Banking

Why Is Nationwide Keeping Branches Open Until 2030?
Banking Why Is Nationwide Keeping Branches Open Until 2030?

In an era where digital banking dominates and physical bank branches are vanishing at an alarming rate across the UK, Nationwide, a prominent financial institution, has taken a striking stand by pledging to keep its extensive network of 696 branches open until at least 2030. This commitment, which

ABN Amro Acquires NIBC, Beats Q3 Earnings Expectations
Banking ABN Amro Acquires NIBC, Beats Q3 Earnings Expectations

What does it take to dominate a fiercely competitive banking landscape? In the Netherlands, ABN Amro has made a striking move by acquiring NIBC Bank for a hefty 960 million euros ($1.1 billion), while also surpassing third-quarter earnings expectations with a net profit of 617 million euros ($720

U.S. Bank Regulators Plan to Ease Treasury Capital Rules
Banking U.S. Bank Regulators Plan to Ease Treasury Capital Rules

In a pivotal move for the financial sector, U.S. bank regulators, including the Federal Reserve, have agreed on a plan to revise stringent capital requirements tied to holding U.S. Treasuries, signaling a potential shift in how banks manage low-risk government debt. This development comes as a

TreeHouse Foods Acquired by European Firm for $2.9 Billion
Banking TreeHouse Foods Acquired by European Firm for $2.9 Billion

In a landscape where private label manufacturing continues to play a pivotal role in the food and beverage industry, a major transaction has recently captured attention across the sector, signaling significant changes ahead. TreeHouse Foods Inc., a key player in the U.S. private label market, has

Alpha Bank Cyprus Boosts Investor Trust with Depositary Services
Banking Alpha Bank Cyprus Boosts Investor Trust with Depositary Services

In the heart of the Mediterranean, Cyprus has carved out a significant niche as a burgeoning hub for investment funds, drawing global attention with its strategic location, EU membership, and investor-friendly policies. This small island nation has transformed into a powerhouse for financial

How Is Governor Hochul Boosting Financial Inclusion in NY?
Banking How Is Governor Hochul Boosting Financial Inclusion in NY?

In a landscape where financial disparities continue to challenge many New Yorkers, Governor Kathy Hochul has emerged as a steadfast advocate for economic equity, spearheading initiatives that prioritize underserved communities often sidelined by traditional banking systems. Across the state,

Loading

Subscribe to our weekly news digest.

Join now and become a part of our fast-growing community.

Invalid Email Address
Thanks for Subscribing!
We'll be sending you our best soon!
Something went wrong, please try again later