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Banking marijuana-related businesses takes more resources, more attention to detail and more risk tolerance than most Arizona banks are willing to give. But this Valley bank says it has it figured out......»»

Brooklyn-based Dime Community Bank said 50% of tenants in properties it has lent to aren’t paying rent, continuing the dismal delinquency statistics from local banks. On a more positive note, the... To view the full story, click the title link......»»

The shock from coronavirus to banks is set to be greater but less prolonged than lenders faced in last year's stress test and the financial system remains resilient, the Bank of England said on Tuesday......»»

The Bank of England said Friday it's going to cancel the 2020 stress test for the eight major U.K. banks and building societies as well as delay a planned survey with the Financial Co.....»»

Italy has pledged 4.5 bln euros to fight a coronavirus outbreak at home, offering tax breaks to keep companies alive. Central banks alone are unable to kill the virus. Lisa Jucca explains the merit of practical economic measures......»»

Starting with The Bank of China’s annou.....»»

China's Banks Face $6 Trillion Coronavirus Cataclysm If Epidemic Is Not Contained Soon In a little noticed post back in November, we reported that as part of a stress test conducted by China's central bank in the first half of 2019, 30 me.....»»

Large banks with significant trading operations will have their finances tested in 2020 against a scenario that includes "heightened stress" in leveraged loans, the Federal Reserve announced on Thursday......»»

Second-tier banks in Italy, Spain and possibly Germany are likely to consider mergers this year in a bid to boost returns which are insufficient to cover their cost of equity, the chief executive of investment bank Mediobanca said......»»

A $20 Trillion Problem: More Than Half Of China's Banks Fail Centr.....»»

In September, the European Central Bank has doubled down on its negative interest rates, a policy meant to stimulate the economy by charging banks billions of euros for money they’re not lending out. At the same time, it added a new measure, call.....»»

It's bad enough that drought-like conditions and rapid population growth have stoked a shortage of water and other vital resources in G.....»»

Cannabis-industry players on Tuesday voice support for a bill that would protect banks that aim to serve the sector, as one industry veteran tells a Senate panel that not having a bank forced him to pay a $3 million tax bill in cash......»»

The U.S. Federal Reserve said 18 of the largest U.S. banks are healthy and have enough capital to justify paying some of it out to shareholders. read more.....»»

The European Central Bank pushed back the timing of its first post-crisis interest rate hike again on Thursday and said it would continue paying banks for lending in its latest effort to revive a slowing euro zone economy. David Pollard reports......»»

Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland were fined a combined 1.07 billion euros ($1.2 billion) by the European Union on Thursday for rigging the multi-trillion dollar foreign exchange market......»»

EU antitrust regulators on Thursday fined Barclays, Citigroup, JPMorgan, MUFG and Royal Bank of Scotland a total of 1.07 billion euros ($1.2 billion) for rigging the spot foreign exchange market for 11 currencies......»»

One of Israel's largest banks has agreed to pay $195 million for helping U.S. citizens avoid paying taxes by stashing their assets in offshore accounts......»»

Italy's largest bank by assets, UniCredit, has reported its best first quarter in more than a decade, with net profits up 22 percent to 1.1 billion euros ($1.3 billion)......»»

Markets Insider Shares in Germany's biggest bank, Deutsche Bank, were plummeting Tuesday morning as market turmoil surrounding the Italian political crisis spread to the shares of global banks. By about 11:20 a.m. BST (6:20 a.m. ET), Deutsche Bank's s.....»»