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Financial Market News
You are at:Home»Posts Tagged "Banks" (Page 34)

Govt to abolish tax on banks’ profit

By FinMar NewsJune 26, 2024

ISLAMABAD: Despite severe economic challenges, the government may abolish up to a 15% additional income tax on the profits that banks make by extending loans to…

The stock market flips and tech falls out of favor. It may be hard to stop

By FinMar NewsJune 26, 2024

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading…

Citigroup, JPMorgan Chase, Goldman hit by regulators

By FinMar NewsJune 22, 2024

Jane Fraser, CEO of Citigroup, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart…

Nearly $109M in Yotta customer deposits vanish

By FinMar NewsJune 22, 2024

Tsingha25 | Istock | Getty ImagesLedgers of the failed fintech middleman Synapse show that nearly all the deposits held for customers of the banking app Yotta…

Shorter duration to comply reason for banks’ delay to join BBPS | Banking

By FinMar NewsJune 21, 2024

3 min read Last Updated : Jun 21 2024 | 9:39 PM IST A shorter window to comply and delayed prioritisation of technology systems may have…

Banking sector India: Indian banks are better placed with strong balance

By FinMar NewsJune 16, 2024

After suffering from seething government and disturbing bad loan difficulties, Indian banks have established themselves in a much stronger position, as balance sheets and profits have…

Digital banks’ bad loans eased to 3-mo low in April

By FinMar NewsJune 14, 2024

MANILA, Philippines — Bad loans held by digital banks in the country eased to a three-month low in April, which likely softened cost pressures for this…

Affirm buy now, pay later loans coming later this year

By FinMar NewsJune 12, 2024

Chris Ratcliffe | Bloomberg | Getty ImagesApple device users will soon be able to tap into buy now, pay later loans from Affirm for purchases, the…

Trustee says $85 million of customer savings is missing

By FinMar NewsJune 8, 2024

Jelena McWilliams, chair of the Federal Deposit Insurance Corporation (FDIC), during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday,…

The best banks in the Asia-Pacific region, according to customers

By FinMar NewsJune 5, 2024

SINGAPORE — Customers in Asia-Pacific have picked their favorite banks as lenders scramble to meet consumer expectations in a fast-changing environment.After a prolonged period of high…

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