Hong Kong savings safety net to expand by 60% to protect US$102,270 in event of bank failures
Hongkongers will soon enjoy protection for up to HK$800,000 (US$102,270) of bank deposits, up from the current HK$500,000, as a...
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Wells Fargo, Bank of America, US Bank, Citizens, TD and KeyBank among those that file to shut 139 bank branches in January alone – is YOURS affected?
Bank of America, TD and KeyBank together filed to close 26 branches in a weekIn January, banks said they would...
EU capitals fear Russian retaliation and cyberattacks after asset freezes – POLITICO
The EU's unrelated effort to funnel cash to Ukraine from its central budget faced serious political resistance, prompting governments to...
Iran’s sanctions-avoiding efforts involve two UK banks
The Financial Times has obtained documents that showcase Iran’s efforts to evade sanctions by using accounts at two of the...
I’m a fund manager and here’s why I back big banks Barclays and NatWest
UK banks are predicted to have a difficult time in 2024 as interest rates fallInterest rates falling means profit margins...
US Bank, Wells Fargo, Bank of America, Citizen, Chase and PNC are shutting hundreds of branches a year – here is what to do if your bank closes
In the last 10 years, American banks have shuttered 13,000 branches for goodIf your local branch shuts you may be...
New York Community Bancorp Isn’t the Only Bank Warning About U.S. Office Loans
New York Community Bancorp isn’t the only bank ringing alarm bells over U.S. commercial real estate loans—there has been another...
Japan’s Aozora Bank tanks after flagging losses tied to US commercial property
A pedestrian walks past a sign for Aozora Bank Ltd. at the company's headquarters in Tokyo, Japan, on Friday, May...
The financial watchdog cannot stop banks from shutting down local branches, senior official admits
More than 5,800 bank and building society branches have closed in nine years The financial watchdog is powerless to prevent...
Bank of America, Chase, Capital One, US Bank and PNC and are among ten national banks to shutter 41 locations in a single week – is yours affected?
PNC said it would close ten branches in the week starting January 15 aloneIt was followed by US Bank and...
