banking

Banking is an industry that handles cash, credit, and other financial transactions. Banks provide a safe place to store extra cash and credit. One key step towards financial independence is having a solid banking account.

Wells Fargo Could Name Interim CEO As Permanent Replacement
Wells Fargo Could Name Interim CEO As Permanent Replacement
June 06, 2019  |  Personnel

Wells Fargo & Co., the bank still reeling from its fake account scandal, could name interim Chief Executive Allen Parker as its permanent CEO. Get...

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ECB Policymaker Calls Bank Consolidation ‘Desirable’
ECB Policymaker Calls Bank Consolidation ‘Desirable’
June 05, 2019  |  Europe

A European Central Bank (ECB) policymaker has called bank mergers in the EU “desirable,” but admits that it’s ultimately up to individual banks to decide...

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Post-Baoshang Takeover, China Aims To Reassure Investors
Post-Baoshang Takeover, China Aims To Reassure Investors
June 02, 2019  |  Bank Regulation

China’s Central Bank said over the weekend that there won’t be any more takeover of banks after the government’s intervention with Baoshang Bank, an Inner...

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Yields Yielding (Poached) Customers For Online Banks?
Yields Yielding (Poached) Customers For Online Banks?
May 31, 2019  |  Digital Banking

When money leaves accounts, it’s gotta go somewhere – if not for a transaction, then to another account. Get the Full Story Complete the form...

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Goldman Seeks To Win Business From Mid-Sized Firms
Goldman Seeks To Win Business From Mid-Sized Firms
May 31, 2019  |  Banking

As part of its strategic plan, investment firm Goldman Sachs aims to win the business of more mid-sized companies. It also plans to spend $4 billion technology...

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Coinfloor Connects Crypto Firms To Current Accounts
Coinfloor Connects Crypto Firms To Current Accounts
May 31, 2019  |  B2B Payments

U.K.-based bitcoin exchange Coinfloor is collaborating with Enumis to provide current account services to businesses that handle cryptocurrencies, according to reports in TokenPost on Thursday...

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Irish Mortgage Lender Must Pay €21M For Fleecing Interest Fees
Irish Mortgage Lender Must Pay €21M For Fleecing Interest Fees
May 31, 2019  |  Loans

Ireland’s central bank announced that it has fined a state-backed mortgage lender €21 million for overcharging its customers. Get the Full Story Complete the form...

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JPMC Customers Leave For Higher-Interest Alternatives
JPMC Customers Leave For Higher-Interest Alternatives
May 30, 2019  |  Banking

Deposit growth at banking giant JPMorgan Chase is slowing because customers are taking out money and stashing it in accounts at other banks that have...

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HSBC’s Banking Robot Pepper Debuts In Miami
HSBC’s Banking Robot Pepper Debuts In Miami
May 30, 2019  |  Banking

HSBC Bank USA, a unit of HSBC Group, announced Thursday (May 30) the launch of Pepper, the humanoid robot it developed with SoftBank Robotics America,...

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