ING Sues ICBC for $171 Million in Copper Deal Losses Dutch banking giant alleges breach of contract by China’s largest bank in transactions involving copper trader Maike Metals Caixin Global · Apr 26, 2023
These 3 Quality Finance Stocks Are the Best Bet for 'Buy-Now' Investors Amid renewed trepidations regarding the spillover of the banking crisis, investors willing to bank on fundamentally strong and high-quality finance stocks, Everi Holdings (EVRI), Forrester Research (FORR), and CPI Card Group (PMTS), could be rewarded with impressive gains. Continue reading. StockNews.com · Apr 26, 2023
East Lothian councillor accuses bank of 'engineering' branch closure A fellow councillor paid tribute to staff at the branch who helped him and his family after the death of a loved one adding that level of service was not available 'on an app or an iPad' Edinburgh Live · Apr 26, 2023
New CBI boss says she is ‘profoundly sorry’ to women let down by business group – as it happened As Rain Newton-Smith takes over as CBI director general, the boss of drugmaker GSK calls claims around CBI ‘absolutely shocking’ and ‘repulsive’ The Guardian - UK · Apr 26, 2023
BoT delays publication of virtual bank rules to Q3 The Bank of Thailand has postponed the issuance of virtual bank regulations until the third quarter of this year because it needs more time to clarify the new business licensing with related parties. Bangkok Post · Apr 26, 2023
First Republic Bank shares fall 50% after reporting dramatic slump in deposits Bank now faces tough options to turn around its business with the creation of a ‘bad bank’ or asset sales possibilities The Guardian - US · Apr 25, 2023
Allowing Silicon Valley Bank UK to fail would have caused domino effect, FCA suggests Regulator’s chief executive, Nikhil Rathi, outlines to MPs what led to HSBC’s takeover of the bank for just £1 The Guardian - UK · Apr 25, 2023
UBS reaps $28B in new money amid Credit Suisse fallout Swiss bank UBS says it took in $28 billion in new money from wealthy clients in the first three months of the year The Independent UK · Apr 25, 2023
Swatch and KTC launch SwatchPAY For the first time in Thailand, Swatch joins hands with KTC (Krungthai Bank) to introduce SwatchPay. The new payment system allows users to make contactless payments, much like a virtual payment card with a wristwatch. Bangkok Post · Apr 25, 2023
Central banks end crisis offer as bank system fears ease Major central banks are standing down from their offer of daily emergency dollar loans to banks, a crisis step launched after the collapse of Silicon Valley Bank in the U.S. fed fears about the stability of the global financial system The Independent UK · Apr 25, 2023
Hollyoaks spoilers: Cindy Cunningham plots to rob a bank! Airs Thursday 4 May 2023 on Channel 4 at 6.30pm. WhatToWatch · Apr 25, 2023
First Republic clients pulled $100B in deposits during panic Depositors at First Republic Bank pulled more than $100 billion in deposits out of the bank during last month’s crisis The Independent UK · Apr 24, 2023
Asian stocks fall amid fears of recession The Stock Exchange of Thailand slipped on Monday with Asian bourses broadly down, as investors trimmed risks following a drop in US equity futures, while analysts raised concerns about financial sector stress, saying recession fears are growing. Bangkok Post · Apr 24, 2023
Are Your Bank Deposits Safe? What to Know Recent bank failures have unnerved savers, but your money is protected up to certain limits. Here’s what you need to know. Kiplinger · Apr 24, 2023
The Hindu · Apr 24, 2023 Batting for borrowers: on the Reserve Bank of India’s recent draft circular The Reserve Bank of India’s decision to ensure a fair and transparent approach to credit pricing must be viewed in the context of increasing retail lending
StockNews.com · Apr 24, 2023 Sell Alert: 2 Stocks to Sell Now Before They Drop Further While the banking industry appears to have stabilized post the bank collapses, it still faces the challenges of tighter credit standards and the outflow of deposits to money market funds. In this scenario, it could be wise to avoid fundamentally weak stocks, Bank of Nova Scotia (BNS) and East West…
Irish Mirror · Apr 24, 2023 AIB offers all staff who experience domestic abuse 10 paid days off Those working at the bank will also be provided with five days paid emergency hotel accommodation at the company’s expense if affected
The Independent UK · Apr 24, 2023 HSBC UK chief executive encourages people struggling financially to seek help Ian Stuart was speaking as the bank announced a new initiative with housing charity Shelter to support the financial health of people and communities.
Evening Standard · Apr 24, 2023 Bank panic leads to £55 billion in outflows at fallen giant Credit Suisse Extent of bank run highlights City job fears into the shotgun marriage with UBS
AAP · Apr 24, 2023 RBA rate calls still face potential parliament veto The RBA's reviewers have called for greater independence for the central bank but say the government will still be able to step in if the board goes rogue.
Bangkok Post · Apr 23, 2023 Baht all safe and sound While the recent banking debacle in the US and Europe sparked fears about a contagion spreading worldwide, the head of Thailand's Deposit Protection Agency (DPA) said since the agency's establishment in 2008, Thailand has never been close to requiring action to protect deposits.
Kiplinger · Apr 23, 2023 Why Investors Should Avoid Buying the Banking Sector Dip Even though things appear to have settled after SVB's collapse, that doesn’t mean all is clear. Consider options like healthcare and consumer staples instead.
Daily Record · Apr 23, 2023 Corporate lawyer quits high-flying career to help poor in Pakistan over Ramadan Phil Bland has given up his corporate banking job to travel the world making YouTube videos and spent Eid giving thousands of pounds in tips to delivery drivers.
The Guardian - UK · Apr 22, 2023 Banks line up to reassure investors as season of turbulence subsides First-quarter results for the UK’s big four will vary by exposure to volatile markets, but the boost from high interest rates won’t last
The Guardian - US · Apr 22, 2023 JP Morgan execs reportedly maintained contact with Epstein after dropping him as client Bank’s links to sex offender financier deeper than previously known, as it faces lawsuit brought by US Virgin Islands