Banking

The International Monetary Fund (IMF) now estimates that Bangladesh would need $35 billion to rebuild its crisis-ridden banking sector, almost double its initial projection, Finance Adviser Salehuddin Ahmed revealed today (26 July). “The IMF earlier estimated the requirement at $18 billion. But after seeing the true extent of the crisis, they revised it to $35

In a significant move to address the banking barriers faced by the cannabis industry, Arizona Attorney General Mayes joined a bipartisan group of attorneys general in advocating for the SAFER Banking Act of 2025. This legislation aims to bridge the gap between state-regulated cannabis businesses and the financial institutions reluctant to serve them due to

YUMA, Ariz. (KYMA, KECY) – Cannabis is legal in Arizona, but many dispensaries still operate fully in cash. Some locals I spoke with say this not only creates safety concerns, its simply inconvenient. At dispensaries across Arizona, cash is often the only way to pay. Not by choice, but by necessity. Rizzo Martinez uses marijuana to

SINGAPORE – The rapidly evolving technology of generative artificial intelligence or Gen AI is unlikely to eliminate many banking jobs, but the nature of them will change. The forecast comes from Mr Michael Abbott, global banking lead at consulting firm Accenture, who noted: “Banking is still going to be about relationships, trust and deposits. “Gen

Gemini co-founder Tyler Winklevoss has called out JPMorgan over its treatment of his crypto exchange. Winklevoss accused the largest U.S. bank of refusing to re-onboard the exchange after he criticized them last week over their involvement in Operation Chokepoint 2.0. JPMorgan Holds Off On Re-Onboarding Gemini In an X post, Winklevoss revealed that the U.S.