Financial Services
About Financial Services
Financial services are economic services tied to finance provided by financial institutions. Financial services encompass a broad range of service sector activities, especially as concerns financial management and consumer finance.
Bank branch closures hits Prime Minister Rishi Sunak's constituency
... " He said the major High Street banks should be compelled to provide support staff in all 11,500 post offices around the country to ensure community Financial Services, including access to cash, is maintained...
Burlington, Vermont, shootings leave one troubling question: Why?
... His most recent employer, CUSO Financial Services, said in a statement to the BBC that he was laid off from his job on 8 November...
Richard Teng: Who is the new boss of Binance?
... In announcing his successor, a " highly qualified leader" adding that " with over three decades of Financial Services and regulatory experience, he will navigate the company through its next period of growth"...
Ukraine war: The Russians fighting for a Ukrainian passport
... After Russia launched its full-scale invasion, Ukraine s National Bank restricted Financial Services for all Russian and Belarusian citizens, although it says those with a residence permit are not affected...
Banks accused of dragging their feet over fraud refunds, says MP
... " The trade body UK Finance, which represents the banks, said: " The Financial Services sector invests more in countering fraud than anyone else, and is the only sector that reimburses victims - even though the vast majority of authorised fraud originates on other platforms and networks...
Big banks linked to products with pangolin and leopard parts
... The companies include UK Financial Services giants such as HSBC, Prudential, and Legal & General, as well as global investment firms including Goldman Sachs, UBS, Deutsche Bank and BlackRock...
Ex-Barclays boss Jes Staley banned over Epstein scandal
... " She added that it was right to prevent him from holding a senior position in the Financial Services industry if he could not be relied on " to act with integrity by disclosing uncomfortable truths about his close personal relationship with Epstein"...
What's going on at Metro Bank?
... The BBC understands Treasury officials have been in touch with the Prudential Regulation Authority, the Financial Services regulator, which is monitoring the situation at the bank...
Ex-Barclays boss Jes Staley banned over Epstein scandal
Barclays' former boss has been banned from holding senior positions in the UK after he mischaracterised his relationship with convicted sex offender, Jeffrey Epstein .
Jes Staley has also been fined £1. 8m, said the Financial Conduct Authority.
The regulator said Mr Staley had claimed not to be close to Epstein when, in reality, emails suggested he viewed him as a " cherished" friend.
Epstein killed himself in 2019 awaiting trial on sex-trafficking charges.
Barclays announced that Mr Staley should also forego bonuses and long-term incentives totalling £17. 8m following the FCA's findings.
The regulator said Mr Staley had " recklessly" approved a letter sent by Barclays to the FCA which contained two misleading statements about his relationship with Epstein.
Therese Chambers, joint Executive Director of enforcement and market oversight at the FCA said: " A chief executive needs to exercise sound judgement and set an example to staff at their firm. Mr Staley failed to do this.
" We consider that he misled both the FCA and the Barclays board about the nature of his relationship with Epstein. "
She added that it was right to prevent him from holding a senior position in the Financial Services industry if he could not be relied on " to act with integrity by disclosing uncomfortable truths about his close personal relationship with Epstein".
Source of news: bbc.com
