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- Loan Growth, Fed Rate Hikes, and Focus on Customers Could Boost U.S. Regional Banksin 2022
By: Ken Chase. Though continuing Covid concerns, lingering inflation, and potential slowing in GDP growth pose obstacles to the banking sector, there are also…
- Buy-Now-Pay-Later Plans Continue to Draw Increased Regulatory Scrutiny
The banking industry has experienced massive disruption in recent years, as financial technology, pandemic stresses, and other factors have forced the…
- Small Banks: Advantages,Disadvantages, and a Key Role in Future Small Business Growth
By: Ken Chase. When most people think about the banking industry, their minds tend to focus on big national and multinational financial institutions. However,…
- Bitcoin Price Sluggish as Fed Signals Multiple Rate Hikes for 2022
By: Ken Chase. The price of Bitcoin remains well below its record November 2021 high of nearly $69,000, as regulatory and interest rate concerns continues to…
- Russia Unexpectedly Cuts Interest Rates Ahead of April Meeting
By: Ken Chase. The Bank of Russia unexpectedly reduced the nation’s key interest rate on Friday, April 8, in a move designed to reflect the bank’s new outlook…
- New Bank of America App to Make Digital Engagement the Centerpiece of Its Customer Relationships
By: Ken Chase. Bank of America is reportedly preparing to launch a new digital app in December that it expects to serve as its main hub for managing customer…
- Wall Street Experts Warn of Return to Stagflation, As Fed Struggles with Inflation
By: Ken Chase. With inflation now approaching a four decades high of 8 percent, an increasing number of Wall Street experts have been warning of a return to…
- Global Banks Continue to Adapt in Response to Russian Invasion of Ukraine
By: Ken Chase More than four weeks since the Russian Federation launched its invasion into Ukraine, the world’s banks are continuing to adapt to the reality of…
- What Is SWIFT and Why Should You Care?
By: Ken Chase. In the wake of Russia’s invasion of Ukraine, the U.S., Canada, and Europe took collective action to ban key Russian banks from accessing the…
- With Unveiling of Onyx Lounge, JPMorgan Steps into the Metaverse
By: Ken Chase JPMorgan Chase has become the first U.S. bank to enter the newly emerging metaverse, unveiling its virtual “Onyx lounge” in the blockchain-based…
- Wells Fargo regulatory burden eased as 2015 consent order is terminated
By: Ken Chase Late last month, the U.S. Office of the Comptroller of the Currency announced that a 2015 regulatory enforcement consent order against Wells…