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Banking & Finance News Monitoring

  • Published on Apr 30, 2025

    CCI quashes antitrust case against J&K Bank

    The Competition Commission of India (CCI) on Wednesday dismissed a complaint filed against Jammu and Kashmir Bank for allegedly abusing its dominant position by entering into anti-competitive agreements with various entities.  The CCI order said that there …

    Source: Financial Express - Neutral
  • Published on Apr 30, 2025

    Citizens Financial names new president; CFO taking job at...

    PROVIDENCE – Citizens Financial Group Inc., the Rhode Island-based parent company for Citizens Bank, has appointed a new president and disclosed that its longtime chief financial officer is leaving the company. Citizens executive Brendan Coughlin, who has …

    Source: Providence Business News - Rhode Island - Neutral
  • Published on Apr 30, 2025

    Earnings Preview: Broadridge Financial Soln

    Broadridge Financial Soln BR will release its quarterly earnings report on Thursday, 2025-05-01. Here's a brief overview for investors ahead of the announcement. Analysts anticipate Broadridge Financial Soln to report an earnings per share (EPS) of $2. …

    Source: Benzinga - Neutral
  • Published on Apr 30, 2025

    Sumitomo Mitsui resolves ATM, online banking outages in western Japan

    SMBC logo. (Mainichi) TOKYO (Kyodo) -- Sumitomo Mitsui Banking Corp. said late Tuesday night a system outage that disrupted automated teller machines at many branches in western Japan and some internet transactions earlier in the day has been resolved. The …

    Source: The Mainichi - Neutral
  • Published on Apr 30, 2025

    Turkish central bank chief vows steady hand with focus on inflation

    Governor Fatih Karahan pledged on Wednesday that the Central Bank of the Republic of Türkiye (CBRT) would maintain a firm stance on monetary policy and deploy all available tools within market principles to ensure the effective functioning of financial …

    Source: Sabah - Pending
  • Published on Apr 30, 2025

    KfW to finance new Stockholm airport fleet

    Seven new EMUs will be ordered for Arlanda Express service. The existing Arlanda Express fleet was supplied by Alstom in 1999. A banking consortium led by KfW IPEX-Bank of Germany will provide SKr 728m ($US 75.3m) to finance a new fleet of EMUs for the …

    Source: International Railway Journal - Neutral
  • Published on Apr 30, 2025

    Regulators must make India’s financial system climate-proof

    Regulators across financial markets in the world, including the Reserve Bank of India (RBI), acknowledge that climate-related financial risk is a potential threat to stability. Hence, all financial regulators have a clear interest -- in some cases, even an …

    Source: Hindustan Times - Indeterminate
  • Published on Apr 30, 2025

    Are Hybrid Bank Accounts Worth It?

    Hybrid bank accounts are flexible, offering the convenience of a checking account and the earning power of a savings account.… Hybrid bank accounts are flexible, offering the convenience of a checking account and the earning power of a savings account. You …

    Source: WTOP - District Columbia - Neutral
  • Published on Apr 30, 2025

    PMC Bank scam: Chargesheet reveals shocking details in multi-thousand crore fraud

    A chargesheet filed by the Economic Offences Wing of Mumbai Police and forensic auditor Grant Thornton's report has unveiled the deep-rooted and meticulously planned conspiracy behind the fraud in the Punjab and Maharashtra Co-operative (PMC) Bank scam …

    Source: India Today - Neutral
  • Published on Apr 30, 2025

    AVIEL Intelligence secures £350K Pre-Seed to combat UK’s surge in financial scams

    AVIEL Intelligence, a UK-based startup founded by former Google employees and cybersecurity experts, has emerged from stealth mode with a £350,000 Pre-Seed. The investment round is led by Fuel Ventures. Additional backing comes from Cambridge Angels and a …

    Source: Tech.eu - Pending
  • Published on Apr 30, 2025

    GIC Housing Finance Slashes Home Loan Interest Rates for All Borrowers!

    GIC Housing Finance has announced a 15 basis points (0.15%) reduction in its benchmark prime lending rate (BPLR). This update will benefit both existing and new home loan borrowers, effective from May 1, 2025. This reduction applies to home loan customers …

    Source: Free Press Journal - Neutral
  • Published on Apr 30, 2025

    Europe's major banks signal caution as ominous outlook tempers profit wins

    By Sinead Cruise and Tommy Reggiori Wilkes LONDON (Reuters) -Big European lenders are retaining ambitious performance targets after bumper first-quarter profits this week, but beyond the upbeat headline numbers, bank bosses are contemplating a welter of …

    Source: Yahoo Finance - Pending
  • Published on Apr 30, 2025

    BPC Releases Practical White Paper Guiding Banks Through the Challenges of ISO 20022 Migration

    BPC, a global leader in payment solutions, today announced the launch of its latest white paper, ISO 20022 Migration 101: Steps and Strategies for Banks. The white paper provides a comprehensive guide to navigating one of the most critical transitions in …

    Source: Financial IT - Neutral
  • Published on Apr 30, 2025

    RS2 Unveils AI-Powered Orchestration Layer to Modernize Bank Legacy Systems

    Global payments orchestrator and technology provider, RS2, has unveiled an AI-powered orchestration layer that provides banks with a risk-free path to modernizing legacy systems—without disrupting daily operations. The announcement follows RS2’s latest …

    Source: Financial IT - Neutral
  • Published on Apr 30, 2025

    Who represents Latin America’s biggest banks 2024: the full list 

    Every year, LACCA investigates which law firms provide counsel to the largest banks in Latin America, ranked by their assets. This year, we’ve expanded the research to showcase the top 100 financial institutions and their preferred external legal advisers …

    Source: Latin Lawyer - Pending
  • Published on Apr 30, 2025

    Which firms are leading in the financial sector?  

    As part of LACCA’s latest research into Who represents Latin America’s biggest banks?, we examine which firms proved the most popular with the region’s leading financial institutions in 2024.  Subscribe to unlock unlimited access Get news, unique …

    Source: Latin Lawyer - Pending
  • Published on Apr 30, 2025

    DWP could pull cash out of bank accounts after new 'crackdown' laws

    Fraudsters need to be the most worried about this new law (Image: skynesher via Getty Images) The Department for Work and Pensions (DWP) is one step closer to being able to carry out "biggest ever crackdown on fraud against the public purse". New …

    Source: Daily Express - Right-wing
  • Published on Apr 30, 2025

    The UK seaside town with no banks where locals told ‘don’t use cash’

    A local business owner has spoken of how she has had to urge customers not to use cash after all banks disappeared from her town. Monica Hardman, the owner of Shoreham Knitting and Needlecraft in Shoreham, West Sussex, that all branches had now gone, and …

    Source: Daily Express - Right-wing
  • Published on Apr 30, 2025

    SBI To Enhance Banking Infrastructure In 26…

    New Delhi, Apr 30 (KNN) The State Bank of India (SBI) on Tuesday signed a Memorandum of Understanding (MoU) with the Land Ports Authority of India (LPAI) to enhance banking infrastructure across 26 land ports situated along India’s borders with Nepal, …

    Source: Knowledge & News Network - Neutral

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