The Brazilian Central Bank has floated a proposal that would let FinTechs lend money but which would also curtail them from taking deposits, as might be seen in a traditional commercial banking relationship, according to news by Reuters. The proposed rules would, in part, find precedent...
July 25, 2018
Banco Santander was able to offset emerging market currency volatility and a slowdown in U.K. during its second quarter, reporting net income that surpassed Wall Street views. According to a report in Bloomberg, citing the Spanish bank, Santander posted net income of $2 billion for the June ending quarter, surpassing Wall Street views, with earnings […]
August 31, 2017
The Brazilian Central Bank has floated a proposal that would let FinTechs lend money but which would also curtail them from taking deposits, as might be seen in a traditional...
