A new report reveals how large banks abandoned fair access standards in favor of a Chinese-style social credit system, denying financial services to Christians, pro-lifers, conservatives, and businesses in politically disfavored industries. Imagine a world where you can’t get a…
The Central Bank of Egypt (CBE) approved rules governing banks’ use of banking agents to provide selected banking services on their behalf. The move is part of the central bank’s efforts to promote financial inclusion and expand access to formal…
JM Financial Limited reported consolidated profit after associates of Rs 227.66 crore for the quarter ended 30 September 2026, down 13% from Rs 261.89 crore a year earlier, as finance costs rose 68% to Rs 258.44 crore while revenue from operations was broadly unchanged at Rs 1,032.22 crore.
Thu Nov 05, 2026 November 5, 2026 10:18 AM GMT+1 The Independent Media and Policy Initiative (IMPI) says the planned expansion of global financial giant JP Morgan Chase into Nigeria’s banking industry could attract more Foreign Direct Investments (FDIs) by strengthening investor confidence and improving…
ANZ plans to increase its Business & Private Bank staff by up to 50% by 2030. ANZ has appointed the first 20 graduates of its Business & Private Bank Banker Academy to associate relationship manager roles. The academy graduates were selected from the Australian bank’s…
Morgan Stanley has begun tokenizing US equities and Treasury securities through the Depository Trust & Clearing Corporation's (DTCC) new Tokenization Service, becoming one of the first financial institutions to use the infrastructure following its launch on October 28. The bank confirmed the…
Unique insights into the institutions and personalities that shape banking and drive global markets Americasâ transaction banking banker of the year 2026: Scotiabankâs Chad Wallace For Chad Wallace, transaction banking at Scotiabank starts with how clients run their businesses â…
Transfers & Postings · BFSI Josh Barnes takes over as Bank of America's Knoxville market president, succeeding Terry L. Cline, who retired earlier this year. ✦ AI SUMMARY 30-second read Why it matters: The appointment continues Bank of America's push to deepen client…
A foreign bank branch in the UAE has been fined Dh200 million after regulators uncovered repeated compliance failures. Its CEO and compliance head also face individual penalties, while the Central Bank has ordered mandatory corrective action. The UAE Central Bank has…
Not only that, but the agency also warned that the use of agentic AI frameworks can allow attackers to carry out these activities at machine speed. This can make cyberattacks faster and potentially harder for organisations to detect before damage…
JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley as businesses: strategy, leadership, deals, job cuts and new ventures.
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