Finance
Woman’s 94-Mile Trip to Bank HMRC Cheque Sparks Rural Access Debate
Annabel Yates faced a 94-mile round trip to deposit a £900 HMRC cheque after Lloyds stopped Post Office services, highlighting rural banking...
#banking 36 articles
Finance
Saudi FinTech Stitch Raises $25M Series A for Core Banking Overhaul
Saudi Arabia-based FinTech Stitch has raised $25 million in Series A funding led by Andreessen Horowitz to replace fragmented, legacy bank core...
Finance
NAB Misses Profit Estimates Amid Software Expenses, Credit Provisions
National Australia Bank Ltd. missed first-half profit estimates, reporting A$2.64 billion. Higher software costs and increased credit provisions weighed on earnings.
Finance
Hungary’s New Cabinet Eyes Tax Cuts, Bank Relationship Repair
Hungary's premier-elect Peter Magyar's incoming cabinet plans to cut taxes for low earners and is initiating talks to mend strained relations with...
Finance
Revolut Eyes $200 Billion Valuation for Future IPO
Revolut is reportedly aiming for a $200 billion valuation in its eventual stock market debut, according to investor briefings cited by the...
Stocks
Peoples Bancorp Acquires Citizens National for $76.6M
Peoples Bancorp (PEBO) will acquire Citizens National (CZNL), parent of Citizens Bank of Kentucky, in a $76.6M cash-and-stock deal, valuing it at...
Stocks
Major Banks Report Digital Channels Boost Deposits
Latest big bank earnings reveal digital channels are paramount for deposit gathering and retention. JPMorgan, Bank of America, Wells Fargo, and Citigroup...
Stocks
Great Southern Bancorp Tops EPS Estimates, Falls Short on Revenue
Great Southern Bancorp reported Q1 GAAP EPS of $1.58, exceeding analyst expectations by $0.29. However, net interest income of $48.33M missed forecasts.
Finance
Major Banks Post Strong Profits, Warn of Energy Price Risks
The nation's biggest banks reported robust first-quarter profits, fueled by a resilient economy and a surge in investment banking activity. However, executives...