BBVA-Sabadell merger: Can new commitments ease antitrust fears?
BBVA has pledged key measures, including branch retention and SME credit guarantees, to ease antitrust concerns over its merger with Sabadell. While regulators cite risks…
Natwest banking app goes down leaving thousands of customers unable to access money
THE NATWEST mobile banking app is down leaving customers unable to get access to their money. Over 500 people have complained about the issue, according…
Revolut down updates — Users report issues with mobile and online banking as they say site is ‘not working’
Issue reportedly resolvedRevolut responded to a customer's query by stating the glitch had been fixed."Hi there! We know that you have recently found it difficult…
HSBC stock rises nearly 4% as it reveals billion-euro share buyback
HSBC reported strong third-quarter earnings, driven by robust performance in wealth and personal banking, as well as investment banking, alongside the announcement of an additional…
U.S. sanctions network facilitating banking between Russia and North Korea
Russian President Vladimir Putin (L) and North Korean leader Kim Jong Un make a toast during a state reception at the Reception House in Pyongyang,…
Morningstar DBRS Changes Trends on the Hellenic Republic to Positive, Confirms Ratings at BBB (low)
DBRS Ratings GmbH (Morningstar DBRS) changed the trends on the Hellenic Republic’s (Greece) Long-Term Foreign and Local Currency – Issuer Ratings to Positive from Stable…
Neil Bush and U.S. Settle Suit Over Failure of S&L; : Thrifts: $49.5-million accord involving 10 others from firm is one of largest negotiated by banking regulators.
President Bush’s son Neil and 10 other former directors and officers of a failed Colorado savings and loan have reached a $49.5-million settlement with federal…
Boubyan Bank: Kuwait’s Partner in Digital Banking
Kuwait is emerging as a forward-thinking player in the global banking landscape. Boubyan Bank’s Abdullah Al Tuwaijri, Chief Executive Officer for Consumer, Private & Digital…
US sanctions ‘sprawling shadow banking network’ that helps Iran’s military | Boycott, Divestment, Sanctions News
Those sanctioned are involved in the sale of Iranian oil and petrochemicals, money that pays for weapons, proxy groups. The United States Department of the…
Banking CIA-Style : How the Money Moves Under The Table to Fund Covert Operations.
Burton Hersh's new book, "The Old Boys," about the origins of the CIA, will be published next year by Scribner's BRADFORD, N.H. — The worldwide dredging…
The Petroyuan is Born: Saudia Arabia Joins the mBridge CBDC Transfer System
The Central Bank Digital Currency (CBDC) revolution is beginning in earnest as Saudi Arabia becomes a full member of the mBridge project. Saudi Arabia joining…
Bakai Bank Partners with the American Chamber of Commerce
Are Global Ratings for Kyrgyzstan Rising? Last week, the US imposed additional sanctions on Moscow. Some of these measures targeted foreign companies aiding Russia in…
Banking app launches extra secure holiday mode to protect tourists from pickpockets
Revolut's banking app has launched a new feature to help protect its customers from pickpockets who steal phones and try to access savings accounts to…
Laurentian slashes Toronto office space, bucks banking trend
Article contentLaurentian Bank of Canada is slashing its Toronto office space by two-thirds as it leans into a hybrid work model and seeks cost savings…
TSB down updates — Hundreds of users unable to access online banking as mobile app suffers mass outage
Complaints beggining to fall According to DownDetector, user complaints are beginning to fall as more customers get access to their online banking. Despite this, reports…
US opens up banking to private Cuban businesses to boost small firms | Business and Economy News
The measures allow independent entrepreneurs to open and access US bank accounts online to support their businesses. The United States has lifted some financial restrictions…
Resilience Amid Adversity: The State Of Global Banking
Global banking aced 2023 despite the drama of bank failures. The banking industry emerged triumphant in 2023, a year that had threatened to be catastrophic.…
U.S. Federal Reserve left interest rates unchanged at 5.25 – 5.5 percent
The Federal Reserve of the United States decided to maintain interest rates at a 22-year high of 5.25 percent to 5.5 percent, based on recent…
BBVA-Sabadell potential merger: A sign of things to come within eurozone banking?
BBVA's merger proposal to Banco Sabadell could transform the eurozone banking sector, potentially boosting BBVA's assets to more than $1 trillion and making it the…
Inside BAWAG Group’s retail banking roadmap
Despite heightened competition, a slowing macroeconomic environment, and overbanked markets, BAWAG Group is finding success in the retail banking sphere with a relentless focus on…