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The Latest Breaking News on Financial Services

Santander takes fresh swipe at City watchdog as its car loan scandal bill tops £460m

UK arm brands FCA’s compensation scheme ‘overreach’ as Spanish owner signs surprise $12bn takeover of Webster Bank in US

The Guardian - UK

A whiff of familiarity in Mandelson’s 2009 collusion with the banks

For Labour veterans of the financial crisis the Epstein files revealed a betrayal – but 16 years on, is the City calling the shots?

The Guardian - UK

Santander to cut costs further as profits rise despite another motor finance hit

The Spanish-owned lending giant reported a 14% rise in pre-tax profits to £1.51 billion for 2025.

Evening Standard

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Williams lands major deal with British bank as Santander drops off team partner list

Williams Racing has announced Barclays as its official banking partner for the 2026 F1 season

Motorsport

Female head for corporate watchdog in milestone move

Jim Chalmers says the next head of Australia's financial watchdog, Sarah Court, is an experienced litigator and leader and will make a positive impact.

AAP

Santander to close further 44 branches as it gears up for £2.6bn takeover of TSB

Closure of one in eight sites puts almost 300 branch-based workers’ jobs at risk

The Guardian - UK

FTSE 100 Live 29 January: Lloyds results cheer, easyJet and Saga shares advance

The FTSE 100 index today traded higher in a session when the price of gold extended its rally to near $5600 an ounce.

Evening Standard

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Al Habtoor Group exits Lebanon and lays off employees after dispute with authorities

Al Habtoor Group, based in the United Arab Emirates, is closing its operations in Lebanon and laying off all employees

The Independent UK

Top bank sees new wave of store closures across 13 states

The major bank is planning to drastically reduce its retail footprint and will axe up to 10 percent of its stores

The Independent UK

F1 announces new partnership with Standard Chartered as support expands to F1 Academy

Formula 1 and F1 Academy have signed a multi-year partnership with Standard Chartered, making the bank an official F1 partner and supporting the development of female talent through F1 Academy

Motorsport

Saudi Central Bank releases bank holiday schedule through 2029

The Saudi Central Bank has released a 2026-2029 holiday schedule for financial institutions, aiming to enhance market transparency and operational continuity. This long-term plan provides advance notice for major religious observances like Eid Al Fitr and Eid Al Adha, alongside fixed national holidays, enabling better financial planning for businesses and…

The Times of India

Bank of Scotland fined £160,000 over account for sanctioned Putin ally

Dmitrii Ovsiannikov, who had held senior roles in Russian government, used a variant spelling of his name to access UK banking system

The Guardian - UK

Lloyds set to see annual profits rise despite motor finance hit

Most analysts expect the lender to deliver a 7% rise in pre-tax profits for the year, with the City pencilling in £6.38 billion.

The Independent UK

Make this your first step in getting out of credit card debt

‘Looking at our credit card statement, learning how much we owe, and creating a repayment plan actually reduces anxiety because we are taking steps to address the issue,’ one expert said

The Independent UK

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Axios

Why Jamie Dimon, JPMorgan are top Trump targets

Trump is suing JPMorgan Chase and CEO Jamie Dimon, alleging the bank improperly cut him off from its financial services.

The Independent UK

Savers boosted by new bank launch promising ‘a service that feels human’

A new digital-only offering will be called thisbank

International Business Times

Trump Escalates Battle With JPMorgan, Threatens Legal Action Over Account Closure

Trump threatens to sue JPMorgan over account closures following the Jan. 6 Capitol riots, calling it "debanking."

International Business Times

Alien Disclosure Could Trigger 'Total Financial Instability,' Former BoE Analyst Warns

A former Bank of England analyst has warned that official alien disclosure could spark global financial chaos and market instability.

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news in one place.

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The Guardian - US

Trump says he’ll sue JPMorgan Chase for allegedly cutting him off after US Capitol riot

President also denies he ever offered JPMorgan CEO Jamie Dimon the chair of the Federal Reserve

International Business Times UK

Hidden Fees: Depositing a Cheque Just Became More Costly — Other Banks May Be Charging Extra Fees Too

Truist Bank recently hiked the cost for cheques drawn on an account that are deposited electronically using a remote deposit capture service.

International Business Times UK

List of Banks Closed on MLK Day Including Chase, Bank of America, and Wells Fargo — Why It Matters for Your Paycheck and Payments

Chase, Bank of America, Wells Fargo, and other major US banks will close on Monday, 19 January 2026 for MLK Day, affecting direct deposits and ACH payments.

The Independent UK

HSBC launches review of insurance arm in Singapore

It marks the latest step in a plan being led by boss Georges Elhedery to streamline the banking giant and cut costs.

AAP

Hot or not? Strong spending complicates rate picture

Upcoming data will give the Reserve Bank a better sense of whether higher interest rates are required to take the heat out of Australia's economy.

Evening Standard

Nationwide issues warning to customers after fraud cases

Nationwide has launched a new tool in its banking app to help customers keep scammers away

The Guardian - UK

Lloyds questioned by watchdog over use of staff banking data in pay talks

ICO says it is making inquiries with banking group over data privacy after it accessed 30,000 staff accounts

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