Read the latest news from regional and global sources, presenting different voices and perspectives.
Banker Stephanie Heffer joins board of directors at National Park Medical Center
The Sentinel-Record - Arkansas
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August 31, 2025
Stephanie Heffer has been named to the National Park Medical Center Board of Directors, the hospital announced. Heffer is the private banking advisor for Arvest in Hot Springs Village, a news release said, and she is excited to join the hospital's...
Banks ramp up AI defenses as gov’t moves to make them liable for voice phishing losses
The Korea Times
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September 1, 2025
Banks are enhancing preventive measures against voice phishing, including upgrades to monitoring systems powered by artificial intelligence (AI), as the government moves to require financial institutions to compensate phishing victims, industry...
Amy Ledig: Setting Deregulatory Priorities to Help Community Banks
Independent Banker - Washington DC
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The new administration is taking a hard look at the regulatory framework across the whole of government. Community banks have a unique opportunity to advocate for agencies to solve long-standing issues and streamline the regulation while...
Middle East Banking Innovation Summit (MEBIS) 2025 Returns in Two Weeks With Unprecedented Industry Buzz
Financial IT
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The countdown is on. In just two weeks, the region’s most influential banking and financial leaders will gather at the 16th Middle East Banking Innovation Summit (MEBIS 2025), taking place on 17–18 September 2025 at Jumeirah Emirates Towers,...
Triphon Phumiwasana on Building a Sustainable Private Banking Model in Thailand
Hubbis
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At a roundtable discussion in June 2025 in Bangkok, Triphon Phumiwasana, Senior Managing Director and Private Banking Business Head at Kasikornbank, reflected on the evolution of Thailand’s wealth management industry and outlined his priorities...
How Community Banks Can Build a Risk-Savvy Board
Independent Banker - Washington DC
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Managing risk has always been central to the purpose of a community bank’s board, arguably now more than ever. What’s changed with time is the breadth and degree of the risks out there, as well as the nuance with which current board members must...
AI In Banking: From Tokens To Talkbots
Outlook Money
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September 1, 2025
The report defines seven guiding principles, referred to as the Seven Sutras, which are meant to form the basis of the application of AI in the financial system. These are: trust is the building block, people first, innovation over restraint,...
How AI will shape 4 investment banking careers, from ECM to trading
Business Insider
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September 1, 2025
Everyone says artificial intelligence will change the way we work. But on Wall Street, where investment banking jobs range from high-touch dealmaking to split-second trading, what will that actually look like? And who's most at risk? Each role in...
Loan Defaults Bite As Headwinds Threaten Banks’ Profitability
Daily Independent
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September 1, 2025
1 LAGOS – Nigeria’s banking industry is heading into a difficult year as lenders face mounting headwinds that threaten to erode profitability despite balance sheet expansion. Analysts project that profit before tax (PBT) across the sector could...
El Jannah calls in bankers to find it a big private equity backer
Financial Review
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September 1, 2025
El Jannah, a popular chain of Lebanese charcoal chicken, has called in investment bankers and lawyers as it looks for a private equity partner to expand into a national fast food business with 500 restaurants. The quick service restaurant, which...
Central Banks’ Gold Reserves Surpass US Treasuries for the First Time in 30 Years
Techstory
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August 31, 2025
The world’s central banks are currently owning more gold than US Treasuries, a change in global finance that hasn’t happened since 1996. This shift indicates an increase toward gold as a preferred asset in the face of mounting financial...
Gold surpasses U.S. Treasuries in central banks’ reserves for first time since 1996
The Economic Times
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September 1, 2025
Central banks worldwide now hold more gold than U.S. Treasuries for the first time in nearly three decades, highlighting a sweeping shift in global reserve management driven by sanctions risks, debt concerns, and a search for diversification....
Why Central Banks Are Buying Record Gold And Cutting Reliance On US Bonds
ABP Live
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September 1, 2025
For the first time in over three decades, central banks around the world are holding more gold than US government bonds, marking a major shift in how countries manage their reserves. Traditionally, most nations kept their "treasure chest" of...
BoI wants banks to operate fraud helpdesks 24/7
Globes
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September 1, 2025
The Bank of Israel Banking Supervision Department has published a draft directive that will oblige the banks to set up telephone helpdesks on financial fraud that will operate 24/7. Under the new requirement, the banks will have to be available to...
Most universal banks on track to be capital compliant – Fitch
Ghanaian Times
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September 1, 2025
The vast majority of Ghanaian banks are on track to be capital-compliant once regulatory forbearance relating to the treatment of Ghana’s domestic default expires at the end of 2025, Fitch Ratings has said. According to the international...
Bank Holidays In September 2025: Banks To Remain Closed On THESE Dates — Details
Times Now
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September 1, 2025
Each region may observe different holidays With several regional festivals lined up in September 2025, like Onam, Id‑e‑Milad, Karma Puja, and Durga Puja, it’s wise to mark your calendar now. Most banks in India follow a regular closure pattern on...
Thai Banks Brace for Major Restructuring Amid Economic Headwinds
The Nation Thailand
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September 1, 2025
"With the arrival of 'Your Data' and virtual banks, customers can go anywhere," the source said. "It will break down brand barriers. Everything can be done on a mobile phone, making physical branches irrelevant for the majority of people." Another...
Nigeria’s Banking Sector Sees Decline In Funding Rates Amid Excess Liquidity
Biz Watch Nigeria
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September 1, 2025
Funding rates in Nigeria’s money market fell below 27% last week as surplus liquidity flowed into the financial system, easing pressure on deposit money banks (DMBs) and reducing their reliance on the Central Bank of Nigeria’s (CBN) Standing...
Open Banking Surges to 15 Million UK Users as July Marks Record Adoption
Financial IT
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September 1, 2025
July was a landmark month for open banking, with more than 15.16 million people and businesses now using services powered by the technology - equivalent to nearly one in three UK adults. The latest figures also show that in July, open banking...
Everest, Global IME lead loan growth as other banks see declines
Nepal News
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KATHMANDU: Everest Bank and Global IME Bank have aggressively expanded lending in the first month of fiscal year 2025/26, even as total loans across commercial banks fell by Rs 1.086 billion. Everest Bank increased its loans by Rs 564 million,...