New mortgage lending rules come into force in Portugal – Portugal Resident
New lending rules came into force across Portugal today (August 1), introducing stricter affordability tests for anyone applying…
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…
JPMorgan Chase CEO Jamie Dimon says markets underestimate risks
JPMorgan Chase CEO Jamie Dimon said investors are underestimating the risks facing the global economy and that he…
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,…
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…
Somalia to expand instant payment system linking banks and mobile money platform
Monday July 27, 2026 Mogadishu (HOL) — The Central Bank of Somalia has announced plans to expand the…
Moody’s: AI spending threatens credit quality of Amazon, Meta, Alphabet
Sundar Pichai, CEO of Alphabet, Satya Nadella, CEO of Microsoft, Andy Jassy, CEO of Amazon and Mark Zuckerberg,…
BSP asks e-wallets, some banks to explain why they are not waiving transfer fees – ABS-CBN
BSP asks e-wallets, some banks to explain why they are not waiving transfer fees ABS-CBNBanks’ cash withdrawals from BSP…
The traditional bank account is facing an existential threat from digital wallets
Jan said many Binance employees, including himself, already keep most of their assets on the exchange. “I could…
BOJ likely to raise growth forecast and stand pat, sources say
The Bank of Japan is likely to consider raising its economic growth forecast at its July meeting while…
Goldman Sachs and JPMorgan Chase are emerging as AI winners
Chairman and CEO of JPMorgan Chase & Co. Jamie Dimon and Goldman Sachs Chairman and CEO David Solomon.…