(Reuters) -A bipartisan group of 18 U.S. states told a federal judge that Capital One's $425 million settlement with depositors who felt cheated out of high interest rates should be rejected, because ...
Given that a sizeable part of this money is part of the coveted current accounts and savings accounts, it is surprising that banks are not in a hurry to revive these accounts, notes Tamal Bandyopdhyay ...
Finance Minister Nicola Willis will announce the new Reserve Bank (RBNZ) Governor at a press conference on Wednesday afternoon. Christian Hawkesby has held the Governor role on a short-term basis ...
La Trobe, a $20bn asset manager, may survive the severe ASIC action but Longo would have been aware of the danger he was creating. If not resolved quickly, it could shatter confidence in the deposit ...
With high blood pressure and diabetes, Khalil Ahmed Khan needs regular medical visits and drugs. A Tk 23 lakh fixed deposit receipt was meant to cover those costs. Instead, the 64-year-old now faces ...
Bank stocks are among the most obvious ways to profit from the health of the American economy. Banks are occasionally referred to as the economy's heart (or, for the less poetic, circulatory system), ...
U.S.-listed cryptocurrency exchange Coinbase (COIN) has rolled out a USDC lending product that allows its customers to earn yield directly from the exchange’s app, deepening its integration with ...
Celebrations over the recent passage of the Genius Act should be muted. It institutionalized cryptocurrencies in the U.S. by creating the first comprehensive regulations for stablecoins. But all too ...
The financial giant, whose shareholders include the Japanese government, will introduce “DCJPY,” a digital currency developed by a Japanese digital currency startup DeCurret DCP, Reuters reported. The ...
BEIRUT, Lebanon, Aug. 28 (UPI) --Almost six years into Lebanon's worst financial crisis, bank depositors continue to endure severe financial hardship and the trauma of having lost their life savings ...