Read the latest news from regional and global sources, presenting different voices and perspectives.
Fed executive Bowman campaigns for central bank staff to own crypto
Cryptopolitan
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August 19, 2025
Fed Vice Chair Michelle Bowman is pushing for central bank staff to be allowed to own cryptocurrencies. The central bank executive says that the firsthand experience would improve oversight and help attract talent. Current Fed rules prohibit its...
Broker tips: Dowlais, Metro Bank, JD Sports, Entain, Wilmington
ShareCast
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"With Dowlais trading at only a circa 1-2% discount to the implied American Axle bid price we downgrade our rating to sector perform and set our price target at 77p in line with the current implied bid price," said the bank, which previously had a...
British Business Bank supports Close Brothers with £300m guarantee
Leasing Life
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August 19, 2025
The British Business Bank has entered an agreement with Close Brothers to provide up to £300m under the ENABLE Guarantees programme. Funds from this transaction will be directed towards Close Brothers asset finance’s portfolio, supporting hire...
US’s stop-start open banking journey sees ‘account access’ fees in spotlight
Global Government Fintech
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August 19, 2025
The stop-start journey towards the introduction of an open banking regulatory regime in the US has taken its latest twist, with fintech and banking representative associations locking horns over so-called ‘account access’ fees. A ‘Personal...
The top hurdles to intelligent automation in banking
American Banker - New York
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August 19, 2025
Bank and credit union leaders are eyeing intelligent automation as a path for growth and improvements in fraud detection, customer service and other areas, according to new research from American Banker. But these pathways aren't without their...
SBI Holdings Seen Investing in Tohoku Bank
Nippon
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August 19, 2025
Newsfrom Japan Economy Aug 20, 2025 08:44 (JST) Tokyo, Aug. 20 (Jiji Press)--Major Japanese online financial service group SBI Holdings Inc. is in talks on forming a capital and business tie-up with Tohoku Bank, which is mainly operating in Iwate...
Treasurer Fleming Applauds Bank of America's New Policy
KLAX - Louisiana
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Baton Rouge, LA – Louisiana State Treasurer John Fleming, M.D., praised Bank of America’s recent decision to reverse its controversial policy that allowed the denial of financial services based on religious or political viewpoints. He said, “This...
GHIB’s, Vista Bank Group announce Strategic Collaboration to support expansion in Africa
MyJoyOnline
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August 19, 2025
Ghana International Bank (GHIB) today announced a strategic collaboration with Vista Bank Group at the CNVERGE '25 conference, establishing a comprehensive partnership to enhance trade finance access across West African markets and strengthen...
Another Bankruptcy Rocks the Real Estate Industry: Viennese Investor Klemens Hallmann Files for Personal Bankruptcy
Vindobona
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The offered quota of 30% is thus only slightly higher than the quota his advisors expect in the event of immediate bankruptcy. In the event of bankruptcy with short-term distress sales of his assets, the quota would be 29%. The restructuring plan...
Ghana’s Central Bank Moves to Curb Banks’ Insurance Sales to Businesses
News Ghana
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August 19, 2025
Ghana’s financial sector is getting a stricter rulebook for selling insurance. The Bank of Ghana has directed all regulated banks to immediately stop selling insurance products to corporate and commercial clients. This move reinforces existing...
Jaiz Bank Unveils New Identity, Embraces Inclusive, Future-Ready Focus
TechEconomy
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August 19, 2025
Advertisements Jaiz Bank, a non-interest financial institution in Nigeria, has rebranded, unveiling a refreshed identity and philosophy. According to the bank, the refreshed identity reflects its transformation and bold ambitions, signalling its...
Maya Bank, Cebuana Lhuillier team up to boost MSME financing
Business World
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August 19, 2025
MAYA BANK, Inc. has partnered with rural lender Cebuana Lhuillier to widen financing access for micro, small and medium enterprises (MSME), including mom-and-pop stores and micro-merchants. “Bringing together Cebuana Lhuillier’s trusted network...
Caribbean Association of Banks formulates new sustainable guide for region’s finance organizations
Dominica News Online
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August 19, 2025
Dominica News Online - Tuesday, August 19th, 2025 at 1:41 PM A pioneering project aimed at creating a comprehensive Environmental, Social, and Governance (ESG) guide specifically designed for financial institutions within the Caribbean is the new...
A former banker now wants you to buy more debt mutual funds
Mint
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August 20, 2025
At the heart of this is a former banker who spent nearly four decades at India’s largest lender State Bank of India’s (SBI) and rues the lack of liquidity in the bond market. Venkat Nageswar Chalasani, the chief executive of industry body...
Bangladesh Bank dissolves Premier Bank board, appoints new directors
The Business Standard
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August 19, 2025
Bangladesh Bank has dissolved the existing board of directors of Premier Bank and appointed a new six-member board. The central bank's acting spokesperson, Mohammad Shahriar Siddiqui, confirmed the development today (19 August) and said the...
Scotiabank Bahamas Named Euromoney Best Bank 2025
Bahamas Local
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Euromoney announces Scotiabank (Bahamas) Limited as the Best Bank in the country. Scotiabank won the prestigious award after demonstrating leadership through strategic execution, digital innovation and a strong commitment to community and...
Suffolk’s TowneBank to purchase fast-growing Raleigh bank for $476 million
The Virginian-Pilot
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August 19, 2025
Suffolk-based TowneBank will acquire North Carolina’s Dogwood State Bank for roughly $476 million, the two companies announced Tuesday. Dogwood has 17 branches across North Carolina, South Carolina and Tennessee, including locations in...
Commercial Bank The First In Qatar To Partner With Project Management Institute To Drive Project Excellence In The Region
MENAFN
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August 19, 2025
Doha, Qatar – Commercial Bank, a leader in innovative digital banking solutions, became the first bank in the Middle East and North Africa to sign a strategic partnership with the Project Management Institute PMI, a global authority in project...
Private equity owners led to Genesis Healthcare’s bankruptcy: report
Healthcare Dive
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August 19, 2025
Dive Brief: A new report from the Private Equity Stakeholder Project alleges skilled nursing facility operator Genesis Healthcare’s bankruptcy filing last month can be traced to financial mismanagement at the hands of its private equity owners....
Jaiz Bank meets CBN capitalisation target
The Guardian (Nigeria)
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August 19, 2025
JAIZ Bank has fulfilled the new bank recapitalisation set by the Central Bank of Nigeria (CBN). The Managing Director of the bank, Dr Haruna Musa, who disclosed this in Abuja on Tuesday during the unveiling of the bank’s new corporate identity,...