Listen to article Robinhood is stepping up its game in the financial services space, rolling out wealth management and private banking offerings aimed at retail investors with smaller portfolios. The move signals the trading platform’s ambition to shape user financial behavior beyond trading, offering tools traditionally reserved for high-net-worth clients. The company on Wednesday unveiled ‘Robinhood Strategies’, a
For International Women’s Month, EastWest Bank is celebrating its 5,000-strong female workforce Retaining employees is not a simple feat nowadays, especially after the post-pandemic “Great Resignation” trend snowballed across the globe. In fact, according to the 2025 Employee Sentiment Study of global professional services firm Aon, almost two-thirds of Philippine respondents were in the process
LLM and AI in banking. AI, especially large language models (LLMs), is evolving at a breakneck pace, leaving banks both excited and overwhelmed. The technology is advancing so quickly that by the time a new system is implemented, it can already feel outdated. But one thing is certain: standing still isn’t an option. We have
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
The Rajya Sabha on Wednesday passed the Banking Laws (Amendment) Bill 2024, which allows account holders to have up to four nominees and grants more freedom to lenders to decide on remuneration of its auditors. The Lok Sabha had passed the bill in December last year. Banking bill cleared in RS through voice vote Replying
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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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
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.
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