June 24, 2025

Financial Services

Loans

PCC: Federal loans no longer offered starting in fall | Local News

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Banking

Republicans forced to axe some environmental, banking provisions in Trump’s bill | National

(The Center Square) – Senate Republicans are itching to finalize and pass their version of the House-passed One Big Beautiful Bill Act, but a new ruling from the Senate parliamentarian requires them to nix some wish list items. Because Republicans are using the budget reconciliation process to fast-track the multitrillion-dollar policy bill, their proposals need

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Finance

Jefferies picks Muthoot Finance as ‘preferred’ gold finance pick, sets Rs 2,660 target price – Market News

The Muthoot Finance share price has been in the limelight after the RBI‘s final gold loan norms relaxed some of the tighter norms proposed in the draft. The stock ended the session with nearly 4% gains. The stock is Jefferies preferred pick in this space. The international brokerage house has a price target of Rs

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Banking

Altimetrik Named a Major Contender in Everest Group’s Banking and Financial Services IT Services Specialists PEAK Matrix® Assessment

Recognition underscores Altimetrik’s digital business approach in the banking and financial services sector DETROIT, June 03, 2025–(BUSINESS WIRE)–Altimetrik, a pure-play digital business company, has been recognized as a “Major Contender” in Everest Group’s inaugural Banking and Financial Services (BFS) IT Services Specialists PEAK Matrix® Assessment 2025. Altimetrik’s Digital Business Methodology (DBM) and AI-first solutions have

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Finance

Nayla Finance secures Sharia Certification for Micro-Financing platform

Saudi-based Nayla Finance has announced that its micro-financing solutions platform has received Sharia certification from the Shariyah Review Bureau (SRB), a leading Sharia advisory firm licensed by the Central Bank of Bahrain. This marks a key milestone in Nayla’s mission to empower small and medium-sized enterprises (SMEs) in the Kingdom by offering ethical and Sharia-compliant

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Finance

National Finance honoured with ‘Best Work Culture of the Year’ title at Oman Career Fair 2025

Muscat: In recognition of its exceptional efforts in fostering a dynamic and employee-centric work environment, National Finance, the Sultanate of Oman’s leading finance company, was awarded the prestigious ‘Best Work Culture of the Year’ accolade at the 2nd edition of the Oman Career Fair.  Ms. Marwa Al Kharusi, Chief People Officer – General Manager at

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Banking

Emirates NBD partners with Appro to revolutionise retail banking onboarding

Integrating Appro into Emirates NBD’s processes will deliver significant gains in efficiency and customer experience Title of your email Dubai, United Arab Emirates – Emirates NBD, a leading banking group in the MENAT region, today announced a partnership with Appro, a fintech platform launched by SC Ventures, to significantly enhance its retail banking onboarding process,

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Banking

Southern African Banking Forum 2025: Strengthening connections for growth

Ebene – The Southern African Banking Forum, organised by the Trade and Development Bank Group (TDB Group) and the European Investment Bank (EIB) closed today in Mauritius, following two days of successful deliberations on the evolving opportunities, challenges and practical dynamics of the banking sector in Southern Africa. Building on the success of previous editions, and

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Funds

‘I really do not need the funds.’ I’m 72 and facing RMDs in mere months, but I don’t need the money or want the taxes. What’s my move?

Question: “I will turn 73 in June and I don’t know when I should take my first RMD. I really do not need the funds and would like to move them from the present 401(k) account and open a Roth account. My concern is that I’m not sure what my options are to pay the

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Banking

GCC corporate, investment banking revenues rise to $65bln

Corporate and investment banking (CIB) revenues across the Gulf Cooperation Council (GCC) region have expanded to more than $50 billion over the last few years. Between 2021 and 2024, revenues surged by around 14% annually, more than double the region’s historical CAGR of around 6%, bringing total CIB revenues to between $55 billion and $65

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