Banks & Stock Exchanges

Latest articles and news in Banks & Stock Exchanges

UK Premium Bonds October Draw Date and Prize CheckerBanks & Stock Exchanges

UK Premium Bonds October Draw Date and Prize Checker

By Islam El-Sakka More than 22 million savers hold UK Premium Bonds, with over £137 billion invested in the go...

Binance $6.3 Billion Hack: Customer Protections ExaminedBanks & Stock Exchanges

Binance $6.3 Billion Hack: Customer Protections Examined

By Karim Hammam A $6.3 billion hack at cryptocurrency exchange Binance has highlighted the limited protections...

Tech Sell-Off Wipes Nearly $1 Trillion Off US Markets After Weak EarningsBanks & Stock Exchanges

Tech Sell-Off Wipes Nearly $1 Trillion Off US Markets After Weak Earnings

By Salma El-Sakka US markets tumbled Friday as a sell-off in technology stocks intensified following disappoin...

FTSE 100 Rises Slightly as Tech Slump Hits Wall StreetBanks & Stock Exchanges

FTSE 100 Rises Slightly as Tech Slump Hits Wall Street

By Islam El-Sakka London's FTSE 100 closed marginally higher on Friday while major US indices tumbled as conce...

Binance Freezes $3B in Record $6.3B Crypto Hack Tied to North KoreaBanks & Stock Exchanges

Binance Freezes $3B in Record $6.3B Crypto Hack Tied to North Korea

By Salma El-Sakka Binance, the world's largest cryptocurrency exchange, has frozen approximately $3 billion of...

$2 Trillion Wiped Off Tech Stocks Amid AI Spending FearsBanks & Stock Exchanges

$2 Trillion Wiped Off Tech Stocks Amid AI Spending Fears

By Basant El-Faramawy The tech-heavy Nasdaq 100 is on track to erase more than $2 trillion in market value thi...

NatWest Reports £2.2 Billion Profit While Cutting 1,000 JobsBanks & Stock Exchanges

NatWest Reports £2.2 Billion Profit While Cutting 1,000 Jobs

By Fatma Younis NatWest Group has reported a pre-tax profit of £2.2 billion for the latest period, even as the...

US tech stocks plunge on AI cost concernsBanks & Stock Exchanges

US tech stocks plunge on AI cost concerns

By Ahmed Abdelsalam US technology stocks fell sharply on Friday as investor concerns mounted over the rising c...

Binance Pledges $5 Billion to Cover $6 Billion Hack LossesBanks & Stock Exchanges

Binance Pledges $5 Billion to Cover $6 Billion Hack Losses

By Salma El-Sakka A record-setting cyberattack on Binance, the world's largest cryptocurrency exchange, has sh...

Intel Shares Plunge 25% as Alphabet Loses $500 Billion in ValueBanks & Stock Exchanges

Intel Shares Plunge 25% as Alphabet Loses $500 Billion in Value

By Salma El-Sakka Intel's stock fell 25% after a massive wipeout in the valuation of Google's parent company A...

Google Stock Plunge and Binance Hack Shake MarketsBanks & Stock Exchanges

Google Stock Plunge and Binance Hack Shake Markets

By Ahmed Abdelsalam Financial markets faced twin shocks as Google shares suffered a historic decline amid conc...

NatWest cuts 1,000 jobs as AI drives efficiency and profits riseBanks & Stock Exchanges

NatWest cuts 1,000 jobs as AI drives efficiency and profits rise

By Basant El-Faramawy NatWest Group reported a 2 per cent increase in quarterly operating pre-tax profit to £2...

Binance Suffers $6.3bn Hack, Largest Crypto Theft EverBanks & Stock Exchanges

Binance Suffers $6.3bn Hack, Largest Crypto Theft Ever

By Karim Hammam Binance, the world's largest cryptocurrency exchange, has been hit by a $6.3bn hack believed t...

How to Protect Your Money from Rising AI CyberattacksBanks & Stock Exchanges

How to Protect Your Money from Rising AI Cyberattacks

By Fatma Younis Cyberattacks are becoming more frequent and sophisticated, with artificial intelligence enabli...

Hackers Steal $6.3 Billion from Binance in 20-Minute HeistBanks & Stock Exchanges

Hackers Steal $6.3 Billion from Binance in 20-Minute Heist

By Salma El-Sakka Hackers stole $6.3 billion from Binance, the world's largest cryptocurrency exchange, in a r...

National Express Owner Mobico Agrees £308m Spanish TakeoverBanks & Stock Exchanges

National Express Owner Mobico Agrees £308m Spanish Takeover

By Karim Hammam National Express parent company Mobico has agreed to a £308 million takeover by Spanish transp...

Intel shares plunge 25% after earnings miss; Alphabet loses $500bnBanks & Stock Exchanges

Intel shares plunge 25% after earnings miss; Alphabet loses $500bn

By Ahmed Abdelsalam Intel shares are set to fall 25% when U.S. markets open on Friday, wiping about $121.7 bil...

Binance $6.3bn Hack: Half Assets Frozen, North Korea SuspectedBanks & Stock Exchanges

Binance $6.3bn Hack: Half Assets Frozen, North Korea Suspected

By Salma El-Sakka Binance, the world's largest cryptocurrency exchange, has been hit by a $6.3 billion hack, w...

NatWest Cuts 1,000 Jobs, Saves £420M in Efficiency DriveBanks & Stock Exchanges

NatWest Cuts 1,000 Jobs, Saves £420M in Efficiency Drive

By Sohaib Shams NatWest Group reported a 2% rise in quarterly operating pre-tax profit to £2.2 billion, driven...

North Korean Hackers Blamed for $6.3 Billion Binance HeistBanks & Stock Exchanges

North Korean Hackers Blamed for $6.3 Billion Binance Heist

By Karim Hammam Hackers stole $6.3 billion from Binance, the world's largest cryptocurrency exchange, in what ...

Asian Markets Mixed Amid AI Worries After Alphabet DropBanks & Stock Exchanges

Asian Markets Mixed Amid AI Worries After Alphabet Drop

By Fatma Younis Asian shares traded mixed Friday as concerns over artificial intelligence's future grew follow...

Binance Hack Reports Prompt Tether, Circle to Freeze $1.5 BillionBanks & Stock Exchanges

Binance Hack Reports Prompt Tether, Circle to Freeze $1.5 Billion

By Salma El-Sakka Binance said Thursday it was investigating a “potential security issue” after a series of ve...

Google Stock Crashes, Wiping $500 Billion Amid AI PanicBanks & Stock Exchanges

Google Stock Crashes, Wiping $500 Billion Amid AI Panic

By Karim Hammam Google's stock price plummeted in its largest single-day market crash, erasing approximately $...

Alphabet Shares Plunge 12% Wiping $500 Billion Amid AI Spending ConcernsBanks & Stock Exchanges

Alphabet Shares Plunge 12% Wiping $500 Billion Amid AI Spending Concerns

By Salma El-Sakka Alphabet shares tumbled more than 12 percent on Thursday, wiping roughly $500 billion off th...

Polymarket Halts Trading Over Third-Party Security BreachBanks & Stock Exchanges

Polymarket Halts Trading Over Third-Party Security Breach

By Salma El-Sakka Polymarket temporarily halted trading on its international platform Thursday due to a securi...

European Stocks Rise After ECB, Fed Hold RatesBanks & Stock Exchanges

European Stocks Rise After ECB, Fed Hold Rates

By Salma El-Sakka European stocks rallied Thursday after the European Central Bank and Federal Reserve left in...

Alphabet Stock Plunges 12% on AI Fears, Erases $500 BillionBanks & Stock Exchanges

Alphabet Stock Plunges 12% on AI Fears, Erases $500 Billion

By Basant El-Faramawy Shares of Google parent company Alphabet sank more than 12% on Thursday, marking its wor...

Haleon Shares Slide After Sales Target Cut on Weak Cold, Flu DemandBanks & Stock Exchanges

Haleon Shares Slide After Sales Target Cut on Weak Cold, Flu Demand

By Karim Hammam Consumer healthcare group Haleon lowered its full-year sales guidance after weaker demand for ...

Lloyds CFO Criticizes UK Bank Tax Rise Linked to Energy Bill SupportBanks & Stock Exchanges

Lloyds CFO Criticizes UK Bank Tax Rise Linked to Energy Bill Support

By Salma El-Sakka Lloyds Banking Group chief financial officer William Chalmers has criticized Chancellor John...

ECB President Christine Lagarde to Resign Feb. 7, Nine Months EarlyBanks & Stock Exchanges

ECB President Christine Lagarde to Resign Feb. 7, Nine Months Early

By Basant El-Faramawy European Central Bank President Christine Lagarde will step down on February 7, nine mon...

Alphabet Shares Drop 9% After Earnings Miss, $8.7 Billion Investment LossBanks & Stock Exchanges

Alphabet Shares Drop 9% After Earnings Miss, $8.7 Billion Investment Loss

By Salma El-Sakka Alphabet Inc. shares fell sharply in after-hours trading Wednesday after the Google parent c...

Lloyds CFO Criticizes Bank Tax Hike as Unhelpful to GrowthBanks & Stock Exchanges

Lloyds CFO Criticizes Bank Tax Hike as Unhelpful to Growth

By Fatma Younis Lloyds Banking Group’s chief financial officer William Chalmers has described the government’s...

Lloyds profits nearly double as higher rates boost incomeBanks & Stock Exchanges

Lloyds profits nearly double as higher rates boost income

By Karim Hammam Lloyds Banking Group reported a pre-tax profit of £2.3 billion for the third quarter, nearly d...

Asian Shares Mixed After Alphabet Earnings DisappointBanks & Stock Exchanges

Asian Shares Mixed After Alphabet Earnings Disappoint

By Basant El-Faramawy Asian shares and U.S. futures traded mixed Thursday as Google parent Alphabet's disappoi...

Alphabet Misses Revenue Estimates, Stock Falls 9% After HoursBanks & Stock Exchanges

Alphabet Misses Revenue Estimates, Stock Falls 9% After Hours

By Karim Hammam Alphabet Inc., the parent company of Google, reported third-quarter revenue that fell short of...

Federal Reserve Plans Fewer Rate Meetings, Chairman SaysBanks & Stock Exchanges

Federal Reserve Plans Fewer Rate Meetings, Chairman Says

By Salma El-Sakka The Federal Reserve plans to eliminate some interest rate-setting meetings starting next fal...

UK Budget Met with Market Calm as Focus Shifts to US FedBanks & Stock Exchanges

UK Budget Met with Market Calm as Focus Shifts to US Fed

By Sohaib Shams London's FTSE 100 closed slightly higher on Wednesday as investors digested Chancellor John He...

Fed Holds Rates Steady Despite Rising InflationBanks & Stock Exchanges

Fed Holds Rates Steady Despite Rising Inflation

By Basant El-Faramawy The Federal Reserve voted Wednesday to keep interest rates unchanged, delivering its fin...

Tembo launches 8% regular saver accountBanks & Stock Exchanges

Tembo launches 8% regular saver account

By Sohaib Shams Tembo has launched a new regular saver account offering an 8 per cent interest rate, the highe...

S4 Capital Shares Plunge 20% as Marketing Budgets Shift to AIBanks & Stock Exchanges

S4 Capital Shares Plunge 20% as Marketing Budgets Shift to AI

By Karim Hammam Shares in S4 Capital dropped around 20% on Wednesday after the advertising company warned that...

Wendy's Receives $1.4 Billion Buyout Offer from Nelson PeltzBanks & Stock Exchanges

Wendy's Receives $1.4 Billion Buyout Offer from Nelson Peltz

By Sohaib Shams Struggling burger chain Wendy's has received a buyout offer from activist investor Nelson Pelt...

GSK Shares Fall on Weak Vaccine Sales, Restructuring ChargesBanks & Stock Exchanges

GSK Shares Fall on Weak Vaccine Sales, Restructuring Charges

By Salma El-Sakka Shares in GSK tumbled on Wednesday, making the British drugmaker the biggest faller on the F...

Chancellor Healey Set to Reverse ISA Allowance Cut to £12,000Banks & Stock Exchanges

Chancellor Healey Set to Reverse ISA Allowance Cut to £12,000

By Ahmed Abdelsalam Chancellor John Healey is reportedly planning to reverse a decision to slash the annual In...

Santander UK Profits Fall 6% Despite TSB Acquisition BoostBanks & Stock Exchanges

Santander UK Profits Fall 6% Despite TSB Acquisition Boost

By Karim Hammam Santander UK reported a 6% decline in pre-tax profit for the first nine months of 2026, despit...

Asian Stocks Rise on Wall Street Rally, Oil Edges HigherBanks & Stock Exchanges

Asian Stocks Rise on Wall Street Rally, Oil Edges Higher

By Fatma Younis Asian stocks were mostly higher Wednesday after an AI-driven rally on Wall Street lifted senti...

Jio Platforms Soars 21% in Mumbai IPO, Hits $131.5B ValuationBanks & Stock Exchanges

Jio Platforms Soars 21% in Mumbai IPO, Hits $131.5B Valuation

By Salma El-Sakka Shares of Reliance Jio Platforms jumped 21 percent in their Mumbai stock market debut on Wed...