banking
Banking
Global Banking & Finance Review® Announces Basisbank as the Best SME Bank Georgia 2024 for the Second Consecutive Year
Banking
Black Banx’s Initiatives in Developing Countries
Banking
ECB dents traders’ hopes for October rate cut
Banking
Swiss banks fret over sanctions risk to wealth business
ECB cuts interest rates as growth dwindles
Date: September 12, 2024
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank cut interest rates again on Thursday as inflation slows and economic growth falters, but provided almost no clues to its next step, even as investors bet on steady policy easing in the months ahead. The ECB lowered its deposit rate by 25 basis...
Bank of England eyes growth with lighter bank capital reforms for UK lenders
Date: September 12, 2024
By Sinead Cruise LONDON (Reuters) -The Bank of England aims to roll out revised new rules on how much capital UK banks must set aside to cope with future crises, as it juggles efforts to shock-proof lenders while supporting growth and without hurting their global commercial interests. The regulatory arm of the central bank said...
Skyview Acquisition of OMM Shows Potential of Immersive Experiences in Capital Markets and Retail Banking
Date: September 11, 2024
In the rapidly evolving landscape of financial services, the adoption of immersive experiences is emerging as a transformative force that could redefine how banks and capital markets engage with clients and employees. Immersive experiences, which encompass technologies like virtual reality (VR) and augmented reality (AR), offer novel ways to blend digital interfaces with physical environments,...
German bank shares slide, DAX underperforms
Date: September 11, 2024
LONDON (Reuters) – German bank shares were among the worst performing European equities on Tuesday, as a selloff in U.S. lenders following downbeat comments from the boss of Goldman Sachs rippled through European markets. Deutsche Bank shares closed down 4.9%. Analysts flagged a possible readacross from comments on Monday evening by Goldman Sachs chief...
Why Digital Transformation at Banks Sucks Right Now (and How to Fix It)
Date: September 10, 2024
By Ioan Iacob, CEO / Co-founder FlowX.AI The financial services industry is at a critical juncture. Despite staggering investments, banks are still struggling with digital transformation. But why? Let’s dive into the tangled web of challenges banks face, the failed promises of past solutions, and take a look at what I believe to be the...
Basisbank Named Best Private Bank Georgia 2024 at the Global Banking & Finance Awards®
Date: September 4, 2024
Global Banking & Finance Review® is proud to announce Basisbank as the recipient of the prestigious Best Private Bank Georgia 2024 award at the annual Global Banking & Finance Awards®. This award underscores Basisbank’s excellence in delivering premium banking services, cementing its position as a leader in Georgia’s financial sector. Basisbank’s private banking services, known...