banks

Binance aided peer-to-peer (P2P) crypto transfers among Russians using at least five banks sanctioned by Western governments after Russia launched a full-scale invasion of Ukraine last year, the Wall Street Journal reported today (Tuesday).…

(Reuters) - S&P Global on Monday cut credit ratings and revised its outlook for multiple U.S. banks, following a similar move by Moody's, warning that funding risks and weaker profitability will likely test the sector's credit…

© Reuters. FILE PHOTO: Coins and banknotes of China's yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration/File Photo SHANGHAI (Reuters) -China's major state-owned banks were seen…

© Reuters. FILE PHOTO: Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo SHANGHAI (Reuters) -China's major state-owned banks were seen busy selling…

The banking sector is being warned it faces penalties if it does not secure free access to cash for the UK population, including businesses, following waves of branch closures over more than a decade. The Financial Conduct Authority…

© Reuters. FILE PHOTO: A woman counts a Japanese 10,000 yen banknote in Tokyo, in an illustrative photo on February 28, 2013. Photograph: Shuhei Miyano/Reuters Written by Laura Matthews NEW YORK (Reuters) - The dollar clung to gains…

© Reuters Investing.com - Most Asian currencies moved slightly on Friday, while the dollar held on to recent gains as markets were falling ahead of a series of central bank meetings this week, most notably the Federal Reserve. Signs…

It appears that the crackdown on crypto firms by the US Securities and Exchange Commission (SEC) has severely affected Binance's business. Over the past few weeks, the cryptocurrency exchange has reportedly laid off more than 1,000…

In a recent interview with CNBC, Ripple's Chief Legal Officer (CLO), Stuart Alderoty, expressed optimism about US banks and financial institutions returning to using the XRP token for cross-border transactions.…

Ripple hopes that many US banks and financial institutions will approach the company this quarter. US-based payment protocol Ripple believes XRP will now become a magnet for US banks and other financial institutions, following the recent…