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Hong Kong and banks including HSBC and Standard Chartered are launching a blockchain-based trade finance platform

REUTERS/Bobby Yip Hong Kong's banking regulator and seven banks, including HSBC and Standard Chartered, will jointly launch a trade finance platform in September. The sector is often described as one .....»»

Category: topSource: businessinsiderJul 17th, 2018

Big Banks Deliver Mixed Results, But JP Morgan Stands Out With Strong Quarter

Big banks stepped up to the plate Friday morning and took the first swings at Q2 earnings season. While JP Morgan (JPM) sent the ball soaring toward the fences, two other major banking firms appeared to have sli.....»»

Category: earningsSource: benzingaJul 13th, 2018

Chase Bank to branch out with more Central Florida locations

The expansion comes at a time when many banks are rethinking or removing their brick-and-mortar locations as technology continues to disrupt the banking industry......»»

Category: topSource: bizjournalsJul 13th, 2018

Bank earnings; Trump crushes pound; J&J ordered to pay billions

1. Banking on results: It's time for big banks to report their quarterly earnings......»»

Category: topSource: moneyJul 13th, 2018

Revolution Of Investment Banking By Predictive Analytics

Predictive analytics aims to exploit patterns found in the available data banks. These patterns are required to identify the relationships between various factors, which allows the assessment of potential risks l associated with a parti.....»»

Category: blogSource: valuewalkJul 9th, 2018

FDIC, state banking commissioner end BB&T consent order

Winston-Salem-based BB&T Corp (NYSE: BBT) says the Federal Deposit Insurance Corporation and the N.C. Office of the Commissioner of Banks have ended their joint consent order over deficiencies in its anti-money-laundering compliance program. Neit.....»»

Category: topSource: bizjournalsJun 29th, 2018

Stocks surge as banking sector rallies for a second day

Stocks rose sharply Friday, boosted by gains in banks and Nike, but were still headed for weekly losses as the underlying market sentiment was soured by anxiety over global trade frictions......»»

Category: topSource: moneycentralJun 29th, 2018

Stocks surge as banking sector rallies for a second day

Stocks rose sharply Friday, boosted by gains in banks and Nike, but were still headed for weekly losses as the underlying market sentiment was soured by anxiety over global trade frictions......»»

Category: topSource: moneycentralJun 29th, 2018

L.A. City Council OKs new banking disclosures prompted by Wells Fargo scandal

Banks that do business with the city of L.....»»

Category: topSource: latimesJun 26th, 2018

Alexa, I can trust you with my checkbook, right?

Big banks are starting to offer banking through Amazon's Alexa, Apple's Siri, and Google's Assistant......»»

Category: topSource: moneycentralJun 21st, 2018

Study: Boston ranks as fifth most expensive, but here"s why it"s worth it

Boston ranks as the fifth-most expensive city among 40 global cities, according to a comparison of the cost of doing business for the banking and financial services industry. But banks and financial services firms are prioritizing technologies such as.....»»

Category: topSource: bizjournalsJun 18th, 2018

Asked if discrimination exists, top banking regulator says he has "personally never observed it"

Joseph Otting, comptroller of the currency, is leading an effort to revamp the Community Reinvestment Act, which penalizes banks that discriminate against borrowers......»»

Category: topSource: washpostJun 15th, 2018

Proposed US banking fix for marijuana may not open all doors

A proposal in Congress to ease the U.S. ban on marijuana could encourage more banks to do business with cannabis companies, but it appears to fall short of a comprehensive fix. .....»»

Category: topSource: moneycentralJun 14th, 2018

Jeweler Behind $2BN Indian Bank Fraud Reportedly Seeking Political Asylum In London

Four months after news of India's largest-ever banking scandal burst into the headlines when authorities discovered that a series of shell companies tied to a famous Indian jeweler had stolen nearly $2 billion from state-owned banks using an .....»»

Category: blogSource: zerohedgeJun 12th, 2018

Digital-only banks grapple with integrating ‘human’ interaction into their products

Digital-only banking brands are creating as many human touch points as possible to foster customer comfort and .....»»

Category: blogSource: TradestreamingJun 12th, 2018

Wells Fargo Is the Latest Bank to Bar Consumers From Buying Bitcoin While Using Its Credit Cards

The decision follows similar announcements by other banks. Yet another banking giant, worried about the asset’s volatility, is banning cryptocurrency purchases using its credit card. America’s third largest bank by assets, Wells Fargo.....»»

Category: europeSource: fortuneJun 11th, 2018

Swiss vote down "dangerous" overhaul of banks

Swiss voters have overwhelmingly rejected a proposed overhaul of the country's banking system that had been described as "dangerous" by its critics......»»

Category: topSource: cnnJun 10th, 2018

Switzerland vote could prevent banks from "creating" money

This weekend, Swiss voters will vote in a referendum that could dramatically transform the global banking industry......»»

Category: topSource: moneycentralJun 6th, 2018

Switzerland to vote in referendum that could prevent banks from "creating" money

This weekend, Swiss voters will vote in a referendum that could dramatically transform the global banking industry......»»

Category: topSource: moneycentralJun 6th, 2018

Australia charges 3 banks plus 6 execs with cartel crimes

Australia has laid cartel charges against banking companies Citigroup, Deutsche Bank and ANZ plus six bank executives over the sale of 2.5 billion Australian dollars ($1.9 billion) in ANZ shares to institutional investors three years ago......»»

Category: topSource: foxnewsJun 6th, 2018