Tag
banking
8 articles
CBN Splits Liquidity Management From Inflation Fight in Money Market Overhaul
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.
JPMorgan Raises Dividend 10%, Analysts See Path to $420 as Profit Hits Record
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.
Wyden Report: Banks Enabled Epstein's Sex Trafficking, Laundered $1 Billion
A four-year Senate Finance Committee investigation concludes Deutsche Bank, JPMorgan Chase and Bank of America facilitated over $1 billion in suspicious transfers.
Swiss BancaStato Opens Regulated Trading in 4 Cryptos via Sygnum
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.
Banks Face $80 Billion Crypto Gap as Einhaus Pushes Integration
Financial strategist Lindsey Einhaus urged traditional institutions to evaluate digital asset options, citing clear market maturation and growing user demand
UOB Q1 Profit Drops 18% As Asia Banks Face Margin Pressure—10-Year Treasury Falls
Singapore bank's earnings miss signals tightening credit conditions across Asia-Pacific, driving flight to quality in global bond markets
Coinbase CLO: Banks 'Miffed' After Failed Push to Kill Crypto Yield Products
Paul Grewal said banking sector remains unhappy it could not eliminate crypto rewards, urging banks to accept regulatory clarity
Paxos CEO: Stablecoins Pose No Bank Threat Despite $8 Trillion Money Market Scale
Chad Cascarilla says stablecoins operate differently from money market funds, ensuring traditional banks maintain customer deposits and market share