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Financial Market News
You are at:Home»Posts Tagged "Bank" (Page 33)

Bank of Canada cuts key interest rate to 4.75%

By FinMar NewsJune 5, 2024

The Bank of Canada has lowered its key interest rate to 4.75 per cent, marking the bank’s first rate cut since March 2020.Bank governor Tiff Macklem said in opening remarks that…

Digital bank Monzo posts first full year of profit after more than doubling

By FinMar NewsJune 3, 2024

A Monzo debit card being used at a payment terminal.MonzoMonzo, the British digital challenger bank, on Monday reported its first full year of profitability.The fintech startup…

Yotta CEO says 85,000 bank accounts locked

By FinMar NewsJune 1, 2024

Oscar Wong | Moment | Getty ImagesWhen Adam Moelis co-founded a fintech startup named Yotta in 2019, he wanted to give Americans a new way to…

Bank of Montreal says online banking restored, some customers might see

By FinMar NewsJune 1, 2024

The Bank of Montreal says online banking services are restored for customers after a technical problem overnight.BMO says it experienced an overnight service disruption due to a…

The summer reading list for the rich, by J.P. Morgan Private Bank

By FinMar NewsMay 26, 2024

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign…

This newsletter is not AI; gag orders at the bank: CBC’s Marketplace cheat

By FinMar NewsMay 19, 2024

Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need.Want this in your inbox? Get the Marketplace newsletter every Friday.Would you sign a gag…

Mideast strife could trigger energy shock, inflation rise: World Bank

By FinMar NewsApril 29, 2024

A general view of Isfahan Refinery, one of the largest refineries in Iran and is considered as the first refinery in the country in terms of…

Fulton Financial acquires Republic First Bank after first U.S. bank failure

By FinMar NewsApril 27, 2024

After struggling under the weight of higher interest rates, Republic First Bancorp on Friday found another regional lender willing to rescue it: fellow Pennsylvania-based bank Fulton…

Deutsche Bank first-quarter 2024 earnings

By FinMar NewsApril 25, 2024

The Deutsche Bank AG headquarters in the financial district of Frankfurt, Germany, on Thursday, Feb. 1, 2024. Bloomberg | Bloomberg | Getty ImagesDeutsche Bank on Thursday reported…

Regional bank failures may be ahead, Former FDIC head Bair warns

By FinMar NewsApril 17, 2024

Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp.Their quarterly numbers begin hitting Wall Street…

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