retail banking
WASHINGTON, Oct 10 (Reuters) – Around 5% of banks globally are vulnerable to stress if central bank interest rates remain higher for longer, despite the easing of turmoil in the…
- October 11, 2023
Deutsche Bank has appointed Dominik Hennen as Head of Personal Banking. The business unit comprises the retail activities of both the Deutsche Bank and Postbank brands, serving the majority of…
- September 28, 2023
ZURICH, Sept 27 (Reuters) – UBS shares fell on Wednesday after a report that the U.S. Department of Justice has stepped up scrutiny into alleged compliance failures that helped Russian…
- September 28, 2023
LONDON/DUBLIN, Sept 18 (Reuters) – Societe Generale’s (SOGN.PA) much-hyped new strategy plans were given a thumbs down by investors on Monday, underscoring uncertainty over European banks as they face a brittle economy….
- September 20, 2023
Some banks are seeing new stresses among certain retail customers, hinting at challenges to come as a resilient US consumer navigates a series of challenges in the second half of…
- September 18, 2023
FDIC Chair Martin Gruenberg said Thursday that the US banking industry “continues to face significant downside risks” from inflation and high-interest rates, which could cause profitability and credit quality to…
- September 8, 2023
ZURICH, Sept 6 (Reuters) – The head of Switzerland’s financial watchdog FINMA has resigned nearly six months after the body drew heavy criticism for failing to prevent the collapse of…
- September 7, 2023
The new program is part of the bank’s “inclusive banking programs,” and is designed for all cannabis-related, plant-touching businesses, many of which have struggled with access to financial services. Berkshire…
- September 6, 2023
Overall, 65% of SBI’s new accounts are being opened through the app. Further, more than 500,000 remittance transactions also take place on SBI’s Yono app. State Bank of India’s ‘You…
- September 6, 2023
KEY POINTS The Consumer Financial Protection Bureau has been cracking down on so-called junk fees, especially from financial institutions. Many banks have lowered their overdraft and non-sufficient funds fees as…
- August 31, 2023