Banking Industry News
A collection of Banking latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
IndusInd Bank slides Wednesday, underperforms market
IndusInd Bank Ltd. 532187 shares slipped 1.58% to 927.35 Indian rupees Wednesday, on what proved to be an all-around poor trading session for the stock market, with the BSE SENSEX Index 1 falling 1.40% to 79,116.19. IndusInd Bank Ltd. closed 6.80%…
ICICI Bank slips Wednesday, outperforms competitors
Shares of ICICI Bank Ltd. 532174 inched down 0.71% to 1,364.50 Indian rupees Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the BSE SENSEX Index 1 falling 1.40% to 79,116.19. ICICI Bank Ltd. closed…
Axis Bank falls Wednesday, underperforms competitors
Axis Bank Ltd. 532215 shares shed 1.61% to 1,351.05 Indian rupees Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the BSE SENSEX Index 1 falling 1.40% to 79,116.19. Axis Bank Ltd. closed 4.74% short…
Trump Lashes Out at Banks Over Contentious Crypto Bill
In a Truth Social post, Trump lashed out at the big banks on Tuesday night over crypto. “The Genius Act is being threatened and undermined by the Banks, and that is unacceptable — We are not going to allow it,” the president…
State Bank of India slides Wednesday, outperforms competitors
State Bank of India 500112 shares slipped 1.25% to 1,174.50 Indian rupees Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the BSE SENSEX Index 1 falling 1.40% to 79,116.19. State Bank of India closed…
Kotak Mahindra Bank slips Wednesday, underperforms competitors
Shares of Kotak Mahindra Bank Ltd. 500247 slid 2.37% to 403.20 Indian rupees Wednesday, on what proved to be an all-around poor trading session for the stock market, with the BSE SENSEX Index 1 falling 1.40% to 79,116.19. Kotak Mahindra Bank Ltd.
Trump slams banks over crypto bill holdup, urges Congress to pass act 'ASAP'
President Trump criticized the banking industry Tuesday, alleging that the stablecoin bill he signed into law last year is “being threatened and undermined by the banks.” The Senate's efforts to pass a key cryptocurrency market bill…
Metro Bank bounces back to profit after cost-cutting
Metro Bank has revealed a return to profit for the past year after slashing costs across its operations and shifting more towards corporate lending. The London-based lender told shareholders on Wednesday that it delivered an £87.2 million…
Barratt Redrow PLC Appoints Dean Banks as Next Group CEO
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client…
US banks on high alert for cyberattacks as political tension escalates
The U.S. financial services industry is on heightened alert for potential cyberattacks amid the unfolding U.S. war in Iran, with firms stepping up monitoring for threats that often rise during periods of geopolitical conflict, said…
Trump Escalates Confrontation With Banks Over Crypto Agenda
President Donald Trump warned banks against weakening his cryptocurrency agenda and pushed for passage of a market-structure bill known as the Clarity Act, escalating a confrontation with the financial industry over legislation that would reshape…
Elon Musk's SpaceX Is Said to Add Citigroup to IPO Bank Lineup
SpaceX has added Citigroup Inc. to the banks leading its initial public offering, according to people familiar with the matter, as billionaire Elon Musk's rocket and satellite company moves closer to a blockbuster debut. The bank would join Bank of…
Police warn of 'sophisticated' banking scam
Search ca2cbf40-c99c-46e2-bf88-faf62b207deb Be vigilant: police warn of a phone scam (File photograph) The Bermuda Police Service advised the public to remain vigilant after several reports of a banking scam that has resulted in victims being duped…
Citi's security unit was meant to probe misconduct. Employees say it protected the bank instead
Our digitised version of the FT newspaper, for easy reading on any device. FT Digital Edition: our digitised print edition Global news & analysis Expert opinion Translate instantly to 26 languages Lex: FT's flagship investment column FT Magazines…
Equity Bank completes data centre migration to Raxio
Equity Bank Uganda has successfully completed the migration of its core data centre operations to the Raxio Data Centre in Namanve Industrial Park, marking a significant milestone in the bank's digital transformation journey. The move, which was…
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