as Dollar Expected to Slide

Bank of America expects the U.S. dollar to weaken in 2026 and is recommending investment strategies tied to Latin American currencies, particularly the Brazilian real.

Benzinga

JPMorgan's $1.5 Trillion Security Push Lifts Spotlight On Defense, Critical Minerals And Tech ETFs

JPMorgan Chase Co‘s (NYSE:JPM) decision to hire Todd Combs, long viewed as a key figure in Berkshire Hathaway Inc’s (NYSE:BRK) succession bench, can spark fresh momentum in investment themes tied to U.S. national security and economic resilience.

Benzinga

JPMorgan Poaches Berkshire Hathaway Star For $10 Billion US Investment Blitz

JP Morgan Chase Co. (NYSE:JPM) is putting a familiar name behind its newest, biggest U.S.-focused investing push, and the move doubles as a headline-grabbing talent shift out of Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK).

The Guardian - UK

Bank of England cutting jobs as part of overhaul after critical Bernanke review

Bank under budget pressure as it responds to former Fed chair’s report into slow response to surging inflation

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