Banking

Feb 3, 2025 Banks DIH’s Linden branch has reported a 29% increase in profits for the fiscal year 2024, earning $2.4 billion in revenue. This represents an increase of $557.2 million compared to the previous financial year. At…

President Trump’s move for greater control of federal banking regulators will be disruptive for lenders, say experts, with decreased capacity and politically motivated rulemaking quickly outweighing any short-term deregulatory gains.The US…

The UK regular has levied fines of more than GBP 100 million on four global…

London's FTSE 100 was flat at 8,663.77 in afternoon trade on Friday. Asia-focused bank Standard Chartered surged to the top of the index as it said it would hand back $1.5bn to shareholders after a rise in annual earnings. Pre-tax profits…

Six major trade associations representing US traditional financial (TradFi) institutions, wrote a letter to White House AI and crypto czar, David Sacks, congratulating the administration on its new approach to digital assets and the…

The $100,000 cash grant cheques being distributed by the government is valid for six months and therefore there is no need for citizens to rush to the banks. A social media commentator falsely claimed in a LIVE broadcast…

Innovation has become the main driver of change across all industries, and the financial sector is no exception. Boasting one of the best banking apps and a successful digital banking model in Italy, BBVA has carved out a position…

By Farah SiddiqiOhio News Connection Recent federal executive orders have left many organizations in Ohio navigating uncertainty, particularly when it comes to funding for essential services. Food banks, which serve as a…

Chinese mainland citizens will soon be able to open foreign currency bank accounts at mainland branches of Hong Kong and Macau banks, though restrictions on opening offshore bank accounts remain unchanged. The National Financial…

“It’s become a lot harder for banks to dilly-dally and take time with their decisions,” he says.Then there’s the state of the home loan market, in which banks are still competing quite hard to attract and retain customers. This level of…