banking
Banking
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What has your bank done for you lately?
Date: May 4, 2023
What has your bank done for you lately? By Alex Hamilton, copywriter at independent creative agency, isobel In a world where we have endless choice for everything from the pods we use in our morning coffee, to the subscription channel where you watch TV, many people remain surprisingly loyal to their banks. It could be...
How AI and Open Banking are Powering Lending
Date: May 4, 2023
By Chirag Shah, Founder and CEO Nucleus Commercial Finance The banking and lending industries have changed almost beyond recognition throughout the last two decades. No longer rooted in bricks and mortar and manual processes, banking has become digitised, with automated systems powering progress. But while the evolution of lending has been very much underway for...
Swiss National Bank seeks banking regulation review after Credit Suisse crash
Date: April 28, 2023
Swiss National Bank seeks banking regulation review after Credit Suisse crash BERN (Reuters) – Swiss banking regulation and supervision must be reviewed following the collapse of Credit Suisse, Swiss National Bank Chairman Thomas Jordan said on Friday, although he warned against “quick fixes.” The central bank played a key role in the state-engineered rescue of...
U.S. officials lead urgent rescue talks for First Republic -sources
Date: April 28, 2023
U.S. officials lead urgent rescue talks for First Republic -sources By Nupur Anand, Andrea Shalal and Greg Roumeliotis NEW YORK (Reuters) – U.S. officials are coordinating urgent talks to rescue First Republic Bank as private-sector efforts led by the bank’s advisers have yet to reach a deal, according to three sources familiar with the situation....
Deutsche Bank to cut 800 jobs after strong first quarter
Date: April 27, 2023
Deutsche Bank to cut 800 jobs after strong first quarter By Tom Sims and Marta Orosz FRANKFURT (Reuters) – Deutsche Bank is to cut 800 jobs in a new cost-saving drive after reporting a bigger than expected rise in profit for the first quarter, a volatile period globally for finance companies. Germany’s biggest bank produced...
How To Know Your Money Is Safe In An Online Bank?
Date: April 20, 2023
Online-only banks have gained enormous traction over the course of the pandemic, and while most banks, big and small have since embraced digital transformation, they’ve largely been no match to the tech, convenience, and experience offered by these ‘Neobanks.’ Often referred to as challenger banks, these upstarts have upended the industry for good, with big...