Rating Action: Moody’s confirms RCB Bank’s B1 deposit ratings, with negative outlookGlobal Credit Research – 28 Mar 2022This follows the announcement of the voluntary phasing out of banking operations, including…
Category: Finance
Yen hits 7-year low after Bank of Japan sticks to stimulus
The yen dropped to a seven-year low on Monday as the Bank of Japan bucked the global trend for tighter monetary policy, stoking speculation that the central bank could intervene…
HSBC removes references to Ukraine ‘war’ from analyst reports
HSBC has repeatedly edited its analysts’ research publications to remove references to a “war” in Ukraine, as the UK bank resists pressure to follow rivals by closing its business in…
How Russia’s Central Bank Engineered the Ruble’s Rebound
The ruble is in a central-bank-induced coma. While Russia’s currency can still see sharp swings in a day, it has trimmed its steep losses and begun to stabilize. It is…
Banking as a Service gains unstoppable momentum, Finastra research shows
85% of senior executives surveyed are already implementing BaaS solutions or are planning to in the next 12-18 months DUBAI, UAE, LONDON and NEW YORK, March 28, 2022 /PRNewswire/ —…
The small business angel in the banking window
By Gabrielle Saulsbery Southern Crafted Shutters CEO Kristin Meyer kept hitting roadblocks last year when she needed to refinance a Small Business Administration loan, until someone directed her to Pinnacle…
Indian Banking Sector Unprepared for Financial Impacts of Climate Change, Reveals Analysis | The Weather Channel – Articles from The Weather Channel
Representational image (IANS) An analysis of India’s leading banks by think tank Climate Risk Horizons, on Tuesday, warned that the country’s banking sector is unprepared for the financial impacts of…
Banking Regulation 2022 – Finance and Banking
To print this article, all you need is to be registered or login on Mondaq.com. Introduction Ireland, similar to the rest of the world, has continued to face the…
Virginia Union University Receives $1M Grant from Bank of America
Funds Will Be Used to Prepare Students for Careers in the Financial Industry RICHMOND, Va., March 21, 2022 /PRNewswire/ — Virginia Union University (VUU) has announced it is the recipient…
3 ways banking and finance could blur in 2022
Fabrizio Burlando is executive vice president of consulting and innovation at Mastercard. The distinction between the terms banking and finance has never been clear cut. It needn’t be. Banking services…
Wall Street Banks Are Leaving Russia
The baseball lockout is over. M.L.B. and the players’ union struck a new collective bargaining agreement that includes higher pay for younger players. That means opening day will be April…
2022 trends for banking and finance
With increased demand for integration of environmental, social and governance considerations into financial strategies, the expected upturn in spending on sectors that lay practically dormant due to the pandemic (i.e.…