banking

British giant HSBC is closing its wealth and personal banking businesses in New Zealand as part of its latest moves to move away from less profitable companies and focus on the Asian market. According to a report by Reuters, the two…

A joint investigation by the FBI's Money Laundering Task Force and the Internal Revenue Service's criminal investigations led to a 75-month prison sentence for 64-year-old Arizona businessman Reginald Fowler. The court…

Industry-first study from Evident shows leading European banks double down on AI hiring opportunities, but UK banks struggle to compete with US rivals JPMorgan Chase & Co. is looking forward. It is set to assert its AI dominance…

Involved Share on Twitter Post on LinkedIn Share on Telegram Copy link Link copied SWIFT, the global financial messaging service, is partnering with major banks and Web 3…

2023 may go down in the history books as the year America lost faith in its banks.Over the course of a few weeks in the spring of 2023, multiple high-profile regional banks suddenly collapsed: Silicon Valley Bank (SVB), Signature Bank, and…

The fate of Revolut's bid to secure a long-awaited banking license from city regulators was thrown into further doubt last night after it emerged that the Bank of England was intent on rejecting the company's application. The…

Amid financial scrutiny, UK fintech giant Revolut faces rejection of its longstanding banking license application. Revolut facing potential rejection from its UK banking license application submitted to the Bank of England (BoE). The…

© Reuters. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 11, 2023. REUTERS/Brendan McDiarmid By Louis Krauskopf NEW YORK (Reuters) - A rally in U.S. stocks has left small businesses…

This is an opinion editorial by Brad Mills, host of the Magic Internet Money Podcast and an investor in several Bitcoin-focused projects.Big banks are failing. Credit Suisse, one of the largest…

The stablecoin market is expected to grow exponentially amid the mainstream adoption of Bitcoin and other digital assets globally. The rise of the stablecoin Tether (USDT) has been unchallenged for several years now. The Tether (USDT)…