Banks have optimized for efficiency at the cost of customer trust

Automated systems respond poorly when confronted with edge cases and unfamiliar circumstances. But those are exactly the moments when a customer's trust in a bank is established, or lost forever, writes Katerina Brahy, of Maps Credit Union.Adobe...

One of the largest banks in Europe confirms data loss after alleged cyberattack on its supplier

UBS Group AG has confirmed that company information was stolen in a cyber attack targeting one of its suppliers. This follows a report claiming that a hacker compromised the data of more than 1,30,000 employees of its supplier Chain IQ. Earlier,...

Iran-Israel conflict spreads to hacks on banks, crypto

TEHRAN - The conflict between Israel and Iran is spilling over into the digital world, inflaming a decades-long campaign of hacks and espionage between two nations renowned for their cyber prowess. On June 17, a pro-Israel hacking group claimed...

Nigerian Banking Sector is Stable, says CBN

Advertisements The Central Bank of Nigeria (CBN) has reaffirmed the strength and stability of the country’s banking sector, clarifying that recent restrictions on dividend and bonus payments affect only a few institutions still transitioning from...

Much Ado About Something? JPMorgan Launches USD Deposit Token – Not Stablecoin

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy,...

Outer Banks season 5 release date: Has Netflix hit series cancelled for final season?

Netflix subscribers have a major update on "Outer Banks" Season 5. The fifth season is set to be the final season. In a good news that the production for the season 5 of "Outer Banks" has commenced, as per a report. "Outer Banks" Season 5 will...

Warning clothes banks should be ‘last resort’ as Wicklow gets new recycling bins

Barclays hired the CTO of JPMorgan's much admired UK retail bank

JPMorgan's digital bank, Chase UK, has had an admirable last few years. It received the 'Best British Bank' award two years running, contributed to a 430% profit increase in its respective JPMorgan entity and even joined the London skyline....

“Pay Fines Through Banks, Not Our Officials” – FRSC To Motorists

The Federal Road Safety Corps (FRSC) has issued a strong warning to motorists, urging them to desist from offering bribes to officers during patrol operations. Corps Marshal Shehu Mohammed emphasized that all fines must be paid through official...

U.S. plans to ease capital rule limiting banks Treasury trades

(Bloomberg) -- The top US bank regulators plan to reduce a key capital buffer by up to 1.5 percentage points for the biggest lenders after concerns that it constrained their trading in the $29 trillion Treasuries market. The Federal Reserve,...

JPMorgan CEO Says the Bond Market Is Going To Crack — What Should Investors Do?

Jamie Dimon is the popular CEO of JPMorgan Chase, known for his insightful comments regarding markets and the economy. As reported by The Wall Street Journal, in an economic forum on May 30, 2025, Dimon stated that the bond market was set to...

JPMorgan's Europe Boss Ditches London for New York as 4,400 Finance Chiefs Flee Labour's 'Punishing' Tax Blitz

The JPMorgan Chase's European chief, Filippo Gori, on 16 June 2025 announced his relocation from London to New York, joining a wave of over 4,400 financial executives reportedly exiting the UK due to Labour's aggressive tax reforms. The move, less...

Bank of America is bullish on these 4 under-the-radar AI stocks

2025-06-17T19:20:42Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app Bank of America sees additional AI investing opportunities in small and mid-cap stocks....

Parliament's chief bell ringer has to pay retired banking boss £10,000 for ripping out gate to his £2m west London home on day he moved in

A retired banking boss and his wife have won £10,000 in a court battle with Parliament's master bell-ringer after he ripped out the front gate to their £2million west London home when they moved in. Nicholas Partick-Hiley - a former Panmure Gordon...

HSBC could force 35,000 UK staff to return to office three days a week

HSBC, the banking titan, is contemplating a global policy that would mandate staff to return to the office for at least three days per week. The bank's deliberations are being led by chief executive Georges Elhedery, who has been meeting with...

Banks’ Supervisory Data Quality Index score improved in March: RBI

Supervisory Data Quality Index (sDQI) score of Scheduled Commercial Banks (SCBs) has improved to 89.3 in March 2025 as compared to 88.6 in March 2024, according to RBI. sDQI measures data quality in terms of the accuracy, timeliness, completeness...

Diaper Bank of Inland Empire Receives 7K Diapers with Help of Rialto, Victorville Bank of America Branches

As the cost of everyday goods continues to rise, one in two families with infants in Riverside and San Bernardino counties are struggling to afford diapers, according to the Diaper Bank of Inland Empire. This need has been particularly pressing in...

Banking sector liquidity declined in Q1, notes Central Bank

Banking sector liquidity declined in the first quarter of 2025, according to The Central Bank of The Bahamas (CBOB) in its Quarterly Economic Review for Q1 2025. The CBOB noted the decline in liquidity happened notwithstanding an expansion in...

Juneteenth 2025: From banks, stock market to post office and stores— check what's open and closed this federal holiday

The Juneteenth National Independence Day 2025 celebrations are here, and this June 19 is yet another occasion for Americans to unite and celebrate the concept of togetherness and love in the best possible ways. What is Juneteenth 2025, and why is...

SHB launches next-gen digital banking app SHB SAHA

HÀ NỘI — Saigon – Hanoi Commercial Joint Stock Bank (SHB) on Wednesday officially launched SHB SAHA, its next-generation digital banking platform, marking a major milestone in the bank’s comprehensive digital transformation strategy after more...