EU mandatory regulation is on the money
EU mandatory regulations for instant credit transfers within the Single Euro Payments Area (SEPA) are right on the money. The key...
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Will empty offices cause the next banking crisis? Commercial real estate ‘debt bomb’ of $929 billion comes due this year with HUNDREDS of banks facing insolvency runs if default rates on the loans spike
Some $929 billion in commercial real estate loans will come due in 2024About 14% of all CRE loans and 44%...
US sanctions firms for providing tech to Central Bank of Iran
The United States has imposed sanctions on several companies and individuals for smuggling technology to the Central Bank of...
U.K. Banks’ 2024 Income Trajectory To Be Focus of 4Q Print — Sector Preview
U.K. banks' upcoming fourth-quarter earnings are expected to reflect robust financial performance and attractive shareholder returns. Investors are likely to...
European banks are challenging the challengers
New research from Economist Impact supported by Temenos finds that European banks are fighting back against competition from platform...
The Average Savings Account Balance | Banking Advice
Key Takeaways The median savings account balance for all families in the U.S. was $8,000 in 2022. Generally, higher-income earners and older individuals save more than younger ones. Some experts suggest three to six months' living expenses as a goal. Are you curious how your savings stack up to other Americans? According to the Federal Reserve's most recent Survey of Consumer Finances, the median savings account balance for all families was $8,000 in 2022.Savings account balances can vary greatly depending on income, age, education and race. For example, people with...
How to protect YOUR cash from banking Armageddon: Shark Tank star Kevin O’Leary warns THOUSANDS more ‘radioactive’ regional banks could fail like SVB – you’ll be amazed how simple it is to be safe
Regional banks are doomed.That's not necessarily a bad thing… if you're prepared for it.It's been almost a year since Silicon...
Finastra and Tesselate digitalise trade finance for US banks
UK-based Finastra has partnered with Tesselate to launch an end-to-end pre-packaged service that accelerates trade finance digitalisation. Finastra and...
Higher inflation, much weaker growth: Brexit has hit the U.K. economy hard, says Goldman Sachs.
The U.K. economy is now 5% worse off than it would have been had it never left the European Union...
Natwest becomes first bank accepted into UK Open Banking DPS
NatWest Bank has been confirmed as the first UK Bank to become a supplier on the Crown Commercial Service’s...
