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Tag: Banks

AA Owners Lining Up Banks to Lead Sale or Listing, Sky Reports
Global Economy

AA Owners Lining Up Banks to Lead Sale or Listing, Sky Reports

The owners of UK breakdown recovery service AA Ltd are seeking banks to lead a sale or listing of the…

nileshsha@hotmail.comMay 24, 2025
EU Weighs Cutting 20 Banks From SWIFT in New Russia Sanctions
Global Economy

EU Weighs Cutting 20 Banks From SWIFT in New Russia Sanctions

The European Union is considering cutting more than 20 banks from SWIFT, the international payments system, as well as lowering…

nileshsha@hotmail.comMay 24, 2025
US banks plot joint stablecoin as regulation looms over crypto sector
Bitcoin

US banks plot joint stablecoin as regulation looms over crypto sector

JPMorgan Chase, Bank of America and other major banks are reportedly exploring a shared stablecoin to keep pace with rising…

nileshsha@hotmail.comMay 24, 2025
Wall Street’s Crypto Coup? Mega Banks Quietly Gear Up for Stablecoin Entry
Bitcoin

Wall Street’s Crypto Coup? Mega Banks Quietly Gear Up for Stablecoin Entry

America’s leading financial institutions are eyeing stablecoins, and a recent report reveals that multiple banks are quietly collaborating on ventures…

nileshsha@hotmail.comMay 23, 2025
Major U.S. Banks, Like JPM, Citi, BoFA, and Others, Mull Joint Stablecoin Launch: WSJ
Bitcoin

Major U.S. Banks, Like JPM, Citi, BoFA, and Others, Mull Joint Stablecoin Launch: WSJ

Major U.S. banks are weighing launching a joint stablecoin to fend off crypto competition. Financial heavyweights like JPMorgan Chase (JPM),…

nileshsha@hotmail.comMay 23, 2025
Wall Street, Aussie Banks Stuck With DAZN’s Foxtel Buyout Loan
Global Economy

Wall Street, Aussie Banks Stuck With DAZN’s Foxtel Buyout Loan

Some of Wall Street and Australia’s largest banks are stuck holding part of an A$1.8 billion ($1.2 billion) loan backing…

nileshsha@hotmail.comMay 23, 2025
This investor banks on Munger’s advice to ride out volatility in markets and Tesla
Stock Market

This investor banks on Munger’s advice to ride out volatility in markets and Tesla

Money manager Christopher Tsai says he pays scant attention to daily market ups and downs, except to look for stock…

nileshsha@hotmail.comMay 22, 2025
EU, Arab diplomats come under Israeli fire in occupied West Bank’s Jenin | Israel-Palestine conflict News
World News

EU, Arab diplomats come under Israeli fire in occupied West Bank’s Jenin | Israel-Palestine conflict News

A diplomatic delegation from the European Union, Arab and Asian nations has come under Israeli fire while visiting the Jenin…

nileshsha@hotmail.comMay 21, 2025
Bank of England tightens rules for foreign banks with high-value deposits
Global Economy

Bank of England tightens rules for foreign banks with high-value deposits

Stay informed with free updates Simply sign up to the UK banks myFT Digest — delivered directly to your inbox.…

nileshsha@hotmail.comMay 20, 2025
Chinese Banks Cut Benchmark Lending Rates After PBOC Easing
Global Economy

Chinese Banks Cut Benchmark Lending Rates After PBOC Easing

Chinese banks lowered their benchmark lending rates for the first time in seven months, in a move telegraphed by officials…

nileshsha@hotmail.comMay 20, 2025

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