Banking
Banking
HSBC Sustainability Chief Leaves After Executive Committee Role Dropped
Banking
UniCredit CEO Rules Out Moving Headquarters to Germany in Commerzbank Deal
Banking
Adani Group Could Find Funding Harder After US Indictment as Banks Review Credit
Banking
Italian Firms’ Profitability Could Fall as Growth Slows, Central Bank Says
Is Shared Banking the Next Wave of Banking Evolution?
Date: November 22, 2024
Matt Phillips, Head of Banking – UK and Ireland, Diebold Nixdorf The how, where and why of financial services provision continues to evolve across every economy and every country globally. As a consumer 10 years ago, you would have been unlikely to imagine how much the face of banking has changed in recent years. These...
Thomas Priore: Priority Is Positioned to Meet Increase in Regulations for FinTech Banking Solutions
Date: November 22, 2024
Priority CEO Thomas Priore says his company is prepared to meet new regulations for the fintech industry. While innovation and agility are hallmarks of fintech, the industry now faces a powerful shift as regulators move to keep pace with its rapid growth. Regulation is essential for safeguarding consumers and maintaining financial stability, but its implementation...
Economists See Russian Inflation Exceeding the Central Bank’s 2024 Estimate
Date: November 22, 2024
By Gleb Bryanski and Darya Korsunskaya MOSCOW (Reuters) – Leading Russian economists expect inflation in Russia to exceed the central bank’s estimate for this year, increasing the likelihood of another aggressive benchmark interest rate hike next month. Consumer prices rose by 0.37% in the latest week, according to statistical data, pushing the headline figure since...
UBS Flags ‘sluggish’ Europe Growth as It Takes $170 Million Credit Hit
Date: November 21, 2024
By Dave Graham and Oliver Hirt ZURICH (Reuters) – UBS has seen weak European growth hit companies it lends to, CFO Todd Tuckner said on Thursday, with the bank facing a 2024 credit loss expense of some 150 million Swiss francs ($170 million) in its personal and corporate banking business. Tuckner’s remarks came as he...
The Rise of Digital Banking
Date: November 21, 2024
In the fast-paced digital era, banking has undergone a revolutionary transformation. Traditional banking practices, characterized by long queues, excessive paperwork, and restricted operating hours, are being replaced by digital banking—a modern, efficient, and user-friendly approach. This article delves into the core of digital banking, highlighting its advantages, the role of iDenfy, and its impact on...
Emily Turner Appointed CEO of HSBC Innovation Banking UK
Date: November 21, 2024
LONDON (Reuters) – HSBC has appointed former Citi banker Emily Turner as CEO of its Innovation Banking UK arm, the tech-focused business unit which it created following its acquisition of the British business of failed U.S. lender Silicon Valley Bank. Turner replaces former Silicon Valley Bank UK head Erin Platts, HSBC said, who will support...