Wells Fargo is currently solving a technical problem, as a result of which, according to reports in social media, direct deposits began to disappear from the bank accounts of customers of this financial institution.
Doug Brown, president of NCR, an American company specializing in computing technology for retail chains, the banking sector, tourism, and medical industries, said that at present, an up-to-date understanding of consumer thinking is of paramount importance for financial institutions.
The Swiss National Bank on Monday, July 31, reported that following the results of the second quarter, this financial institution recorded a loss of 13.2 billion Swiss francs ($15.14 billion).
Brian Moynihan, CEO of Bank of America, expressed the opinion that the new capital requirements should form a space of equal conditions for all representatives of the US banking sector.
Those who are lawfully in the US but don’t have SSNs can now get a Revolut account
Commerzbank has become the first German Bank to successfully carry out blockchain-based Letter of Credit (LC) transactions for its clients at its Singapore and Shanghai branches on the digital trade finance platform Contour
PacWest Bancorp plans to implement a merger deal with Banc of California.
The revenues of Banco Santander SA in the second quarter of this year exceeded the initial forecasts regarding this result of the bank’s activities.
Deutsche Bank AG was able to survive a period of slowing trading, demonstrating a result that largely exceeded analysts’ expectations about the lender’s ability to cope with these adverse circumstances.
The American bank holding company Capital One has released financial results for the second quarter of 2023.
The shadow government of Myanmar, the National Unity Government (NUG), plans to create a neobank, whose activities will be carried out on the Polygon platform.
Citi announced its intention to meet the working capital needs of commercial clients as part of its activities.
The Nordic region’s biggest bank Nordea is to acquire the Norwegian personal customer and private banking business of Danske Bank
Citigroup reported that by the end of the second quarter of this year in the United States, the revenue received by this financial institution as a result of the provision of personal banking services increased by 11% compared to the indicator for the same period in 2022 and amounted to $4.6 billion.
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The British mobile bank Monzo is currently assessing the potential prospects of a merger with the Danish financial institution Nordic peer Lunar Group A/S, as reported by the media concerning sources aware of the relevant intentions of the digital lender.
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