AIB, EBS and Haven reduce interest rates on non-green fixed mortgages – The Journal
AIB, EBS and Haven reduce interest rates on non-green fixed mortgages The JournalAIB reduces some mortgage rates by 0.65% The…
McKinsey Says Bank Profits Face Possible $170 Billion AI Hit
Banks face a hit to their bottom lines of as much as $170 billion if they don’t adapt…
Indonesia’s Danantara Wealth Fund Weighs Creating $8 Billion Asset Manager
Danantara, Indonesia’s nascent sovereign wealth fund, is mulling plans to create a national asset manager by combining units…
UK Explores Private Credit Stress Tests as Risk Worries Grow
The Bank of England has begun industry outreach about stress testing the private credit market, as Governor Andrew…
Is Venmo down? Banking issues reported by thousands amid AWS outage
Amazon Web Services outage downs Snapchat, Fortnite and more An Amazon Web Services outage has downed leading websites…
Consumer Adoption and Security Trends
“Pay by Bank: Consumer Adoption Hinges on Security Concerns,” a PYMNTS Intelligence and Trustly collaboration, explores the forces…
Fitch Ratings warns Thai banks’ bad loans to rise to 3.7% in 2025 amid weak economy
Fitch Ratings has warned that the asset quality of Thai banks remains “fragile,” projecting a slight rise in…
Meloni Wins Italy’s Highest Rating Since 2018 With DBRS Upgrade
Italy regained its highest score from any major credit assessor since 2018 after an upgrade by Morningstar DBRS…
BoE to prioritise AI, DLT and quantum computing in tech strategy
The Bank of England (BoE) intends to prioritise AI, DLT, and quantum computing as the three “cross-cutting technologies”…
Man claims $1,000 ‘disappeared’ after transferring money from bank account to e-wallet
A 70-year-old man claims that $1,000 “disappeared into thin air” after he transferred the amount from his bank…
Warning signs of financial instability rattle policymakers ahead of IMF jamboree – POLITICO
A growing body of academic literature has found extensive links between non-bank financial institutions (NBFIs) — a category…
SEC’s Atkins considering roundtable on alternatives in 401(k)s, says private markets not ‘systemically important’ – Pensions & Investments
SEC’s Atkins considering roundtable on alternatives in 401(k)s, says private markets not ‘systemically important’ Pensions & InvestmentsAre Private Equity…