Bank of America has been ordered to pay the Federal Deposit Insurance Corporation (FDIC) $540.3 million, a decision that arose from a prolonged legal battle centered around allegations of underpaying deposit insurance commitments. This authoritative directive, rendered by U.S. District Judge Loren
As geopolitical tensions continue to reshape global landscapes, a formidable alliance of emerging economies is seeking to revolutionize the way international financial transactions are conducted. The BRICS nations—Brazil, Russia, India, China, and South Africa—have embarked on an ambitious journey t
North Korea's move toward embracing electronic foreign currency payments marks a significant shift in its financial landscape, reflecting efforts to modernize and adapt to global economic practices. Late March saw North Korean people's committees instruct new businesses to implement
Synchrony, a leading consumer financial services company, has announced its integration with Adobe Commerce to provide innovative financing solutions for merchants. This collaboration aims to help businesses grow by offering flexible and extended payment options to their customers, which are
The recent appointment of Abdul Qader Hasriyeh as the Governor of Syria’s Central Bank marks a significant shift in the country's financial governance. Appointed by transitional president Ahmed al-Sharaa, Hasriyeh brings a wealth of experience in finance, law, and academia to the role. Born in
As of 2025, Citizens Bank no longer offers personal loans to new applicants, leaving many borrowers searching for competitive alternatives. Fortunately, there are several reputable banks with attractive personal loan options to meet diverse financial needs. Understanding these alternatives is
In an unexpected announcement causing ripples through the financial community, Oando Plc has revealed a significant delay in the publication of its 2024 Audited Financial Statements (AFS). The release, initially slated for the regulatory deadline of March 31, has now been postponed to on or before
Australia's financial planning landscape is undergoing a significant evolution marked by the movement of financial advisers between licensees and the strategic realignment within the industry. Key players such as Akumin, Rhombus, and the recently rebranded Fortnum, now known as Entireti, are
Amid the evolving landscape of commercial real estate finance, Commercial Property-Assessed Clean Energy (C-PACE) financing has seen remarkable growth, bolstered by enhanced regulatory frameworks and increased support from traditional banks. The substantial uptake of C-PACE financing rose notably
Managing and growing wealth across generations presents unique challenges, and for many high-net-worth families, preserving a family legacy requires a comprehensive and well-coordinated approach. CBIZ’s Private Client Services has distinguished itself as a leader in this field by offering a h
