News - Page 45

The head of Deutsche Bank, Christian Sewing, has stated that merging with Commerzbank is not a priority for the bank. Sewing made the comments

TLDR: The Consumer Financial Protection Bureau (CFPB) has proposed a rule to restrict overdraft fees, but it will primarily impact larger banks and may

Key points: Jeremy Hunt has called a meeting with senior representatives from UK banks to discuss the poor performance of their shares. The meeting

Analysts believe further fiscal and monetary measures, including interest rate cuts, will be necessary to support China’s economy, despite this week’s higher-than expected growth

TLDR: Analysts at Odeon have downgraded Wells Fargo from Buy to Hold, citing significant challenges in the banking industry. Odeon noted that Wells Fargo’s

TLDR: Qatar’s Minister of Finance, Ali Bin Ahmed Al Kuwari, reiterates the country’s commitment to mediating the Israel-Hamas conflict. Qatar will continue playing the

TLDR: UK supermarkets have had mixed success when it comes to their banking ventures. While some have experienced significant losses and had to exit

TLDR: Billink, a Dutch BNPL provider, has raised €29.5m ($34.7m) from Varengold Bank to fund an ambitious expansion plan. The funds will be used

TLDR: First Citizens Bank has hired April Chow and Marc Einerman as managing directors and relationship managers for its middle-market banking group. Chow will

TLDR: India has been identified as one of the most vibrant fintech hubs in the world, according to a study by the World Economic