Bankers, athletes, students are using drugs. This hotline tries to keep them safe

There's a national overdose hotline that some Canadians call before they're about to use drugs. But the people dialling in aren't who you might think. Since the National Overdose Response Service (NORS) launched nearly five years ago, it's been...

Banking hub remains on track for summer launch despite missing out on high street location

The new banking hub for Hadleigh remains on track for this summer, despite being unable to secure a high street location. Cash Access UK is planning to open a custom-built hub within the town, offering access to banking services. The...

Banking Agencies Seek Comment on Proposal to Modify Capital Standards

The federal banking agencies said Friday (June 27) that they are requesting comment by Aug. 26 on a proposal to modify the enhanced supplementary leverage ratio (eSLR) capital standards for banks. The proposal aims to reduce the current standards’...

Bangladesh Bank injects Tk 525 billion into struggling banks

Bangladesh Bank has injected an unprecedented amount of Tk 525 billion (52,500 crore) into 12 financially weak banks by printing new currency, despite maintaining a tightened monetary policy stance. According to central bank data released on...

Banks reconsider stances on firearms industry amid political pressure

Big banks are reassessing their policies concerning the firearms industry, as noted by The Wall Street Journal. The National Shooting Sports Foundation (NSSF) has prioritized addressing financial discrimination against this $93 billion-a-year...

Countdown to Kickoff: Kelvin Banks Jr. is the Saints Player of Day 71

There are 71 days left until the New Orleans Saints kick off their 2025 regular season. The Saints will start their 59th year of NFL existence at home against the Arizona Cardinals and with a new head coach in Kellen Moore. Offensive tackle Kelvin...

Banks to remain closed on July 1: SBP

The State Bank of Pakistan (SBP) has announced that all banks across the country will remain closed for public dealing on Tuesday, July 1, 2025, the central bank said in a statement on Friday. The SBP said that the holiday applies to all banks,...

Central banks rush to gold as fears of US dollar crisis mount

Why are central banks, including those of China and India, adding gold bullion to their reserves at an almost alarming rate, to the point where gold is now second only to the US dollar as an official reserve asset? It is not for the same reason...

Meet Goldman's consigliere to Hollywood: the entertainment banker whose days spearheading big media deals start with a run in Central Park

It's not easy to break into either Hollywood or Wall Street. Aaron Siegel has carved out a place in both. As head of Goldman Sachs' entertainment investment banking business, he oversees a team of bankers who work on deals spanning a range of...

Banks cruise through Fed stress tests, earning capital break

Most of the country's largest banks are poised to see flat or lower capital requirements next year after performing well in this year's Federal Reserve stress test, but ongoing efforts to reform its annual exam practices could complicate how much...

NBE Governor Blames ‘Bad Practices’ at Banks for Stubborn Forex Rate Disparity

The Governor of the National Bank of Ethiopia (NBE) says mismanagement at commercial banks is fueling the gap between official and parallel forex exchange rates, which has proven difficult to close nearly a year after liberalization. The stubborn...

Banks closed for 13 days in July: Here's the list

Banks closed for 13 days in July: Here's the list In July 2025, Banks across India will observe 13 holidays overall: 6 weekend offs, including Sundays, second and fourth Saturdays, and 7 regional holidays specific to certain states. Bank holidays...

Anker recalls select power banks sold in Philippines over overheating risk

MANILA, Philippines — Anker Innovations has announced a voluntary recall of several power bank models, including units sold in the Philippines, due to a battery issue that could pose fire and burn hazards. This move comes amid recent news reports...

Nigerian Banking Tech Firm Debuts in Untapped Ethiopian Market

A Nigerian financial technology provider hopes to expand its business in Ethiopia following the successful execution of a digitalization contract with one of the scores of microfinance institutions operating in the country. Qore Technologies was...

Banks place surplus funds amounting to ₹84,975 cr at VRRR auction

VRRR auctions are aimed at absorbing surplus liquidity in the banking system and ensuring that overnight call money rate stays closer to the repo rate. | Photo Credit: AJAY VERMA Banks placed funds amounting to ₹84,975 crore at RBI’s seven-day...

Banking blow: Wells Fargo to cut nearly 200 jobs in downtown Winston-Salem

The announcement is the latest blow to the financial-industry sector in a city that was once a Southern banking hub and one that is also struggling with office space occupancy in its central business district.

House Committee Investigates Federal Pressure on Banks to Drop Crypto Clients

FM urges PSU banks to deepen corporate lending in productive sectors

Biz News During the review meeting attended by heads of banks, FM Nirmala Sitharaman urged PSU banks to proactively identify emerging commercial growth areas for the next decade, which can aid profitability and growth for them. (Picture Credit: X...

Think tank urges govt to prioritise productive sectors over subsidising banks

The Economic Policy and Business Development (EPBD), an independent policy think tank, has urged the government to shift its focus from subsidising the profits of banks to boosting productive sectors such as industry, exports, and small...

Large US Banks Clear the Fed’s Annual Stress Test