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Category: Finance

bank building
Finance News

S&P Upgrades Vietcombank to BB+ Rating

11 months agoNoah Mark

Standard & Poor’s Global Ratings has upgraded Vietcombank’s long-term issuer credit rating to BB+ from BB, marking the highest rating among Vietnamese banks and matching the nation’s sovereign rating. This...

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fintech acquisition
Finance News

Klar Buys Bineo to Secure Mexico Banking License

11 months agoNoah Mark

Mexican fintech company Klar has agreed to purchase Bineo, the digital banking unit of Grupo Financiero Banorte. This deal, announced in early September 2025, lets Klar gain a full banking...

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cooperative bank building
Finance News

RBI Fines Three Coop Banks Rs 8.6 Lakh for Rule Breaks

11 months agoMason Miller

The Reserve Bank of India has hit three cooperative banks with fines totaling Rs 8.6 lakh for breaking key banking rules. This action, announced on September 9, 2025, targets Bidar...

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banking discrimination
Finance News

Trump Targets Debanking: End to Political Bias in Banks

11 months agoMason Miller

In a bold move to protect fair access to financial services, President Donald Trump signed an executive order on August 7, 2025, aimed at stopping banks from denying services based...

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stock market graphs
Finance News

Asia-Pacific Markets Mixed After Wall Street Tech Rally

11 months agoNoah Mark

Asia-Pacific stock markets showed mixed results on Tuesday, following strong gains on Wall Street driven by a rally in technology stocks. Investors reacted to local political changes, economic data, and...

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uk-banks-closing
Finance News

UK Banks to Close Over 70 Branches by 2025 End

11 months agoHenry Wilson

Major UK banks plan to shut more than 70 branches before the end of 2025, hitting customers in England, Scotland, and Wales. Halifax, Lloyds, Santander, and Bank of Scotland lead...

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swiss bank building
Finance News

Switzerland Leads Private Banking Compliance

11 months agoFreya Jones

Switzerland is setting new standards in private banking compliance, with stricter rules in Zurich and Geneva reshaping how banks handle high-risk clients and markets. As of 2025, these changes aim...

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bank fraud illustration
Finance News

US Banks Face Surging Scam Losses in 2024

11 months agoOlivia Smith

US banks are grappling with a sharp rise in fraud, where scams now make up more than a quarter of total losses. New data from 2024 shows these deceptive tactics...

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investment in biotech
Finance News

British Business Bank Invests £8M in NRG Therapeutics

11 months agoNoah Mark

The British Business Bank has poured £8 million into NRG Therapeutics, a UK based neuroscience firm, as part of a £50 million Series B funding round announced on September 8,...

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banking regulation update
Finance News

RBI Orders Coop Banks to File Digital Returns via CIMS

11 months agoMason Miller

The Reserve Bank of India has told all cooperative banks to start sending their internet and mobile banking reports through a new central system. This rule kicks in from August...

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