Democrats and Republicans alike want big banks to up their insured deposit limits. As the Wall Street Journal (WSJ) reported Wednesday (Oct. 29), both Treasury Secretary Scott Bessent and Sen. Elizabeth Warren — a Democrat from Massachusetts and longtime financial watchdog — are calling for raising the $250,000 limit on insured deposits. This alliance, the report said, is helping fuel efforts from midsized banks who argue that higher caps would prevent bank runs like the ones seen at Sili...| PYMNTS.com
Visa and United Kingdom-based bank Barclays expanded their six-decade partnership. The new agreement spans issuing and acquiring across Barclays’ retail, corporate, business, United States and private bank businesses, according to a Wednesday (Oct. 29) press release. Visa will continue to support Barclays issued card credentials in the U.K., while also helping promote growth in U.S. retail issuing and expanding commercial issuing into new markets, the release said. “This agreement represe...| PYMNTS.com
In traditional finance, custody is almost invisible. A custodian bank can hold trillions of dollars in securities, ensuring that ownership records are accurate and assets can’t be misappropriated. These institutions are regulated, insured and audited. Cryptocurrency custody has traditionally operated in a different universe. Across the blockchain, possession of digital assets means controlling a private key, or a long, unique string of numbers that allows its holder to move assets recorded ...| PYMNTS.com
Alright, let’s dive into something that’s been making big headlines lately: private credit. Think of it as loans handed out by folks who aren’t your typical bank—private equity firms, hedge funds, or specialized finance companies stepping in to lend to businesses, real estate projects, or individuals who might not qualify... The post PRIVATE CREDIT: PEOPLE CAN SMELL THE SMOKE, BUT CANNOT SPOT THE FIRE YET appeared first on JustDario.| JustDario
I admit I never paid too much attention to Jefferies, since in the grand scheme of things, this bank is a relatively marginal player in the global financial system. I was fully aware, though, that their strategy to climb Wall Street league tables mostly relied on dealing with assets and... The post WHY A JEFFERIES BAILOUT IS ONLY A MATTER OF TIME appeared first on JustDario.| JustDario
In the volatile arena of auto finance and parts manufacturing, 2025 has emerged as a pivotal year of reckoning, marked by unprecedented turmoil that has shaken investor confidence and exposed deep-seated vulnerabilities in the sector. The dramatic bankruptcies of First Brands Group and Tricolor Holdings, both filed in late September,...| JustDario
Our new research shows why banks should improve and extend third party access tools to people who need support with their finances.| Money and Mental Health Policy Institute
The new & improved SRF begins to serve its purpose of allowing the Fed to push QT as far as possible without blowing anything up, unlike last time.| Wolf Street
TRUE empowerment lies beyond the limits of capitalism, says SAFTU, the South African Federation of Trade Unions. A statement issued on Tuesday on behalf of SAFTU General Secretary Zwelinzima Vavi said: ‘The South African Federation of Trade Unions strongly opposes the Democratic Alliance’s (DA) Economic Inclusion for All Bill. ‘The DA’s proposed bill is a […] The post ‘We’ve got to get beyond the limits of capitalism’ say SAFTU trade unions appeared first on Workers Revolution...| Workers Revolutionary Party
IN WHAT was described as a ‘historic first’, a UK navy destroyer, HMS Duncan, was placed under the direct command of NATO and ordered to shadow a Russian warship as it passed through the English Channel. While it is common for UK navy vessels to track Russian ships travelling through the Channel, what made this […] The post NATO plans for war on Russia as capitalism crashes! Forward with world revolution appeared first on Workers Revolutionary Party.| Workers Revolutionary Party
37% of UK consumers would be more likely to use instalments if integrated with their bank, says Lloyds, as merchants report rising BNPL demand. The post Lloyds: Consumers Want Bank-Backed BNPL at Checkout appeared first on The Fintech Times.| The Fintech Times
Banks say LNG is a climate solution. Is it really? The post When does bank “thought leadership” veer into greenwashing? appeared first on Investors For Paris Compliance.| Investors For Paris Compliance
DURING stock market trading last Friday more than £12.8bn was wiped off the value of the UK’s bank stocks as the rumours of ‘bad American loans’ swept through the stock markets, along with predictions of an economic and political disaster. The FTSE 100 plunged by more than 1.7% in London, while HSBC, the second most […] The post Capitalism Is In Its Greatest Ever Crisis. Now Is The Time To Organise The World Socialist Revolution! appeared first on Workers Revolutionary Party.| Workers Revolutionary Party
Today we’re going to talk about a government agency you’ve probably never thought about much before: the Federal Deposit Insurance Corporation. But first, a little family history. My grandparents went through it. My grandmother endured a childhood in fascist Italy during World War II. At 12, she passed Nazi soldiers carrying supplies for the Italian […] The post FDIC Insured Banking Doesn’t Mean What You Think It Means: The Truth About Securing Your Savings appeared first on Bitches G...| Bitches Get Riches
Strengthening leadership across its U.S. operations, Brian Callanan and Andre Ramos will officially join the team in December. The post TD Bank names new general counsel, CFO appeared first on NJBIZ.| NJBIZ
AMID world stock markets crashing, and the head of the IMF revealing she has ‘sleepless nights’ over the dangerous risks of collapses in the shadow banking sector, business leaders in the UK have repeatedly warned Chancellor Rachel Reeves that tax increases on employers in her November budget would push up unemployment in the UK, already […] The post With stockmarkets crashing it is time to smash capitalism and go forward to world socialism! appeared first on Workers Revolutionary Party.| Workers Revolutionary Party
THE Institute for Fiscal Studies (IFS), an influential independent economic think-tank that dispenses ‘advice’ on financial matters to the government, has weighed in this week with some serious warnings to Labour Chancellor Rachel Reeves about next month’s Autumn Budget. This Budget has become a make-or-break crisis for both Reeves and the Starmer government as they […] The post Capitalist financial markets instruct Reeves to make billions of pounds cuts to welfare! appeared first on ...| Workers Revolutionary Party
THE JOINT annual meeting of the International Monetary Fund (IMF) and the World Bank is taking place in Washington this week under conditions of the most acute crisis of the capitalist system in history. On Friday, they received a brutal shock when Donald Trump announced he had been ‘blindsided’ by China’s new rules requiring companies […] The post World bankers meet in Washington as crisis erupts across the capitalist financial system appeared first on Workers Revolutionary Party.| Workers Revolutionary Party
Senior NHS doctors declared a state of national emergency in the NHS yesterday as waiting lists soared, with thousands of patients being treated in hospital corridors and with doctors balloting for strike action over pay and lack of work-placements for newly-qualified medics. This came just months after Chancellor Rachel Reeves pledge to increase NHS funding […] The post National emergency declared in NHS as waiting lists soar! appeared first on Workers Revolutionary Party.| Workers Revolutionary Party
THE Bank of England on Wednesday warned of a growing risk of a ‘sudden correction’ in the world stock markets. The massive Artificial Intelligence (AI) bubble is on the verge of collapsing the world stock markets, as the share price of AI companies have reached stratospheric levels, completely disconnected from the actual profits these companies […] The post Bank of England warns that the AI stock market bubble is on verge of collapse! appeared first on Workers Revolutionary Party.| Workers Revolutionary Party
Digital currencies have grown rapidly in recent years. In July 2025, Congress passed the “Guiding and Establishing National Innovation for U.S. Stablecoins Act” (GENIUS) Act, establishing the first comprehensive federal framework governing the issuance of stablecoins. In this post, we place stablecoins in a historical perspective by comparing them to national bank notes, a form of privately issued money that circulated in the United States from 1863 through 1935.| Liberty Street Economics
In a companion post, we showed that during the bank run of spring 2023 investors were seemingly not concerned about bank risk broadly but rather became sensitized to the risk of only about a third of all publicly traded banks. In this post, we investigate how the Federal Reserve’s liquidity support affected investor risk perceptions during the run. We find that the announcement of the Fed’s novel Bank Term Funding Program (BTFP), and subsequent borrowings from the program, substantially r...| Liberty Street Economics
The United States is teetering on the edge of its 22nd federal government shutdown since 1976. While markets are dismissive—assuming, as in the past, that “nothing is going to happen”—this is more than just domestic political theater. If not resolved quickly, this shutdown could become a severe stress test for...| JustDario
Leia Clifton, Senior Research Officer, Money and Mental Health The post Banks matter in gambling conversations – how banks can recognise their crucial role with customers appeared first on Money and Mental Health Policy Institute.| Money and Mental Health Policy Institute
Last year, Bank of America and Citigroup made similar disclosures, saying that estimates of their own future income differed from the Fed's results.| CNBC
Canadian Imperial Bank of Commerce appointed Mike Freeborn and Alfred Traboulsi co-heads of global corporate and investment banking.| Mortgage Rates & Mortgage Broker News in Canada
The ANZ Bank has announced 3,500 job losses across Australia. NAB followed with 300, and Bank of Queensland added another 400. What is going on? Since 2000, housing loans have ballooned from around 55% to over 80% of the Big Four banks’ loan books. Mortgage brokers account for 77% of new home loans, meaning fewer bank staff is required. Meanwhile, small business and personal lending has plummeted from 40% to just 18%. Watch or continue reading 'Australian Jobs Out, Overseas Workers In' on m...| Malcolm Roberts
Like Decker Ward, Derby Ward is one of the first wards laid out when Savannah was created in 1733. It is named for James Stanley, Tenth Earl of Derby, while its central square is named for Robert Johnson, Royal Governor of South Carolina at the time Georgia was settled. The large monument at the center … Continue reading "Savannah’s Haunted Historic District – Derby Ward"| Southern Spirit Guide
Please note: Third Act is a non-profit educational, organizing, and advocacy organization. We are not investment advisors and are legally prohibited from providing investment or financial advice. The information Third Act provides around Responsible Finance options is for educational purposes. Third Act does not offer advisory or brokerage services, nor does it recommend or advise […]| Third Act
Everything you need to know about transaction IDs: what it is, why it’s important, and how it could be your secret weapon against chargebacks.| Chargebacks911
Explaining how payment routing works and differences between static and dynamic payment routing, which can reduce chargebacks and boost authorization rates.| Chargebacks911
As a dynamic banking service, Chime is popular with consumers. This article will explain how consumers can dispute Chime transactions and how long it may take.| Chargebacks911
Where is the line between capturing more sales and preventing fraud? This article will explore how you can reduce your credit card decline rate.| Chargebacks911
Why do banks decline customers’ cards? What are some of the triggers for credit card decline codes, and is it possible to recover the sale in question?| Chargebacks911
The funeral committee of the late Asantehemaa, Nana Konadu Yiadom III, has clarified that essential service providers in Kumasi, including| The Overseers - Ghana No.1 News
Palo Alto, London (9 September 2025) – UK-based international wholesale bank British Arab Commercial Bank (BACB) has chosen Integral, a leading currency technology provider to the financial markets, to transform its FX operations. Established over 50 years ago, BACB provides global trade finance and treasury solutions to clients operating in and out of specialized markets. […] The post British Arab Commercial Bank (BACB) selects Integral’s technology to transform FX operations appeared ...| Integral
In 1943, Central National Bank sold its slender 17-story headquarters building at 308 Euclid Avenue to the F. W. Woolworth Co., which later demolished the building for a much shorter retail store (now the House of Blues). The bank continued to lease space in the “matchstick” building until it opened its new headquarters in 1949 in five floors of the Midland Building at West Prospect Avenue and West 2nd Street. Central National also acquired property at 509 Euclid near the northwest corner...| Cleveland Historical
Private equity funds and other Wall Street investors are buying up homes across the US and West, driving up rent and cost of living. Economist Michael Hudson explains how corporate landlords are a result of financialized capitalism.| Geopolitical Economy Report
Recent natural disasters have renewed concerns about insurance markets for natural disaster relief. In January 2025, wildfires wreaked havoc in residential areas outside of Los Angeles. Direct damage estimates for the Los Angeles wildfires range from $76 billion to $131 billion, with only up to $45 billion of insured losses (Li and Yu, 2025). In this post, we examine the state of another disaster insurance market: the flood insurance market. We review features of flood insurance mandates, f...| Liberty Street Economics
A look at the Quarterly Report on Household Debt and Credit for 2025:Q2 from the New York Fed, focusing on the landscape of the current mortgage market.| Liberty Street Economics
The U.K. is "not part of the problem" when it comes to trade deficits that President Donald Trump wants to tackle, the country's finance minister told CNBC.| CNBC
Europe will respond to any tariffs imposed by President Donald Trump in a proportionate way, the European Union's commissioner for the economy told CNBC Wednesday.| CNBC
A new book by Angeleri tells the story of revolutionary feminist economist Nora Castañeda and an innovative state bank to empower women.| Venezuelanalysis
Canadian Imperial Bank of Commerce has inched past Bank of Nova Scotia in market capitalization to become Canada’s fourth-most valuable bank, as investor sentiment shifts in favour of lenders with more exposure to the domestic market.| Mortgage Rates & Mortgage Broker News in Canada
Robert Webb, Managing Director and Portfolio Manager at Hamilton ETFs, was featured on BNN Bloomberg’s The Open on July 15th, 2025, where he shared his thoughts on JPMorgan, Citi, and the U.S. financials sector.| Hamilton ETFs
The financial sector in the U.S. economy is deeply interconnected. In our previous post, we showed that incorporating information about this network of financial claims leads to a substantial reassessment of which financial sectors are ultimately financing the lending to the real sector as a whole (households plus nonfinancial firms). In this post, we delve deeper into the differences between the composition of lending to households and nonfinancial firms in terms of direct lending as well as...| Liberty Street Economics
Deposits are often perceived as a stable funding source for banks. However, the risk of deposits rapidly leaving banks—known as deposit flightiness—has come under increased scrutiny following the failures of Silicon Valley Bank and other regional banks in March 2023. In a new paper, we show that deposit flightiness is not constant over time. In particular, flightiness reached historic highs after expansions in bank reserves associated with rounds of quantitative easing (QE). We argue th...| Liberty Street Economics
In June 2020, the Federal Reserve issued stringent payout restrictions for the largest banks in the United States as part of its policy response to the COVID-19 crisis. Similar curbs on share buybacks and dividend payments were adopted in other jurisdictions, including in the eurozone, the U.K., and Canada. Payout restrictions were aimed at enhancing banks’ resiliency amid heightened economic uncertainty and concerns about the risk of large losses. But besides being a tool to build capital ...| Liberty Street Economics
Q2-2025 earnings season for banks officially started with, what a surprise, JP Morgan, Citigroup, and Wells Fargo all beating Wall Street analysts’ expectations and once again bagging fat profits. Traders, though, aren’t so impressed so far with JPM and Citi trading flat while WFC is down 6% on the day...| JustDario
Mid-sized banks are losing ground due to costly custom tech and fragmented workflows. Discover how a configurable mortgage POS can streamline lending and future-proof your operation.| BeSmartee
Economist Michael Hudson: China created alternative to Western neoliberal order, how Global South can challenge rent extraction of US financial colonialism.| Geopolitical Economy Report
Global risk conditions, along with monetary policy in major advanced economies, have historically been major drivers of cross-border capital flows and the global financial cycle. So what happens to these flows when risk sentiment changes? In this post, we examine how the sensitivity to risk of global financial flows changed following the global financial crisis (GFC). We find that while the risk sensitivity of cross-border bank loans (CBL) was lower following the GFC, that of international de...| Liberty Street Economics
Banks use central bank reserves for a multitude of purposes including making payments, managing intraday liquidity outflows, and meeting regulatory and internal liquidity requirements. Data on aggregate reserves for the U.S. banking system are readily accessible, but information on the holdings of individual banks is confidential. This makes it difficult to investigate important questions like: “Which types of banks hold reserves?” “How concentrated are they?” and “Does the distribu...| Liberty Street Economics
The Federal Reserve just released the results of its 2025 round of stress testing on 22 major US banks, and personally, I have never come across something more ridiculous and hypocritical. Let’s start with the fact that the FED itself admits how it found it appropriate to make this year’s...| JustDario
Palo Alto, London (18 June 2025) – Integral, a multi-asset technology provider in the foreign exchange market, announced today that it has gone live with a fully integrated solution with CME Group’s EBS Market and FX Spot+ marketplaces. The collaboration enables Integral’s clients to execute trades on CME Group’s EBS Market and the newly launched […] The post Integral announces seamless access to CME Group’s primary FX markets from Integral’s FX workflow solutions appeared first...| Integral
This article will explain what PayPal account limitations are and how to remove them. We’ll also provide 5 tips to avoid this issue in the future.| Chargebacks911
One criticism of overdraft credit is that the fees seem borne disproportionately by low-income, Black, and Hispanic households. To investigate this concern, we surveyed around 1,000 households about their overdraft activity. Like critics, we find that these groups do tend to overdraft more often. However, when we control for respondents’ credit scores along with their socioeconomic characteristics, we discover that only their credit score predicts overdraft activity. While it’s not altog...| Liberty Street Economics
Nonbank financial institutions (NBFIs) constitute a variety of entities—fintech companies, mutual funds, hedge funds, insurance companies, private debt providers, special purpose vehicles, among others—that have become important providers of financial intermediation services worldwide. But what is the essence of nonbank financial intermediation? Does it have any inherent advantages, and how does it interact with that performed by banks? In this Liberty Street Economics post, which is base...| Liberty Street Economics
The pace of change in the financial services industry is not slowing down. Banks are increasingly accelerating their journey to digital to […] The post Banking in the Tech Age: Unveiling Key Strategies for 2024 with Satyam Agrawal appeared first on Credable.| Credable
There’s no denying the fact that India is a dominant force in the world of cricket. With the 16th edition of the […] The post IPL to Drive a Surge in Revenue for Fantasy Gaming Platforms appeared first on Credable.| Credable
Integral, a leading currency technology provider to the financial markets, today announced global brokerage IUX has integrated its embedded technology to help streamline workflows, optimize pricing, and to further enhance client service.| Integral
Integral, a leading currency technology provider to the financial markets, today announced global brokerage IUX has integrated its embedded technology to help streamline workflows, optimize pricing, and to further enhance client service.| Integral
PayPal is a widely-used, simple, and straightforward approach to accept payments, especially for smaller businesses and sole proprietorships. However, what happens when you receive a PayPal chargeback? Are there PayPal chargeback fees, how much are they, and are you expected to pay them?| Chargebacks911
Donald Trump’s tariffs could destabilize the global economy, warns economist Michael Hudson. US protectionist policies could cause financial crises, as many currencies depreciate and countries can't earn the dollars needed to pay their foreign debts.| Geopolitical Economy Report
Why did the Bank of England intervene in the gilt market this week? The answer that has been doing the rounds is that it was protecting the solvency of pension funds. But this doesn't make sense to me. The Bank doesn't have any mandate to prevent pension funds going bust. And anyway, the type of pension fund that got into trouble isn't at meaningful risk of insolvency. There was never any risk to people's pensions. | www.coppolacomment.com
Insurance isn’t really an area that I had much interest in, mostly because in the countries where I’ve lived, it has generally been a well-run and stable business. However, the recent Los Angeles wildfires prompted me to look into this sector in California more closely, and what I discovered is...| JustDario
Diamond Bank ensures online brand impersonations won't compromise their customers or their business. They turned to Allure Security for help.| Allure Security
The bank may look profitable to shareholders, but disclosures compiled by Risky Finance made it possible to uncover the story of this trading loss at Goldman Sachs| Risky Finance
Rob Wessel was on BNN Bloomberg yesterday to provide his insights on the Canadian banks as they report Q4 2024 earnings, which began with Bank of Nova Scotia. He also discusses valuations for the sector and the key themes for investors to watch for this quarter.| Hamilton ETFs
The authors use data from a confidential syndicated loan registry to analyze the lender specialization and diversification behavior of banks.| Liberty Street Economics
A look at bank runs and how they have been a consequence of imminent failure, rather than the original cause, for bank failures in the U.S.| Liberty Street Economics
A look at the predictability of bank failures based on simple accounting metrics from publicly available financial statements that measure insolvency risk.| Liberty Street Economics
A look at why U.S. banks fail, using a study of more than 5,000 bank failures to understand if they are caused by bank runs or deteriorating solvency.| Liberty Street Economics
Welcome back to our blog series on Banks, Borrowers, and Climate Change. Today we will be returning to the PCAF Global Accounting and Reporting Standard by taking a closer look […] The post Partnership for Carbon Accounting Financials Standard Part B: Facilitated Emissions first appeared on Environmental Risk Innovations.| Environmental Risk Innovations
The EI Group and ERI began a joint blog series in January titled, “Banks, Borrowers, and Climate Change” that focuses on the Securities and Exchange Commission (SEC) and financed emissions. We have […] The post Banks, Borrowers and Climate Change: The SEC Releases its Rule on Climate Disclosure: Potential Impacts to Your Business first appeared on Environmental Risk Innovations.| Environmental Risk Innovations
Welcome back to our Banks, Borrowers, and Climate Change series! In case you missed our introduction to the series, you can read it here. Our first blog in the series, “Banks, Borrowers and Climate Change: […] The post Climate Action in Financial Institutions Initiative: Inspiration for the PCAF Global Accounting and Reporting first appeared on Environmental Risk Innovations.| Environmental Risk Innovations
The EI Group, in collaboration with Environmental Risk Innovations (ERI), recently launched a joint blog series which outlines the impact of the SEC’s proposed climate disclosure rule, which will require all […] The post Banks, Borrowers and Climate Change: How Disclosure of GHG Emissions Will Impact the Lending Process for Publicly Traded Corporations first appeared on Environmental Risk Innovations.| Environmental Risk Innovations
As climate change becomes an increasing risk to financial stability—whether from natural disasters such as hurricanes, rising sea levels and wildfires, or to corporations from increased costs associated with transition […] The post The SEC Targets Financed Emissions: Banks, Borrowers and Climate Change first appeared on Environmental Risk Innovations.| Environmental Risk Innovations
A U.S. Senate debate attended Tuesday by two of three Indiana candidates covered a wide range of topics without GOP frontrunner Jim Banks.| Indiana Capital Chronicle
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