banking

This week, the Israel Defense Forces launched large-scale attacks on Hezbollah's financing pipelines with a focus on Al-Qard Al-Hassan, which helps finance the Lebanese Shiite organization's terrorist activities. Lebanese…

The Tel Aviv Stock Exchange (TASE) insurance index rose last Tuesday by 2.5%, well above the market's modest gains. The reason for the jump in stock prices was the recommendation of the Supervisor of Banks, Daniel…

TD Bank, one of the largest financial institutions in the United States, has come under intense scrutiny in the cryptocurrency space after suffering the largest penalty ever imposed under the Bank Secrecy Act (BSA). The $3.09…

By John O'Donnell FRANKFURT (Reuters) - For decades, Andrea Orcel has been the “rainmaker” to whom chief executives turned for advice on the big deals that reshaped the banking landscape. Now, as CEO of UniCredit, the Italian has set…

Hong Kong has been one of the world’s most crypto-friendly regions, and so far, it seems the region is continuing to nurture this friendly relationship with the sector. Recently, Hong Kong Legislative Council Member Johnny Ng…

In the early 2000s, paying college tuition required going to the bank to deposit cash. Now, much later, banking has changed dramatically, and the future of money is in our hands. Modern consumers can easily transfer money from their…

At the recent Bitcoin conference in July, cryptocurrency advocate Senator Cynthia Lummis announced plans to introduce a bill that would allow the US government to adopt Bitcoin as a strategic reserve asset. Five days after Loomis’…

Fintech giant Revolut has finally been granted a long-awaited banking licence from the Bank of England’s Prudential Regulation Authority (PRA), boosting its ability to compete with traditional banks and providing improved consumer…

Federal Reserve interest rates, which influence global lending rates, are higher than they have been in 23 years. But that’s not stopping JPMorgan Chase clients from feeling optimistic. In a survey of more than 100 founders and senior…

Banks have warned of higher transaction costs if Parliament approves the proposed value-added tax and increased fees on financial services, arguing that there is a risk of declining gains in financial inclusion and eliminating money…