banking

The banks settled a cross-border transfer from Singapore to the U.S. in minutes on Saturday, bypassing conventional two-day settlement cycles via SWIFT's digital infrastructure.

The London fintech secured preliminary clearance to operate as a national bank, pending Federal Reserve and FDIC sign-off before its targeted 2027 U.S. launch.

Sashidhar Jagdishan will leave India's largest private lender when his term ends Oct. 26, ending weeks of speculation and opening the door to an internal or external replacement.

A consortium of state banking associations plans a blockchain network for tokenized deposits by 2027, but has not disclosed consensus mechanisms, governance structures, or secured participation from any major lender.

Nigeria's central bank opened OMO auctions to individuals and firms and lifted key bank borrowing restrictions, separating daily cash management from its rate-driven inflation strategy.

The largest U.S. bank posted $21.2 billion in net income for Q2—the biggest quarterly profit ever recorded by a U.S. bank—fueling bullish analyst revisions.

A four-year Senate Finance Committee investigation concludes Deutsche Bank, JPMorgan Chase and Bank of America facilitated over $1 billion in suspicious transfers.

Clients of cantonal bank BancaStato can now buy, sell and hold Bitcoin, Ether, Litecoin and Solana directly through its banking app, powered by Sygnum Bank's regulated infrastructure.

Financial strategist Lindsey Einhaus urged traditional institutions to evaluate digital asset options, citing clear market maturation and growing user demand

Singapore bank's earnings miss signals tightening credit conditions across Asia-Pacific, driving flight to quality in global bond markets

Paul Grewal said banking sector remains unhappy it could not eliminate crypto rewards, urging banks to accept regulatory clarity

Chad Cascarilla says stablecoins operate differently from money market funds, ensuring traditional banks maintain customer deposits and market share