News - Page 8

TLDR: Turkey’s central bank is expected to maintain its current policy stance following a recent shake-up in its leadership. The new governor, Naci Agbal, has pledged to maintain a tight monetary policy

In the last quarter of 2023, credit terms in euro-denominated securities financing and over-the-counter derivatives markets remained unchanged, according to a survey conducted by the European Central Bank (ECB). The survey collected

Harrington Starr, a financial technology recruitment firm, is hosting an event on International Women’s Day to address the barriers women face in the fintech industry. The event will take place on March

TLDR: Hong Kong and mainland Chinese banks are preparing for a new cross-border payment regime that will allow Hong Kong and Macau homebuyers to transfer the funds needed to purchase property in

Fed Chair on Silicon Valley Bank and regulations – CBS News TLDR: The Federal Reserve is working on regulations to prevent failures like Silicon Valley Bank, according to chairman Jerome Powell in

TLDR: Hong Kong banks are offering a range of incentives to attract new clients and depositors for the Lunar New Year. HSBC is hosting fireworks dinners and horse racing events for select

TLDR: Singapore billionaire banker and property developer Wee Cho Yaw died at the age of 95. Under Wee Cho Yaw’s leadership, United Overseas Bank (UOB) grew from one branch to a regional

TLDR: The fintech sector is beginning to see signs of recovery after a turbulent period. Eight key themes will power the comeback of fintech in 2024, including: Consolidation within the neobank and

TLDR: Solvay Bank, based in Onondaga County, New York, is expanding its territory to include the Mohawk Valley region. The bank sees the region’s demographics and small-business climate as similar to its

TLDR: A former city official has been sentenced to 18 months in prison for his role in concealing a multimillion-dollar embezzlement scheme that led to the collapse of Washington Federal Bank for