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 Monday, March 27, 2017
 
Recommended for you
The head of the No.1 foreign bank on Wall Street is setting his sights on the US giants
Business Insider • Portia Crowe
Over 24 companies want collaboration with India Post Payments Bank: Manoj Sinha
India.com • Zeeshan Shaikh
Lenders to face foreign scenario in BoE stress test
The Scotsman - Heritage Feed • Kalyeena Makortoff
Santander: Could This Be A Game-Changer?
Seeking Alpha • Renaissance Research
How To Create A Retail Company With A Great Future
Forbes • Contributor, Richard Kestenbaum
Collaboration between banks and FinTechs now key to survival with connected consumers
Payments Cards & Mobile • Alex Rolfe
Bank of England governor Mark Carney to test UK banks on Brexit stress
The London Evening Standard • Russell Lynch
Bank of England Announces Financial System Stress Test Ahead of Brexit
RIA Novosti
Starling Bank joins Current Account Switch service
Finextra
As China Liberalizes Financial Sector, It Seeks Better Treatment Abroad
insurancejournal.com • L.S. Howard
 
Recommended for You
Bank of America, Banking
The head of the No.1 foreign bank on Wall Street is setting his sights on the US giants
Business InsiderPortia Crowe
Barclays, the 300-year-old British financial institution, is doubling down on investment banking in the United States. The firm finished 2016 ranked fifth in the US for fees from advising on acquisitions and equity and debt deals excluding self-led transactions, where banks lead...
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Banking, Credit Cards
Over 24 companies want collaboration with India Post Payments Bank: Manoj Sinha
India.comZeeshan Shaikh
New Delhi, March 27: Government has said that there are many companies who have approached the Department of Posts for collaboration with India Post Payments Bank. Replying to a question in the Rajya Sabha, the Minister of Communications Shri Manoj Sinha said...
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Banking, Economic Policy
Lenders to face foreign scenario in BoE stress test
The Scotsman - Heritage FeedKalyeena Makortoff
Britain’s biggest lenders will have to prove they are able to withstand a sharp slowdown in foreign appetite for UK assets as part of the Bank of England’s toughest stress test scenario to date. It comes amid concerns the UK has become...
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Banking, Economic Policy
Santander: Could This Be A Game-Changer?
Seeking AlphaRenaissance Research
Summary Long-term Eurozone bond yields continue to rise amid accelerating inflation expectations and stronger economic data. U.K. economy is turning a corner. Santander Mexico has had a good run since the beginning of the year. Is Santander a Buy? Rising long-term rates...
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Investment Banking
How To Create A Retail Company With A Great Future
ForbesContributor, Richard Kestenbaum
Working in retail these days can seem awfully depressing. All around you, things are glum. Fewer consumers are coming into traditional stores and the internet is chipping away many companies’ performance. Fashion sales are down overall, consumer tastes have changed and consumers...
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Banking
Collaboration between banks and FinTechs now key to survival with connected consumers
Payments Cards & MobileAlex Rolfe
With the EU’s Second Payment Services Directive (PSD2) and open architecture framework set to come into force next year, regulation may well tip the scales between banks and FinTechs for customer loyalty. Concessions must be made on both sides along the way,...
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Economic Policy, Federal Reserve
Bank of England governor Mark Carney to test UK banks on Brexit stress
The London Evening Standard Russell Lynch
The UK’s biggest banks will be tested for survival against a nightmare Brexit scenario of a pound plunging against the dollar, a deep recession and runaway inflation, the Bank of England said today. The central bank’s latest scenario comes two days before...
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Banking, Economic Policy
Bank of England Announces Financial System Stress Test Ahead of Brexit
RIA Novosti
MOSCOW (Sputnik) – The Bank of England on Monday announced amplified resilience tests for the United Kingdom's banking system to make sure top UK banks can weather the risks posed by an uncertain global economic outlook as well as looming Brexit. "The...
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Banking, Credit Cards
Starling Bank joins Current Account Switch service
Finextra
Starling Bank, one of the new breed of mobile-only banks, has joined the Current Account Switch Service, bringing numbers up to just shy of 50 in just three and a half years, covering almost 100 per cent of the UK’s current account...
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Economic Policy, Finance
As China Liberalizes Financial Sector, It Seeks Better Treatment Abroad
insurancejournal.comL.S. Howard
People’s Bank of China Governor Zhou Xiaochuan said the country is preparing to further open its financial sector, and that doing so will involve negotiations over how other nations treat Chinese investors. Areas of potential liberalization include banking, insurance, investment banking, securities...
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