banks

DB says that inflationary pressure is receding:central bank tighteningsupply chain pressures have diminished commodity price inflation has subsidedBut, say the analysts, now is not the time to become complacent, urging caution. Outlining 4…

Scammers have found a new way to deceive unsuspecting consumers by impersonating major banks despite repeated warnings dating back to 2021, the Financial Services and Markets Authority (FSMA) announced, adding that this type of fraud is on…

© Reuters. LONDON (Reuters) -The number of instances of greenwashing by banks and financial services companies around the world rose 70% in the past 12 months from the previous 12 months, a report on Tuesday showed. European financial…

The Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland just recently announced the successful completion of a new CBDC initiative called Project Mariana. This project tested…

Companies Cash outside banks hits an all-time high of Sh273.4bn Thursday September 28 2023 Cash circulating outside banks hit an all-time high of Sh273.4 billion in July. PHOTO | SHUTTERSTOCK Cash circulating outside banks hit…

© Reuters. Chinese banks, particularly those with significant exposure to the property sector, may face a 10% drop in earnings by 2024 if bad debt ratios increase due to defaults from "low quality" state-owned developers and private…

United States Rep. Tom Emmer has spoken out against Securities and Exchange Commission chairman Gary Gensler during a hearing at the House Financial Services Committee on Sept. 27. According to the lawmaker, Gensler has been loyal to Wall…

Michael M. Santiago A group of five banks, including Goldman Sachs (NYSE:GS), HSBC Holdings (NYSE:HSBC), Barclays (NYSE:BCS), BNP Paribas (OTCQX:BNPQF) (OTCQX:BNPQY), are joining forces to adopt a tool that would minimize the risks of…

Silent Eight’s software is grounded in generative AI, similar to the technology behind the viral ChatGPT chatbot. Silent Eight, led by CEO Martin Markiewicz, has made it its mission to empower financial institutions to combat financial…

Companies Boost for banks as car buyers flock to auction yards Friday September 22 2023 Vehicles scheduled for auction. FILE PHOTO | NMG Kenyans put off by a sharp rise in car import prices due to a severely weakened shilling…