August 18, 2025

Banking

Banking

Banking sector Q1 preview: Margins to remain under pressure in 1HFY26, says MOSL; likes ICICI, HDFC, SBI

Motilal Oswal Financial Services (MOSL) has released its latest sector update for the Indian banking space, projecting a cautious yet optimistic outlook for FY26. The brokerage anticipates systemic credit growth to revive in the second half of the fiscal and has identified ICICI Bank, HDFC Bank, and State Bank of India (SBI) as its top

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Banking

British banking chiefs take a leaf from Elon Musk’s DOGE

Friday 04 July 2025 6:00 am  |  Updated:  Thursday 03 July 2025 4:59 pm Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email The chiefs of British banks are following Elon Musk’s playbook. The chiefs of the UK’s Big Four banks are taking a

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Banking

Embedding international standards into Vietnam’s financial and banking workforce

On July 3 in Hanoi, an awards ceremony for the trainees was held through the collaboration of ACCA (the Association of Chartered Certified Accountants), the Centre of Science Research and Training of the State Audit Office of Vietnam (SAV), and Agribank’s Training School. The ceremony, attended by experts and trainees from all three institutions, was

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Banking

Digital banking pilot project delayed

ISLAMABAD: The National Assembly Standing Committee on Poverty Alleviation and Social Safety has called for urgent reforms to ensure Pakistan’s social protection system transitions to a fully transparent, technology-driven model with minimal human intervention. Chairing the 10th session of the Committee at Parliament House, Mir Ghulam Ali Talpur emphasised the original intent behind income support

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Banking

AEON Credit valuations to hinge on banking arm

PETALING JAYA: Aeon Credit Service (M) Bhd’s valuations will likely be driven by the performance of its loss making subsidiary, AEON Bank (M) Bhd, which is Malaysia’s first Islamic digital bank. AEON Credit’s management expects the bank to only post a profit in financial year 2029 (FY29) and to run losses till then due to

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Banking

Anduril CEO Palmer Luckey’s new digital banking startup set to be valued at $2 billion, sources say

Palmer Luckey, founder of Oculus, Anduril Industries, and Erebor speaks during The Wall Street Journal’s WSJ Tech Live conference in Laguna Beach, California on October 16, 2023.Getty Images/Patrick T. Fallon Anduril CEO Palmer Luckey founded Erebor, a digital bank for startups and cryptocurrency companies. Erebor is raising at least $225 million at a $2 billion

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Banking

Palmer Luckey’s New Digital Bank Is Raising at a $2 Billion Valuation

Anduril cofounder and CEO Palmer Luckey is launching another startup with a “Lord of the Rings”-inspired name. It already has a hefty price tag. Erebor, a digital bank aimed at startups and cryptocurrency companies, which might sound a little like the infamous Silicon Valley Bank, is raising at least $225 million at a $2 billion

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Banking

UnionBank Private Banking clinches top honors in wealth and legacy planning from Global Private Banker

UNIONBANK Private Banking has once again earned global acclaim, receiving top honors at the Global Private Banker Innovation Awards 2025. It was named Best Private Bank for Succession Planning — Philippines, awarded Excellence in Intergenerational Services — Private Bank, and Highly Acclaimed for Best Private Bank for Client Experience. The Global Private Banker Innovation Awards

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Banking

Can XRP price extend recovery to $2.65 as Ripple expands stablecoin infrastructure?

XRP continues its recovery after breaking the 100-day EMA hurdle amid market-wide bullish sentiment. Ripple applies for a national banking charter with the US OCC to advance compliant stablecoin and cross-border payments. Interest in XRP surges as Open Interest increases to $4.47 billion, alongside a rise in volume to $7.31 billion. Ripple’s (XRP) price advances

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Banking

French B2B fintech Qonto reaches 600,000 customers, files for banking license

“Is Qonto a real bank?” is one of the top suggested questions in Google searches about the French fintech startup. The answer is no, but it could change: Qonto has filed for a banking license in France, CEO Alexandre Prot revealed. Qonto, which targets European freelancers and SMBs, currently operates with a payment institution license

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