PRESS RELEASE | APRIL 1, 2024 FDIC Appoints E. Marshall Gentry as Deputy to the Chairman and Chief Financial Officer WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) Board of Directors has approved the selection of E....
China’s big bet on manufacturing helped to counteract its housing slowdown in the first three months of the year, but other countries are worried about a flood of Chinese goods.
Speech At “Frameworks for Monetary Policy, Regulation, and Bank Capital” Spring 2024 Meeting of the Shadow Open Market Committee, hosted by the Manhattan Institute, New York, New York
Michael Santomassimo, Wells Fargo CFO, joins 'Money Movers' to discuss why there isn't a higher forecast for net interest income, how the company is looking at commercial real estate, and more.
It is “Take Your Child to Work Day” next Thursday which, if you work from home, is probably like a day off from school for the tyke. (I won’t be bringing my son Robbie to work, who, as I write this, is pedaling from Chicago to New York...
Netherlands-based Engagement Banking Platforms provider Backbase has entered a strategic partnership with EverBank to improve commercial and treasury solutions.
Michael Santomassimo, Wells Fargo CFO, joins 'Money Movers' to discuss why there isn't a higher forecast for net interest income, how the company is looking at commercial real estate, and more.
ACI Worldwide has revealed striking new data proving instant payments will boost the financial prospects of young adults in the EU. New research from the Centre for Economics and Business... read more The post Instant payments...
PRESS RELEASE | APRIL 16, 2024 PRINCIPALS OF U.S., EUROPEAN BANKING UNION, AND U.K. FINANCIAL AUTHORITIES MEET FOR REGULAR COORDINATION EXERCISE ON CROSS-BORDER RESOLUTION PLANNING WASHINGTON – The heads of resolution, regulatory and...
Al Etihad Payments , a subsidiary of the Central Bank of the UAE, has chosen Fime to support the establishment of the UAE's domestic card payment scheme, known as Jaywan.
Goldman CEO David Solomon has taken his lumps in the past year, but a turnaround appears to be underway, fueled by a rebound in Wall Street activities.
Nicola Willis, finance minister of New Zealand, discusses the country's inflation forecast and what the government and central bank are doing to get inflation back into the target range.
Kipp DeVeer, head of Ares Credit Group, joins 'Closing Bell Overtime' to talk working with banks, commercial real estate exposure, his take on Fed rate cuts and more.
From cars to solar panels to furniture, China is using lavish bank lending and enormous investments in robotics to cement its global leadership in manufacturing.
Sometimes Sideways is The Best Case Scenario Granted, there was a possibility that today could have been a rally day for the bond market, but as seen in the overnight trading session, that possibility depended on the escalation of war in...
Dory Wiley, president and CEO of Commerce Street Holdings, and Christopher Marinac, director of research at Janney Montgomery Scott, join CNBC's 'The Exchange' to share their outlooks on bank trades, Tesla, and more.
What loan officer hasn’t had a memorable co-signing experience? Some more so than others. Along those lines, if you head to Disneyland or Disneyworld, and find bone chips or ashes on the floor of your favorite ride, it is probably not an...
PRESS RELEASE | APRIL 3, 2024 FDIC ISSUES LIST OF BANKS EXAMINED FOR CRA COMPLIANCE WASHINGTON - The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the...
Austria-based payment brand Bluecode has entered a strategic partnership with Alipay+ to enable its users to make payments at all of the latter’s supported stores across Europe.
Sheila Bair, Former FDIC Chair, joins 'Fast Money' to talk the state of regional banks, the impact of Commercial real estate on the banking sector and more.
The car is just five years old, and now the company seems to be washing its hands of the matter I read with interest your recent letter . Unfortunately, I am having a very similar experience, but, in my case, Renault wants to charge us...
Good News and Bad News About Today's Selling The bad news is that bonds resumed their weaker tendencies today with 10yr yields moving back up into the 4.6's. Culprits included stronger economic data, hawkish Fed comments, and...
Mortgage rates moved lower today after hitting the highest levels since mid November yesterday. Some lenders were down as much as an eighth of a percent, which is on the bigger side for a day-over-day change for conventional 30yr...
A man was left in despair when his beloved Alfa Romeo was wrecked on a test drive by a staff member A Birmingham man who took his beloved Alfa Romeo to Halfords Autocentre for a routine service has described his despair after it was...
BANCOMAT and Nexi have signed a contract for the creation of a new centralised technological infrastructure that will allow BANCOMAT to autonomously manage and optimise the offer of innovative and... read more The post BANCOMAT and Nexi...
Ant Group, along with 11 overseas payment partners of Alipay+ and major international card organizations, is set to launch a nationwide program to build International Consumer Friendly Zones across major Chinese... read more The post...
Sarat Sethi, DCLA managing partner, joins 'Power Lunch' to discuss what the managing partner makes of recent economic performance, what Sethi made of recent bank earnings, and what is changing with equity markets.
TSG (The Strawhecker Group), an analytics and intelligence firm in the payments industry, has worked with payments companies to compile the industry’s most comprehensive resource on merchant acquirers. Collectively, the... read more The...
UK-based fintech company Revolut has announced the launch of its refinancing facility in the region of Romania, as well as the solution’s overall global premiere.