Not everyone’s too happy with AIB’s new mobile banking app
AFTER MUCH TEASING, Allied Irish Banks (AIB) officially launched its redesigned app at the end of June and…
Iran could face economic collapse in months, US Treasury’s Bessent warns | Banks News
US Treasury Secretary Bessent weighs in on the United States’ economic pressure campaign at a meeting of G20…
Firms in Japan seek new hedges, bracing for long era of yen weakness
Taku Ueno buys beef from America, olive oil from Spain and tomatoes from Italy to stock his supermarkets…
Bad Loans Surge at Rosneft-Linked Moscow Credit Bank
Moscow Credit Bank, one of Russia’s largest lenders, has seen a sharp rise in overdue loans, with borrowers…
Indonesian banks face tighter liquidity after strong profits
Finance Robust loan growth expected to moderate as individual savings slow Bank Mandiri is one of Indonesia’s state-owned banks…
Nvidia, Wall Street asset managers partner on $500B AI push
NVIDIA Corp. CEO Jensen Huang speaks during a joint press conference with representatives of Fujitsu Ltd., FANUC Corp.…
Clear Street launches pre-IPO platform, lists AI giant Databricks
Close-up of Databricks company logo on building facade, Rincon Hill, San Francisco, June 7, 2024. Smith Collection/ gado…
Leopold Aschenbrenner Situational Awareness fund: $45B to fire sale
Leopold Aschenbrenner Photo: Josh Edelson Two years ago, Leopold Aschenbrenner argued he was one of few people in…
Visa is cutting 7% of employees in efficiency push as AI reshapes work
Visa’s Ryan McInerney delivers a keynote address at the Transact 15 conference in San Francisco, California, April 1,…
US Fed holds interest rates steady, citing ‘elevated’ inflation | Inflation News
The United States Federal Reserve is set to hold interest rates steady as inflationary pressures mount, driven by…
UBS CEO says the AI pullback is healthy — but there’s a bigger risk investors should watch
UBS reported a profit rise in its second-quarter earnings Wednesday, as CEO Sergio Ermotti warned that geopolitical volatility…
Cash at Chinese banks swells to record high as borrowing slows
China debt crunch Lenders are carrying $9.4tn more in deposits than they have out in loans A shopping…