The dreaded attacks sponsored by cyber-gangs SAJIBUR RAHMAN | Published: September 18, 2022 08:39:11 A record number of Bangladeshi public and private banks are currently under threat from unprecedented cyberattacks, mainly due to their indifference and the fragility of their cybersecurity systems, prompting experts to suggest immediate action, sources say.Read More →

Coherent Market Insights recently released a report titled Global Portable Battery (Power Banks) Market from 2022 to 2027, which is a brilliant blend of industry expertise, innovative ideas, solutions and cutting-edge technologies to deliver a better experience. This intelligence report offers information based on current events, historical data and futureRead More →

Poland: NBP becomes dovish, but inflation hasn’t peaked yet Poland’s GDP growth in the second quarter surprised on the downside, reaching 5.5% year-on-year compared to 8.5% year-on-year in the first three months. The 2.1% quarter-over-quarter (seasonally adjusted) sequential slowdown was the second-worst in decades, only deepening during the pandemic inRead More →

RIYADH: The entrepreneurial ecosystem has been on the rise in the Middle East and North Africa region for some time, with technology-based sectors starting to dominate the business landscape. Financial technology, known as fintech, has been a promising sector for businesspeople and investors, with startups entering and exiting the industryRead More →

STAMFORD, Conn.–(BUSINESS WIRE)–Based on a new research report released today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. The 2022 ISG Provider Lens™ Digital Banking Technology Platforms Global Report reveals that consumers are increasingly demanding fast online banking experiences rather than traditional bankRead More →

By Tom Sims, Jesús Aguado and Lawrence White FRANKFURT/MADRID/LONDON (Reuters) – European banks are hoping higher interest rates for their businesses will be sustainable as they grapple with the economic fallout from war, soaring inflation and a looming energy crisis. German lender Commerzbank on Wednesday reported stronger-than-expected second-quarter net profitRead More →

Britain’s financial watchdog said on Tuesday that the cost of living crisis, meeting climate targets and improving diversity should be reflected in how banks set salaries and bonuses. “Your role is essential in ensuring that your company’s compensation policies support your company’s purpose, long-term strategy and values, while reflecting theRead More →

TBT INITIATIVE: The new activity would facilitate trading, reduce risk and eliminate the need for expensive brokers, the futures exchange said. Eleven domestic financial institutions have signed up as members of a new over-the-counter (OTC) derivatives clearing business that the Taiwan Futures Exchange (TAIFEX) launched on Monday last week toRead More →

FRANKFURT/LONDON, July 27 (Reuters) – European banks reported surprisingly good earnings news this week, but some executives spoke of bleak prospects for the rest of the year amid runaway inflation, war and energy shortages. Deutsche Bank (DBKGn.DE), the German lender to Europe’s largest economy, reported stronger-than-expected second-quarter profit on Wednesday,Read More →

The detailed analysis of the world situation Power Bank Market provides key insights on changing industry dynamics, value chain analysis, major investment pockets, competitive scenarios, regional landscape and crucial segments. It also offers an in-depth inspection related to driving and restraining ingredients for the global Power Banks market. Additionally, explainsRead More →

LONDON, June 15 (Reuters) – Global regulators on Wednesday released a detailed checklist for banks to assess how climate change is affecting all aspects of their business, including pay and capital, as economies set carbon reduction targets. International banks like Goldman Sachs, Deutsche Bank and HSBC will need to considerRead More →

Country the United States of AmericaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, RepublicRead More →

After two years of careful preparation, more than a dozen banks connected to the Swedish mobile payment system Swish are expected to test the pan-Nordic payment platform P27 by the end of the year. Supported by Danske Bank, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank, the noble ambition ofRead More →

This section is Partnership Content Provided The content in this section is provided by GlobeNewswire for the purpose of disseminating news releases on behalf of its customers. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Links GlobeNewswire Author of the article: Content of the article Brentwood, TN and Philadelphia,Read More →

Welcome to the ETMarkets Investor’s Guide, a show about asset classes, market trends and investment opportunities. This is Bhaskar Dutta. The market has been extremely choppy over the past few weeks. Belligerent comments from central banks, interest rate hikes, rising bond yields and selling by foreign investors hurt the market.Read More →

New Jersey, United States – Verified Market Reports has published the latest competent market research report on the Investment Banking IT Spending Market. The report aims to provide an in-depth and accurate analysis of the Investment Banking IT Spending market, considering market forecast, competitive intelligence, technical insights. risks, innovations andRead More →

The Global “Credit risk management software for the banking market” The 2022 market research report provides a detailed overview of the further development of the credit risk management software market for the banking market. The “Market Research Intellect” now publishes a new market analysis using various methods of analysis, theRead More →

Can banks and other financial institutions better manage their risk and offer faster settlements by tokenizing their liabilities on blockchain networks? Banks and Distributed Ledger Technology (DLT) companies are together exploring ways to integrate regulated liabilities – commercial bank money, central bank money and electronic money – on a blockchainRead More →

Karolina Uskure and Konstantin Bogatyrev had their N26 accounts closed on April 14.Karolina Uskure and Konstantin Bogatyrev More than 100 customers of N26, one of Europe’s largest online banks, were unable to access their savings after their accounts were suddenly blocked without warning. Customers shared their distress online after N26Read More →

October 17, 2022With war active in Europe, disease caused by SARS-CoV-2 and signs of famine emerging in many parts of the world, this is a time of immense tragedy. And it’s probably the most complex operating environment bank executives have ever experienced. Add macroeconomics to this list of problems. InflationRead More →

European banks brace for Russian-backed cyber-retaliation – Risk.net Tougher Sanctions on Russia’s Biggest Banks Trigger Computer Security Alert; Hundreds of computers downed in Ukraine European banks are bracing for an escalation in state-sponsored cyberattacks as Russia’s invasion of Ukraine sparked a barrage of sanctions against the country’s biggest financial firms.Read More →

The City of London’s financial district is seen as people walk on the Millennium Bridge in London, Britain February 16, 2022. REUTERS/Henry Nicholls/File Photo Join now for FREE unlimited access to Reuters.com Register Britain, EU and US announce sanctions against Russian banks HSBC fears ‘wider contagion’ The most exposed Austrian,Read More →

On Tuesday, European banks braced for fallout and new sanctions after Russia ordered troops into breakaway regions of eastern Ukraine, with HSBC warning of market contagion and l Austrian Raiffeisen Bank International preparing ‘crisis plans’. European banks – especially those in Austria, Italy and France – have the world’s mostRead More →

Band Tom Sims, Lawrence White and John O’Donnell FRANKFURT, February 9 (Reuters) – Amid fears of a Russian invasion of Ukraine, Italy’s UniCredit has backed away from a possible acquisition in Russia and Austria’s Raiffeisen Bank International has set aside risk provisions for possible sanctions against Russia. What banks inRead More →

LONDON, Feb 14 (Reuters) – European banks are providing billions of dollars in financing to expand oil and gas production, a report showed on Monday, despite International Energy Agency recommendations against new facilities to slow down global warming. In 2021, twenty-five of the region’s top banks collectively provided $55 billionRead More →

A Ukrainian Armed Forces tank is seen during military exercises at a training ground in Dnipropetrovsk region, Ukraine, February 8, 2022. Ukrainian Armed Forces General Staff/via REUTERS Join now for FREE unlimited access to Reuters.com Register FRANKFURT, Feb 9 (Reuters) – Amid fears of a Russian invasion of Ukraine, Italy’sRead More →

Stock prices have already rebounded. Banco Santander SA, one of the worst stocks of major European banks, has risen by a fifth in the past 12 months. Societe Generale SA more than doubled. The Euro Stoxx Banks index rose by 50%. The story continues under the ad But there areRead More →

With the financial services industry – and retail banking in particular – facing tough economic times following the COVID-19 pandemic and resulting change in customer behavior, the budget cycle is never over. critical to support a difficult year ahead. Asking five simple questions about contracts with third-party vendors could makeRead More →

The ESG Insider newsletter compiles news and insights on environmental, social and governance developments leading to changes in business and investment decisions. Subscribe to our ESG Insider newsletter and listen to the “ESG Insider” podcast on SoundCloud, Spotify and Apple podcasts. How much would you pay for a bumblebee? ThisRead More →

European banks could take the edge over their US counterparts with a proposed “green asset ratio” to enlighten investors on increasingly important environmental issues, according to market participants. The European Banking Authority has recommended that banks adopt a host asset ratio, or GAR, to show how their business activities areRead More →

Through Bharat Bhushan, CTO, Banks and Financial Markets (EMEA), IBM Today, cloud computing is not only essential to the future success of the European financial sector. It is also at the heart of the continent’s COVID-19 economic stimulus plan. However, due to concerns over regional independence and operational resilience, theRead More →

By Steve Hussey, Jørgen Kjærsgaard For shareholders of European banks, 2020 was a year to forget. But bank bondholders have enjoyed positive returns and could weather the challenges of COVID-19 again in 2021, supported by strong balance sheets and supportive regulatory conditions. The impact of the coronavirus has increased theRead More →