Banking Industry News
A collection of Banking latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Post-Synapse meltdown, this is the state of the banking-as-a-service industry
The bankruptcy of banking-as-a-service (BaaS) fintech Synapse shows just how treacherous things are for the often-interdependent fintech world when one key player hits trouble. Synapse's problems have hurt and taken down a number of other startups…
Top Eco-Friendly Banks: Sustainable Banking Solutions for a Greener Future
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Bank Of Japan's Latest Challenge: Election Chaos In Tokyo
The political whiplash dominating Tokyo this week is being felt with particular intensity at Bank of Japan headquarters. There, Governor Kazuo Ueda is preparing for an October 30-31 policy meeting that's suddenly lost all relevance. A week ago…
Major US banks closed 35 banks in one week - here's the full list
READ MORE: Banks on course to close a staggering 1,000 branches this year Major American banks shuttered 35 branches nationwide in a single week this October. US Bank led the closures, shutting down 11 locations between October 15 and 22. Wells…
Best Banks in California for 2024
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The Giants have a Deonte Banks problem. Can benched CB still be part of their future?
PITTSBURGH — Deonte Banks spent last week in the crosshairs after he allowed his effort to lapse on the field during the New York Giants' embarrassing loss to the Philadelphia Eagles. It was the second time in three weeks the Giants' 2023…
Lloyds Banking Group falls Tuesday, underperforms market
Shares of Lloyds Banking Group PLC LLOY slipped 2.82% to 54.54 British pence Tuesday, on what proved to be an all-around grim trading session for the stock market, with the FTSE 100 Index UKX falling 0.80% to 8,219.61. Lloyds Banking Group PLC…
IndusInd Bank falls Tuesday, underperforms market
IndusInd Bank Ltd. 532187 shares slid 1.53% to 1,038.25 Indian rupees Tuesday, on what proved to be an all-around positive trading session for the stock market, with the BSE SENSEX Index 1 rising 0.45% to 80,369.03. IndusInd Bank Ltd. closed 656.10…
How Slice entered India's regulated banking sector
Welcome to TechCrunch Fintech! This week we're looking at a company making a rare entrance into India's significant — but locked-down — banking market and a new lawsuit facing SoLo Funds. If you'd like to receive the Fintech…
Santander bank cutting more than 1,400 UK jobs
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square Mile I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Santander is cutting more than 1,400 jobs…
World Bank expects oil glut to cause commodity price slump
The World Bank expects energy prices to fall by six percent next year - Copyright AFP Frederic J. BROWN Global commodity prices should fall to a five-year low next year thanks to a huge oil glut, the World Bank said Tuesday, pointing to oversupply…
Share buybacks in Spar Nord Bank - transactions in week 43
Company announcement no. 65 In company announcement no. 10 2024, Spar Nord announced a share buyback programme of up to DKK 500 million. The share buyback was initiated on 12 February 2024. The purpose of the share buyback is to reduce the bank's…
Jyske Bank launches strategy and long-term financial targets
”Earlier in the month, Jyske Bank upgraded its outlook for 2024 due to a continued positive development. We are now launching a strategy to become an even better bank for our customers,” says Lars Mørch, CEO and Managing…
State Bank of India outperforms competitors on strong trading day
Shares of State Bank of India 500112 rose 5.13% to 832.65 Indian rupees Tuesday, on what proved to be an all-around positive trading session for the stock market, with the BSE SENSEX Index 1 rising 0.45% to 80,369.03. State Bank of India closed…
High street banks accused of endangering national security
British lenders are under fire for 'virtue-signalling' by refusing to offer bank accounts to defence companies. High street banks have been accused of refusing to provide financial services to arms firms despite mounting geopolitical tensions…
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