Stay informed with free updates Simply sign up to the UK banks myFT Digest — delivered directly to your inbox. The Bank of England has announced a one-year delay to key provisions in post-financial crisis banking reforms as part of a raft of changes designed to ease capital requirements for UK lenders. The central bank
With an outstanding track record in strategic consulting, technology, and banking innovation, Walter Rizzi joins as Country Manager for Digital Banks at BBVA Italy, reporting directly to Murat Kalkan, Global Head of the unit. His appointment marks a major step forward in BBVA’s European expansion strategy, with the aim of better addressing the specific needs
An RBNZ report said the ageing population will likely force changes in the financial system. (File photo) Photo: Unsplash/ Towfiqu Barbhuiya Ageing population likely to force changes in financial system – RBNZ report Change saving, investment behaviours such as less borrowing and higher saving Could put downward pressure on interest rates, change where banks source
IIFL Securities has articulated a preference for State Bank of India (SBI) over Bank of Baroda (BOB), driven by expectations of a reversal in recent profitability trends. Despite BOB’s higher average Return on Assets (ROA) over the past three years, the brokerage expects this to change due to inferior margin trajectory and rising credit costs
In a world increasingly defined by digital convenience and shifting consumer behaviors, the thrift banking industry finds itself at a pivotal crossroad. The sector, long known for its deep community roots and customer-centric approach, is now stepping boldly into a hybrid future that merges traditional brick-and-mortar service with cutting-edge digital platforms. This year’s theme for
PETALING JAYA: Kenanga Research believes the banking sector is fundamentally at a bargain level, as the share prices of the banking stocks are reflecting return on equities commensurating with a loan growth for the system of 3.4% – which was essentially levels seen during Covid-19. “This, thus, gives us confidence that the banks are undervalued.
A Wake County woman nearly had thousands of dollars stolen after someone altered a check. Jane O’Connor and her husband noticed their checking account reflected a payment to a person they didn’t know for more than $4,000. “Of course, I’m racking my brain thinking, why would I have written a check to someone for $4,000?”
Image source: Getty Images The ASX 200 Financials (ASX: XFJ) sector accounts for around 30% of the S&P/ASX 200 Index (ASX: XJO) and is largely made up of Australia’s ‘Big Four’ banks – Commonwealth Bank of Australia (ASX: CBA), Westpac Banking Corp (ASX: WBC), National Australia Bank Ltd (ASX: NAB) and ANZ Group Holdings Ltd
By Prof. Samuel Lartey In a bold and strategic move, the Government of Ghana has infused GH₵1.4 billion, comprising cash and bonds into the National Investment Bank (NIB), one of the country’s oldest state-owned financial institutions. This capital injection is not only a crucial step in resuscitating a struggling bank but also a major milestone
Photo: There are concerns a class action lawsuit against two of our biggest banks will be undermined by a law change going through Parliament. The government introduced a bill to amend the Credit Contracts and Consumer Finance Act at the end of March. Among the changes – the redress for customers if banks or creditors