Annapolis, MD – In a significant development, Annapolis police apprehended a 42-year-old Gambrills man, James Bowen, on charges related to the theft of multiple cash …
(Reuters) – Comerica on Friday forecast an 11% drop in its net interest income (NII) in 2024, as it pays more interest on deposits to …
By Ebru Tuncay ISTANBUL (Reuters) – Some Turkish banks have begun to cut their lira deposit rates to ease pressure on margins, banking sources said, …
By David Lawder WASHINGTON (Reuters) – The Biden administration on Wednesday urged big companies to deposit another $2 billion into U.S. community lenders to boost …
OCEAN COUNTY, NJ — On October 23, Jeffrey Crawford, 50, of Lacey Township, entered a guilty plea for the crime of Theft by Failure to …
‘Being A Crook Doesn’t Mean You’re A Moron’: Jonathan Turley Slams ‘Direct Deposit’ Depictions Of Biden Allegations Harold Hutchison on August 10, 2023 George Washington …
SEOUL (Reuters) – Customer withdrawals from MG Community Credit Cooperatives (MGCCC), a troubled South Korean credit union, have clearly stabilised amid government efforts to ward …
By Winni Zhou and Ryan Woo SHANGHAI/BEIJING (Reuters) – China’s major state banks have lowered their dollar deposit rates for the second time in a …
SHANGHAI/BEIJING (Reuters) – China’s central bank has surveyed some foreign banks in the past week about the interest rates they offer to their clients for …
BEIJING (Reuters) – Several Chinese commercial banks cut interest rates on a range of yuan deposits from Monday, following their larger peers in a coordinated …
By Chris Taylor NEW YORK (Reuters) – As any fan of spy thrillers knows, there is only one place to put your really valuable stuff: …
(Reuters) -The U.S. Federal Deposit Insurance Corporation is planning to exempt smaller lenders from kicking in extra money to replenish the government’s bedrock deposit insurance …
WASHINGTON (Reuters) – The U.S. Treasury Department on Thursday said it was continuing to monitor market developments amid sharp drops in the shares of regional …
(Reuters) – Western Alliance Bancorp said on Wednesday it had not experienced unusual deposit outflows following the sale of collapsed lender First Republic Bank to …
By Hannah Lang (Reuters) – A key U.S. banking regulator is set to publish a comprehensive overview of the federal deposit insurance system on Monday, …
(Reuters) – China nudged banks this month to cut deposit interest rates further, seven people with knowledge of the matter said, in the latest effort …
By Hannah Lang (Reuters) – The evolution of “open banking” in the U.S. could impact how regulators supervise banks, as seamless account portability between financial …
NEW YORK (Reuters) – Apple Inc is seeking to attract U.S. savers with a new high-yield deposit account it announced on Monday with partner Goldman …
EPHRATA, PA – Ephrata Police recently charged Sean P. Quick, 55, of Ephrata, Pennsylvania, with Impersonating a Public Servant after an incident at Ephrata National …
BEIJING (Reuters) – Several small and mid-sized banks in China have lowered their deposit interest rates, a move that could help ease costs as loan …
By Douglas Gillison and Pete Schroeder (Reuters) – The White House on Thursday moved to reassure the nation’s community banks that they would not have …
By Hannah Lang (Reuters) – The Federal Deposit Insurance Corp (FDIC) and its flagship deposit insurance fund have been active since the Great Depression to …
WASHINGTON (Reuters) – A proposal to raise the Federal Deposit Insurance Corporation’s $250,000 limit for protecting depositors’ accounts should be considered, but any costs should …
By Hannah Lang and Pete Schroeder (Reuters) – In the United States and many other countries, the government guarantees a certain amount of each customer’s …
By Douglas Gillison and Pete Schroeder (Reuters) – U.S. policymakers should avoid a “knee jerk” reaction in considering changes to bank deposit insurance guarantees in …
By David Lawder WASHINGTON (Reuters) – Hardline Republicans in the House of Representatives on Monday vowed to oppose any universal federal guarantee on bank deposits …
By Tatiana Bautzer NEW YORK (Reuters) – U.S. regional banks are expected to pay higher rates to depositors to keep them from switching to larger …
(Reuters) – S&P has not placed other U.S. banks on CreditWatch negative since First Republic Bank as it has not seen widespread deposit outflows, the …
By Jonathan Cable LONDON (Reuters) – The peak for European Central Bank interest rates will be much higher than thought only a month ago, according …
(Reuters) – Citigroup expects the European Central Bank to hike rates by 50 basis points each in March and May to push its policy rates …
By Mehnaz Yasmin (Reuters) – Citigroup Inc may see more net interest margin (NIM) pressure than the other four big U.S. banks this year due …
Biden Admin Blocks Mining Of ‘World’s Largest Undeveloped’ Ore Deposit As It Pushes Copper-Heavy EVs, Wind Turbines Bronson Winslow on January 31, 2023 The Biden …
ISTANBUL (Reuters) – Turkey extended by a year a scheme that had it adopted in the throes of a 2021 currency crisis which protects lira …
By Jonathan Cable LONDON (Reuters) – The European Central Bank will take its deposit rate up by 50 basis points next week to 2.00%, despite …
NEW YORK (Reuters) – U.S. savers are being left behind by the Federal Reserve’s aggressive campaign of interest rate rises, and that’s unlikely to change …
By Jonathan Cable LONDON (Reuters) – The European Central Bank will press on with policy tightening, adding 50 basis points to its deposit rate next …
WASHINGTON (Reuters) – U.S. President Joe Biden has tapped Martin Gruenberg to serve as chairman of the board of directors of the Federal Deposit Insurance …
(Reuters) – Qatar’s central bank said on Wednesday it will increase its interest rates by between 50 and 75 basis points, following the U.S. Federal …
FRANKFURT (Reuters) – European Central Bank raised interest rates for the third meeting in a row on Thursday and signalled an intention to start mopping …
By David Lawder WASHINGTON (Reuters) – The U.S. Treasury will announce on Tuesday that a coalition of private firms and foundations will deposit $1 billion …
BEIJING/SHANGHAI (Reuters) – A string of small and mid-sized Chinese banks are following their larger peers and cutting deposit interest rates in the first broad-based …
MUMBAI – The Reserve Bank of India’s key policy repo rate was raised by 50 basis points on Friday, the third increase in the current …
BEIRUT -The World Bank accused Lebanese politicians of being cruel by asserting that deposits in the country’s collapsed banking sector are sacred, saying such slogans …
WASHINGTON – A U.S. banking regulator is urging banks dealing with cryptocurrency companies that they need to make sure customers know which of their funds …
NEWARK, N.J.– A New York man today admitted his role in a scheme to alter and deposit hundreds of checks stolen from mailboxes across New …
By Swathi Nair BENGALURU – The European Central Bank is expected to raise the deposit rate for the first time in over a decade in …
SHANGHAI – Some Chinese state banks, such as Bank of China and Bank of Communications, will cut deposit rate ceilings on Monday, joining smaller lenders, …
By Orhan Coskun and Nevzat Devranoglu ANKARA – A scheme that protects the value of lira deposits has helped Turkey prop up the ailing currency, …
– Russia’s central bank on Monday said it had raised 1.4 trillion roubles ($12.44 billion) at one-day “fine-tuning” deposit auction. The bank earlier on Monday …
BUDAPEST – Hungary’s central bank raised its one-week deposit rate by 30 basis points to 4.6% at a weekly tender on Thursday, as expected, two …