Philippines Cuts Banks’ Reserve Ratio
The Central Bank of the Philippines decided to reduce the level of the norm on the availability of mandatory reserves for financial institutions at the end of the month.
Finance & Economics - page 70
NatWest and Edinburgh University Launch New Innovation Centre
NatWest Group and the University of Edinburgh are jointly implementing a project aimed at implementing efforts to create a Center for Purpose-Driven Innovation in Banking.
FTC Returns $392 Million to Consumers After Law Enforcement Actions
In the United States, the Federal Trade Commission (FTC) last year returned $392 million to citizens after a refund made possible as a result of the actions of law enforcement officers.
Lucinity Incorporates Generative AI Into Financial Crime Compliance Tool
Lucinity has launched a generative AI-powered tool for financial crime compliance teams
IQ Capital Raises $400 Million for Deep Tech AI Firms
Venture capital company IQ Capital announced the attraction of investment funds for $400 million to provide financial support to startups that operate in the field of artificial intelligence and robotics.
European Tech Startup Funding to Drop 39%: Forecast & Implications
European tech startups are witnessing another tough year, the funding is steadily falling, largely due to a retreat from US investors
Apple Sets for Record High Ahead of Mixed-Reality Headset Launch
The value of Apple shares on Monday trading shows record high values on the eve of one of the most significant events in the history of the company associated with the launch of new technological generation products.
UBS to Complete Credit Suisse Takeover by June 12
UBS expects to finalize its takeover of Credit Suisse as early as June 12, emerging from this rescue deal as a giant Swiss bank with a balance sheet of $1.6 trillion
US Passes Bill to Avoid Default: What to Expect?
The US House finalized a bill to suspend the debt ceiling on Wednesday, just days left before the country was expected to default. What comes next for the national debt and financial markets?
UK Neobank Monzo Records First Monthly Profits
British neobank Monzo said that it managed to achieve profitability.
Wells Fargo Reportedly Works With Borrowers as Office Sector Struggles
The media reports that Wells Fargo management expects that the activities of this financial institution in the field of real estate lending will have a negative result in the form of losses.
Decoding The Rise Of Forex White Label Solution?
With the rise in the forex industry and online trading, there is also a need for brokers that offer trader-centric brokerage solutions. As such, brokers are now providing white label solutions to streamline trading in the forex and other financial markets.
Risk Mitigation Strategies Using Professional Bookkeepers
Good financial management is essential to the success of any business. But even with incredible organizational skills and determination, it can be a challenge for small business owners to stay on top of all these tasks effectively. Luckily, there is help available in the form of professional Certified Bookkeepers (CBs) who can bring their expertise […]
SEC Hits Former Wells Fargo Community Bank Lead With $3 Million Fine
In the United States, the Securities and Exchange Commission on Tuesday, May 30, announced an agreement with the former head of the Community Bank Wells Fargo & Co. Carrie L. Tolstedt.
Smart Investing at Your Fingertips: What to Look for in a Good Investing App
Saving, saving, saving. What a painful process indeed. Painful and endless to say the least. There are super-duper important reasons to be saving, and many reasons why it is hard to do so! It’s very vital that you manage your income and expenses and find ways to start saving more money for the future. This […]
UAE and Hong Kong Strengthen Financial Cooperation
The Central Banks of the United Arab Emirates (UAE) and Hong Kong held a bilateral meeting to enhance collaboration between the two financial services sectors, including cooperation on virtual asset regulations
Finance & Economics
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