Debanking Unraveled: A Recap of Events and Current Standing of Banks
UK banking rules are in the midst of a shake-up after…
Banking
Bank of Japan Takes Steps Toward Normalization, but Full Transition Remains Incomplete
The news that economic policy minister Yoshitaka Shindo would be in attendance…
Indian Central Bank Expresses Uncertainty in Aligning Inflation with 4% Target
The Indian central bank’s objective of aligning inflation with its 4%…
Finma Advocates for Increased Powers Following Credit Suisse's Collapse
Credit Suisse came near collapse months before its eventual bailout, the Swiss…
Japan's Interest Rates in Spotlight: A Comparison That Puts Others in Perspective
Major banks in Japan have started raising interest rates on time deposits…
Smart Interaction Granted Saudi License for Finance Integration Services
Saudi fintech firm Smart Interaction has obtained a license to provide finance…
Bunq, the Neobank, Launches Customer-Facing General AI Tool
Bunq on Tuesday became the latest neobank to fold generative artificial intelligence…
Santander Acquires 20% Stake in $9 Billion Signature Multifamily Portfolio
Signature Bridge Bank, under receivership of the Federal Deposit Insurance Corp., sold…
Swiss National Bank Welcomes Two New Deputy Rate-Setters
Switzerland’s government has enlarged the number of deputies for the Swiss…
Central Bank's Monetary Body Gets Crypto Specialist in Erdogan's Recent Appointment
Turkey President Recep Tayyip Erdogan has appointed Fatma Ozkul, a professor who…
IMF Data Reveals Decline in Dollar's Share in Central-Bank Reserves
The dollar’s share in global central-bank reserves dropped in the…
Peru's Central Bank Foresees Economic Shrinkage After Significant Adjustment
Peru central bank chief Julio Velarde said the nation’s gross domestic…