banking

Finance Minister Bezalel Smotrich and Bank of Israel Governor Professor Amir Yaron announced a new measure in their fight against concentration in the banking sector. They have formed an inter-ministerial team, which will…

Nuru Mugambi was not supposed to live past the age of 40. She was scheduled to die seven years after being diagnosed with a rare, severe autoimmune disease called catastrophic antiphospholipid syndrome, or lupus. On 5 August, she was…

In late October, the European Commission announced grants worth more than €380 million to more than 100 projects across Europe aimed at achieving the EU's green targets, which once again underscored the growing importance of…

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’…