Banking

The banking system is a cornerstone of the global financial system. Understanding how banks operate, how they respond to economic conditions, and what their leaders expect can provide valuable insights into financial markets and potential changes in asset valuations.

Marina Lyubimova Marina Lyubimova Banking
6 years ago

Sven Henrich Claims that the Banking Sector (BKX) is Recovering

The banking sector is slowly moving through the recovering stage after a drop in spring, according to the analyst, Sven Henrich.

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Marina Lyubimova Marina Lyubimova Banking
6 years ago

Eurozone Will Abandon Visa (V) & Mastercard (MA) In Favor Of Its Payment Platform

The ECB announced an initiative to develop its own payment system bypassing Visa and Mastercard.

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Usman Salis Usman Salis Banking
6 years ago

European System Of Central Banks Supports Non-Euro Area Central Bank With Additional Liquidity

Eurosystem REPO facility for Central banks (EUREP) introduced as a prudent backstop to meet the Euro's pandemic-related liquidity needs outside the Eurozone

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Saad Ullah Saad Ullah Banking
6 years ago

ECB Lent €1.31 Trillion to Financial Institutions

Banks have borrowed 1.31 trillion Euros from the Central Bank of Europe, making use of the negative lending rates to meet the increasing demand for loans.

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Saad Ullah Saad Ullah Banking
6 years ago

Square Lets US Residents Receive Corona Virus Stimulus Directly in Their Cash App

Square has announced that US individual residents will be able to receive their corona virus stimulus help through their Cash App.

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Saad Ullah Saad Ullah Banking
6 years ago

JP Morgan Chief Warns Shareholders of “Bad Recession” Up Ahead

In his annual letter to the shareholders, JP Morgan Chief has said they should be prepared for a bad recession.

Saad Ullah Saad Ullah Banking
6 years ago

IMF’s Deputy Managing Director Talks on Centrally Backed Digital Currencies

Tao Zhong discussed Centrally Backed Digital Currencies in a speech he gave to an audience at the London School of Economics.

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Saad Ullah Saad Ullah Banking
6 years ago

Italian Bank Opens up Bitcoin Trading to Ease Lock down Due to COVID19

An Italian bank is encouraging its customers to use Bitcoin by launching a crypto trading service during the Corona Virus (COVID19) lock down.

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Saad Ullah Saad Ullah Banking
6 years ago

Ripple Continues to Expand Wings as National Bank of Egypt Joins Network

Ripple and National Bank of Egypt have signed an agreement to utilize the blockchain platform’s banking network.

Saad Ullah Saad Ullah Banking
6 years ago

40 Plus German Banks Interested in Offering Crypto Services to Clients Under BaFin Law

Over 40 banks in Germany have expressed their desire to support cryptocurrency services under the new law by the German financial regulator, BaFin.

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Saad Ullah Saad Ullah Banking
6 years ago

Visa to Launch Token Service This Year

The Visa Token Service (VTS) is estimated to provide an eCommerce value of nearly USD 1 trillion globally in 2020.

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Saad Ullah Saad Ullah Banking
6 years ago

Hong Kong and Thailand Come Ever Closer to Launch DLT Based Cross Border Remittance

Thailand and Hong Kong lead the cross border remittance in the region.

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Saad Ullah Saad Ullah Banking
6 years ago

Royal Bank of Canada Looks into the Possibility of Launching Own Crypto Exchange

Royal Bank of Canada, the largest in the country, is mulling over launching its own cryptocurrency exchange.

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Saad Ullah Saad Ullah Banking
6 years ago

U.S. Federal Reserve Says Economy is “Not Sustainable”. Are Cryptocurrencies the Answer?

United States Federal Reserve Chief has said that the financial policies of the country are not designed to sustain.

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Saad Ullah Saad Ullah Banking
6 years ago

HSBC Explores Blockchain Based Bonds with Singapore Stock Exchange

Financial giant HSBC is investigating the possibility of using decentralized ledger technologies with Singapore Exchange for issuing of bonds.

Saad Ullah Saad Ullah Banking
6 years ago

Tunisia Surprises World by Launching First Ever CBDC

The North African country of Tunisia has become the first country in the world to launch its Centrally Backed Digital Currency (CBDC).

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Saad Ullah Saad Ullah Banking
6 years ago

Blockchain Bank by Tencent Approved by Hong Kong Regulators

Tencent, the Chinese internet giant, has been allowed by the Hong Kong Securities and Future Commission (SFC), to open a blockchain based virtual bank.

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Saad Ullah Saad Ullah Banking
6 years ago

Standard Chartered Joins Hands with Enterprise Ethereum Alliance

Banking giant Standard Chartered has made a decision to join the Enterprise Ethereum Alliance.

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Saad Ullah Saad Ullah Banking
6 years ago

U.S. Federal Reserve has Opening for Retail Manager, Should Also Study Cryptocurrencies

The United States Federal Reserve is looking for a manager for its Retail Payments department with proficiency in cryptocurrencies and digital monies.

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Saad Ullah Saad Ullah Banking
6 years ago

German Banks Want Crypto Euro

The collection of German banks have declared their wish to see a crypto Euro that would become the default digital payment currency within the EU.

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