Latest News for: Banking retail


Turkish Crypto Exchange BtcTurk Faces Cyber Attack, Wallets Compromised

CoinGape 22 Jun 2024
Seeing the rising demand for crypto, retail banking institutions in Turkey are also willing to support digital assets transactions ... As a result, the bank’s customers will now be able to trade ...

China hawk: Fix symbolic, ineffective US sanctions

Asiatimes 22 Jun 2024
“If all of a sudden a paper company is dealing with tens of millions of dollars of transactions overnight, that should send a red flag to the banks.” ... VPower’s clients include big Chinese banks, retail brands and the Hong Kong government.

How we’ll know that real estate prices are softening

LA Daily News 22 Jun 2024
Recently, we discussed price reductions and the factors that cause them ... The economic cycle stages.. 1. Vacancies narrow ... 2. Rents grow ... 3 ... 4 ... 5 ... 6 ... What retail apocalypse? Shopping centers are back ... Pimco warns of more regional bank failures on property pain ... .

Years after the end of COVID, NYC remains trapped in ‘Long Lockdown’

New York Post 22 Jun 2024
My heart sinks whenever a bank, health care, retail or government employee tells me they’re “working from home” — a sure sign they’ll do everything wrong when they’re done feeding their kids and cats.

NatWest swoops on retailer Sainsbury’s banking business

CyprusMail 21 Jun 2024
NatWest (NWG.L) has struck a deal to acquire most of the banking business of UK retailer Sainsbury’s (SBRY.L), the companies said on Thursday, in a deal that would increase the British lender’s assets by 2.5 billion pounds ($3.2 billion).

Switching rate increases for mortgage borrowers at non-lending service firms

The Irish Times 21 Jun 2024
Central Bank-published study finds rate at which lower-risk borrowers are leaving non-lending service firms has been higher than the switching rate away from retail banks in recent months ... banks.

Brits defy damp May to hit the shops with clothing and furniture driving a 2.9% ...

The Daily Mail 21 Jun 2024
'Retail sales have bounced back. With inflation down to the Bank's 2 per cent target, consumer confidence at the highest level since November 2021 and a 2.9 per cent increase in retail sales volumes, consumer activity is picking up.

DCB Bank: MOSL upgraded this private bank to ‘buy’, sees over 23% upside – 5 key reasons why

Live Mint 21 Jun 2024
The bank is expected to deliver an 18 percent CAGR in its overall balance sheet for FY24-26, with advances and deposits growing at 19-20 percent CAGR during the same period, said MOSL.Retail mix rising; branch expansion to aid business growth.

Credit growth to remain low unless government’s work on structural reforms continues

Independent online (SA) 21 Jun 2024
The banks, in response to the challenging environment, had in 2024 markedly reduced their appetite for extending credit, especially to their retail client bases, and they had also tightened credit-granting criteria aggressively.

B&M European Value Retail ‘not such a bargain’

The Times/The Sunday Times 21 Jun 2024
The American bank thinks that the discount retailer will suffer a decline in its profit margins over the next year as grocers such as Tesco challenge B&M for its cost-conscious customers through ...

BDO is PH's Top Cash Management Provider for 6th straight year

The Manila Times 21 Jun 2024
A specific market gap that BDO CMS aimed to address was the challenge that ailed many biggest retailers in the Philippines. finding the right bank partner with both the experience and the scale to ...

Oppo A3 Pro launched in India with MediaTek Dimensity 6300 SoC: Check price and specifications

Live Mint 21 Jun 2024
Starting today, the smartphone can be purchased through the Oppo India online store, Amazon, Flipkart, and select offline retail outlets.Customers using HDFC Bank, SBI Cards, IDFC First Bank, Yes ...

Top Global Bank to Launch Spot Crypto Trading Desk for Bitcoin and Ether

Crypto Economy 21 Jun 2024
A representative from the bank stated. ... Libeara has made a significant impact in the fintech industry, especially as a finalist in the Global Retail Central Bank Digital Currency (CBDC) Challenge organized by the Monetary Authority of Singapore (MAS).

Popular sporting goods chain files Chapter 11 bankruptcy

The Capital Journal 21 Jun 2024
The Connecticut-based sporting goods and apparel retail chains filed for Chapter 11 bankruptcy after defaulting on a loan agreement with PNC Bank ....