Europe's leading banks, including Deutsche Bank and Lloyds Banking Group, have raised concerns over the escalating threat of bad loans amidst the current global economic challenges marked by sluggish growth and surging inflation.

Bad loans: Europe's banking sector's new arch-nemesis?

NatWest boss Dame Alison Rose has stepped down as chief executive officer immediately after she admitted to being the source of an inaccurate story about Nigel Farage's bank account, Sky News reported on Wednesday (July 26).

Nigel Farage bank account leak leads to resignation by NatWest boss

Goldman Sachs reported a steep drop in second-quarter profits Wednesday (July 19) as it continued to struggle with an anemic merger and acquisition market and weakness in trading.

Goldman Sachs reports 62% drop in Q2 profits on low merger activity

As the threat of El Nino effect looms large, financial institutions and farmers in India are increasingly concerned about its potential consequences on agricultural loans.

Financial Institutions on high alert as El Nino poses risk to farm loans, says report 

Dr Sunil Rai, Vice-Chancellor, University of Petroleum and Energy Studies, talks about the impact of coronavirus on various sectors, like Oil and Gas, Banking, MSMEs, Agriculture, and how can they overcome the economic fallout.

Video Opinion: What can various sectors do to overcome the economic impact of coronavirus

US stocks rose sharply on Wednesday, fueled by optimism over a potential deal on the $31.4 trillion federal debt ceiling and as a rebound in regional bank shares eased concerns about an escalation in the sector's troubles.

Wall St rallies on debt ceiling optimism, regional bank rise

Two senior members of the European Central Bank (ECB) have taken a stand against the banking & finance industry's failure to promote gender diversity in its upper ranks.

Banking's gender gap exposed: ECB and IMF call for diversity revolution

The US banking regulators made an announcement Monday morning of closing the crisis-hit San Francisco-based bank First Republic and selling off the lender's majority deposits of $93.

JPMorgan to acquire San Francisco-based bank First Republic as US regulators announce deal

Stress in the banking sector is being closely monitored for its potential to trigger a credit crunch, a U.S. Federal Reserve policymaker said recently, as a European Central Bank official also flagged a possible tightening in lending.

Banking stress puts U.S. and Europe on watch for credit crunch

Calling for an independent probe into the Silicon Valley Bank (SVB) collapse, US Senator Elizabeth Warren on Sunday (March 19) said that banking regulations needed to be tougher.

Banking regulations need to be tougher, says Elizabeth Warren

The Institute of Banking Personnel Selection (IBPS) released the Specialist Officer Preliminary Examination (CRP SPL-XII) results today, 17 January 2023. The IBPS SO Prelims Result 2022 may be checked and downloaded by candidates who took the tests by going to the official website at ibps.

IBPS SO Prelims Result 2022 declared, follow these steps to check results & scores

HSBC has agreed to sell its business in Canada to the Royal Bank of Canada for $10 billion – a deal that has the potential to make RBC one of the leading players in the banking market.

HSBC agrees to sell its business in Canada to Royal Bank of Canada for $10 billion

China arrested hundreds of people allegedly involved in the nation’s largest ever bank scandal, as the country gears up for the 20th Communist Party Congress. Molly Gambhir tells you more.

WION Fineprint |China arrests hundreds over banking scandal that sparked rare protests

Digital banking has made our lives easier. We can make transactions and access all banking-related information with a few clicks. And now a new technology aims to take your banking experience to a whole new level. But how? Watch the video to know more.

Metaverse banking: A step above net-banking | Tech It Out

The Indian banking system played a vital role in shaping the economy of the country. The banking system came into existence before India got independence in 1947.

India@75: From money lenders to digital payments, how the Indian banking system was transformed

Russia’s conflict with Ukraine has been deepening with every hour. The West seems to be over-relying on the sanctions against Moscow to deter President Vladimir Putin.

‘SWIFT’ has the power to put Russia on back foot. But what is it actually?

High bonuses to already well-paid British bankers are creating a lot of negative buzz with at least one workers' union describing it as a 'kick in the teeth for everyone suffering with the cost of living crisis'.

UK: High bonuses to top management in banking draws ire of unions

The key Indian equity indices rose on Monday morning with the BSE Sensex gaining over 500 points. It soared nearly 524 points to touch an intra-day high of 49,256.

Sensex up 500 points; banking, finance stocks surge 

Fraudsters are using various tricks to cheat people and defraud them of their money. Watch the video to know more

Don't fall prey to online scams on Paytm, WhatsApp and other popular apps

In the the last 138 years, Japan’s central bank just now appointed its first female executive director. Tokiko Shimizu, 55, was appointed as one of the six executives that look after the bank’s daily basic operations.

Bank of Japan appoints first female executive director in 138 years

In China, Banking & insurance companies announce measures to support Chinese manufacturers which are hardly hit by Coronavirus outbreak.

China: Banking, insurance companies announce measures to support manufacturers facing worst

Disruption has become a clichéd word almost rinsed of meaning by its quotidian use. But, this does not divest the term and its practice from its potency. Disruption in the world of business, finance and commerce is real and it is forcing incumbents to adapt, adopt or wither away or even die.

Digital disruption: Can traditional banking hold its own?

A concentrated burst of interest rate cutting and other measures to loosen global financial conditions by the world's central bankers looks to have largely run its course, and policymakers now appear content to wait and see if their handiwork staves off a deeper slowdown in the months ahead.

Big central banks go into 'wait-and-see' mode

Scores of depositors of the scam-hit Punjab and Maharashtra Cooperative (PMC) Bank staged a protest here on Saturday demanding the removal of restriction on cash withdrawal imposed by the Reserve Bank of India (RBI), which is currently capped at Rs 40,000 for six months.

PMC Bank scam: Depositors stage protest in Mumbai

banking

Banking, News on Banking, stories on Banking, articles on Banking, Banking stories at Wion, Banking news, Banking latest news