Read the latest news from regional and global sources, presenting different voices and perspectives.
BoE tells banks to brace for dollar shock
Cryptopolitan
·
July 19, 2025
The Bank of England (BoE) has asked several banks to assess their resilience to potential US dollar shocks, as concerns over Trump’s policies on global financial stability grow. Trump’s departure from long-standing US positions on free trade and...
Banking outlook ‘deteriorating’
Taipei Times
·
July 18, 2025
Fitch Ratings has revised its outlook for Taiwan’s banking sector to “deteriorating” from “neutral,” amid rising pressures on profitability and asset quality. The change reflects growing concern that Taiwan’s export-heavy economy would face...
Mortgage portfolio of Russian banks increased by 0.7% in June%
AK&M
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AK&M 18 July 2025 15:46 The mortgage portfolio on the balance sheet of Russian banks increased by 0.7% in June 2025 after a 0.6% increase in May. This is reported in the materials of the Bank of Russia. The volume of mortgage loans increased to...
Banks seek to park surplus liquidity amounting to ₹2.07 lakh crore at the 7-day VRRR auction
The Hindu Business Line
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July 18, 2025
The central bank has been conducting VRRR auction of various maturities at regular intervals to modulate liquidity in the system With the banking system awash with liquidity, the Reserve Bank of India (RBI) received offers from banks for parking...
What the GENIUS Act Means for Payment Stablecoin Issuers, Banks, and Custodians
JD Supra - California
·
July 18, 2025
I. Overview The US House of Representatives has passed stablecoin legislation as part of “Crypto Week” on Capitol Hill. S. 1582, the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS or the Act), passed the US Senate in...
AI, banking convenience in Southern Africa
Zimbabwe Independent
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In both the global and Southern African contexts, AI is being hailed as a game-changer, enhancing efficiency, security and customer experience. THE rise of artificial intelligence (AI) has significantly impacted various industries, and the banking...
Govt tells state-run banks to start up lending game
The Economic Times
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July 18, 2025
The government has asked public sector banks (PSBs) to step up lending to startups. They have been asked to collaborate with educational institutions and incubation centres to identify and monitor early-stage startups to establish formal banking...
Government Issues 3 Months Ultimatum for Banks and Mobile Money Companies to Add KYC Accounts on Instant Payment Service
Sierraloaded
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July 18, 2025
The Bank of Sierra Leone, in an effort to enhance financial inclusion and streamline digital transactions, has mandated all commercial banks and mobile money operators (MMOs) to onboard fully Know Your Customer (KYC) compliant accounts onto the...
Russian banks’ profit in June rises by one third, reaching $5 bln — Bank of Russia
TASS
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July 18, 2025
MOSCOW, July 18. /TASS/. Russian banks’ profit in June rose by one third compared to May, reaching 392 bln rubles ($ bln), according to materials published by the Bank of Russia. Overall, banks earned 1.7 trillion rubles ($21.7 bln) in the first...
I Raised $150M With No Banker. Here’s What It Taught Me About Private Markets
Forbes
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Inefficient offline workflows destroying value for private market investorsgetty Private markets aren’t short on capital. They’re short on infrastructure. Just try raising $150 million without a banker and you’ll see how broken the process still...
Texas, Wisconsin banks agree to buy in-state peers
Banking Dive
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July 18, 2025
Houston-based Prosperity Bancshares has agreed to buy in-state peer American Bank Holding Company, the parent company of American Bank, in an all-stock deal valued at $321.5 million, the companies announced Friday. Manitowoc, Wisconsin-based Bank...
Four London men charged after man kidnapped, driven to banks
The London Free Press
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July 18, 2025
As a result, two 21-year-olds and two 20-year-olds, all men from London, are jointly charged with kidnapping, extortion, armed robbery, pointing a firearm and unauthorized possession of a prohibited weapon, police said.
Revolut Ups the Pressure on Swiss Banks With SME Euro Accounts
finews.com
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July 18, 2025
Friday, 18 July 2025 09:54 Revolut Business is rolling out interest-bearing euro savings accounts and QR-bill payments for Swiss SMEs. Forward contracts are next – part of the neobank's bid to shake up the local business banking market. The...
Jenni Swain graduates from American Bankers Association Marketing School
The Telegram - Ohio
·
July 18, 2025
Jenni Swaim Jenni Swain, Ohio Valley Bank Assistant Vice President I, Marketing Specialist, recently earned the American Bankers Association (ABA) Marketing School certificate. Swain was one of 64 bank marketing professionals from across the...
Banks with fastest-growing real estate lending
The Business Journals
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July 18, 2025
Banks with a presence in the Sacramento region held more than $2 trillion in total real estate loans as of March 31, 2025 — roughly in line with the year-earlier period, showing a slight 1.4% decrease. The online version of this ranking includes...
10 banks rated sustainable in Bangladesh
Xinhua News Agency
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DHAKA, July 18 (Xinhua) -- Only 10 private commercial banks and two non-bank financial institutions (NBFIs) in Bangladesh have been rated as sustainable financial institutions by the central bank. Bangladesh Bank (BB) made the rating in its...
How Digital-Only Banks Are Redefining Customer Service
FinTecBuzz
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July 18, 2025
In an era of speed, personalization, and convenience optimization in most industries, the banking sector can no longer consider customer service as a supportive one. We are seeing digital-only banks, also referred to as neobanks, converting...
Wells Fargo Suspends Travel to China After Communist Regime Blocks Top Banker from Leaving
Breitbart
·
July 18, 2025
Wells Fargo suspended travel for all of its employees to China on Thursday after the Chinese government slapped an exit ban on banker Chenyue Mao. Mao is an American citizen who was born in Shanghai. She is a managing director for Wells Fargo,...
Federal Banking Agencies Propose Rescission of 2023 CRA Final Rule and Reinstatement of 1995 CRA Regulations
JD Supra - California
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July 18, 2025
On July 16, the Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) (collectively, the federal banking agencies) jointly published a proposed rule to rescind the 2023...
FDIC withdraws proposed rule on industrial banks and loan companies
JD Supra - California
·
July 18, 2025
On July 15, the FDIC Board withdrew a proposed rule concerning the oversight of parent companies of industrial banks and industrial loan companies. The withdrawal means the FDIC no longer intends to issue a final rule on this matter. The agency...