The U.S. banking sector is facing a troubling landscape that may have significant repercussions for broader financial markets, including equities and cryptocurrency sectors like bitcoin. Recent findings by federal regulators have raised red flags about the health of major banks, while noted market
The dynamic arena of banking and payment smart cards is undergoing significant changes with economic, technological, and regulatory developments shaping its future. As the industry navigates through challenges and opportunities, this article offers an in-depth look at the trends and forecasts that
The European Banking Authority (EBA)'s role extends beyond mere oversight, actively shaping the robust infrastructure necessary for a stable EU financial market. Through its rigorous EU-wide stress testing, the EBA challenges banks against hypothetical adverse market conditions, thus ensuring
At the dawn of a transformative era, the global retail banking market, valued at USD 2.05 trillion as of 2023, is forging ahead with a projected upswing to a staggering USD 3.34 trillion by 2031. This market, fundamental to the financial well-being of individuals, is elevating its stance through a
In the fast-paced world of intra-day trading, 5-minute bar charts are crucial, especially for Comex gold futures. They provide detailed insights, capturing the nuances of market behavior. Jim Wyckoff, a seasoned analyst with Kitco News, boasts over 25 years of financial experience and imparts his
In a decisive move, financial services firm Raymond James has downgraded the stock of New York Community Bancorp (NYCB) from Market Perform to Underperform. This significant change in their assessment reflects growing apprehensions about the long-term credit cost effects that could potentially
