NEWYou can now listen to Fox News articles! AI chatbots are quickly becoming the primary way people interact with the internet. Instead of browsing through a list of links, you can now get direct answers to your questions. However, these tools often provide information that is completely inaccurate, and in the context of security, that
The modern bank branch is not a museum piece. It is a platform. And in the hands of forward-thinking leaders, it is ready to lead the next era of the banking industry’s evolution.Adobe Stock In the race to digitize banking, too many institutions have been quick to dismiss the retail branch as obsolete. It is
Dakota, a crypto-integrated banking platform for businesses, has raised $12.5 million in a Series A round to expand its borderless banking services, the firm said on Tuesday. The investment was led by CoinFund, with participation from 6th Man Ventures and Triton Ventures. The announcement comes at a time when stablecoins, or cryptocurrencies tied to an
JPMorgan Chase’s Wall Street units posted robust growth in the second quarter as chief executive Jamie Dimon said the US economy remains “resilient” despite the risks posed by Donald Trump’s tariffs and the country’s worsening fiscal outlook. The biggest US bank by assets said on Tuesday that trading revenues jumped 15 per cent from the year
Citigroup reported second-quarter results on Tuesday that topped analyst expectations after a three-month period that saw the bank’s stock dramatically outperform the market. Citigroup’s net income of $4.02 billion climbed 25% from the same quarter last year. Here’s how the bank’s results compared to Wall Street expectations: Earnings: $1.96 per share vs $1.60 per estimate
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A global climate alliance of top banks is at risk of losing key European members after lenders refused to commit to remaining in the group, further weakening its position after an exodus of Wall Street
The Prudential Regulation Authority has eased liquidity rules for mid-sized banks, in a move designed to “make it easier for mid-sized banks to scale up in the mortgage market”. The Bank of England body, amid a series of papers today, has raised the threshold at which smaller banks have to hold emergency funding that would
Banking sector deposits increased by 14.1 percent year-on-year (YoY) in June 2025, according to the latest data from the State Bank of Pakistan. Banking deposits increased to Rs. 35.5 trillion as of June 2025 (June 2024: Rs. 31.1 trillion), while advances also increased by 8.7 percent YoY to Rs. 13.5 trillion during the same period
It was a Monday morning when Sneha, a business owner, tapped her phone to check her bank statement. It wasn’t just a balance she saw—her bank app greeted her with a predictive cash flow estimate, alerts about a possible loan top-up, and a carbon footprint dashboard showing the climate impact of her latest business
Image source: Getty Images Every investor loves a good value stock — something solid, reliable and trading for less than it’s probably worth. That’s what I thought I was getting when I added Lloyds Banking Group (LSE: LLOY) to my Self-Invested Personal Pension back in June 2023. Back then, the shares traded at 45p. The price-to-earnings ratio