Banks & Stock Exchanges

Latest articles and news in Banks & Stock Exchanges

Tech Investors Brace for More Pain After $2.5 Trillion WipeoutBanks & Stock Exchanges

Tech Investors Brace for More Pain After $2.5 Trillion Wipeout

By Karim Hammam A $2.5 trillion sell-off in major U.S. technology stocks has left investors questioning the du...

Global Tech Stocks Fall on Fears of US AI RestrictionsBanks & Stock Exchanges

Global Tech Stocks Fall on Fears of US AI Restrictions

By Salma El-Sakka Global technology stocks declined sharply amid growing concerns that the United States may i...

Global Tech Stocks Tumble on AI Regulation Fears After US MidtermsBanks & Stock Exchanges

Global Tech Stocks Tumble on AI Regulation Fears After US Midterms

By Fatma Younis Global stock markets fell sharply on Friday as a sell-off in U.S. technology shares spread ove...

Global Stocks Plunge on AI Slowdown Fears After Democrats' Midterm WinBanks & Stock Exchanges

Global Stocks Plunge on AI Slowdown Fears After Democrats' Midterm Win

By Ahmed Abdelsalam Global stock markets tumbled on Friday as a sharp sell-off in U.S. technology shares sprea...

Global Market Rout Deepens as Midterms Intensify AI FearsBanks & Stock Exchanges

Global Market Rout Deepens as Midterms Intensify AI Fears

By Ahmed Abdelsalam Global technology stocks plunged Friday as a dramatic selloff sparked by U.S. midterm elec...

AI Stocks Lead Worst Market Crash in 18 MonthsBanks & Stock Exchanges

AI Stocks Lead Worst Market Crash in 18 Months

By Salma El-Sakka Major stock markets suffered severe declines Thursday as investors sold off artificial intel...

Wall Street AI stocks plunge as Trump blames DemocratsBanks & Stock Exchanges

Wall Street AI stocks plunge as Trump blames Democrats

By Islam El-Sakka Wall Street experienced a sharp selloff in artificial intelligence-related stocks, contribut...

Global Markets Tumble After US Tech Sell-OffBanks & Stock Exchanges

Global Markets Tumble After US Tech Sell-Off

By Karim Hammam Global financial markets plunged on Friday following a massive sell-off in US technology stock...

SpaceX, Tech Stocks Plunge After Democratic Midterm SweepBanks & Stock Exchanges

SpaceX, Tech Stocks Plunge After Democratic Midterm Sweep

By Fatma Younis Shares in Elon Musk’s SpaceX dropped more than 9% by midday Thursday as technology and artific...

Nasdaq Falls 5% Into Correction Territory on AI Regulation FearsBanks & Stock Exchanges

Nasdaq Falls 5% Into Correction Territory on AI Regulation Fears

By Islam El-Sakka The tech-heavy Nasdaq composite index slumped up to 5% on Thursday, entering correction terr...

Bank of England Hikes Rates as US Stocks PlungeBanks & Stock Exchanges

Bank of England Hikes Rates as US Stocks Plunge

By Basant El-Faramawy The Bank of England raised interest rates by 25 basis points to 4.00% on Thursday, deliv...

Dow plunges 1,200 points, erasing midterm election rallyBanks & Stock Exchanges

Dow plunges 1,200 points, erasing midterm election rally

By Islam El-Sakka The Dow Jones Industrial Average plunged about 1,200 points on Thursday, erasing most of the...

Ueno Bank Collapse Sparks Political Crisis in ParaguayBanks & Stock Exchanges

Ueno Bank Collapse Sparks Political Crisis in Paraguay

By Ahmed Abdelsalam Paraguay's central bank seized Ueno Bank on Tuesday after discovering poorly documented lo...

Bank of England Raises Rates to 4% as Inflation Surges Amid Iran ConflictBanks & Stock Exchanges

Bank of England Raises Rates to 4% as Inflation Surges Amid Iran Conflict

By Salma El-Sakka The Bank of England raised its base interest rate to 4% from 3.75% on Thursday, marking the ...

Wall Street Tumbles as AI Stocks Lead Worst Day Since 2025 TariffsBanks & Stock Exchanges

Wall Street Tumbles as AI Stocks Lead Worst Day Since 2025 Tariffs

By Islam El-Sakka U.S. stocks plunged Thursday, sending the S&P 500 down 3% toward its worst session since Pre...

Nationwide hides 38,000 payment references to combat economic abuseBanks & Stock Exchanges

Nationwide hides 38,000 payment references to combat economic abuse

By Karim Hammam More than 38,000 payment references have been hidden by Nationwide Building Society customers ...

Wendy's Rejects $1.4 Billion Buyout, Adopts Poison PillBanks & Stock Exchanges

Wendy's Rejects $1.4 Billion Buyout, Adopts Poison Pill

By Karim Hammam Wendy's has rejected a $1.4 billion buyout offer from activist investor Nelson Peltz, saying t...

Wendy's Rejects $1.4B Buyout Bid, Adopts Poison PillBanks & Stock Exchanges

Wendy's Rejects $1.4B Buyout Bid, Adopts Poison Pill

By Basant El-Faramawy Wendy's rejected a $1.4 billion buyout offer from activist investor Nelson Peltz, saying...

Bank of England Raises Rates to 4% Amid Iran Conflict Inflation FearsBanks & Stock Exchanges

Bank of England Raises Rates to 4% Amid Iran Conflict Inflation Fears

By Basant El-Faramawy The Bank of England has raised its base interest rate to 4% from 3.75%, the first increa...

Bank of England Hikes Interest Rates to 4% as Energy Prices SurgeBanks & Stock Exchanges

Bank of England Hikes Interest Rates to 4% as Energy Prices Surge

By Fatma Younis The Bank of England has raised its base interest rate to 4% from 3.75%, marking the first incr...

Bank of England Raises Rates to 4% Amid Iran War Inflation FearsBanks & Stock Exchanges

Bank of England Raises Rates to 4% Amid Iran War Inflation Fears

By Fatma Younis The Bank of England has raised its base interest rate to 4% from 3.75%, marking the first incr...

Bank of England raises rates to 4%, warns more hikes if Iran war persistsBanks & Stock Exchanges

Bank of England raises rates to 4%, warns more hikes if Iran war persists

By Karim Hammam The Bank of England has raised its base interest rate to 4% from 3.75%, marking the first incr...

Bank of England Raises Interest Rates to 4%Banks & Stock Exchanges

Bank of England Raises Interest Rates to 4%

By Ahmed Abdelsalam The Bank of England has raised its key interest rate to 4%, confirming the first increase ...

Bank of England raises interest rates to 4% amid Iran war inflation fearsBanks & Stock Exchanges

Bank of England raises interest rates to 4% amid Iran war inflation fears

By Salma El-Sakka The Bank of England has raised its base interest rate to 4% from 3.75%, the first increase i...

Bank of England Raises Interest Rates to 4% for First Time in Three YearsBanks & Stock Exchanges

Bank of England Raises Interest Rates to 4% for First Time in Three Years

By Basant El-Faramawy The Bank of England has raised its base interest rate from 3.75% to 4%, marking the firs...

Pound hits highest level since 2016 Brexit voteBanks & Stock Exchanges

Pound hits highest level since 2016 Brexit vote

By Basant El-Faramawy The pound has reached its strongest level against a basket of currencies since the day o...

Bank of England to Raise Rates for First Time in Three YearsBanks & Stock Exchanges

Bank of England to Raise Rates for First Time in Three Years

By Ahmed Abdelsalam The Bank of England is expected to hike interest rates for the first time in three years. ...

Bank of England Set to Hike Rates for First Time in Three YearsBanks & Stock Exchanges

Bank of England Set to Hike Rates for First Time in Three Years

By Fatma Younis The Bank of England is widely expected to raise interest rates on Thursday for the first time ...

Asian Shares Mostly Rise After US Midterms, Chipmakers Drag KospiBanks & Stock Exchanges

Asian Shares Mostly Rise After US Midterms, Chipmakers Drag Kospi

By Karim Hammam Asian shares mostly advanced Thursday after U.S. stocks rallied following the midterm election...

Current account switches surge 55% in third quarterBanks & Stock Exchanges

Current account switches surge 55% in third quarter

By Sohaib Shams The number of current account switches in the UK jumped by 55% in the third quarter of 2026 co...

NS&I Pays £3m to Estates in Bereavement Compensation SchemeBanks & Stock Exchanges

NS&I Pays £3m to Estates in Bereavement Compensation Scheme

By Basant El-Faramawy National Savings and Investments (NS&I) has paid more than £3 million in repayments and ...

Flutter Cuts Outlook After $1.15B Quarterly LossBanks & Stock Exchanges

Flutter Cuts Outlook After $1.15B Quarterly Loss

By Fatma Younis Flutter Entertainment, the owner of Paddy Power and Betfair, has slashed its full-year guidanc...

Bank of England Set to Raise Rates to 4% to Combat InflationBanks & Stock Exchanges

Bank of England Set to Raise Rates to 4% to Combat Inflation

By Sohaib Shams The Bank of England is widely expected to raise interest rates to 4% on Thursday, marking the ...

Dow surges 1,000 points as Democrats win Congress controlBanks & Stock Exchanges

Dow surges 1,000 points as Democrats win Congress control

By Basant El-Faramawy The Dow Jones Industrial Average jumped 1,009 points, or 1.9%, at the opening of trading...

Best UK Savings Accounts and Cash ISAs for November 2026Banks & Stock Exchanges

Best UK Savings Accounts and Cash ISAs for November 2026

By Salma El-Sakka UK savers can earn up to 5% on instant-access accounts this November, with the Bank of Engla...

Jaja Finance Redefines Credit Card Market with AI-Driven SimplicityBanks & Stock Exchanges

Jaja Finance Redefines Credit Card Market with AI-Driven Simplicity

By Sohaib Shams Jaja Finance is reshaping the UK credit card market by focusing on simplicity, fairness, and A...

Asian Markets Mixed After Democrats Gain Congress MajoritiesBanks & Stock Exchanges

Asian Markets Mixed After Democrats Gain Congress Majorities

By Sohaib Shams Asian shares and U.S. futures traded mixed Wednesday after U.S. midterm elections handed Democ...

Stock Futures Drop as Democratic Wave Threatens AI BoomBanks & Stock Exchanges

Stock Futures Drop as Democratic Wave Threatens AI Boom

By Fatma Younis Stock futures slid Tuesday night after Democrats won commanding victories in key races across ...

US Tech Stocks Rebound After AI Spending SelloffBanks & Stock Exchanges

US Tech Stocks Rebound After AI Spending Selloff

By Karim Hammam US technology stocks recovered Tuesday afternoon following a selloff that rattled investors co...

Stocks Falter Amid Uncertainty Ahead of US Midterm ElectionsBanks & Stock Exchanges

Stocks Falter Amid Uncertainty Ahead of US Midterm Elections

By Basant El-Faramawy London stocks closed lower on Tuesday as a fresh US strike on Iran heightened market ner...

FCA Stands Ready to Act on Potential Budget LeakBanks & Stock Exchanges

FCA Stands Ready to Act on Potential Budget Leak

By Sohaib Shams The Financial Conduct Authority (FCA) has said it stands ready to take action over a potential...

Paraguay Seizes Ueno Bank Tied to President PeñaBanks & Stock Exchanges

Paraguay Seizes Ueno Bank Tied to President Peña

By Islam El-Sakka Paraguay’s central bank seized Ueno Bank early Tuesday, a major digital lender with close ti...

Lloyds Banking Group to Close 17 UK Branches in NovemberBanks & Stock Exchanges

Lloyds Banking Group to Close 17 UK Branches in November

By Basant El-Faramawy Lloyds Banking Group will close 17 high street branches across the UK in November 2026, ...

Drivers Mis-Sold Car Loans May Get Payouts Amid Legal ChallengeBanks & Stock Exchanges

Drivers Mis-Sold Car Loans May Get Payouts Amid Legal Challenge

By Ahmed Abdelsalam Drivers who were mis-sold car loans could receive payouts sooner than expected, as the Fin...

UK ATM withdrawals hit record high after government emergency adviceBanks & Stock Exchanges

UK ATM withdrawals hit record high after government emergency advice

By Basant El-Faramawy British cash withdrawals from ATMs reached a record average of £106.20 on Friday, the hi...

UK Drivers May Receive Early Car Finance Compensation OffersBanks & Stock Exchanges

UK Drivers May Receive Early Car Finance Compensation Offers

By Ahmed Abdelsalam UK drivers who were mis-sold car finance agreements may receive compensation offers from l...

Tech stock crash raises concerns for ISA and pension saversBanks & Stock Exchanges

Tech stock crash raises concerns for ISA and pension savers

By Islam El-Sakka Technology stocks suffered a sharp sell-off last week as investors grew wary of massive spen...

Barclays Offers Early Payouts for Mis-sold Car LoansBanks & Stock Exchanges

Barclays Offers Early Payouts for Mis-sold Car Loans

By Karim Hammam Barclays has become the first major UK lender to offer compensation to tens of thousands of cu...

Binance says it covered 90% of $6.3 billion hack lossesBanks & Stock Exchanges

Binance says it covered 90% of $6.3 billion hack losses

By Karim Hammam Binance says it has replenished 90% of the $6.3 billion in cryptocurrency stolen in a recent h...

Binance Covers 90% of $6.3bn Hack Losses, Aims to Resume WithdrawalsBanks & Stock Exchanges

Binance Covers 90% of $6.3bn Hack Losses, Aims to Resume Withdrawals

By Fatma Younis Binance, the world's largest cryptocurrency exchange, said on Saturday it has covered 90% of t...