• Monzo Attracts Two Million Users to Digital Banking Platform 21 May 2019 00:46 May 20, 2019 @ 3:52 pm By Samantha Hurst UK challenger bank Monzo announced on Monday it has attracted two million users to its digital banking platform. Founded in 2015, Monzo reported that it is building a “new kind of bank” that lives within smartphones …
  • ANZ might lend $2b less as a result of RBNZ sanction but that's 'no big deal', says banking expert 20 May 2019 22:36 ANZ bank might lend about $2 billion less than it would otherwise, as a result of controls imposed by the Reserve Bank in the wake of its censure of ANZ on Friday, Massey University banking expert David Tripe estimates. Tripe described that as a " …
  • Why Stitch Fix, Westpac Banking, and HDFC Bank Jumped Today 20 May 2019 22:24 Monday was a down day on Wall Street, with most major benchmarks falling around 1%. Trade tensions have returned to the spotlight, and the recent move from the U.S. government to prevent companies from doing business with Huawei and others designated as …
  • 'Do no harm' isn't enough. Why the banking royal commission will ultimately achieve little 20 May 2019 22:11 (MENAFN - The Conversation) Will the banking services royal commission have a lasting effect of improving the banking and financial sector? The answer is 'no'. A temporary change is apparent, but the problems lie deeper than thoseaddressed by the …
  • San Jose Considers Whether to Back Public Banking Bill AB 857 20 May 2019 19:02 San Jose’s elected leaders are debating whether to endorse a state bill that would give Californians an alternative to mega-banks like Wells Fargo and Citibank—companies increasingly under scrutiny over ethical lapses, wage theft and dubious investments. …
  • Berkshire Bank enters R.I. retail banking through acquisition 20 May 2019 18:54 PROVIDENCE – Berkshire Hill Bancorp Inc. has completed its acquisition of Savings Institute Financial Group Inc., resulting in the merger of Savings Institute and Trust Co. into Berkshire Bank, Berkshire announced Monday. The acquisition gives the Boston- …
  • Banking Table of Experts 2019 20 May 2019 14:49
  • BREAKING: Lloyds and Halifax online and mobile banking down for some customers 20 May 2019 14:37 People have been locked out of their Lloyds and Halifax accounts due to a system error. Website Down Detector recorded hundreds of incidents on Monday afternoon for both banks - with customers reporting they couldn't log in on social media too. " …
  • TransferMate Announces Strategic Relationship With Wells Fargo - Offers Seamless Payments Ability To US Commercial Banking Customers 20 May 2019 10:23 TransferMate, one of the world’s leading cross-border B2B payments providers, has today announced a strategic relationship with Wells Fargo Bank, N.A. (“Wells Fargo”) to deliver Global Invoice ConnectSM – the go-to platform for U.S.-based international …
  • Czech banking association welcomes development fund plan 20 May 2019 10:13 PRAGUE, May 20 (Reuters) - The Czech Banking Association said on Monday it welcomed a proposal to create a national development fund to help invest in social issues, education, transportation or the economy’s digitalisation. It said it would aim to help …
  • Sensex crosses 38,000 mark after exit polls show Modi victory 20 May 2019 09:34 By Arnab Paul Indian shares surged on Monday, a day after exit polls showed Prime Minister Narendra Modi would retain power with a bigger majority in the parliament, with financials leading the charge. Exits polls, following the mammoth seven-phase voting, …
  • With two int’l banks eager to retreat from Guyana…Finance Minister hopes oil will lure alternative western banking services 20 May 2019 07:49 May 20, 2019 News 0 By Kiana Wilburg Two international banks are poised to make a clean cut from Guyana. Bank of Baroda which is headquartered in India has informed the Government that it will be selling its operations here. Canada’s Bank of Nova Scotia is …
  • BSP: Banking system sustains growth story 20 May 2019 06:56 The Bangko Sentral ng PIlipinas said that, with the banking system at its core, the financial system “remains resilient amid evolving domestic and global environment.” “The Philippine banking system sustained its growth story, maintained its solid footing …
  • Let's find new ways to clean up banking 20 May 2019 06:39 'In their over-enthusiasm to clean up the system, both the banks and the regulator should not forget that the key to the insolvency law is revival of companies -- recovery of bank dues is an offshoot of that,' points out Tamal Bandyopadhyay. The …
  • Business Interview: ‘NBO is committed to retain its leading position in digital banking’ 20 May 2019 06:20 Over the past few years, NBO has taken various initiatives in the retail banking segment, so please tell us why there was a need for such new initiatives? In today’s increasingly connected world, customer expectations continue to evolve at a rapid pace. At …
  • How interest rate you have to pay on your loan is determined 20 May 2019 04:17 1. Credit scores are taken into account while setting interest rates and the borrower with a better score gets a lower interest rate on a loan. 2. When a loan is secured by collateral, the risk of default by the borrower decreases and hence the risk …
  • Saudi Energy Minister recommends driving down oil inventories 20 May 2019 02:57 Jeddah: Saudi Energy Minister Khalid al-Falih said on Sunday he recommended “gently” driving oil inventories down at a time of plentiful global supplies and that OPEC would not make hasty decisions about output ahead of a June meeting. “Overall, the market …
  • Rise in exports of jeera to China lifts local prices 20 May 2019 02:57 Kochi: Robust buying by China has triggered a price rally in jeera, or cumin, the second largest exported spice from India. Slack exports to China had kept prices in check when the harvest was over in March amid an increase in the output. On the National …
  • Banking sector safe and stable 20 May 2019 02:44
  • Gowon, Ahmad Harp on Ethics, Integrity in Banking 19 May 2019 23:49 Nume Ekeghe The Deputy Governor, Financial System Stability of the Central Bank of Nigeria, Ms.  Aisha Ahmad has stressed the need for bankers to build and uphold integrity in their daily dealings. Also, a former Head of State, General Yakubu Gowon, has …
  • Mangudya Just Taking Chance With $500m Injection Into Banking Sector To Counter Black Market Rate 19 May 2019 22:05 John MangudyaDear Editor|Anyways injecting £500usd will not stabilise prices. He knows they have failed on their government intervention price controls. In his statemenet he made no mention of how he has controlled prices and the steps he is taking and the …
  • Banking reforms must be on the top of the new govt’s agenda 19 May 2019 17:15 As a prolonged and acrimonious Lok Sabha campaign winds to a close, the Indian electorate can now heave a sigh of relief. But the political party or coalition which takes over reins at the Centre will not have this luxury. It will have its task cut out to …
  • Mobile banking transaction limit increased 19 May 2019 16:44 Bangladesh Bank today enhanced the transaction ceiling for mobile financial service following requests from the leading players aiming to promote the expansion of the services. The move came two and a half years after the central bank lowered the ceiling, …
  • Central bank raises caps on mobile banking 19 May 2019 16:05 It has given the customers the option to transact double the money they were allowed in almost all sorts of exchanges. The limit of cash-in or submission has been increased to Tk 30,000 through five transactions a day and Tk 200,000 through 25 transactions …
  • When China Jump-Starts Its Shadow Banking Units, You'll Know It's Bad 19 May 2019 13:58 Off-book lending at the provincial level is expected to pick up again, Nomura Securities’ chief China economist believes. Photo: Michele Limina/Bloomberg photo credit: © 2019 Bloomberg Finance LP © 2017 Bloomberg Finance LP It hasn’t happened yet, but …
  • Emirates NBD Transforms its Digital Banking with Red Hat-Based Cloud, Winning 2019 Red Hat Innovation Award 19 May 2019 10:08 The world's leading provider of open source solutions, today announced that Emirates NBD, a leading banking group in the United Arab Emirates (UAE), has built a distributed private cloud platform with Red Hat’s hybrid cloud and application programming …
  • Number of banking complaints up 18% in Chennai zone 19 May 2019 04:37 The number of banking complaints received by Banking Ombudsman in Chennai has increased 18.2% to 10,642, accounting for 6.5% of the total complaints received across the country. According to the annual report on the Banking Ombudsman Scheme from July 1, …
  • Suez Canal Bank aims to focus on investment banking services, non-bank financial services 18 May 2019 22:51 Chairperson and Managing Director of Suez Canal Bank, Hussein Refaey, said that the bank’s strategy in the coming years aims to launch the bank into a new phase by focusing on expanding investment banking services and non-bank financial services. The bank …
  • Banking draft law to be sent to parliament for approval before end-May: source 18 May 2019 19:23 An official source from the Central Bank of Egypt (CBE) said on Saturday that the CBE and banking system draft law, known as banking law, will be send to the House of Representatives for approval before the end of May. The source explained, in a statement …
  • Bank South Pacific To Continue Mobile Banking In Solomons 18 May 2019 19:10 BSP CEO visits Solomons to discuss Westpac purchase By Bradford Theonomi HONIARA, Solomon Islands (Solomon Star, Feb. 14, 2015) – Bank South Pacific (BSP) plans to engage both Our Telekom and bemobile networks in the delivery of its mobile banking services …
  • Report: Revolut Plans Banking License in Russia, Meanwhile Launch in Lithuania is Delayed 18 May 2019 16:46 May 18, 2019 @ 10:43 am By JD Alois Digital bank Revolut has grand plans to expand its services around the world. Based in the UK, the Fintech now serves over 4 million customers in the European Economic Area (EEA), Switzerland, and Australia. A Fintech …
  • Capitec says Mercantile merger will speed up entry into business banking 18 May 2019 15:23 Capitec says its acquisition of Mercantile Bank, which has recently been approved by the Competition Tribunal, will speed up its entry into the business banking market by at least 2 to 3 years.  The Tribunal announced that it had approved the merger …
  • Men have biological clocks, too. Should they stop the tick-tock by banking sperm? 18 May 2019 14:08 The quality of sperm declines with age, so men who plan to delay fatherhood should be counseled to consider sperm banking before age 35, Rutgers University researchers conclude in a new review article. The paper, published recently in the journal Maturitas …
  • New banking bill to be referred to parliament before end of May: Central Bank of Egypt 18 May 2019 11:46 A new bill on Egypt’s banking sector is expected to be referred to the House of Representatives before the end of May after being reviewed and approved by the government, a well-placed source with the Central Bank of Egypt (CBE) said. The bill comprises …
  • SME Banking Club’s Caucasus’19 conference features Ameriabank 18 May 2019 10:17 May 18, 2019 - 13:40 AMT PanARMENIAN.Net - The SME Banking Club held Caucasus’19, the fifth annual regional banking conference in Caucasus region, in Tbilisi, in the course of which Ameriabank successfully presented a scoring system for online business …
  • FSB Americas Group Discusses Regional Vulnerabilities, Market Fragmentation, SME Finance And Correspondent Banking 18 May 2019 07:20 The Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Americas met in Buenos Aires today at a meeting hosted by the Central Bank of Argentina. FSB Chair Randal K. Quarles joined RCG members for the meeting. The group received an …
  • Soon, non-banking companies may verify via eKYC 18 May 2019 01:00 BENGALURU: Digital finance companies could be allowed to verify customer antecedents through the Aadhaar database, according to a note that envisages grant of the electronic KYC facility to non-banking firms. It will be a significant gain for mobile …
  • Daisy goes acquisition hunting with new banking facility 18 May 2019 00:02 Top Story Daisy Communications is again targeting acquisitions of both businesses and partner customer bases after completing a refinancing project and securing a £100m bank facility. The business communications and IT services provider is offering …
  • Hawaiian Airlines Is Banking On Growth in Japan 17 May 2019 19:47 Since the beginning of 2018, Hawaiian Holdings (NASDAQ:HA) has focused its growth in the mainland-Hawaii market. The Hawaii-based carrier has used its new Airbus A321neos to add numerous flights in midsize West Coast-Hawaii markets, such as Portland- …
  • A remittance fintech aims to be first of its kind to offer banking 17 May 2019 19:21 Pangea is on the cusp of becoming the first digital remittance company to offer a branded checking account closely tied to its core product. The Chicago-based fintech is adding the bank account option in response to customers that told the company they don …
  • GE Is Banking on Africa’s Burgeoning Power Market 17 May 2019 19:01 Sub-Saharan Africa’s power generation capacity is projected to surge 4% annually through 2040, and its current energy mix—which is today dominated by hydro and coal—will likely be more diversified as interest rises in renewables such as solar and wind, …
  • Kabbage inks deal with online banking platform Azlo 17 May 2019 16:51 The small-business lending fintech Kabbage has struck its first deal with an online banking platform, Azlo, which has launched a new program to provide its customers with loans of up to $250,000. Azlo provides banking services for business customers and …
  • Barclays - In Defense Of Investment Banking 17 May 2019 15:23 Barclays remains in the doldrums Shareholders in Barclays (NYSE: BCS) have had a pretty lackluster year so far, with the share price rebounding by only 5% from its December lows over a period where UK peers like Lloyds (NYSE: LYG) and RBS (NYSE: RBS) are …
  • Turkish banks need to protect lira, says banking watchdog 17 May 2019 15:23 ISTANBUL (Reuters) - All Turkish banks need to protect the country’s lira currency, which has been targeted recently by speculators, Turkey’s banking watchdog head Mehmet Ali Akben said on Friday. Speaking in Istanbul, Akben also said he expects banks to …
  • Europol arrests end GozNym banking malware gang 17 May 2019 15:14 Arrests in Europe and the US appear to have ended the cybercrime careers of the gang behind the GozNym banking malware. According to Europol, which coordinated the pursuit of 10 people in Ukraine, Moldova, Georgia, Bulgaria, Germany and the US, GozNym …
  • Banking agency’s “Money Smart” podcast answers consumers’ financial questions 17 May 2019 14:13 Best listening experience is on Chrome, Firefox or Safari. Subscribe to Federal Drive’s daily audio interviews on Apple Podcasts or PodcastOne. Podcasting appeals to a growing number of businesses and federal agencies. The FDIC has jumped in big. Its Money …
  • LIVE MARKETS-Deutsche Bank: the poster child for Germany's banking woes 17 May 2019 12:33 :: Reuters News DUBLIN, May 17 (Reuters) - The collapse of talks between [17 May '19 13:23] * STOXX down 0.9%, DAX down 1.1% [17 May '19 13:23] ** Deutsche Bank starts the coverage of the security [17 May '19 13:10] * Amplats to focus on mine …
  • IMF urges German banking sector to accelerate restructuring 17 May 2019 10:46 BERLIN, May 17 (Reuters) - The International Monetary Fund on Friday urged Germany’s banking sector to pick up the pace on restructuring plans to make lenders more profitable and reduce risks. “Restructuring must be accelerated in the banking sector …
  • NCB executing $2b upgrade to banking platform 17 May 2019 09:43 Starting today, Friday, National Commercial Bank Jamaica (NCB) will begin executing an upgrade of its banking platform that is supposed to result in speedier transactions for business and personal customers. The system, which costs $2 billion, has been …
  • New banking bill to criminalise pyramid schemes ...restricts foreign ownership 17 May 2019 07:49 Selma Ikela WINDHOEK - Newly proposed banking legislation will limit foreign ownership to 75 percent while the remaining 25 percent should be allocated to qualifying Namibian nationals.  The Banking Institutions Bill also criminalise illegal financial …
  • UAE Boosts New system to protect the banking sector 17 May 2019 03:49 The Central Bank of the UAE has developed a Persona Non Grata (UAEPNG) System in order to restrict persons with questionable professional integrity from joining the financial sector. The system is aimed at protecting the country’s banking and financial …
  • PPAF wins CIS Islamic Banking, Finance award 17 May 2019 02:52 PPAF wins CIS Islamic Banking, Finance award ISLAMABAD: Pakistan Poverty Alleviation Fund (PPAF) has won the prestigious CIS Islamic Banking and Finance award for being the best contributor to the Islamic Finance Industry in a ceremony held recently in …
  • Bullock banking on success in Iowa, where organization, voter connections play crucial role 17 May 2019 02:47 DES MOINES, Iowa — Here in the land of cornstalks and small towns — and the first presidential nominating contest in the nation — Montana Gov. Steve Bullock is betting Iowa’s unique Democratic caucus can help propel him from obscurity to relevance in the …
  • Whataburger hires investment banking firm to ‘explore our options’ 17 May 2019 01:44 Whataburger confirmed it has hired investment banking firm Morgan Stanley as the San Antonio fast-food chain considers how to fuel its expansion.It’s unclear whether the options under consideration include selling the company, finding large private …
  • Egg banking becomes more popular as people wait to start families 17 May 2019 01:27 CHARLOTTESVILLE, Va. - 10 News is taking an in-depth look at infertility - sharing the new treatments, struggles, medical technology, cost of infertility and more. You can find more of those stories by clicking on the Only on 10 tab at the top of wsls.com. …
  • Centre, Odisha discuss restoration of banking services in Fani-hit districts 16 May 2019 23:02 ATMs will start working after power is restored. (PTI) Senior officials from the Union Finance Ministry and the state finance department on Thursday discussed measures to speedily restore banking services in cyclone-affected districts in Odisha, as well as …
  • Hightower named interim commissioner of state banking regulator 16 May 2019 21:22 Rickisha Hightower, a former deputy attorney general, has been named interim commissioner of the Nevada Financial Institutions Division, replacing retired George Burns.   A former deputy attorney general has been named interim commissioner of the Nevada …
  • Can Birmingham's banking scene keep its competitive edge? 16 May 2019 20:15
  • Cybercrime group that used malware to steal $100 million from online banking accounts shut down 16 May 2019 19:05 A global cyber crime network responsible for stealing an estimated $100 million from banks and businesses around the world has been taken down in a joint law enforcement operation by several European nations and the US. A criminal indictment from a federal …
  • Women's World Banking promotes savings culture in children 16 May 2019 19:03 The Women's World Baking Ghana is helping promote the savings culture among children with the opening of free bank accounts to newborn babies at the Ridge and Adabraka hospitals in Accra. With GHS 100.00, each account is to be held in trust for the …
  • Digital agency banking to drive deposits for CalBank 16 May 2019 19:03 The banking sector in Ghana is shifting from the full branch operations to an era of digital and agency banking. After the banking sectors clean up by the bank of Ghana, some foreign banks have boosted their performance with an increase in deposit due to …
  • Banking giants fined €1bn for 'Banana Split' and 'Essex Express' foreign exchange cartel 16 May 2019 16:15 Five banking giants including Barclays and RBS have landed a combined €1.07bn (£940m) fine for taking part in two foreign exchange trading cartels named "Essex Express" and "Three Way Banana Split".  The European Commission has fined …
  • Early exposure to banking influences life-long financial health 16 May 2019 16:08 Growing up in a community with or without banks or financial institutions has a long-term effect on how you build and manage credit, according to a new Iowa State University study. Early exposure to local banking increases financial literacy and trust, …
  • India's RBI asks shadow banking companies to appoint risk officers 16 May 2019 14:12 NEW DELHI, May 16 (Reuters) - India’s central bank said on Thursday that shadow banks with asset size of more than 50 billion rupees should appoint a chief risk officer in a move to tighten regulation after a series of defaults at top lender Infrastructure …
  • NCR Digital Banking Transforms Customer Experience for SAFE Credit Union 16 May 2019 13:55 ATLANTA--(BUSINESS WIRE)--May 16, 2019-- NCR Corporation (NYSE: NCR), a technology leader for the financial industry, is implementing its Promotion Suite Premium tool to help create a better, more targeted digital member experience for SAFE Credit Union, a …
  • Tanzania taps into banking forte with bancassurance regulations 16 May 2019 13:43 In what is seen as a further step to foster the development of an inclusive insurance market in Tanzania, the national insurance regulator—the Tanzania Insurance Regulatory Authority (Tira)—is officially launching today the Insurance (Bancassurance) …
  • Euro zone banking at risk of dangerous fragmentation, ECB warns 16 May 2019 13:40 European Central Bank (ECB) headquarters building is seen in Frankfurt, Germany, March 7, 2018. REUTERS/Ralph Orlowski FRANKFURT (Reuters) - Euro zone banks are turning away from cross-border activity, putting at risk the bloc’s banking union and …
  • Banking-Industrys-Stakeholders-Urged-To-Restore-Market-Confidence 16 May 2019 10:59 Players in Ghana’s banking sector have been urged to take steps to restore customers confidence following the collapse of some banks between 2017 and 2018. The Editor-in-chief of Integrity Magazine Rev. Kennedy Okuson, made the call at a roundtable …
  • Eighth Annual Report Reveals Canada's Best Credit Cards and Personal Banking Products for 2019 16 May 2019 07:16 Eighth Annual Report Reveals Canada's Best Credit Cards and Personal Banking Products for 2019 (PRLEAP.COM) TORONTO, May 16, 2019 – Which credit card offers the best travel perks, which is an excellent choice for transferring a balance, offers top …
  • Banking Guarantee Fund to control troubled bank recovery 16 May 2019 03:22
  • Societe Generale to restart banking operations in Australia 16 May 2019 02:31 May 16 (Reuters) - Paris-based Societe Generale said on Thursday it has received banking authorisation from Australia’s financial regulator, years after winding down operations in the country. Societe Generale, one of the world’s biggest banks by assets, …
  • Societe Generale Obtains Australian Banking Authorization 16 May 2019 02:21 May 16 (Reuters) - Societe Generale SA ::SOCIETE GENERALE SAYS AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY AUTHORISED SOCIETE GENERALE AS FOREIGN AUTHORISED DEPOSIT-TAKING INSTITUTION.  Full Article April 16 (Reuters) - SOCIETE GENERALE SA ::PLEDGES €10 …
  • Rise in parents paying for umbilical cord blood banking 16 May 2019 01:24 Image copyright Getty Images Image caption Normally, following the birth of a baby, the placenta and cord blood are discarded in hospitals as waste materials The number of people paying thousands of pounds to freeze parts of their baby's umbilical cord …
  • SpaceX Is Banking on Satellite Internet. Maybe It Shouldn’t 16 May 2019 01:24 Internet access is so ubiquitous in the United States and Western Europe that it has spawned an entire cottage industry to help people disconnect. Yet for roughly half the world’s population this level of connectivity is simply unfathomable. Nearly 4 …
  • Goldman Sachs Plots South Africa Banking Expansion 16 May 2019 00:23 Goldman Sachs Plots South Africa Banking Expansion Goldman Sachs is seeking a banking licence in South Africa, as part of an expansion of its business in Africa’s most industrial nation. The Wall Street bank said on Wednesday that it will sell more core …
  • Fintech Soar to disrupt ethical banking with £450,000 grant 16 May 2019 00:03 A Glasgow-based fintech is aiming to disrupt the ethical banking sector with new “first of its kind” software after securing six-figure funding to develop its offering. Soar, which is developing a cloud-based banking platform to be used by credit unions …
  • Examining Stanbic IBTC vis-à-vis Banking Industry Compliance And Corporate Governance Practices 15 May 2019 23:48 At a recent function in Abuja, the Managing Director/CEO of the Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, delivered a lecture where he revealed that there has been a consistent decline, over the past three years, in the …
  • PG&E loses another philanthropy executive to banking 15 May 2019 23:38
  • Public banking bill raises ire of California Bankers Association 15 May 2019 23:37
  • CNB receives 2019 Banking Choice awards 15 May 2019 23:22 Wednesday May 15, 2019 at 4:04 PM Canandaigua National Bank & Trust received three Banking Choice awards during the 2019 Banking New York Conference in White Plains. CNB won first place in customer service and overall quality, and second place in …
  • AGs ask Congress to ease pot banking 15 May 2019 21:13 Colorado’s Attorney General Phil Weiser led a bipartisan group of 38 attorneys general in calling for the SAFE Banking Act. The legislation, sponsored by Rep. Ed Perlmutter, D-Colorado, would allow marijuana-related businesses to access the banking system …
  • Labor set to park open banking 15 May 2019 21:09 Billions of tech dollars spent by major banks and their emerging competitors on new open banking capabilities could in days be left in limbo by an incoming Shorten government. Labor’s Digital Economy shadow Ed Husic has told iTnews outstanding enabling …
  • Canadian Banking Alternative KOHO Secures $42 Million Through Latest Funding Round Led By Portag3 Ventures 15 May 2019 19:39 May 15, 2019 @ 9:24 am By Samantha Hurst KOHO, a fintech startup that offers Canadians an alternative to traditional banking, announced on Wednesday it secured $42 million through its latest funding round, which was led by Portag3 Ventures, with …
  • Banking on banks to have a heart 15 May 2019 19:12 The timing of commercial banks in raising their BLR by 10 basis points almost on cue about a month ago is surprising to the man in the street. Did these banks have prior knowledge of the timing of the announcement by Bank Negara? Walter Sandosam, The Star …
  • Mel Gibson says new film 'Rothchild' is not about Jewish banking dynasty 15 May 2019 19:01 Mel Gibson has been forced to deny that his new film "Rothchild" is based on the wealthy Jewish "Rothschild" banking dynasty. The actor's standing in Hollywood was severely damaged over a decade ago after he launched an anti-Semitic …
  • Feds, states may find common ground on pot banking, experts say 15 May 2019 18:15 Two federal bills could change how legal California cannabis businesses operate and in particular access the banking system, an ongoing challenge since their businesses remain illegal at the federal level, leaving many banks unwilling to have them as …
  • Iran sanctions: Indo-Afghan Banking via Chabahar Port hit 15 May 2019 17:57 NEW DELHI: India and Afghanistan may have a problem at hand with banking transactions for bilateral trade through Chabahar port being hit despite the strategically located port kept out of the purview of US sanctions on Iran. At least 50 containers of …
  • HSBC’s Focus On Asia Retail Banking Operations Continues To Drive Growth 15 May 2019 17:55 HSBC (NYSE: HSBC) recently released its Q1 2019 results. The largest European bank handily beat consensus revenue and earnings expectations. HSBC’s first quarter net profit jumped 31% year-over-year to $4.8 billion while revenues increased 5% to $14.4 …
  • M&T Bank opens Florida commercial banking office 15 May 2019 17:26 M&T Bank has extended its reach to Florida, opening a commercial banking office in North Palm Beach. The Buffalo-based bank named Richard Gieseler as its Florida region president. He has been with M&T for 12 years, most recently helping develop and …
  • Wednesday Sector Laggards: Department Stores, Banking & Savings 15 May 2019 16:52 May 15, 2019 (MarketNewsVideo.com via COMTEX) -- In trading on Wednesday, department stores shares were relative laggards, down on the day by about 1.2%. Helping drag down the group were shares of Hudson, off about 8.1% and shares of Tuesday Morning Corp …
  • Banking fraud complaints rise: How to keep money safe online 15 May 2019 14:29 Complaints about financial services firms have soared to a five-year high as payday loans firms and banks all generated increased levels of consumer disputes. Payday loans complaints also more than doubled last year, with a "startling" 40,000 new …
  • Banking fraud complaints surge 43% to all-time high, says financial ombudsman 15 May 2019 13:50 Complaints about banking scams and fraud have surged 43 per cent to an all-time high, the finance industry’s adjudicator has said. Payday loans complaints also more than doubled last year, with a “startling” 40,000 new disputes opened.  The “unacceptable” …
  • European Commission prepares raft of banking reforms after Brexit 15 May 2019 13:12 The European Commission is working on its largest regulatory push on banking since the financial crash that could curb Britain’s access to the bloc, according to an internal draft document seen by Reuters. In the 12-page strategy document, EU officials …
  • NBB to provide open banking services 15 May 2019 12:23 National Bank of Bahrain (NBB) has today (May 15) become the first bank in the Mena region to adopt technologies that enable it to deliver new open banking services to its customers. Open banking enables account holders to share their account information …
  • Tehran, Prague to Expand Banking Cooperation 15 May 2019 10:52 TEHRAN (FNA)- Tehran and Prague will study expansion of banking cooperation and investment opportunities in areas of industry, mine, commerce, health and treatment in a bid to further bolster economic ties, said Iranian Deputy Economy Minister Seyed Ali …
  • Banking industry to be heavily tested in 2019 15 May 2019 10:08 It’s set to be a tough year for traditional banks in 2019. For the first time, SA’s largest retail banks – FNB, Absa, Capitec, Nedbank, Standard Bank and African Bank – are facing stiff competition from new entrants to the market. With the launch of …
  • East West Banking Posts Qtrly Net Income Attributable Of 1.29 Bln Pesos 15 May 2019 09:19 May 15 (Reuters) - East West Banking Corp ::QTRLY GROSS REVENUE 6.62 BILLION PESOS VERSUS 5.84 BILLION PESOS.QTRLY NET INCOME ATTRIBUTABLE 1.29 BILLION PESOS VERSUS 945.45 MILLION PESOS."IN THE FIRST 6 MONTHS OF THE YEAR, WE EXPECT CONTINUED …
  • Forint liquidity of banking sector down in April 15 May 2019 08:32  MTI – Econews  Wednesday, May 15, 2019, 09:00 Forint liquidity of the Hungarian banking sector fell in April, reflected mainly in a decrease in the average stock of lendersʼ overnight deposits, the National Bank of Hungary (MNB) said in a monthly report …
  • Martina Wallenberg to be Head of Open Banking | SEB 15 May 2019 07:55 "Our role is to be a central point of contact both for the products that we will offer in our developer portal and for external partners who want to offer services in SEB's channels," says Martina Wallenberg. By the summer the unit will …
  • Banks should support oil sector growth to reduce unemployment - Banking expert 15 May 2019 06:19 By Stephen Appiah, GNA Accra, May 14, GNA - Mr Osei Gyasi, the Head of Banking Supervision of the Bank of Ghana, has urged banks to meaningfully support growth of the oil sector to create jobs and reduce unemployment in the country. “If the banks have long …