banking - page 20

British Finance Sector Reportedly Seeks to Delay on New Capital Requirements
Finance & Economics

British Finance Sector Reportedly Seeks to Delay on New Capital Requirements

The media reports that the central bank of England is currently under pressure, the purpose of which is to postpone the date of entry into force of the new capital requirements.

Deposits Reportedly Disappear From Wells Fargo Bank Accounts
News

Deposits Reportedly Disappear From Wells Fargo Bank Accounts

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.

NCR President Says Banks Must Use AI to Stay Relevant to Customers
Science & Technology

NCR President Says Banks Must Use AI to Stay Relevant to Customers

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.

Swiss National Bank Reports $15 Billion Loss
Finance & Economics

Swiss National Bank Reports $15 Billion Loss

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).

Bank of America CEO Says New Capital Requirements Must Ensure Level Playing Field
Finance & Economics

Bank of America CEO Says New Capital Requirements Must Ensure Level Playing Field

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.

Revolut Launches Accounts for Non-US Citizens in US
News

Revolut Launches Accounts for Non-US Citizens in US

Those who are lawfully in the US but don’t have SSNs can now get a Revolut account

Commerzbank Performs Live Blockchain-Based Transactions on Trade Finance Network Contour
Blockchain & Crypto

Commerzbank Performs Live Blockchain-Based Transactions on Trade Finance Network Contour

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 to Merge With Banc of California
Finance & Economics

PacWest to Merge With Banc of California

PacWest Bancorp plans to implement a merger deal with Banc of California.

Banco Santander Earnings Beat Estimates
News

Banco Santander Earnings Beat Estimates

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 Survives Slowdown in Trading Well
Finance & Economics

Deutsche Bank AG Survives Slowdown in Trading Well

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.

Capital One Publishes Results for Second Quarter of 2023
News

Capital One Publishes Results for Second Quarter of 2023

The American bank holding company Capital One has released financial results for the second quarter of 2023.

Myanmar Shadow Government to Launch Neobank to Finance Fight Against Military Junta
News

Myanmar Shadow Government to Launch Neobank to Finance Fight Against Military Junta

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 Rolls Out Working Capital Loans
News

Citi Rolls Out Working Capital Loans

Citi announced its intention to meet the working capital needs of commercial clients as part of its activities.

Nordea Is a New Owner of Danske Bank Norway Business
Finance & Economics

Nordea Is a New Owner of Danske Bank Norway Business

The Nordic region’s biggest bank Nordea is to acquire the Norwegian personal customer and private banking business of Danske Bank

Citigroup Fixes Personal Banking Revenue Growth in US
News

Citigroup Fixes Personal Banking Revenue Growth in US

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.

Open Banking Expo UK & Europe
Events

Open Banking Expo UK & Europe

If Open Banking, Open Finance, Open Data or Open Banking Payments is your thing, Open Banking Expo is your must-attend event of 2023. The event SOLD OUT in 2022. Grab a pass in time to unravel the complexities and opportunities that lie ahead in a dynamic open ecosystem against the recent backdrop of the JROC recommendations and […]