National Banks Are Turning Green … With Worry

Central banks stepped into the breach to stabilize banks and restore growth after the global financial crisis — now, green campaigners would like them to take on the yet bigger challenge of making sure the financial system penalizes carbon-intensive assets and funds the transition to clean energy. Only recently have central banks seen any role […]

How banks can use personalized services to increase customer satisfaction and compete with fintechs

The ability to conduct banking activities via a sleek mobile app is no longer enough to satisfy consumers — it’s table stakes. Banks need to focus on deploying robust personal finance management (PFM) features that pull consumers in. There are three common approaches banks can take to effectively implement these tools. It’s no longer enough […]

These 29 countries have the safest banks in the world

Reuters/Kacper Pempel Most of us in developed countries take for granted that our money is safe. Put it in a bank, and in theory at least, it doesn’t going anywhere. But that’s not necessarily true everywhere. So Business Insider took a look into the countries with the safest banks, using the World Economic Forum’s recently-released Global […]

‘No proof of crime’: Dead & duct-taped Saudi sisters found on banks of Hudson could be… a suicide?

Two Saudi sisters found dead and duct-taped together on the banks of New York’s Hudson River were seen praying near the water hours before their bodies were found, in a baffling case that police say shows no signs of foul play. The sisters, Rotana Farea (22) and Tala Farea (16) were discovered on October 24 […]

Russia welcomes foreign banks to join its money transfer alternative to SWIFT

Foreign banks will soon be able to become part of Russia’s money transfer network which serves as an alternative to the traditional SWIFT (Society for Worldwide Interbank Financial Telecommunication) system. “Non-residents will start connecting to us this year. People are already turning to us,” said First Deputy Governor of the Central Bank of Russia Olga […]

The fate of Italy’s banks is still tied to public debt

IN ITALY’S BUDGET drama, the action is shifting away from Rome. Last month its populist government said it would run a fiscal deficit of 2.4% of GDP in 2019—wider than euro-zone rules permit, and than markets had expected. Cue a sharp rise in borrowing costs, to more than three percentage points above those in Germany […]