The new EU Capital Requirements Directive may make banking more difficult for foreigners living in Germany…
Tag: Banking
Trump’s World Liberty Financial Receives Bank Approval
World Liberty Financial, a cryptocurrency venture founded by Donald Trump and his sons, has received preliminary…
Jamie Dimon Urges UK Chancellor Against Bank Tax Hike
Jamie Dimon, CEO of JPMorgan Chase, warned UK Chancellor of the Exchequer John Healey against raising…
UK Lawmakers Demand Answers on Banking for Crypto Firms
UK lawmakers from the Crypto and Digital Assets All-Party Parliamentary Group (APPG) have formally questioned major…
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…