February 6, 2024
Via: Insurance JournalSeveral industry groups sued US regulators to block recent overhauls to the Community Reinvestment Act, arguing the new rules meant to tackle redlining and boost lending to lower-income areas will actually discourage banks from lending. The American Bankers Association, U.S. […]
July 5, 2023
Via: FinTech FuturesThe measures follow a series of meetings held with private sector experts, financial industry officials and research institutions since the end of February to improve the management and operating practices of the country’s banks. The Financial Services Commission (FSC) and […]
November 3, 2021
Via: TechBullionAlmost everyone today has a smartphone, almost everyone uses mobile banking services, so the development of banking mobile and web applications is currently in high demand. As smartphones are reshaping the financial world, mobile payment apps have started to change […]
July 11, 2017
Via: CNBCU.S. bank stocks are at a crossroads — trying to regain the momentum they had earlier in the year amid signs that the Trump-trade cornerstones that had spurred the rally are not turning out as planned. Investors will learn more […]
Capital and Risk, Macroeconomic
February 10, 2017
Via: Market WatchThe rally in U.S. banking stocks hinges on expectations that the Trump administration will relax or even remove regulations imposed on the sector in the wake of the 2008-09 global financial crisis. The danger is that since big banks are […]