Finance
PBOC Accelerates Gold Shift to Hong Kong, Bolstering Trading Hub
China's central bank is significantly increasing its gold reserves in Hong Kong, accelerating a long-term trend of moving bullion from London to...
Finance 367 articles
Finance
120+ Lawmakers Demand Urgent Review of ‘Unsustainable’ Student Loan Burden
More than 120 MPs and peers have called on Chancellor John Healey for an urgent review of the student loan repayment system,...
Finance
Sponsorbanken definieren BaaS-Rentabilität neu: Gebühren vor Einlagenwachstum
Sponsorbanken entkoppeln FinTech-Beziehungen von Einlagenbesitz, wobei Gebühreneinnahmen die Rentabilität steigern. First Internet Bancorp verzeichnete 172 % mehr BaaS-Gebühren und verlagerte 2,4 Mrd....
Finance
Retailers See Shoplifting Dip, Phone Scams Jump 69% Amid Fraud Shift
American retailers report a 69% surge in phone scams and other digital fraud as shoplifting declines, driven by criminal shifts and technology...
Finance
Verisk Projects JPY 220-340 Billion Insured Losses from Kumamoto Quake
Verisk estimates insured property losses from the July 28 Kumamoto earthquake in Japan will range from JPY 220 billion to JPY 340...
Finance
Lineage Bank Faces FDIC Order After Synapse Partnership
Former Synapse partner Lineage Bank has agreed to an FDIC consent order addressing unsafe or unsound banking practices. The order mandates a...
Finance
Fed Proposes Major Capital Rule Overhaul for Mutual Banks
The Federal Reserve has unveiled a proposal to modernize capital rules for mutual banking organizations, aiming to increase their flexibility in raising...
Finance
Regulators Propose Sweeping CRA Overhaul, Exempting 800 Banks
The Trump Administration has proposed a major overhaul to the Community Reinvestment Act, reducing compliance for 800 banks and reshaping community development...
Finance
30-Year Mortgage Rate Reaches 6.66% as War Fuels Inflation
The average 30-year fixed-rate mortgage hit 6.66% this week, its highest in a year, driven by the war in Iran, rising oil...