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Motor finance: How rough a ride are Close Brothers in for?
Close Brothers is facing financial pressure as increasing expenses and declining loan portfolios challenge its stability, while an important regulatory decision could significantly...
Read Full Article →Is HSBC turning its back on Europe?
Under Georges Elhedery’s leadership, HSBC initiated a major restructuring focused on streamlining operations and emphasizing growth in Asia-Pacific, which could impact its financia...
Read Full Article →Bank of America analysts slap ‘buy’ rating on Barclays shares
Bank of America analysts have reaffirmed their positive outlook on Barclays shares following a strong first-quarter performance, with the bank reporting a pre-tax profit that excee...
Read Full Article →Labour to be handed ‘spying powers’ on bank accounts in Fraud Bill
The new legislation enhances the Department for Work and Pensions' capacity to directly reclaim funds from fraudulent bank accounts, raising concerns about privacy and government o...
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