Banking News

Are you interested in banking news? Maybe you work in the industry, have a connection to the sector, or have a financial interest through investments. Whatever your interest the Wiser daily banking news email is for you. The financial crisis of the late 2000s proved how much of an influence the banking sector has throughout society. Every person, company and institution was impacted to a greater or lesser degree, from large multi-national corporations, to hard working American homeowners, to community organizations. Even after the financial crises the assets of the five biggest banks combined are worth more than 50 percent of the US economy. Those big five banks - JPMorgan Chase, Bank of America, Wells Fargo, Citigroup and US Bancorp - control $15.2 trillion in assets. The industry continues to consolidate so how will it look in another 10 years as regulators impose new rules? How will technology, the growth of India and China, and a changing US economy affect the sector? You will find the answers to these questions and more by staying informed of the latest banking news. And the best way to find information, news and developments about banking is through the tailored Wiser daily email.

Recent Banking News Coverage
 
Your Weekly Recommendations Tuesday, October 17, 2017
 
Recommended for you
Why poor agrifinance hits TZ
The CitizenBusiness
Don’t let community banking go from endangered to extinct
American Banker • Stephen Lange Ranzini
The coming disruption of wholesale payments
Finextra
Wall Street banks look beyond trading to drive profits
Reuters • Olivia Oran
Lloyds signs for SAP cash management and payments platform
Finextra
HY demand at CMA’s sails for new benchmark bond
GlobalCapital • Victor Jimenez
Activist targets Credit Suisse despite signs of turnround success
Financial Times • Attracta Mooney
Circle enables US Instant withdrawals for cross-border bank transfers
Finextra
Analyst Has 5 Banks to Buy as Investors Sell the Earnings
24/7 Wall St. • 247lee
Dow Nears 23,000 and Trades at a Record After UnitedHealth, J&J Earnings
TheStreet • Keris Alison Lahiff
 
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Agriculture, Commercial Banking
Why poor agrifinance hits TZ
The CitizenBusiness
A Bank of Tanzania report has shown that the sector’s credit grew by 0.2 per cent during the second quarter of this year, from zero per cent during a similar quarter in 2016 Dar es Salaam. Credit growth has been lower than...
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Bank Regulation, Banking
Don’t let community banking go from endangered to extinct
American BankerStephen Lange Ranzini
When I entered community banking 29 years ago, bank regulation was focused on two things: The accuracy of financial reports in the bank’s call report, and the bank’s ability to detect and guard against insiders stealing money from the institution. Back in...
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Banking
The coming disruption of wholesale payments
Finextra
Increased regulation, competition, and the coming age of millennials and their higher levels of technology understanding and expectations are helping to drive innovation and change in the retail banking payment space. New research from BNY Mellon Treasury Services explores the impact of...
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Accounting, Bank of America
Wall Street banks look beyond trading to drive profits
ReutersOlivia Oran
NEW YORK () - Wall Street rivals Goldman Sachs Group Inc and Morgan Stanley topped analyst expectations on Tuesday, reporting third-quarter earnings gains from a range of products and services despite an industry-wide decline in bond trading. FILE PHOTO: A trader works...
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Commercial Banking, Credit Cards
Lloyds signs for SAP cash management and payments platform
Finextra
SAP SE (NYSE: SAP) today announced that Lloyds Banking Group will boost its payment capabilities and provide unmatched delivery to corporate and institutional clients with a cash management and payments platform from SAP, powered by SAP HANA. By bringing new digitalized functionalities...
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Banking
HY demand at CMA’s sails for new benchmark bond
GlobalCapitalVictor Jimenez
CMA CGM, the French container liner, priced its first bond issue on Tuesday after improving on its triple-C ratings. Investor demand was enough for the issuer to double the size of the deal. “The high yield market has the ability to digest...
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Bank of America, Banking
Activist targets Credit Suisse despite signs of turnround success
Financial TimesAttracta Mooney
Activists usually target companies at their lowest ebb. Not so at Credit Suisse, where a hedge fund is waging a
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Banking, Credit Cards
Circle enables US Instant withdrawals for cross-border bank transfers
Finextra
Social payment app Circle, today launches instant withdrawal for US bank accounts. For the first time users will be able to transfer money from Circle to a US Bank account instantly and with no fees. With Circle’s new feature, it’s a global...
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Bank of America, Banking
Analyst Has 5 Banks to Buy as Investors Sell the Earnings
24/7 Wall St.247lee
After a red-hot year, even the top banks have found it hard to keep the momentum going recently as investors have been selling the news. Citigroup Inc. (NYSE: C) was tagged to the tune of almost 4% last week as it released...
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Bank of America, Hedge Funds
Dow Nears 23,000 and Trades at a Record After UnitedHealth, J&J Earnings
TheStreetKeris Alison Lahiff
Positive earnings from UnitedHealth Group Inc. (UNH - Get Report) and Johnson & Johnson (JNJ - Get Report) pushed the Dow Jones Industrial Average to capture a new all-time high early Tuesday, Oct. 17. The Dow Jones Industrial Average hit 22,992.21 shortly...
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