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Category: Finance

News Finance

US Banks Poised for Profit Surge Amid Altered Rate Cut Outlook

1 year agoNoah Mark

The landscape of the US banking sector is set to experience a significant shift as expectations for Federal Reserve rate cuts have been adjusted, potentially leading to a boost in...

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News Finance

Shinhan Bank’s Digital Leap: Competing for South Korea’s Fourth Internet-Only Bank License

1 year agoNoah Mark

Shinhan Bank, a leading financial institution in South Korea, is poised to make a significant foray into the digital banking sector. The bank has announced its intention to compete for...

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News Finance

The Monochrome Spectrum of Irish Banking

2 years agoMason Miller

In the emerald isles of Ireland, the banking sector paints a rather monochrome picture, lacking the vibrant competition one might expect in a flourishing economy. This sentiment is echoed by...

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News Finance

Swiss Banking in the Era of Trump 2.0: A Former Ambassador’s Perspective

2 years agoFreya Jones

The Swiss banking sector, known for its stability and discretion, faces a new era as former U.S. Ambassador Edward T. McMullen advocates for a robust embrace of the potential return...

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News Finance

The Financial Currents: Chinese Banks’ Role in Thames Water’s Debts

2 years agoNoah Mark

Thames Water, the UK’s largest water utility company, finds itself in a financial whirlpool, with Chinese state-owned banks playing a pivotal role in the swirling currents of its debt structure....

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News Finance

April’s Altered Banking Schedule: A Comprehensive Guide

2 years agoHenry Wilson

April 2024 will see banks across India shut their doors for a total of 14 days. This extended break from traditional banking services is due to a combination of national...

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News Finance

Thai Banks Embrace Tech Revolution Amidst Shrinking Returns

2 years agoNoah Mark

In a bold response to diminishing returns, Thai banks are being urged to accelerate their technological transformations. This strategic pivot comes as a recent study reveals that Thai banks have...

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News Finance

BNZ Ascends to Leadership Role in New Zealand Banking Association

2 years agoMason Miller

The Bank of New Zealand (BNZ) has taken a significant step forward in the financial sector by assuming the chairmanship of the New Zealand Banking Association (NZBA), with BNZ Chief...

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News Finance

Banking on Contingency: Australian Banks’ Response to Cash Delivery Crisis

2 years agoHenry Wilson

In the wake of a failed deal with Armaguard, Australian banks are swiftly formulating contingency plans to address potential cash delivery disruptions. This development follows Armaguard’s rejection of a $26...

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News Finance

Fortifying Financial Foundations: CPPE Endorses Bank Recapitalisation

2 years agoFreya Jones

The Centre for the Promotion of Private Enterprise (CPPE) has voiced its support for the recapitalisation of banks, a strategic move aimed at safeguarding depositors’ funds and bolstering the stability...

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