Banking Industry News
A collection of Banking latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Interest rates 'almost certain' to be held steady by Bank of England
The Bank of England is expected to hold interest rates at its next meeting (Jordan Pettitt/PA) Interest rates will “almost certainly” be held steady for a third time in a row by the Bank of England, economists have predicted. The…
Cramer: Why the rally in bank stocks is great for the entire market - and far from over
Something unpredictable happened last week that is so positive I almost hesitate to write about it: The banks became extraordinary performers. The percentage gains for bank shares and the pretty stock charts, all wondrous, look like they are in…
HDFC Bank Launches Star-Studded PayZapp Campaign
Mumbai, HDFC Bank, India's leading private sector bank, today announced the launch of a star-studded PayZapp campaign.The campaign features actors Tiger Shroff, Prabhu Deva and Kapil Sharmautilising their immense popularity for a wide consumer…
Interest rates 'almost certain' to be held steady by Bank of England
Interest rates will “almost certainly” be held steady for a third time in a row by the Bank of England, economists have predicted. The final Bank of England Monetary Policy Committee (MPC) meeting this year, on Thursday December 15…
Bank of England to cut rates faster than expected, says Goldman Sachs
Goldman Sachs predicts that the Bank of England will make its first rate cut in August 2024 Eamonn Sheridan 10/12/2023 | 23:59 GMT-0 Via a note from Goldman Sachs over the weekend on their expectations for the Bank of England next year: Bank of…
Staff changes at Red River Bank, Baptist Community Ministries
Michael Laughlin has been hired by Red River Bank as vice president and commercial banker for the New Orleans market. Laughlin has more than a decade of commercial banking experience. He earned a bachelor's in finance from the University of…
Proposed bank regulations won't save sector but will hurt your wallet, experts say
Advertisement - story continues below Key U.S. regulators have proposed the Basel III endgame requirements that would place greater capital restrictions on banks, tightening credit for average Americans who are already suffering from high interest…
Bank expansion in NSP countries slows
Taiwanese banks have slowed their pace in opening representative offices or branches in the countries included in the government's New Southbound Policy (NSP), data released by the Financial Supervisory Commission (FSC) showed on Friday. So far…
Specific group to have bank accounts checked in major DWP plan
The UK government could enforce the monitoring of bank accounts for those in receipt of the State Pension under new proposals. Parliament has been debating about whether or not the plan, as part of amendment to the 'Data Protection and Digital…
Proposed Banking Regulations Won't Save Sector But Will Hurt Your Wallet, Experts Say
Key U.S. regulators have proposed the Basel III endgame requirements that would place greater capital restrictions on banks, tightening credit for average Americans who are already suffering from high interest rates. The proposed regulations do not…
Humphrey Yang Shares That You Shouldn't Leave Your Cash in the Bank, Use These 5 Safer Alternatives
Popular YouTube finance guru Humphrey Yang cautioned viewers that leaving excess cash in basic bank accounts erodes its actual value over time. He insisted that better options exist, which will not only protect money from inflation, but even…
NDIC to pay depositors of 20 failed banks N16.18bn dividends, list emerges
The Managing Director of NDIC, Bello Hassan, said the corporation is ready to begin payment of liquidation dividends to depositors in 20 failed banks He said the corporation had earmarked N16.18 billion to offset the liquidation dividends of the…
Holiday shoppers warned of disturbing gift card scam likely padding Chinese bank accounts
The Sacramento County Sheriff's Office is warning the public of a disturbing and “very sophisticated” gift card scam that has national and international implications. The sheriff's office told Fox News Digital this week it carried out…
Follow Live: Ravens take on Rams at rainy M&T Bank Stadium
Updated: 1:04 PM EST Dec 10, 2023 Follow Live: Ravens take on Rams at rainy M&T Bank Stadium Updated: 1:04 PM EST Dec 10, 2023 The Ravens come off of their bye week to take on the Los Angeles Rams at home in a game that will see the weather play a…
Canada Expands Probe Into Beijing-Backed International Bank, Says Participation Remains 'Indefinitely Suspended'
Canada is expanding its probe into the Asian Infrastructure Investment Bank (AIIB) following warnings about Beijing's control within the institution. While the federal government is also indefinitely freezing its participation in the organization…
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