Nationwide has a lot to lose in its unwise bet on Virgin Money :
ft.com/content/2aff65fe-d435-4520-bfbb-d5e086a56543
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JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels: US bank says higher interest rates, inflation and global conflict have dented outlook for ...
ft.com/content/352b38a7-f298-4b54-adc2-f4cc1b17444b
Quick Glance: JPMorgan warns of Need for 'Reality Check' on Phasing out Fossil Fuels
- JPMorgan warns of setbacks in transitioning to renewable energy due to higher interest rates, inflation, and global conflicts.
- Investment in renewable energy currently offers subpar returns, potentially leading to social unrest.
- JPMorgan forecasts increasing demand for oil and gas until 2030, highlighting challenges in transitioning to renewable energy.
- Wood Mackenzie warns of the impact of higher interest rates on transitioning to a global net-zero economy, especially for renewables and nuclear power.
UAE Central Bank permits banks to postpone personal and car loans for six months
gulfnews.com/business/banking/uae-central-bank-permits-banks-to-postpone-personal-and-car-loans-for-six-months-1.1713800576115
Quick Glance: UAE Floods: Banks Allowed to Defer Loan Repayments for 6 Months After Storm, Central Bank Announces
- The Central Bank of the UAE (CBUAE) issued a notice to all banks and insurance companies to defer repayment of personal and car loan instalments for customers affected by the weather conditions for six months.
- The deferral will not include additional fees, interest, or an increase in the loan principal amount.
- The Central Bank clarified that damages to vehicles and homes caused by heavy rains are covered by insurance policies, with insurance companies responsible for compensation.
- The public is advised to review insurance policies carefully, protect their rights, and contact SANADAK, the financial and insurance ombudsman, for complaints or disputes with insurance companies.
Woman wheels corpse into Brazil bank to sign for loan: A woman brought a 68-year-old man in a wheelchair into a bank branch and tried to get him to sign for a ...
reuters.com/world/americas/woman-wheels-corpse-into-brazil-bank-sign-loan-2024-04-17/
Trump trial live updates: Trump assistant recalls seeing Stormy Daniels in Trump Tower
abcnews.go.com/US/live-updates/trump-hush-money-trial/farro-says-cohen-became-his-banking-client-in-2015-109703719
Quick Glance: Trump Trials Insights: The Payment to Playboy
- During the seventh day of Donald Trump's criminal trial in Manhattan, the defendant's relationship with the National Enquirer was explored further.
- Pecker was granted protection from state prosecutors in 2019.
- Pecker was aware that the payment to the Playboy model violated election laws.
- Trump and Pecker's relationship extends prior to the election.
Souring China dreams force Western financial firms to cut costs: Just a few years ago, lucrative business prospects in China on the back of a booming economy led ...
reuters.com/world/china/souring-china-dreams-force-western-financial-firms-cut-costs-2024-04-22/
Moving to digital: Branches dying: Customers and banks have to rethink: The nearest bank branch is rarely within easy walking distance. After branch closures ...
n-tv.de/ratgeber/Filialsterben-Kunden-und-Banken-muessen-umdenken-article24900484.html
My walk of shame to the Deposit Return Scheme machine won’t change my ways, but at least it paid off
independent.ie/opinion/comment/my-walk-of-shame-to-the-deposit-return-scheme-machine-wont-change-my-ways-but-at-least-it-paid-off/a1159808529.html
How to compete for a property, even when your rival is cashed up: More than a quarter of home buyers now pay cash, no mortgage needed, so efforts to outbid them ...
smh.com.au/property/news/how-to-compete-for-a-property-even-when-your-rival-is-cashed-up-20240323-p5feow.html
Kenya’s top earning CEO? Co-op Bank boss Gideon Muriuki makes Sh1.2m per day: He has over 35 years’ experience in banking and finance.
nation.africa/kenya/business/coop-bank-boss-gideon-muriuki-makes-sh1-2m-per-day-4592858
Sabadell feels no pressure from British M&A activity to sell TSB: Sabadell is under no pressure to sell its British TSB business, the Spanish bank's chief ...
reuters.com/markets/deals/sabadell-feels-no-pressure-british-ma-activity-sell-tsb-2024-04-09/
Wall Street Has Abandoned Wall Street: JPMorgan closes a branch and cuts ties with what was once the heart of American finance.
on.wsj.com/4aH9Yi4
Royal Bank of Scotland to close a fifth of branches with 100 jobs at risk: The Bank announced 18 of its 86 local branches have been earmarked for closure.
news.stv.tv/scotland/royal-bank-of-scotland-to-close-a-fifth-of-branches-with-100-jobs-at-risk
Floods ravage regions of Russia and Kazakhstan, but worse is yet to come: Floods have swamped parts of Russia and Kazakhstan after Europe’s third-longest river ...
cnn.com/2024/04/10/world/russia-kazakhstan-floods-ural-putin-intl/
Stanbic bags lucrative Devki banking business: Devki Group has been with KCB Kenya over the last 40 years.
nation.africa/kenya/business/stanbic-bags-lucrative-devki-banking-business-4588346
BNP Paribas to acquire Fosun's 9% stake in Belgiuan insurer Ageas: BNP Paribas has signed an agreement with China's Fosun Group to acquire its 9% stake in ...
reuters.com/markets/deals/bnp-paribas-acquire-fosuns-9-stake-belgiuan-insurer-ageas-2024-04-14/
Post Office scandal: Ex-boss makes personal apology 'most strongly' to wronged subpostmasters
news.sky.com/story/post-office-scandal-ex-boss-makes-personal-apology-most-strongly-to-wronged-subpostmasters-13113389
Billionaire and Virgin Group founder, Richard Branson’s wealth has tumbled by more than half since 2021 to $3bn as SPAC problems gave him ‘a big jolt from the ...
fortune.com/europe/2024/04/09/billionaire-virgin-group-british-richard-branson-wealth-tumbled-half-since-2021-to-3bn-spac-problems-covid-nationwide-natwest/
The $2bn dirty-money case that rocked Singapore: The sensational case saw 10 Chinese nationals charged for laundering profits from illegal businesses.
bbc.com/news/world-asia-66840450
India central bank bars Kotak Mahindra Bank from taking on new clients digitally: India's central bank said on Wednesday it had barred Kotak Mahindra Bank from ...
reuters.com/business/finance/indias-cenbank-takes-supervisory-action-against-kotak-mahindra-bank-2024-04-24/
Quick Glance: RBI restricts Kotak Bank from online customer onboarding, issuing new credit cards
- The RBI directed Kotak Mahindra Bank to halt onboarding new customers through online and mobile banking channels and suspend issuing new credit cards immediately.
- Significant deficiencies and non-compliances in the bank's IT risk management and information security governance for 2022 and 2023 were highlighted by the RBI.
- The bank was found to be materially deficient in operational resilience and was instructed to enhance its IT systems to protect customers and the financial ecosystem.
- Historically, the RBI has enforced similar measures on other banks to ensure regulatory compliance, such as suspending customer onboarding and new credit card issuance.
Deutsche Bank reports first quarter profit increase: German banking major Deutsche Bank has achieved a profit increase at the start of 2024 despite higher ...
nordot.app/1156122678344876523
Quick Glance: Deutsche Bank Increases Quarterly Profit by 10 Percent
- Deutsche Bank surpasses expectations in the first quarter of 2024 with a profit of 2 billion euros before taxes and 1.5 billion euros after taxes.
- CEO Christian Sewing expresses satisfaction, citing the best results since 2013, emphasizing discipline in meeting cost targets, and the strong capital base.
- Revenue in investment banking increases significantly, particularly through trading in bonds, currencies, and large loans.
- Deutsche Bank invests in buying back its own shares, raises dividends, and plans job cuts to keep costs below 20 billion euros.
Fed seen on track for Sept start to US rate cuts: U.S. Federal Reserve policymakers sifting through the latest inflation data will find little to fuel a sense of ...
reuters.com/markets/us/traders-add-bets-september-start-fed-rate-cuts-2024-04-26/
India’s financial system has improved dramatically in the past decade : There is much more change to come
economist.com/special-report/2024/04/22/indias-financial-system-has-improved-dramatically-in-the-past-decade
Seagull attack warning for Devon seaside visitors : "They have been known to attack people unexpectedly, which can be a frightening experience ...
devonlive.com/news/devon-news/devon-seaside-visitors-warned-protective-9244788
Bankinter to Enter Irish Banking Market in Boost for Competition: Spanish lender Bankinter SA is planning to enter Ireland’s banking market ...
bloomberg.com/news/articles/2024-04-26/bankinter-to-enter-irish-banking-market-in-boost-for-competition
DWP to get new powers to raid homes and make arrests under bill: The new Fraud Bill will give the Department for Work and Pensions (DWP) powers on top of ...
walesonline.co.uk/news/uk-news/dwp-extra-powers-raid-homes-29042536
Indonesia’s Strategic Interest Rate Hike to Bolster the Rupiah: In a bold move to stabilize its currency, Bank Indonesia announced a critical adjustment to its ...
riotimesonline.com/indonesias-strategic-interest-rate-hike-to-bolster-the-rupiah/
New details emerge on foiled Equity Bank raid: Two people have been arrested in connection with the incident
monitor.co.ug/uganda/news/national/new-details-emerge-on-foiled-equity-bank-raid-4601420
Death and destruction as floods ravage the country: More than 10 people feared dead in Nairobi as President Ruto directs the formation of response team.
nation.africa/kenya/news/death-and-destruction-as-floods-ravage-the-country-4602660
New restaurant asks for late-night licence: A NEW restaurant has asked for permission to open until 4am at weekends.
halesowennews.co.uk/news/24276207.new-restaurant-asks-late-night-licence/
'Vatican of the New Age' former flagship retreat for sale: The Findhorn Foundation, which has occupied the Victorian Cluny Hill building since 1976 ...
heraldscotland.com/news/24280781.vatican-new-age-flagship-former-hotel-sale/
Former Barclays bank in Flitwick could be turned into restaurant and shop after nearly £300k grant
bedfordtoday.co.uk/news/politics/council/former-barclays-bank-in-flitwick-could-be-turned-into-restaurant-and-shop-after-nearly-ps300k-grant-4606754
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Bank branches need to balance new technology with personal service: Branches won't succeed without significant investment in mobile and in-branch technology; but ...
americanbanker.com/opinion/bank-branches-need-to-balance-new-technology-with-personal-service
EK admits fault for financial issues facing employees and business partners: 'We are committed to fulfilling our financial obligations and regaining your ...
pcgamer.com/hardware/liquid-cooling-company-ek-allegedly-facing-financial-difficulties-with-suppliers-partners-and-employees-claiming-theyre-bearing-the-brunt-of-it/
Mum needs 'life savings' to pay for care but bank 'won't pay out': Lilian Warrington's children fear their elderly mum will be plunged deep into debt as her ...
liverpoolecho.co.uk/news/liverpool-news/mum-saved-life-now-needs-29058646
NYCB faces tough choices on CRE loans, balance sheet diversification: New York Community Bancorp will have to lure buyers for its commercial real estate (CRE) ...
reuters.com/business/finance/nycb-faces-tough-choices-cre-loans-balance-sheet-diversification-2024-04-24/
'Them: The Scare' Season Premiere Recap: Our Descent Into Los Angeles: "Fear is pain arising from the anticipation of evil."
decider.com/2024/04/25/them-the-scare-season-premiere-recap/
Major updates to ICICI Bank and YES Bank charges from May 1: Details here: ICICI Bank and YES Bank will implement revisions to their service charges ...
business-standard.com/finance/personal-finance/major-updates-to-icici-bank-and-yes-bank-charges-from-may-1-details-here-124042300260_1.html
Heavy rains and flooding kill dozens as extreme weather racks Kenya: The Red Cross reported at least 38 dead and more than 11,000 displaced after weeks of heavy ...
washingtonpost.com/world/2024/04/25/kenya-floods-mathare-nino/
Lessons for investors from the history of war finance: Governments rarely tell voters the true cost of military adventures, or how they intend to pay for them
ft.com/content/9737f932-288a-4077-aaa6-d0d555174fca
Chilean instant payments API startup Fintoc raises $7 million to turn Mexico into its main market
techcrunch.com/2024/04/25/fintoc-a2a-payments-chile-mexico/
Confounding US economic, inflation data cloud Fed's rate path: The Federal Reserve's latest financial stability report was good news for anyone worried that a ...
reuters.com/markets/us/confounding-us-economic-inflation-data-muddy-feds-rate-path-2024-04-25/
New Waterlooville restaurant at old Natwest site applies for live music and late night drinking licence
portsmouth.co.uk/business/new-waterlooville-restaurant-at-old-natwest-site-applies-for-licences-4604636
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Moniepoint MFB MD advocates physical engagement for financial inclusion: The Managing Director of Moniepoint MFB, Babatunde Olofin, has emphasised the ...
punchng.com/moniepoint-mfb-md-advocates-physical-engagement-for-financial-inclusion/
Plans for flats at former Blackheath bank given green light: A former bank will be converted into new flats after plans were backed by the council.
expressandstar.com/news/local-hubs/sandwell/2024/04/23/plans-for-flats-at-former-blackheath-bank-given-green-light/
Gikomba gold rush: Banks scramble for a slice of Nairobi's street hustle: In a bid to tap into this flourishing business environment, several banks are ...
standardmedia.co.ke/financial-standard/article/2001493719/gikomba-gold-rush-banks-scramble-for-a-slice-of-nairobis-street-hustle
NatWest Group to close 98 bank branches in 2024: Find out if your local bank branch will be shutting its doors this year
which.co.uk/news/article/natwest-group-bank-branch-closures-aXUN72y5QXYk
Callington youth club launch: YOUNGSTERS welcomed the opening of a new youth club in Callington after an upswell of community support.
tavistock-today.co.uk/news/callington-youth-club-launch-682994
11,310 teachers sever links with Metropolitan sacco : Teachers complained that TSC was deducting their cash and handing to Metropolitan sacco against their will.
nation.africa/kenya/business/11-310-teachers-sever-links-with-metropolitan-sacco--4598620
Horoscope Today, Apr 20, 2024: Check astrological prediction for Aries, Cancer and other signs
indianexpress.com/article/horoscope/horoscope-today-apr-20-2024-check-astrological-prediction-for-aries-cancer-and-other-signs-9279920/
DWP update on cost of living payments as £950 paid into claimant's bank: The DWP has been distributing cost of living payments to those who missed out during the ...
examinerlive.co.uk/news/cost-of-living/dwp-update-cost-living-payments-29029705
Former Speaker Clay Schexnayder helped create the hemp industry. Now he lobbies for them.
theadvocate.com/baton_rouge/news/politics/clay-schexnayder-is-now-lobbying-for-the-hemp-industry/article_58b25f34-ce75-5e34-a792-21548a132110.html
At this South Philly bank, the newest ATM has gone to the dogs. And they love it.
inquirer.com/life/atm-south-philly-dog-bank-treats-20240424.html
UBS gets green light to open Saudi branch for banking operations: RIYADH: In a move aimed at enhancing Saudi Arabia’s financial landscape, the Kingdom has ...
arabnews.com/node/2498031/business-economy
Mohammad Abu Jafar, new managing director of Premier Bank: He has 34 years of experience in banking
thedailystar.net/business/news/mohammad-abu-jafar-new-managing-director-premier-bank-3594406
UAE banks to allow loan instalments to be deferred by six months following bad weather
gulftoday.ae/news/2024/04/22/uae-banks-to-allow-loan-installments-to-be-deffered-by-six-months-following-bad-weather
TCS London Marathon 2024: Help Jack Dowling raise money to support Macmillan Cancer Support
justgiving.com/fundraising/jackproject2626
Transformative pop-up art gallery opening in Chester: Place for the Arts in Chester CIC will welcome an innovative art gallery in a transformed bank building on ...
chesterstandard.co.uk/news/24273721.transformative-pop-up-art-gallery-opening-chester/
Banknotes on the street: Unknown people blow up ATMs in Berlin: In the early hours of the morning there was an explosion in the Berlin district of Zehlendorf: ...
n-tv.de/panorama/Unbekannte-jagen-Geldautomaten-in-Berlin-in-die-Luft-article24891184.html
Loud bang! Unidentified people blow up ATMs: The significantly damaged bank branch in Zehlendorf.
morgenpost.de/bezirke/steglitz-zehlendorf/article242152648/Lauter-Knall-Unbekannte-sprengen-Geldautomaten-in-die-Luft.html
Preparations for spectacular Cirque de Soleil at Macallan and flooding concerns at Buckie caravan park
pressandjournal.co.uk/fp/news/moray/6439175/cirque-de-soleil-macallan/
With brute force: Several perpetrators loot ATMs in the Neumarkt district: ATM burglars struck at a bank branch in Pilsach in the Neumarkt district at the ...
mittelbayerische.de/lokales/landkreis-neumarkt/mit-roher-gewalt-mehrere-taeter-pluendern-geldautomaten-im-landkreis-neumarkt-15907665
Unknown people break into ATM: In Pilsach (Neumarkt district in the Upper Palatinate), an ATM in a bank branch was violently broken into ...
onetz.de/deutschland-welt/pilsach/unbekannte-brechen-geldautomat-id4742893.html
5 Things That Are Hard to Get Even If You're Pretty Rich: Money can't buy everything, and being wealthy still won't get you into Augusta National ...
entrepreneur.com/business-news/what-the-wealthy-wants-but-cant-buy-from-cartier-to-co-ops/473103
Halifax in New Milton to close doors for final time today: A branch of a national bank will close its doors for the final time today.
bournemouthecho.co.uk/news/24271472.halifax-new-milton-close-doors-final-time-today/
Lloyds, Halifax & Barclays bank branches to close in weeks: Barclays, Halifax, Lloyds and Bank of Scotland are among the major banks that are shutting branches ...
malverngazette.co.uk/news/24271623.lloyds-halifax-barclays-bank-branches-close-weeks/
World Bank suspends Tanzania tourism funding after claims of killings and evictions
theguardian.com/global-development/2024/apr/23/world-bank-suspends-tanzania-tourism-funding-after-claims-of-killings-and-evictions
UAE Central Bank asks lenders to defer loans to help flood-hit residents: Notice issued to all banks and insurance firms to support people hit by torrential ...
thenationalnews.com/business/money/2024/04/22/uae-central-bank-suggests-six-month-loan-deferral-scheme-for-storm-affected-customers/
Berlin bank branch damaged by explosion: unknown people blow up ATMs on Clayallee
tagesspiegel.de/berlin/berliner-bankfiliale-durch-explosion-beschadigt-unbekannte-sprengen-geldautomaten-in-der-clayallee-11552471.html
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Canadian banks are not fighting climate change on their own. They must be legislated
theglobeandmail.com/business/commentary/article-canadian-banks-are-not-fighting-climate-change-on-their-own-they-must/
Paid articlePaid Banks must offer more than just their own financial products: Banks are, first and foremost, sales organizations, and there is a real issue: limited product ...
theglobeandmail.com/business/commentary/article-banks-must-offer-more-than-just-their-own-financial-products/
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Former bank building up for auction has 'restricted covenant' in place: A PROMINENT former bank building in St Helens town centre is being put up for auction.
sthelensstar.co.uk/news/24268063.prominent-former-bank-building-st-helens-town-centre-auction/
Stunning Devon farm dating back to 16th century on the market: The four-bedroom property is surrounded by countryside
devonlive.com/news/property/gallery/stunning-devon-farm-dating-back-9230341
Dad paid £17,000 for his dream home - but it all turned out to be a huge scam: Geraint Davies, 39, said he was left feeling "empty inside" after he was ...
mirror.co.uk/news/uk-news/dad-paid-building-firm-17000-32629265
Full list of bank branches closing next week including Lloyds and Barclays: Several locations will pull down their shutters in England, Wales ...
birminghammail.co.uk/news/money/full-list-lloyds-halifax-barclays-29034627
Bust South West building firm's whopping debt pile revealed: RS Cook and Sons went into administration in 2019 but creditors claiming £2.6m are still waiting to ...
devonlive.com/news/devon-news/bust-building-firms-whopping-debt-9234734
AI is good for Goldman Sachs, CEO David Solomon says: Demand for AI infrastructure from companies and governments will breed new opportunities for the investment ...
qz.com/ai-goldman-sachs-earnings-david-solomon-q1-2024-1851410173
Dutch-Bangla Bank witnesses highest profit growth in a decade: Dutch-Bangla Bank PLC recorded nearly 42 percent growth in earnings last financial year ...
thedailystar.net/business/news/dutch-bangla-bank-witnesses-highest-profit-growth-decade-3590146
Ex-employee of N.J. bank admits stealing $105k from dead customer: Social Security payments continued to be deposited into the deceased customer's account ...
nj.com/essex/2024/04/ex-employee-for-nj-bank-admits-stealing-105k-from-dead-customer.html
Two bank officers held for soliciting kickbacks: MELAKA: Two bank officers have been arrested by the Malaysian Anti-Corruption Commission (MACC) for soliciting ...
thestar.com.my/news/nation/2024/04/19/two-bank-officers-held-for-soliciting-kickbacks
Top news of the day: PM Modi says INDIA bloc believes only in vote bank politics; CJI says new criminal justice laws signify watershed moment for our society ...
thehindu.com/news/top-news-of-the-day-pm-modi-says-india-bloc-believes-only-in-vote-bank-politics-cji-says-new-criminal-justice-laws-signify-watershed-moment-for-our-society-and-more/article68087979.ece
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