Bank, Financial Institution and IT - Investment Banking Today

How China’s Property Crisis Is Testing Its Too-Big-to-Fail Banks

The New York Times: Banking

SEPTEMBER 29, 2023

Banks hold enormous amounts of real estate debt, and regulators are nervous. But a fast-moving crisis is unlikely because the government has extensive control of the system.

Bank

Bank Banking Debt Government

GFO-X names ABN AMRO Clearing, IMC, Standard Chartered Bank and Virtu Financial as strategic partners ahead of launch

The TRADE

DECEMBER 10, 2024

ABN AMRO Clearing, IMC, Standard Chartered Bank and Virtu Financial have been named as strategic partners for GFO-X ahead of its launch in Q1 2025. The trading venue stated that it has been working closely with these partners to deliver the requirements necessary to grow the institutional digital asset index futures and options market.

Bank

Bank Banking Trading Financial Institution

Regulators Seize Republic First, a Troubled Philadelphia Bank

The New York Times: Banking

APRIL 26, 2024

The relatively small bank, the first to fail this year, will have its deposits assumed by another Pennsylvania lender, Fulton Bank.

Bank

Bank Banking IT Insurance

Here’s What Financial Institutions Are Missing When It Comes To CX

Global Banking & Finance

MARCH 12, 2024

Here’s What Financial Institutions Are Missing When It Comes To CX By Elizabeth Tobey, Head of Marketing Digital Solutions, NICE As consumers demand more digital banking options and financial services, organizations grapple with uncertain global financial markets; it often feels like the banks have their hands tied.

Financial Institution

Financial Institution IT Financial Services Financial Market

Russia’s Central Bank Raises Rates to 16 Percent

The New York Times: Banking

DECEMBER 15, 2023

The bank warned that its tight monetary policy would continue “for a long period” as it attempts to slow an economy in danger of overheating.

Bank

Bank Banking IT Financial Institution

European Central Bank Raises Rates for a 10th Time

The New York Times: Banking

SEPTEMBER 14, 2023

In its battle to control inflation, the bank raised its key interest rate to the highest level on record but suggested that rates have reached their peak.

Bank

Bank Banking IT Financial Institution

Federal Court Says Consumer Watchdog Can’t Check Banks for Discrimination

The New York Times: Banking

SEPTEMBER 11, 2023

A Texas judge’s sweeping ruling says the Consumer Financial Protection Bureau exceeded its authority in trying to examine banks for uneven treatment.

Bank

Bank Banking IT Financial Institution

What Is the Basel III Endgame, and Why Are Banks So Upset About It?

The New York Times: Banking

JANUARY 18, 2024

Federal regulators want to raise capital requirements for big banks. Their plan is drawing criticism from groups that aren’t normally aligned with the industry.

Bank

Bank Banking IT Capital

Bank of America Reverses Its Pledge Not to Finance Fossil Fuels

The New York Times: Banking

FEBRUARY 3, 2024

The changes come as Republican lawmakers step up efforts to punish businesses that consider climate change and the environment in their operations.

Finance

Finance Finance Bank Banking

London’s Canary Wharf Tries to Revamp Its Image as Banks Exit

The New York Times: Banking

JULY 13, 2023

A major bank is leaving its long-held headquarters in London’s purpose-built financial district. But the district’s owner has other plans for the area, which may help it survive the pressures it faces.

Bank

Bank Banking IT Financial Institution

What is Payment Processing? How It Works and Its Advantages

Razorpay

MAY 6, 2024

Payment processing is the backbone of financial transactions in today’s digital world. From credit card payments to digital wallets, comprehending the intricacies of payment processing is vital in safeguarding financial interests and facilitating the smooth flow of commerce. What is Payment Processing?

IT

IT Financial Institution Funds Financial Transaction

When a Bank Rescinds a Job Offer Because It Canceled Your Credit Card

The New York Times: Banking

JUNE 6, 2024

Last year, JPMorgan Chase wanted to pay Mansoor Shams a low-six-figure salary to work in a marketing role. Then it reviewed his account activity.

IT

IT Accountant Bank Banking

Banks Should Have Better Customer Relations When Closing an Account

The New York Times: Banking

DECEMBER 30, 2023

When banks close checking and credit-card accounts because of “suspicious activity,” chaos and anxiety ensue. It doesn’t have to be this way.

Accountant

Accountant Bank Banking IT

Goldman Says U.S. Is Investigating Its Work for Silicon Valley Bank

The New York Times: Mergers, Acquisitions and Dive

MAY 4, 2023

Hired to help with a capital raise, Goldman Sachs advised SVB to make a move that provoked a public panic and ended with the smaller bank collapsing.

Capital Raising

Capital Raising Bank Banking IT

Can You Supercharge Your Business Growth? The Roll-Up Strategy REVEALED

How2Exit

NOVEMBER 25, 2024

The Roll-Up Strategy REVEALED - Watch Here About the Guest(s): Matt Duckworth is the CEO and founder of Rhapsodi, a financial services firm based in Little Rock, Arkansas. His career transitioned into investment banking and fractional CFO services, where he developed significant expertise in mergers and acquisitions, particularly roll-ups.

Business

Business Mergers and Acquisitions Finance Finance

Banks Offer Bonuses for Customers Opening New Accounts

The New York Times: Banking

SEPTEMBER 13, 2024

Facing competition for business, banks are offering incentives to switch. But as one expert put it, “You have to read the fine print.”

Accountant

Accountant Bank Banking Business

Why It’s So Hard for China to Fix Its Ailing Economy

The New York Times: Banking

SEPTEMBER 2, 2024

A real estate collapse has made consumers cautious and businesses wary, as China confronts a crisis unlike any other since it opened its economy to the world.

IT

IT Business Financial Institution Economics

New crypto trading venue aimed at banks and securities firms has launched as digital assets market infrastructure continues to evolve

The TRADE

DECEMBER 14, 2023

RULEMATCH, a new crypto trading venue, serves banks and securities firms which are already active in the crypto market has launched, offering a combination of integrated, post-trade settlement and ultra-low latency for participants including hedge funds and high frequency traders.

Trading

Trading Bank Banking Securities

Senate Overturns Rule Limiting Bank Overdraft Fees to $5

The New York Times: Banking

MARCH 27, 2025

Lawmakers voted to invalidate a rule adopted last year by the Consumer Financial Protection Bureau. It now moves to the House.

Bank

Bank Banking IT Financial Institution

Bank of Japan Takes Another Step Away From Easy Money

The New York Times: Banking

OCTOBER 31, 2023

The Bank of Japan said it would be more flexible in how it managed government bond yields, citing rising inflation.

Bank

Bank Banking Government Management

Bank of England Holds Rates Steady but Signals Gradual Easing

The New York Times: Banking

SEPTEMBER 19, 2024

The British central bank has emphasized its intention to move steadily to ensure that inflation continues to slow.

Bank

Bank Banking IT Financial Institution

Nasdaq to process risk calculations up to 100 times faster through integration of AI

The TRADE

OCTOBER 17, 2024

Nasdaq has integrated AI into its Calypso platform to enhance bank and insurance risk calculations, in a move set to process risk calculations up to 100 times faster. Gil Guillaumey The offering offers new methodology to conduct investment portfolio risk calculations and produce predictive analytics, based on advanced machine learning.

Financial Institution

Financial Institution Insurance Capital Market Trading

Real Estate Crisis Triggers New Alarms Over China’s Shadow Banks

The New York Times: Banking

SEPTEMBER 21, 2023

A financially troubled firm has stopped paying investors, risking panic and testing the Chinese government’s resolve to take on debts from its property crisis.

Debt

Debt Bank Banking Investors

China’s First Quarter Results Show Growth Propelled by Its Factories

The New York Times: Banking

APRIL 16, 2024

China’s big bet on manufacturing helped to counteract its housing slowdown in the first three months of the year, but other countries are worried about a flood of Chinese goods.

IT

IT Manufacturing Financial Institution Debt

European Central Bank Raises Interest Rates to Highest Level Since 2001

The New York Times: Banking

JUNE 15, 2023

Inflation is “projected to remain too high for too long,” the central bank said as it raised interest rates by a quarter-point, its eighth consecutive increase.

Bank

Bank Banking IT Financial Institution

Africa Needs Its Debts Paused So It Can Prepare for Climate Catastrophe

The New York Times: Banking

OCTOBER 8, 2023

Instead of receiving funds to address the climate crisis, Africa is borrowing money at a cost up to eight times higher than the rich world to rebuild.

Debt

Debt IT Funds Financial Institution

What is Payment Gateway and How does It Work?

Razorpay

JUNE 20, 2023

It acts as a secure bridge between the customer’s payment method (such as a credit card or digital wallet) and the merchant’s bank account, facilitating the authorisation and processing of transactions. Step 2: Website directs customer to payment gateway where they enter bank/card details.

IT

IT Bank Banking Accountant

Goldman FICC and equity distribution exec joins Citi in new Asia markets solutions role

The TRADE

APRIL 25, 2025

Citi has named Christopher Chang as its new head of markets solutions for financial institutions for Asia South and Asia North. Prior to Goldman Sachs, he held various senior banking, solutions and sales roles at Deutsche Bank and Nomura. He will also matrix report to Sue Lee, head of markets for Asia South.

Equities

Equities Financial Institution Debt Capital Markets Sale

Cooperative Banking: Meaning, Structure & Advantages

Razorpay

JULY 20, 2023

Cooperative banking refers to a small financial institution started by a group of individuals to address the capital needs of their specific community. Such financial institutions are owned and controlled by their members, and the board members are democratically selected to oversee the operations.

Bank

Bank Banking Financial Institution Capital

European Central Bank Lowers Interest Rates to 3.75%, Its First Cut in Five Years

The New York Times: Banking

JUNE 7, 2024

The European Central Bank’s new interest rate, its first cut in five years.

IT

IT Bank Banking Financial Institution

New York Community Bank Reports $2.4 Billion More in Losses as C.E.O. Resigns

The New York Times: Banking

FEBRUARY 29, 2024

The lender said its earnings were far weaker than it had earlier stated, and it disclosed the discovery of “material weaknesses” in its internal controls.

Bank

Bank Banking IT Financial Institution

China Bet It All on Real Estate. Now Its Economy Is Paying the Price.

The New York Times: Banking

OCTOBER 16, 2023

After relying on a borrow-to-build model for decades, Beijing must make difficult choices about the country’s housing market and economic future.

IT

IT Economics Financial Institution Investment

Bank of America Reports Big Jump in Profit on Higher Interest Rates

The New York Times: Banking

JULY 18, 2023

One of the nation’s largest banks reported across-the-board strength in its latest quarter, with sales and earnings that surpassed analysts’ expectations.

Bank

Bank Banking Profitability Sale

What Is eMandate: Meaning and How Does It Work?

Razorpay

MARCH 21, 2024

In 2001, you needed money and had to take a bank loan. After visiting your bank, you received a pamphlet with loan details. You compared other banks, gathered documents, submitted them, and waited for verification. You approached a bank for a loan and realized you could avail benefits without visiting the bank.

IT

IT Bank Banking Accountant

What is Private Banking and How Does It Work?

Razorpay

DECEMBER 15, 2024

What is Private Banking? Private banking is a personalized financial and wealth management service provided by banks to high-net-worth individuals (HNWIs). Unlike retail banking, which caters to the general public, private banking focuses on delivering banking services for affluent individuals and businesses.

Bank

Bank Banking IT Management

How Scammers Launder Money and Get Away With It

The New York Times: Banking

MARCH 22, 2025

Documents and insiders reveal how one of the worlds major money laundering networks operates.

IT

IT Financial Institution Bank Banking

The Mini Stock Market Crash and Why it Matters

The New York Times: Banking

AUGUST 7, 2024

They require infinite patience, often throw tantrums and are sometimes best ignored.

Stock

Stock IT Financial Institution Bank

CEO of Award-Winning Absa Bank Moçambique on Empowering Africa’s Tomorrow

Global Banking & Finance

AUGUST 28, 2024

Absa Bank Moçambique is one of the oldest financial institutions in the country, having been founded in 1975. Over time, the bank has undergone several transformations, both in terms of its brand and service provision, always striving to uphold values such as trust, resourcefulness, stewardship, inclusion, and courage.

Bank

Bank Banking Financial Institution IT

Citigroup Discriminated Against Armenian Americans, Regulator Says

The New York Times: Banking

NOVEMBER 8, 2023

The bank agreed to pay nearly $26 million to settle claims that its employees denied an immigrant community in Southern California fair access to its credit cards.

Bank

Bank Banking IT Financial Institution

Metro Bank, a Troubled U.K. Lender, Raises Money to Shore Up Finances

The New York Times: Banking

OCTOBER 9, 2023

After days of talks the bank said it had raised extra money from shareholders and bondholders and would refinance a big chunk of debt.

Bank

Bank Banking Finance Finance

BoE finds non-bank financial firms pose wider risks in crisis periods

Global Banking & Finance

NOVEMBER 29, 2024

LONDON, Nov 29 (Reuters) – Non-bank financial institutions such as hedge funds remain vulnerable to a sudden financial shock and would not all be able to access the funding they would need in such a crisis, the Bank of England said on Friday.

Bank

Bank Banking Financial Institution Funds

Our Housing Crisis Has Its Roots in the Financial Crisis

The New York Times: Banking

OCTOBER 3, 2024

Well-meaning regulations and reforms intended to prevent another financial crisis has pushed millions of affordable homes out of the reach of everyday buyers and into the coffers of investors.

IT

IT Investors Financial Institution Valuation

Russia Raises Interest Rate to 21 Percent, Its Highest in Decades

The New York Times: Banking

OCTOBER 25, 2024

Military spending and recruitment are causing the country’s economy to overheat, leaving regulators in a struggle to rein in rising prices.

Recruitment

Recruitment IT Financial Institution Economics

The State Had One Woman’s Unclaimed Funds. It Turned Out to Be a Windfall

The New York Times: Banking

MARCH 23, 2024

A financial firm told an account owner that it had turned over her money to the state. When she filed a claim, something strange happened.

IT

IT Accountant Funds Financial Institution

How China’s Property Crisis Is Testing Its Too-Big-to-Fail Banks

GFO-X names ABN AMRO Clearing, IMC, Standard Chartered Bank and Virtu Financial as strategic partners ahead of launch

Trending Sources

Regulators Seize Republic First, a Troubled Philadelphia Bank

Here’s What Financial Institutions Are Missing When It Comes To CX

Russia’s Central Bank Raises Rates to 16 Percent

European Central Bank Raises Rates for a 10th Time

Federal Court Says Consumer Watchdog Can’t Check Banks for Discrimination

What Is the Basel III Endgame, and Why Are Banks So Upset About It?

Bank of America Reverses Its Pledge Not to Finance Fossil Fuels

London’s Canary Wharf Tries to Revamp Its Image as Banks Exit

What is Payment Processing? How It Works and Its Advantages

When a Bank Rescinds a Job Offer Because It Canceled Your Credit Card

Banks Should Have Better Customer Relations When Closing an Account

Goldman Says U.S. Is Investigating Its Work for Silicon Valley Bank

Can You Supercharge Your Business Growth? The Roll-Up Strategy REVEALED

Banks Offer Bonuses for Customers Opening New Accounts

Why It’s So Hard for China to Fix Its Ailing Economy

New crypto trading venue aimed at banks and securities firms has launched as digital assets market infrastructure continues to evolve

Senate Overturns Rule Limiting Bank Overdraft Fees to $5

Bank of Japan Takes Another Step Away From Easy Money

Bank of England Holds Rates Steady but Signals Gradual Easing

Nasdaq to process risk calculations up to 100 times faster through integration of AI

Real Estate Crisis Triggers New Alarms Over China’s Shadow Banks

China’s First Quarter Results Show Growth Propelled by Its Factories

European Central Bank Raises Interest Rates to Highest Level Since 2001

Africa Needs Its Debts Paused So It Can Prepare for Climate Catastrophe

What is Payment Gateway and How does It Work?

Goldman FICC and equity distribution exec joins Citi in new Asia markets solutions role

Cooperative Banking: Meaning, Structure & Advantages

European Central Bank Lowers Interest Rates to 3.75%, Its First Cut in Five Years

New York Community Bank Reports $2.4 Billion More in Losses as C.E.O. Resigns

China Bet It All on Real Estate. Now Its Economy Is Paying the Price.

Bank of America Reports Big Jump in Profit on Higher Interest Rates

What Is eMandate: Meaning and How Does It Work?

What is Private Banking and How Does It Work?

How Scammers Launder Money and Get Away With It

The Mini Stock Market Crash and Why it Matters

CEO of Award-Winning Absa Bank Moçambique on Empowering Africa’s Tomorrow

Citigroup Discriminated Against Armenian Americans, Regulator Says

Metro Bank, a Troubled U.K. Lender, Raises Money to Shore Up Finances

BoE finds non-bank financial firms pose wider risks in crisis periods

Our Housing Crisis Has Its Roots in the Financial Crisis

Russia Raises Interest Rate to 21 Percent, Its Highest in Decades

The State Had One Woman’s Unclaimed Funds. It Turned Out to Be a Windfall

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