Banking Industry News
A collection of Banking latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Singapore central bank working with industry group to streamline private bank account applications
Singapore's central bank is working with the country's private banking industry group to shorten the time needed for wealthy individuals to open bank accounts, the bank's chief said on Monday. SCROLL TO CONTINUE WITH CONTENT The Monetary Authority…
Metro Bank investors urged to reject executive pay report
Investors in Metro Bank are being urged to vote against the lender's pay report next month, in protest of a complex bonus scheme that shareholder advisers say is “significantly out of line” with market standards. Institutional…
As The World's Best Private Bank, DBS Is Charting Bold New Paths For Global Wealth
Amid an increasingly fragmented and complex global landscape, ultra-high-net-worth clients are rethinking how they manage wealth, businesses and succession across jurisdictions and generations. Asia's rise as a center for wealth creation and…
Rising Private Credit Defaults Are Testing Banks And Insurers
As long as inflation is elevated, private credit defaults will continue to rise. Private credit has grown into a $2 trillion industry over the past decade, financing software companies, healthcare rollups, and industrial firms. Fueled by ultra-low…
Mystery as boy, 12, found strangled to death on banks of river
French police launched a murder investigation on Sunday after after a 12-year-old boy was found dead near a city centre with a towel tied around his neck, prosecutors said. The child's lifeless body was found on the banks of the Vilaine river in…
Amber Kanwar's Weekly Setup: What investors should watch for in Canadian bank earnings
Please log in to bookmark this story. Create Free Account I'm trying to picture myself pitching an idea for a company while asking, nay demanding, for a minimum $1.5-trillion valuation to “make life multiplanetary, understand the true nature…
High temperatures could mean hottest bank holiday on record
Monday is forecast to be the hottest bank holiday on record with “historic” temperatures of 34C predicted in Greater London and south-east England. It comes after the UK saw its hottest May day for at least 79 years on Sunday with a…
UK set for hottest Bank Holiday Monday as temperatures soar in heatwave
The UK experienced its hottest May Day in at least 79 years on Sunday, with Kew Gardens in south-west London recording 32.3C, following Saturday which marked the first time this year temperatures surpassed 30C. Monday is predicted to be the hottest…
Are stores open on Memorial Day 2026? Holiday hours for Walmart, Costco, stocks, banks, and more
Memorial Day contains multitudes. Most importantly, the federal holiday honors those who lost their lives while fighting for the United States. It's also the unofficial kickoff to summer, filled with barbecues, beaches, and swimming. Memorial Day…
SEN JIM BANKS: Trump's new Triumphal Arch is a monument to American greatness
The Commission of Fine Arts has officially approved President Trump's plans to build a Triumphal Arch on the outskirts of Washington, over the Memorial Bridge and across from the Lincoln Memorial. The blueprint, produced by the Department of…
Investec upskills workforce for AI-driven banking
Graeme Lockley, Investec Specialist Bank CIO. As artificial intelligence (AI) and emerging technologies continue reshaping the financial services sector, Investec says ongoing skills development initiatives become critical to ensuring long-term…
Bank of America Reiterates Buy Rating on Netflix (NFLX) Stock
Netflix, Inc. (NASDAQ: NFLX) is one of the Best Long-Term Stocks to Buy Now for High Returns. On May 18, Bank of America analyst Jessica Reif Ehrlich reiterated a “Buy” rating on the company's stock with a price objective of $125. The…
ECB Convenes Banks to Fix Flaws Exposed by AI Models, FT Says
The European Central Bank plans to press lenders to accelerate efforts to secure their IT systems after organizing a meeting on cybersecurity risks with the latest artificial intelligence models, the Financial Times reported. “There is a…
The Cigna Group (CI) Downgraded to 'Hold' at Deutsche Bank Amid 'Multi-Year Uncertainty'
With an annual dividend yield of 2.19%, The Cigna Group (NYSE: CI) is included among the 12 Best Dividend Stocks to Invest in According to Hedge Funds. The Cigna Group (NYSE:CI) is a global health company that provides insurance and related…
Martin Lewis' MSE reveals cost of using a fan this bank holiday
The money expert's website has issued guidance on the impact of electric fans to household bills For those getting through scorching bank holiday temperatures across the UK, an electric fan might be the difference between sleeping easily and an…
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