account Archives - Global Banking Monitor

Understanding How the Federal Reserve Affects Savings Account Interest Rates

When the Federal Reserve changes interest rates, consumers feel the ripple effects in all sorts of ways. For savers, banks offering top rates tend to...

NatWest and Barclays Receive Highest Complaints for Bank Account Closures

NatWest and Barclays Receive Highest Complaints for Bank Account Closures NatWest Group Plc and Barclays Plc got the most complaints over decisions to close bank...

UK Implements Stricter Rules for Bank Account Closures Following Blacklisting Complaints

Banks in Britain will be forced to explain and delay any decision to close an account under new rules announced by the finance ministry...

Understanding PEPs and the Banking Industry’s Account Closure Rules

Nigel Farage has claimed his bank account was closed because his views and friendships with the likes of Donald Trump and Novak Djokovic "do...

Virtual Account Management Gains Traction Among Corporate Customers

How long is too long to open a corporate account? Many U.S. banks have yet to shorten what can be weeks of waiting for...

Wells Fargo Analyst Believes Bank Valuations Account for the Bleakest Scenario

Bank stocks are being overly punished by investors in the wake of the regional banking crisis, according to Wells Fargo’s Mike Mayo. Current assumptions factor...

Federal Government’s Bank Account Depletes Rapidly as Default Deadline Approaches

The Treasury Department's bank account at the Federal Reserve saw a sharp drop in cash earlier this week as lawmakers continue to negotiate over...

Apple extends their FinTech ecosystem with 4.15% APR Savings account

Apple's FinTech domination plans are continuing! It's incredibly exciting to watch how they are positioning their selection of products and services, especially when it...

Turkey’s January Current Account Deficit Hits All-Time High

Turkey's current account deficit widened to $9.85 billion in January, data from the central bank showed on Monday, the highest level in four decades...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

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