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Britcoin? British Government Considers Its Own Digital Currency
The Bank of England and Her Majesty's Treasury are seeking to plant the Union Jack in the midst of the digital currency realm with Britcoin. read more.....»»
First Foundation CEO seeks Texas acquisition after moving HQ to Dallas
CEO Scott Kavanaugh said the bank is looking to make a deal in the Lone Star State to expand its local presence......»»
BMO Harris Bank, 1871 open applications for women-led Fintech startup accelerator
BMO Harris Bank, which has a local presence in Wisconsin, announced a nationwide call for applications for its women-led fintech startups accelerator program, WMN-FINtech......»»
Montgomery County Land Bank receives $3M for affordable housing projects
Additional demolition funding awarded to the Montgomery County Land Bank will create opportunities to grow the area’s inventory of affordable housing for low and moderate income families, including an $8 million project in west Dayton......»»
Bank of England signals it"s not worried by rising bond yields as it leaves monetary policy unchanged
The Bank of England did not push back on rising bond yields, saying they were a result of stronger growth expectations. The Bank of England left mone.....»»
Bank of England leaves Bank Rate unchanged at 0.1%, asset buys at GBP895B
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Bank of England makes no changes and says no tightening until "significant progress" made
The Ba.....»»
: SoFi plans to acquire community bank to speed up bank-charter process
Social Finance Inc. plans to acquire a small community bank as it seeks to "accelerate" its own process of obtaining a bank charter......»»
Bank of America touts record year for community development projects
Bank of America Corp. logged a record year in 2020 with its community development banking initiatives. The bank contributed $5.87 billion in loans, equity investments and other real estate support — about $1 billion more than the previous year......»»
Bank of England says it was appropriate to start preparing for negative interest rates
The Bank of England on Thursday said it was time to start preparing for negative interest rates. "While the Committee was clear that it did not wish to send any signal that it intended to set a negative Bank Rate at some p.....»»
London Markets: Pound rises as Bank of England says there won’t be negative interest rates for at least 6 months
The pound rose on Thursday after the Bank of England tried to be as cautious as possible in saying it was time to start preparations for adding negative interest rates to its tool kit......»»
Bank of England downgrades UK growth forecast for 2021 after new lockdown - but holds interest rates as vaccine rollout picks up
The Bank of England was more pessimistic about 2021 growth, but said the UK's speedy vaccine rollout will boost the economy further out. .....»»
What you need to know on the markets this week: "Eat the rich" - Robinhood"s reckoning after GameStop, the Bank of England"s toolbox, and blockbuster earnings
Day-traders sent the market into a tailspin after an epic short-squeeze of GameStop and other stock.....»»
Analysts weigh in on how Wells Fargo"s layoffs, other cuts are playing out
Widespread layoffs are underway at Wells Fargo & Co., as the bank seeks to slash costs and build efficiency......»»
In seeking incentives for $80M Grand Center deal, developers address concerns over taxes, stalled projects
The group behind a redevelopment near Saint Louis University says it has made "significant strides" in fixing blight at its other city properties as it seeks tax abatement for a project to redevelop Jesuit Hall in Grand Center......»»
San Francisco moves closer to creating nation’s first city-owned public bank
A San Francisco Public Bank could use the city's substantial financial firepower to support economic development, affordable housing, green projects and small business lending, supporters said......»»
Fifth Third Bank sues recycler Recleim over $13M unpaid debt
Cincinnati, Ohio-based Fifth Third seeks in a complaint filed Jan. 14 in federal court in Atlanta to have the court appoint a receiver to run Recleim......»»
River City Bank expands North Bay presence with new Petaluma office
The bank seeks to serve middle-market companies in Marin, Napa and Sonoma counties from the new office......»»
: Former Bank of England Governor Mervyn King sees risk of another global financial crisis
Another financial crisis, this time sparked by rising corporate and sovereign debt, is a risk, said former Bank of England Governor Mervyn King......»»