Stories Tagged: banking

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Equity Group's Expansion and Acquisition Strategy in East Africa

Innergex Renewable Energy and Equity Group Holdings have both made significant moves to expand... (1 revisions)

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The Changing Landscape of Banking: Lloyds, Barclays, and Entain

In the ever-evolving world of banking, three major players, Lloyds, Barclays, and Entain, are... (1 revisions)

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The Worst Performing Industries in 2023: A Deep Dive into the Challenges Faced by Various Sectors

In a year marked by economic uncertainty, the performance of industries has been closely... (2 revisions)

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UniCredit Acquires 9% Stake in Alpha Bank, Expands Presence in Romania

UniCredit, an Italian bank, has acquired a 9% stake in Greece's Alpha Bank from the Greek... (2 revisions)

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CBN Approves Merger of Providus Bank and Unity Bank in Nigeria

In a recent development, the Central Bank of Nigeria (CBN) has given its approval for the merger... (2 revisions)

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The Role of Banks in the Economy and the Importance of Tax Reform

In a recent opinion piece by Peter Switzer on Switzer, the author discusses their perspective on... (2 revisions)

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Kiwibank Cuts Home Loan Rates Amid Falling Wholesale Rates

Kiwibank has announced a reduction in its fixed home loan rates, aligning with recent decreases... (3 revisions)

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How is Jamuna Bank Adapting to Client Needs in 2024?

Jamuna Bank has recently enhanced its service quality and introduced a comprehensive pack of... (8 revisions)

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FedNow's Financial Impact: Balancing Costs and Benefits

The Federal Reserve plays multiple roles in the payments system, including as a supervisor of... (9 revisions)

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CWTEC 2024 Explores the Potential of Engineering AI for Critical Systems

Syntec Optics (Nasdaq: OPTX) announced that Company Chairman and CEO Al Kapoor has been invited... (9 revisions)

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Elderly Man Loses $130,000 in Publishers Clearing House Scam: The Growing Threat of Cyber-Criminals

Scammers continue to target vulnerable individuals, with a recent case involving a 75-year-old... (10 revisions)

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JPMorgan Takes Legal Action Against 'Infinite Money Glitch' Fraudsters

JPMorgan Chase has initiated lawsuits against individuals who exploited an 'infinite money... (11 revisions)

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HKMA's 'Money Safe' Initiative to Combat Bank Fraud in Hong Kong

In a significant move to enhance financial security for Hongkongers, the Hong Kong Monetary... (11 revisions)

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Liberia's Currency Crisis: Understanding the Challenges and Solutions

Liberia is currently grappling with a significant currency crisis characterized by a shortage of... (13 revisions)

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JPMorgan Chase CEO Wraps Up Summer Tour in Bentonville, Discusses Bank's Expansion and Focus on Local Communities

JPMorgan Chase, a US banking giant, recently concluded its summer bus tour across the central... (13 revisions)

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Senator Bill Hagerty's Key Committee Roles in 119th Congress

On January 8, 2025, Senator Bill Hagerty, a Republican from Tennessee, announced his committee... (13 revisions)

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Happiest Minds Technologies strengthens its domain capabilities with the acquisition of PureSoftware Technologies

Indian IT services and consulting firm Happiest Minds Technologies has made another strategic... (14 revisions)

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Bank of America Faces Scrutiny as Three Bankers Depart Amid Investigation

In a significant turn of events, three Bank of America investment bankers in India have left the... (15 revisions)

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Reinventing Credit Risk Transfers: A Cautionary Tale for Wall Street

The landscape of credit risk transfers (CRTs) is undergoing a significant transformation on Wall... (16 revisions)

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Syngenta Group Secures Record $4.5 Billion Sustainability-Linked Loan

On December 24, 2024, Syngenta Group (HK) Holdings Company Limited announced the successful... (16 revisions)

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Standard Chartered CEO Discusses the Growing Importance of Cybersecurity in the Banking Industry

Standard Chartered Bank's CEO, Bill Winters, recently spoke about the increasing focus on... (17 revisions)

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Rockefeller Group, Peapack Private, and BlackRock Make Senior Executive Appointments in New York and Asia Pacific

Rockefeller Group has appointed Marisa Gadlin as the senior vice president and head of Core... (17 revisions)

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How Banking Regulations Shape Trump's Economic Landscape

The ongoing debate over banking regulations in the United States has gained new dimensions with... (17 revisions)

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JPMorgan Chase Withdraws Resolution Amidst Pressure to End Discrimination

JPMorgan Chase (JPMC), the world's largest bank, has withdrawn a resolution that would have... (18 revisions)

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Standard Chartered Expands Wealth Management in Asia by 2028

Standard Chartered has unveiled an ambitious plan to bolster its wealth management services in... (18 revisions)

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Is Silver's Surge a Sign of Banking Instability?

Silver prices have recently soared, with analysts attributing this rise to a combination of... (19 revisions)

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NDIC Initiates Liquidation Process for Heritage Bank to Benefit Depositors

The Nigeria Deposit Insurance Corporation (NDIC) has begun the liquidation process for the... (20 revisions)

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Banks Face Operational Risks and Cybersecurity Threats, OCC Report Finds

Cambridge-based computer firm Raspberry Pi, known for its affordable single-board computers, is... (21 revisions)

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Opening a Bank Account in the United States as a Non-Resident: What You Need to Know

Small business owners in the U.S. continue to face challenges in obtaining financing from... (24 revisions)

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Can Hong Kong's SMEs Overcome Loan Challenges Amid Economic Strain?

Hong Kong's commerce minister, Algernon Yau, has officially ruled out the revival of the... (25 revisions)

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Thailand Denies Claims of Banks Facilitating Myanmar Arms Purchases

In a recent development, Thailand's central bank and anti-money laundering agency have stated... (27 revisions)

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Exploring the Top 10 Financial Capitals Driving Global Economy

In the ever-evolving landscape of global finance, certain cities stand out as pivotal hubs that... (30 revisions)

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Federal Reserve Exits Climate Initiative as Trump Returns to Power

On January 18, 2025, the U.S. Federal Reserve announced its withdrawal from the Network of... (33 revisions)

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Chicago's Selfreliance Federal Credit Union Expands with Assets Surpassing $1 Billion

Chicago's Selfreliance Federal Credit Union, led by President and CEO Vitaliy Kutnyy, is... (34 revisions)

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MUFG Expands Middle Market Healthcare Finance with New Hires

Mitsubishi UFJ Financial Group (MUFG) has hired two senior bankers, Mehul Patel and Gilroy... (37 revisions)

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Senator Durbin Backs Illinois Interchange Law Amid Legal Challenges

U.S. Senator Dick Durbin has shown his support for the Illinois Interchange Fee Prohibition Act... (38 revisions)

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Australia Strengthens Pacific Ties with Nauru Amid Regional Security Concerns

Australia is navigating a complex landscape of trade diversification and regional security... (45 revisions)

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Real-Time Payments Projected to Boost Global GDP by $285.8 Billion by 2028

A recent study by ACI Worldwide has revealed that real-time payments are expected to generate a... (45 revisions)

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CSC Holdings Expands Reach with Investment in Philippine Bank

City National Bank is set to open a new branch in Whittier, California, in early 2025. This... (48 revisions)

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Shifting Towards Empirical Banking Regulation in 2025

As the U.S. banking sector prepares for the challenges of 2025, there is a growing call for a... (55 revisions)

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New Leadership at HKU: A Fresh Start for Governance?

Peter Wong Tung-shun has been appointed as the new chairperson of the University of Hong Kong’s... (55 revisions)

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PBOC Implements Measures to Lower Bank Debt Costs and NIM Pressure

In a significant development, the People's Bank of China (PBOC) announced on January 10, 2025,... (79 revisions)

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Citigroup's Strategic Exit from Haiti and Its Impact on Latin America

Citigroup CEO Jane Fraser has highlighted that US consumers are becoming more cautious with... (95 revisions)

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OceanFirst CEO Maher Discusses Economic Outlook for 2025

On January 6, 2025, Christopher Maher, CEO of OceanFirst Financial, shared his insights on the... (101 revisions)

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Bank of America Appoints New President for Detroit Region

In a strategic move to bolster its presence in the Detroit market, Bank of America has appointed... (120 revisions)