Central Banks Accelerate Gold Buying as De-Dollarization Heats up
Central banks are turbocharging their gold reserves in 2025 as global distrust in U.S. fiscal stability and dollar assets explodes.…
Tag: Banks
Japan’s Top Banks Said to Mull Joint ATM Operation to Cut Costs
MUFG Bank Ltd., Sumitomo Mitsui Banking Corp. and Mizuho Bank Ltd. are considering jointly operating automated teller machines to reduce…
Klarna Pilots a Visa Debit Card, Taking on Big Banks
Klarna, the $14.6 billion fintech startup known for its “buy now, pay later” installment loans, is expanding its offerings and…
Klarna takes on banks with its own debit card
Klarna is synonymous with the “buy now, pay later” trend of making a purchase and deferring payment until the end…
Why Scott Bessent wants to make it easier for banks to own Treasurys
Treasury Secretary Scott Bessent says US regulators are close to easing a key regulatory requirement for banks that the Trump…
White House Prepares to Ease Rules for Big Banks, Politico Says
The Trump administration is preparing to ease rules imposed on the largest US banks following the 2008 financial crisis, Politico…
Untested Banks Find Demand for Risky AT1 Bonds
Investors are so eager to buy the riskiest bank debt that they’re snatching up securities even from unproven borrowers. www.bloomberg.com…
What To Know About the African Development Bank’s New President
The new president of the African Development Bank, Dr Sidi Ould Tah, is eying closer connections with the oil-rich gulf.…
Stripe in talks with banks about stablecoin integration: report
Stripe has begun early discussions with banks about integrating stablecoins into traditional finance products, according to Bloomberg reporting. The talks…
Chinese Banks Face Liquidity Test on Deposit Exodus, Maturities
Chinese banks are set for a liquidity test in June as they face record debt maturities and a potential exodus…