Global Banking | Finance
WEBGlobal Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management ...
Fed rate cut sparks investors' questions on economy outlook
WEB22 hours ago · The Fed said it expects the Fed funds rate – currently in the 4.75% to 5% range – at 3.4% by the end of next year, while rates traders are betting on about 2.9%. Also, the Fed’s endpoint for rate cuts reflected a slight upgrade, to 2.9% from 2.8%. The outlook gap may have sparked a reversal in Treasury markets, sparking a selloff in ...
ING bank tightens restrictions on oil and gas lending
WEB1 day ago · By Virginia Furness and Simon Jessop. Dutch lender ING is further restricting access to finance for some oil and gas companies and from 2026 could drop clients that fail to align with its plans to be net zero, the bank’s chief executive told Reuters. European banks have taken the lead in policies to tackle climate change, while some big Wall ...
Stocks surge as Fed cuts rates, tech giants lead gains
WEB17 hours ago · NEW YORK (Reuters) – U.S. stock indexes sailed higher in the wake of their global counterparts and the dollar wobbled on Thursday after the Federal Reserve started a long-awaited interest rate cutting cycle with a chunky half-point move. The U.S. central bank gave a boost to risk assets on Wednesday with a larger-than-usual cut to borrowing ...
Global Fund Head Warns Climate Change and Conflict Could …
WEB1 day ago · By Jennifer Rigby. LONDON (Reuters) – Climate change and conflict risk overshadowing efforts to improve people’s health, when in reality the issues overlap, Peter Sands, head of the Global Fund to Fight AIDS, Tuberculosis and Malaria, said. He was speaking in London ahead of Thursday’s release of the Global Fund’s 2024 report covering ...
Attracting £7.7bn in Foreign Investment by 2030
WEB1 day ago · Published : 46 seconds ago, on 19/09/2024. LONDON (Reuters) – Britain could attract up to 7.7 billion pounds ($10.2 billion) in additional foreign sovereign investment by 2030 if it pursues a long-term blueprint for enticing such funds, a report said. The City of London Corporation has repeated calls for a financial and professional services ...
Future of Banking: 10 Innovations in Banking and Tech for 2024
WEBNov 10, 2023 · Open Banking. Open banking bridges banks with non-banking financial companies (NBFCs). Third-party developers access data securely through banking APIs, fostering innovations like embedded banking. The rise of banking-as-a-service (BaaS) further expands banks’ outreach and potential revenue streams. Quantum Computing in …
Latest News - Global Banking | Finance
WEBForgd is Reinventing Web3 Advisory with Free Tools for Tokenomics Design, Liquidity Monitoring, and Token Cap Table Management. New York, NY, September 3rd, 2024, Chainwire Forgd, a token advisory and optimization platform, announced the launch of its free-to-use web platform, which provides blockchain projects... Finance 18 hours ago.
Digital Transformation and AI Innovations Revolutionising Banking
WEBNov 20, 2023 · By 2025, the banking sector is set to spend an extra $31 billion on embedding Artificial Intelligence (AI) into existing systems. This alone shows us how indispensable AI technologies are becoming to the world of banking. For instance, adopting advanced AI algorithms, large language models, and customer ML models -streamed through intelligent ...
Banking – Global Banking | Finance
WEBThe Open Banking Challenge: Ensuring Compliance with API Standards for the Financial Industry. By Jamie Beckland, Chief Product Officer at APIContext For banks, retailers and enterprise businesses, open banking and application programming interfaces (APIs) are a powerful combination that streamlines how... Banking 2 months ago.