UK lawmakers from the Crypto and Digital Assets All-Party Parliamentary Group (APPG) have formally questioned major…
Tag: Banking
Lloyds Reports 23% Profit Rise, Plans £2 Billion Cost Cuts
Lloyds Banking Group reported a statutory pretax profit of £4.3 billion for the first half of…
UBS Q2 Profit Rises 17% to $2.8 Billion, Plans $3 Billion
UBS reported a net profit of $2.8 billion for the second quarter of 2026, marking a…
Musk’s X Launches Banking Service in ‘Everything App’ Push
Elon Musk's social media platform X launched its banking service, X Money, on July 28, 2023,…
Bankers Support Fed Reforms, Favor Data-Driven Decisions
More than 80% of bankers support reforms at the Federal Reserve, according to a recent survey…
Foreign banks dominate FCNR(B) inflows under RBI scheme
Foreign banks accounted for a significant portion of the inflows into Foreign Currency Non-Resident (FCNR(B)) deposits…
CGSI downgrades OCBC to ‘hold’, raises target price to
CGS International (CGSI) downgraded OCBC Bank to a 'hold' rating in a research report released on…
Vietnam banks seek foreign funding amid growth ambitions
Vietnamese banks are facing challenges in financing the country's ambitious economic growth targets, prompting a push…
PNB Q1 Profit Surges 214%, Shares Hit Two-Month High
Shares of Punjab National Bank (PNB) rose 5.6% to ₹111.70 during trading on July 20, reaching…
Banks auction Wadia Realty’s Thane land for Go First dues
Lenders, led by Central Bank of India, have put Wadia Realty Pvt Ltd's nearly 95-acre land…