BankingHow Britain’s banks are ripping off the nationFebruary 26, 2024102BANKS in the US in the 1920s and early ’30s weren’t too popular with the population. Like present-day banks, they...
BankingUSA imposes sanctions on Russia’s National Payment Card System, several banksFebruary 23, 202473Economy 20:59, 23.02.2024 1 min read The United States has imposed blocking sanctions on the National Payment Card System (NPCS),...
MoneyU.S. Charges Russian Banker Kostin With Sanctions Evasion, Money LaunderingFebruary 23, 202472The United States on Thursday charged Russian banking tycoon Andrei Kostin and two U.S.-based associates for violating sanctions by paying for...
BankingStandard Chartered’s 2023 profit jumps 18%, ahead of market estimates; US$1 billion share buy-back launchedFebruary 23, 202457The London-based bank, which generates much of its revenues from Asia, reported US$5.09 billion in statutory pre-tax profit for 2023,...
FinanceEven the Bank of England is giving in to the banks – POLITICOFebruary 23, 2024141“The variety and diversity of special interests that the U.K. needs to reconcile is less than in the EU.” The...
BankingLawmakers Call Out Major U.S. Banks For Discriminating Against Muslim AmericansFebruary 22, 2024142Sen. Elizabeth Warren (D-Mass.) and Rep. Ilhan Omar (D-Minn.) released a letter Thursday demanding answers from the heads of several...
BankingHow the French helped Britain keep euro-clearing in Brexit surprise – POLITICOFebruary 21, 2024134“Clearing is structurally a winner-takes-all business,” said Christian Edelmann, managing partner co-head of Europe, at Oliver Wyman, a management consulting...
BankingBritain pushes the EU to increase red tape – POLITICOFebruary 20, 2024165Monitoring vulnerabilities The EU’s rules for money market funds have “overall successfully passed the test” and don’t require any legislative...
BankingThe emergence and evolution of Open Banking in the USFebruary 19, 2024116Rob Mannamkery from EY highlights financial wellness, real-time analytics, and modular balance sheet services as emerging trends in progressive US...
BankingThey closed our accounts tooFebruary 17, 2024137By Mark Hookham For The Mail On Sunday 23:29 17 Feb 2024, updated 00:07 18 Feb 2024 The scale of...