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Category: Capital and risk


Capital and risk, Operational, Products, Retail banking

Merchants, retail banks and billing orgs favour real-time payments and open banking

June 20, 2018

Via: Finextra

Comprised of responses from executives across the merchant, digital goods, hospitality, telecom and travel sectors, the benchmark also revealed that 51 percent of all merchants, billing organizations and retail banks will increase their IT budgets for payments-related projects in 2018. […]


Capital and risk, Operational

Realign Your Bank’s Operating Model Before It’s Too Late

June 19, 2018

Via: Bank Director

The banking industry and its underlying operating model is facing pressure from multiple angles. The advent of new technologies including blockchain and artificial intelligence have started and will continue to impact the business models of banks. Meanwhile, new market entrants […]


Capital and risk, Macroeconomic

U.S. government bond yields extend slide as global stocks slip on trade-war woes

June 15, 2018

Via: Market Watch

U.S. government bonds saw bidding early Friday, extending a yield decline for Treasurys a day after the European Central Bank set the stage for unwinding its bond-buying program by the end of 2018 but laid out a less aggressive plan […]


Capital and risk, Operational

Citigroup could shed as much as half of its 20,000 tech and operations staff due to automation

June 12, 2018

Via: CNBC

Citigroup’s investment banking business could shed as much as half of its 20,000 technology and operations staff in the next five years due to automation, the Financial Times reported on Monday. Operational positions were the “most fertile for machine processing,” […]


Capital and risk, Credit

Wait! Don’t destroy those old credit cards yet

June 8, 2018

Via: Market Watch

You know that “starter” credit card collecting dust in your wallet? The one with a high interest rate, lackluster benefits, and zero rewards? Now that you’ve upgraded to a better card, you might be tempted to close your old cards […]


Capital and risk, Macroeconomic

G-7 leaders need to offer Trump a ‘golden bridge’ of retreat to avert a trade war, chief economist says

June 7, 2018

Via: CNBC

Cooler heads will prevail despite the steady ramp-up of rhetoric on trade tariffs, the founder of New York-based consultancy High Frequency Economics believes. Finance ministers of the world’s wealthiest nations will meet at the G-7 summit Friday in Quebec, and […]


Capital and risk, Operational, Products, Retail banking

Santander adds ATMs to US network

June 6, 2018

Via: Finextra

Through an extended relationship with Cardtronics, the world’s largest ATM owner/operator, Santander-branded ATMs are now in most Market Basket grocery store locations in Massachusetts and additional CVS Pharmacy stores in the Northeast. This marks the first time Santander ATMs have […]


Capital and risk, Macroeconomic

Planned job cuts slow in May as retail continues to lead this year

May 31, 2018

Via: CNBC

Companies announced plans to cut 31,517 jobs in May, a 13 percent decrease from April, a private survey reported Thursday. The 207,977 planned job cuts announced in 2018 is more than 6.2 percent higher than the same period of 2017. […]


Capital and risk, Operational, Regulations

Fed calls Deutsche Bank’s U.S. operations troubled

May 31, 2018

Via: Market Watch

The Federal Reserve has designated Deutsche Bank DB, -5.53% AG’s sprawling U.S. business in “troubled condition,” a rare censure for a major financial institution that contributed to constraints on its operations, according to people familiar with the matter. The Fed’s […]


Capital and risk, Macroeconomic

US first-quarter growth revised down to 2.2%

May 30, 2018

Via: CNBC

U.S. economic growth slowed slightly more than initially thought in the first quarter amid downward revisions to inventory investment and consumer spending, but income tax cuts are likely to boost activity this year. Gross domestic product increased at a 2.2 […]