Bank

IntroductionAs it moves into the active appeal stage at the Tenth Circuit, the ongoing legal battle between Custodia Bank and the Federal Reserve has garnered significant attention, especially given the involvement of various amicus briefs.…

Cryptocurrency-friendly financial institution Evolve Bank and Trust has been implicated in a massive data breach. The bank has admitted to being aware of the incident, which involved the theft of 33 terabytes of user data.…

FRANKFURT (Reuters) - Deutsche Bank said on Sunday it had appointed Laura Padovani to its board of directors responsible for compliance and financial crime prevention, adding a woman to the German bank's male-dominated senior positions.…

Simply Asset Finance has announced a major milestone, securing a £120 million loan facility from Bank of America. This new facility, initially set at £60 million with potential to expand to £120 million, will significantly enhance…

Since late October of last year, American bank (NYSE: PAC) The index was on a tear, surging 58% after the Federal Reserve signaled a pause in its rate hikes. The stock has rallied significantly as investors price in the pause and potential…

BUDAPEST (Reuters) - Hungary's central bank on Saturday asked local lenders to immediately start reimbursing customers for erroneous fees imposed by Apple Inc's (NASDAQ:) mobile payment service earlier this week that affected hundreds of…

Buy Gold Today Central banks have been actively and extensively buying gold over the past few years. In a report published this week, UBS highlighted the continued interest in gold by central banks, emphasizing its role as a hedge…

MOSCOW (Reuters) - U.S. sanctions imposed on Moscow this month have complicated foreign trade operations for Russian banks but they are gradually adapting to the new reality, the chief financial officer of Russia's second-largest lender…

The High Court has allowed former Cabinet Secretary Raphael Tuju to question an East African Development Bank official over his disputed loan with the regional lender. In a ruling in favour of Mr Tuju, Justice Alfred Mabia allowed an…

Nu Holdings, commonly known as Nubank, the largest fintech bank in Latin America, has partnered with Lightspark to integrate the Bitcoin Lightning Network and UMA (Universal Money Addresses) into its platform. The collaboration aims to…