May 12, 2025

Banking

Banking

Banking on learning | News, Sports, Jobs

Staff photos / Dan Pompili PNC Bank Youngstown Regional President Ted Schmidt and Alta Care Group CEO Joe Shorokey, center, hold the ribbon while preschool students at Alta Head Start McCartney Learning Center cut it with safety scissors at a grand opening event Wednesday. YOUNGSTOWN — Children at a local preschool will have a fun

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Banking

Parliament amends banking laws to allow 4 nominees – Banking & Finance News

Parliament approved the Banking Laws (Amendment) Bill to allow account holders to have up to four nominees and enhance investor protection, with the Rajya Sabha giving its nod to it on Wednesday. The Lok Sabha passed the Bill on December 3 last year. The Bill aims to strengthen governance in the Indian banking sector, besides

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Banking

11 Best Checking Accounts for March 2025

Our Nerds say: “The best checking accounts are designed to be used for all of your regular purchases and transactions, so make sure to pick one that has all of the features that matter to you. “If you need a flexible overdraft program, pick a bank that has low or no overdraft fees or a

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Banking

Bessent opens door to Russian return to major international banking system

The Biden administration helped lead the push to remove some of Russia’s largest banks from SWIFT, an international system that allows financial institutions from all over the world to communicate transaction information, shortly after the country invaded Ukraine in early 2022. Russia has pushed for one of its top banks, Rosselkhozbank, to be reconnected to

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Banking

N.C. credit unions seek to expand into ‘banking deserts’

The North Carolina House of Representatives this week passed a measure that would allow credit unions to expand into markets underserved by banks./nd700 – stock.adobe.com Credit unions in North Carolina are campaigning to change state law so they can increase services in so-called “banking deserts” — often rural markets where traditional financial services are sparse.

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Banking

Yield-bearing stablecoins could kill banking — US Senator Gillibrand

Stablecoin issuers should be restricted from providing yield-bearing opportunities to protect the legacy banking system, which issues home mortgages and small business loans, US Senator Kirsten Gillibrand said at a summit in Washington, DC. Speaking at the 2025 DC Blockchain Summit on March 26, the Democratic senator from New York praised her state for having

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Banking

Banking Bill allowing 4 nominees gets RS nod; needs deeper scrutiny: Opposition | India News

Amid concerns by Opposition members on proposed amendments, Parliament Wednesday passed the Banking Laws (Amendment) Bill, 2024, which allows bank account holders to have up to four nominees. Lok Sabha had passed the Banking Laws (Amendment) Bill in December 2024. Replying to a debate on the Bill in Rajya Sabha, Finance Minister Nirmala Sitharaman said

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Banking

Barclays layoffs to cut 78 jobs in North Jersey at banking giant

2-minute read Filing for New Jersey unemployment guide Step-by-step guide to navigating New Jersey’s unemployment filing process online. Megan Fernandes and Katie Sobko, NorthJersey.com Barclays indicated that the layoffs this summer were being done to “align staffing to current and expected business needs.” In 2024, the British banking firm laid off 70 people in Whippany,

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Banking

Banking, autos drive GT Capital profit

TY-LED GT Capital Holdings, Inc. reported a consolidated net income of P28.8 billion in 2024, down 1.7 percent from P29.3 billion in 2023, due to the absence of non-recurring gains recorded last year. Excluding non-recurring gains, core net income rose 11 percent year on year, largely driven by record earnings generated by its banking and

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