May 11, 2025

Financial Services

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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Loans

USDA loans support Montana’s new farmers and ranchers | Montana News

BOZEMAN, MT – If you’re a new farmer or rancher in Montana and struggling to get a loan, the U.S. Department of Agriculture Farm Service Agency has some options for you. They’re offering farm ownership and operating loans specifically for folks who can’t get commercial credit from banks. Lance Wasson, FSA Acting State Executive Director

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Banking

ADCB rated the strongest banking brand in the UAE for the 2nd consecutive year

Abu Dhabi: Abu Dhabi Commercial Bank (ADCB) has seen the value of its brand surge to AED 12.3 billion, a 17% increase from the previous year, according to Brand Finance Journal’s latest Top 500 Banking Brands report. As a result, ADCB has advanced seven places in the global banking brand value rankings to the 102nd

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Banking

Mediterranean Bank selects Finastra’s core banking solution to transform customer experiences and drive sustainable growth in Libya

With Finastra Essence, the bank will fast-track its digital transformation strategy and offer a comprehensive range of innovative retail and corporate banking services Dubai, United Arab Emirates – Finastra, a global provider of financial software applications, today announced that Mediterranean Bank, a provider of retail and corporate banking services in Libya, has selected its core

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Banking

Robinhood Expands Into Banking, Will Offer Customers 4% Savings APY And Cash Home Delivery

Robinhood Markets Inc. (NASDAQ:HOOD) is transforming its business model by launching an integrated suite of financial services designed to attract retail investors seeking more sophisticated private banking and investment solutions. What Happened: The company introduced Robinhood Banking, a comprehensive offering that provides checking and savings accounts with a competitive 4% annual percentage yield and Federal

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Banking

NBK unveils a suite of new features and enhancements for its mobile banking app

Al Dakhil: The continuous rollout of new enhancements and services underscores NBK’s deep understanding of customer aspirations Our innovative solutions showcase our digital leadership, consistently exceeding customer expectations In line with its commitment to advancing digital banking, National Bank of Kuwait (NBK) is continuously enhancing its NBK Mobile Banking App by introducing innovative features and

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Banking

Abu Dhabi’s banking sector drives economic growth and investment prospects in The Report: Abu Dhabi 2025

Abu Dhabi: The role of Abu Dhabi’s banking sector in strengthening the emirate’s global economic position will be explored in depth in The Report: Abu Dhabi 2025, following a Memorandum of Understanding (MoU) signed between Oxford Business Group (OBG) and the UAE Banks Federation (UBF). The collaboration aims to provide key insights into Abu Dhabi’s

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