2 Customers and depositors take a significant percentage of funds out of their accounts. The probability of a systemic banking crisis is growing in Russia, experts of the analytical center CMACP, which is close to the authorities, have warned. By such a crisis they mean that at least one of three conditions is met: the
There has been a significant rise in extortion, email, and text scams (phishing) targeting banking customers, resulting in considerable financial and emotional distress for thousands in recent months. The growing sophistication of these schemes, with fraudsters continually adapting their tactics to deceive individuals into sharing sensitive information. In some cases, victims are even coerced into transferring
BBVA, the largest financial group in Mexico, has announced a historic investment of 100 billion pesos (US $5.1 billion) for the next six years. The announcement was made by BBVA Mexico’s Vice President and CEO Eduardo Osuna during the bank’s National Meeting of Regional Councillors (RNCR) which brought together businesspeople, clients and investors. In making
National Committee for Religious Freedom chairman Sam Brownback says he is ‘pleased’ to see the positive step towards ensuring fiscal freedom on ‘The Bottom Line.’ JPMorgan Chase is aiming to cater to more affluent Americans through new branches that offer a higher level of service. The locations, known as J.P. Morgan Financial Centers, are the bank’s
Darts sensation Luke Littler is on a trajectory that could cement him as one of the sport’s richest stars, yet the 18-year-old has always had a fairly restrained approach when it comes to spending Luke Littler has opened up on his spending habits since bursting onto the darts scene(Image: SkySports) Luke Littler may be worth
Image source: Getty Images When you think about long-term wealth building, bank stocks don’t always get the spotlight. But over time, few sectors have delivered the kind of steady returns and reliable dividends that Canadian banks have. One bank in particular stands out right now for investors with a long time horizon: Canadian Imperial Bank
Understanding the fundamental concepts of banking is crucial for cracking the SBI CBO (Circle Based Officer) 2025 exam. This exam tests your knowledge of core banking operations, financial awareness, and the regulatory environment. To clear the SBI CBO 2025 exam, a clear understanding of banking basics is a must. Make sure you revise important concepts
The number of unique internet banking users has increased by only 18% between March 2019 and September 2021, according to the Reserve Bank of India’s Payment Vision 2025 document. This cohort constitutes a very small percentage of over 26 crore digital payment transactions that are processed every day by our burgeoning digital payment ecosystem, of
JAKARTA: Indonesia is rolling out a slew of stimulus measures to get its people to spend more in the next two months, but these may not be enough to revive sluggish domestic consumption and lift economic growth, analysts say. Instead, broader moves are needed to help the country’s dwindling middle class and protect businesses from
When building a long-term portfolio in Canada, few names offer the same combination of strength, consistency, and income as the Bank of Montreal (TSX:BMO). Known on the TSX as BMO, this banking powerhouse has stood the test of time, weathering everything from financial crises to pandemics. That kind of stability is exactly what many investors