‘Cold Turkey’: Turkish Banks Quit Russian Payment Platform Mir
A couple of Turkish bank have stopped using Russia’s Mir payment system in their respective networks. The move was said
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Banking
A SWIFT Summary: Why It Matters For Russia
SWIFT: the “Society for Worldwide Interbank Financial Telecommunications,” is being discussed by international powers and the media as a potential
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Fitch Ratings Downgrades Canada’s Banking Sector Amid High Household, Public Debt Levels
Fitch Ratings has lowered its view of Canada’s banking sector, amid concerning levels of household and public debt. In a
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Bitcoin Mining Less Energy-Intensive Than Banking System and Gold Industry
The explosion in cryptocurrency mining over the past year has prompted an onslaught of environmental concerns, due to the industry’s
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JPMorgan, Others Join Pilot Program That Will Issue Credit Cards To Customers With No Credit Scores
Several major US banks have decided to begin sharing customer’s deposit account data in an effort to extend credit to
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Week Ahead: Big Name Earnings To Dominate The Headlines
The upcoming week is going to be a busy one, as markets await first quarter earnings from a number of
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Federal Reserve to Lift Bank Dividend Limits, Buyback Restrictions in June
Following a recent move to lift the SLR exemption amid a improving economic outlook, the US Fed has given banks
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BNY Mellon to Begin Adopting Digital Currencies, Will Treat Bitcoin as Regular Asset
The utilization of digital assets by major financial platforms has been accelerating, after Paypal and Mastercard recently announced they would
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BMO Expects Canadian Banks To Outperform In 2021
In a note sent out to investors on January 3rd, BMO Capital Markets headlines “Bank Index Underperforms Again in 2020;
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Global Investment Banks Made $125 Billion in Fees as Desperate Companies Raised Cash Amid the Pandemic
Although the pandemic has put numerous economies into a state of dystopia, global capital markets have been thriving more than
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