August 16, 2025

Banking

Banking

Consumers Bank to open first full-service site in Mahoning County | News, Sports, Jobs

Staff report Consumers National Bank will open its first full-service branch office in Mahoning County next summer, the Minerva-based company said Monday. Company officials said they received permission from the Office of the Comptroller of the Currency in Washington, D.C., to operate its 24th bank on South Avenue in Boardman. The company has operations in

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Banking

Lawyer calls for investigation into MBIE officials over banking class action

ASB and ANZ have rejected an offer to settle a class action law suit for breaches of historic credit disclosure laws. Photo: A top lawyer working with the plaintiffs in a large-scale banking class action is calling for a formal investigation into “serious civil service process failures” by Ministry of Business, Innovation and Employment officials.

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Banking

key takeaways from Macquarie’s 2025 Banking Symposium

Image source: Getty Images The Big 4 banks have received a lot of attention over the past couple of years.  While Australia’s largest banks have always been popular investments, their strong performance over the past few years has cast them in the spotlight.  In particular, the valuation of Commonwealth Bank of Australia (ASX: CBA) is

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Banking

Dave Yost joins state AGs backing cannabis-banking bill

Currently, 40 states and the District of Columbia have medical marijuana programs, according to the National Conference of State Legislatures, and 24 of those (plus Washington, D.C.) allow for some type of adult-use or recreational sales.  In Ohio, state-licensed medical marijuana sales began in January 2019. Adult-use commenced in the state in August 2024 following

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Banking

Investment Banking Surge in the GCC: From Oil to Assets

Corporate and investment banking revenues in the Gulf are burgeoning as lenders underwrite the region’s economic transformation. Lenders like what they are hearing from Gulf region businesses. Corporate and investment banking (CIB), which already accounted for more than half of total banking revenues in the Gulf Cooperation Council (GCC), is expanding at an annual rate

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Banking

Cadence Bank Earns Four 2025 Coalition Greenwich Best Bank Awards for Middle Market and Small Business Banking Performance

The awards highlight the bank’s commitment to middle market and small business clients, as well as personalized relationship banking  HOUSTON and TUPELO, Miss., July 28, 2025 /PRNewswire/ — Cadence Bank (NYSE: CADE) is proud to announce it has earned four prestigious Coalition Greenwich Best Bank Awards, recognizing the bank’s outstanding performance in and commitment to delivering

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Banking

Banking compliance in an era of digital innovation

By BERNARD BEMPONG  The regulatory landscape in banking is becoming increasingly complex with financial institutions facing ever-evolving compliance requirements amidst rapid technological innovation. Regulatory compliance involves adhering to laws, regulations, guidelines or directives which are designed to protect consumers, promote market integrity and prevent financial crimes. Non-compliance can result in penalties, reputational damage and operational

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Banking

Reserve Bank of India governor rules out issuance of banking licences to corporates

The Reserve Bank of India (RBI) governor Sanjay Malhotra has ruled out granting banking licences to corporate entities or their non-banking financial companies, citing an inherent conflict of interest that could endanger public deposits. Malhotra clarified that no proposals are under consideration to allow corporates into banking, emphasising the importance of separating banking operations from

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Banking

10x Banking strengthens leadership team with new CRO and SVP APAC –

10x Banking has appointed Tom Bentley as its new Executive Board member and Chief Revenue Officer (CRO), who will also join the executive board. He fills the role vacated by Matt Mills, who left in January 2025. Bentley will lead the company’s global growth strategy worldwide. His appointment follows a year of successful growth. The

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Banking

UZCARD accelerates Open Banking development in Uzbekistan, fueling Fintech innovation

Open Banking enables individuals to freely access and share their financial data across various financial institutions through open Application Programming Interfaces (APIs). This facilitates third-party financial service providers in crafting customized services that consolidate information from diverse institutions into one accessible platform. Supported by comprehensive nationwide infrastructure and adherence to strict personal data protection regulations,

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