Global Banking & Finance

SEPTEMBER 19, 2023

Societe Generale vision falls flat as Europe’s banks falter By John O’Donnell and Mathieu Rosemain LONDON/DUBLIN (Reuters) -Societe Generale’s much-hyped new strategy plans were given a thumbs down by investors on Monday, underscoring uncertainty over European banks as they face a brittle economy.

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Global Banking & Finance

JULY 12, 2023

Nearly half of banking customers say they are missing the human connection in banking Research released today shows that banking customers are frustrated with their banking experience and are craving a more human connection from their interactions with their bank.

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Bank Banking Business 98

PE Hub

NOVEMBER 20, 2023

The post National Bank Private Investment invests in Clean International appeared first on PE Hub. Clean International is a Levis, Quebec-based industrial and commercial cleaning services and sanitation provider.

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Investment Bank Banking 103

Global Banking & Finance

NOVEMBER 30, 2023

How will PSD3 & PSR1 change open banking? Open banking, an innovative framework that requires banks to share data with licensed fintechs, has revolutionized the financial space. Previously, traditional banks held a monopoly over customer data.

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Bank Banking Shares Finance 49

Business Standard - FInance

JULY 4, 2023

Bank of India Mahila Samman Savings Certificate: The scheme was announced by Union Finance Minister Nirmala Sitharaman during her Budget speech this year

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Bank Banking Finance Finance 145

Growth Business

SEPTEMBER 25, 2023

By Dom Walbanke on Growth Business - Your gateway to entrepreneurial success The British Business Bank has recorded a £135m loss in the year ending March after a drop in portfolio valuations. Taylor took over from Catherine Lewis La Torre in February this year, stating at the time he’d like to see the bank invest in more UK scale-ups.

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Bank Banking Business Valuation 91

Global Banking & Finance

SEPTEMBER 18, 2023

Dollar steady as week of key central bank decisions kicks off By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar held steady against a basket of currencies on Monday, hovering near a six-month high as traders looked ahead to interest rate decisions this week from the Federal Reserve, the Bank of England and the […]

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Bank Banking 132

The New York Times: Banking

AUGUST 20, 2023

The action by the People’s Bank of China, the central bank, the latest in a series of steps to try to spur lending, was more modest than expected.

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Bank Banking Financial Institution Government 77

Business Standard - FInance

JUNE 23, 2023

The Reserve Bank on Friday said it has imposed a penalty of Rs 2.5 crore on Jammu and Kashmir Bank for non-compliance with certain directions, including one related to 'time-bound implementation and strengthening of SWIFT-related operational controls'. A penalty of Rs 1.45 A penalty of Rs 1.45

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Global Banking & Finance

JULY 31, 2023

Exclusive interview in London with Innocent Yonazi, Head of Investor Relations at NMB Bank PLC. Share on FacebookShare on TwitterShare on Linkedin

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Bank Banking Finance Finance 97

The New York Times: Banking

SEPTEMBER 14, 2023

Michael Barr, whom President Biden appointed as the Federal Reserve’s top bank cop, has drawn blowback for his bank regulation push.

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Bank Banking Financial Institution 98

The New York Times: Banking

SEPTEMBER 11, 2023

A Texas judge’s sweeping ruling says the Consumer Financial Protection Bureau exceeded its authority in trying to examine banks for uneven treatment.

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Bank Banking Financial Institution IT 128

The New York Times: Banking

NOVEMBER 2, 2023

Britain’s central bank said that interest rates would need to remain high for an “extended” period, and that economic growth was expected to be flat over much of the next two years.

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Bank Banking Economics Financial Institution 98

Global Banking & Finance

AUGUST 31, 2023

Sopra Banking Software is Taking a Banking Technology Approach to Powering the Lending Ambitions of U.S. Auto Manufacturers and Financial Institutions Banks and lenders have long relied on auto financing to attract customers, introduce new revenue streams and expand the markets they’re in.

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Global Banking & Finance

NOVEMBER 6, 2023

Europe needs bigger banks but mergers hard without banking union -Intesa CEO MILAN (Reuters) – European banks need to join forces if the region is to withstand competition from the United States and China but without a banking union, cross-border mergers do not make sense, the head of Italy’s biggest bank Intesa Sanpaolo said on […] (..)

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Mergers Bank Banking 52

The New York Times: Banking

SEPTEMBER 14, 2023

In its battle to control inflation, the bank raised its key interest rate to the highest level on record but suggested that rates have reached their peak.

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Bank Banking Financial Institution IT 110

Global Banking & Finance

NOVEMBER 29, 2023

Sergey Kondratenko: Fintech and open banking – trends and technologies Open banking, also known as open banking data, is an innovative practice in the banking industry. It allows third-party financial service providers access to consumer banking and transaction data.

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Bank Banking Financial Services IT 45

CNBC: Investing

OCTOBER 4, 2023

The recommendation comes even as surging bond yields have the potential to slow the economy and damage the financial sector, weighing on bank stocks.

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Bank Banking Stock Investors 109

American Banker - Investment Banking

NOVEMBER 28, 2023

Firms including Banco Santander and Toronto-Dominion Bank's U.S. investment banking arms have been adding to their convertible bond teams, anticipating that companies refinancing existing debt will be drawn to the asset class in the next several years.

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Debt Bank Banking Investment Banking 52

PE Hub

JUNE 25, 2023

Working with a diversified, balanced banking solutions provider is beneficial in good times and downright crucial in challenging economic times, says Mike Lederman, senior managing director for the Technology Banking Group at Bridge Bank, a division of Western Alliance Bank.

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Bank Banking Economics Management 98

The New York Times: Banking

SEPTEMBER 29, 2023

Banks hold enormous amounts of real estate debt, and regulators are nervous. But a fast-moving crisis is unlikely because the government has extensive control of the system.

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Bank Banking Debt Government 113

Global Banking & Finance

OCTOBER 30, 2023

Spanish banks face rise in deposit costs, Central Bank warns By Jesús Aguado MADRID (Reuters) – Spanish lenders could find themselves affected by increasing global risks, such as higher-for-longer interest rates that could inflate their so far contained retail deposit costs and also lead to more bad loans, the Bank of Spain warned on Monday. (..)

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Global Banking & Finance

NOVEMBER 21, 2023

Benefits of open banking Open banking has emerged as a transformative force in the financial sector, fostering innovation and enhancing the overall banking experience for consumers and businesses alike.

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Bank Banking Financial Services Business 40

PE Hub

OCTOBER 3, 2023

UK-based Banks Renewables is an operator of onshore wind farms. The post Brookfield to acquire Banks Group’s renewable energy unit appeared first on PE Hub.

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Bank Banking 105

PE Hub

AUGUST 3, 2023

Ares CEO Arougheti sounds off on more bank consolidations. The post Ares CEO Michael Arougheti predicts more bank deals; Warburg Pincus details recent bank merger appeared first on PE Hub.

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Mergers Bank Banking 98

The New York Times: Banking

OCTOBER 27, 2023

The jump, from 13 percent, would bring a long period of “tight monetary conditions” in order to ease price pressures, the bank said.

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Bank Banking Financial Institution Economics 104

PE Hub

OCTOBER 27, 2023

The post From the barrel to the bank appeared first on PE Hub. Enhancing private equity strategies with Scotch whisky cask investment.

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Bank Banking Private Equity Equities 98

Global Banking & Finance

OCTOBER 16, 2023

Bank of England considers changes to regulation of foreign bank branches By Huw Jones LONDON (Reuters) -The Bank of England said on Monday it was thinking about possible changes to how it regulates branches of foreign banks, and flagged a likely easing in how it intends to apply global bank capital rules from mid-2025.

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The TRADE

NOVEMBER 23, 2023

Deutsche Bank has avoided a €156 million fine for its participation in a bond trading cartel by revealing the activity to the regulator under the leniency programme. The fines relate to a trading cartel between the two banks in Euro-denominated SSA bonds and Government Guaranteed bonds that took place between 2006 and 2016.

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Trading Bank Banking Investment Banking 57

Growth Business

NOVEMBER 17, 2023

By Dom Walbanke on Growth Business - Your gateway to entrepreneurial success Whether you’re looking for an account to help scaling internationally, to provide business and support or just low fees, we round up some of the best business bank account offerings for scale-ups and more established businesses from traditional banks.

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Bank Banking Accountant Business 52

Global Banking & Finance

NOVEMBER 17, 2023

Background Checks in Banks, and Conflicts with Ban-the-Box Laws Philip M. Berkowitz is the U.S. practice co-chair of Littler’s International Employment Law Practice Group and co-chair of the Financial Services Industry Group. He advises multinational and domestic companies in a wide range of industries on employment-related matters.

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Bank Banking Financial Services M&A 81

The New York Times: Banking

SEPTEMBER 28, 2023

Artificial intelligence may help policymakers understand inflation and regulate big lenders, the central bank said.

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Bank Banking Financial Institution Economics 108

Global Banking & Finance

AUGUST 8, 2023

Italy shocks banks with 40% windfall tax for 2023 By Angelo Amante, Giuseppe Fonte and Valentina Za ROME (Reuters) -Italy has approved a one-off 40% tax on profits banks reap from higher interest rates after reprimanding lenders for failing to reward deposits, in a surprise move that sent banking shares plunging across Europe.

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Bank Banking Profitability Shares 98

Cisco: M&A

AUGUST 22, 2023

The forces of change in banking have seldom been stronger. The recent rise in interest rates, is pushing consumers to overcome their inertia, and to open themselves up to new choices. Digitalization… Read more on Cisco Blogs

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Global Banking & Finance

NOVEMBER 13, 2023

Navigating Cloud Compliance in Banking: Leveraging CSA CCM Framework By Samir Vinayak Bayani, Technical Lead, VMware Introduction The modern banking industry, often considered the custodian of the world’s wealth, operates in an environment that demands the utmost diligence in risk management and regulatory compliance.

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Global Banking & Finance

JULY 3, 2023

UK banks asked by lawmakers if they’re ‘exploiting’ savers with low rates By Iain Withers LONDON (Reuters) -British banks faced fresh criticism on Monday for the savings rates they offer to cash-strapped customers, in the latest intervention by parliament’s influential Treasury Select Committee.

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Global Banking & Finance

JULY 17, 2023

Greece to begin selling bank stakes this autumn-sources ATHENS (Reuters) – Greece will this autumn start selling stakes in its four largest banks, sector officials and bankers said on Monday, marking the latest milestone in the country’s recovery from the financial meltdown it suffered in previous decade.

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