Insolvent Banking

Latest News for: Insolvent banking

Alexa, I can trust you with my checkbook, right?

Winston-Salem Journal 24 Jun 2018

NEW YORK — Hey Alexa, what’s my bank account balance?. Big >banks and financial companies have started to offer banking through virtual assistants — Amazon’s Alexa, Apple’s Siri, and Google’s Assistant — in a way that will allow customers to check their balances, pay bills and, in the near future, send money just with their voice ... Regional banking giant U.S. Bank is the first bank to be on all three services — Alexa, Siri and Assistant....

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Forced asset sales by banks destroying farmers' lives, Nationals senator says

The Observer 24 Jun 2018

Williams said he hoped the banking royal commission would investigate the practice when it looked at farming finance, and added that section 420A of the Corporations Act was a “toothless tiger” that was not being enforced ... Treasury chief labels banking revelations 'troubling' ... Australia’s big banks have been preparing for the next fortnight, and the bank chief executives have met federal politicians in Canberra....

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Emotional bank inquiry farm hearing begins

This is Money 24 Jun 2018

Emotional stories of farmers being kicked off the land that has been in their family for generations are expected to be aired at the banking royal commission. But Nationals Senator John Williams does not want the inquiry to lead to such strict regulations being placed on the banks that they don't lend to farmers ... "I'm very confident the sentiment of sympathy is growing in the banks when it comes to handling the family farmer," he said....

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Indian Crypto Exchanges Prepare for RBI Ban – New Trading Tools, No Fiat

Bitcoin 24 Jun 2018

As the start of the crypto banking ban by the Reserve Bank of India approaches, cryptocurrency exchanges in the country are preparing to stop fiat deposits and withdrawals while boosting crypto-to-crypto trading ... The date for India’s crypto banking ban imposed by the Reserve Bank of India (RBI) is drawing near. All regulated banks and financial institutions must stop servicing cryptocurrency exchanges by July 5....

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A newly discovered history of South Deerfield

The Recorder 24 Jun 2018

Soon the assistant office manager for the South Deerfield branch of Greenfield Savings Bank began digging up newspaper archives and asking around to learn more about her backyard. These interests have led to a full-on gallery of historic photos and clippings from South Deerfield at the bank’s branch on North Main Street. On Friday the bank first ......

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Bank manager asks sexual favours from farmer's wife who sought crop loan, booked

The Times of India 24 Jun 2018

Rajesh Hivase, bank manager with the Central Bank of ... The statement added that the district administration was preparing a report against the branch manager and a proposal to suspend him was being sent to the bank's management....

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Armed Women Claim To Have Bomb During Bank Robbery, Get Away With Cash From Safe

CBS Sports 24 Jun 2018

WEST MIFFLIN (KDKA) — Police say one woman was armed and another claimed to have a bomb when they robbed a West Mifflin bank Saturday. It happened at the PNC Bank on Clairton Boulevard as the bank was getting ready to close around 3 p.m....

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Hello guv’nor: who’s in the running to take over at the Bank of England?

The Observer 24 Jun 2018

... replace the governor of the Bank of England, one of the most prestigious roles in central banking....

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ADIB becomes first bank to join UAEIIC

Arabnews 24 Jun 2018

Sat, 2018-06-23 21.07 Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has joined the UAE International Investors Council (UAEIIC), making it the first bank in the UAE to become a member in the council ... “We are proud to be the first bank to join the UAE’s Investors Council ... “We have the honor to join Abu Dhabi Islamic Bank as an active ......

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After Brexit, the Bank of England will have a new boss – and new problems

The Observer 24 Jun 2018

Philip Hammond has spent many idle moments thinking about who should succeed Bank of England governor Mark Carney ... Carney is due to step down next June and has said the date is fixed in his diary after already extending his stay by a year to steer the Bank through Brexit and out the other side ... David Blanchflower, a member of the Bank’s rate-setting ......

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Living next door to 17 million chickens: 'We want a normal life'

The Observer 24 Jun 2018

But in this case, anger is focussed not just on the company, but on their funders – the big international development banks that hand out public money ... The International Finance Corporation, a member of the World Bank Group, and the European Bank for Reconstruction and Development (EBRD) have, between them, lent hundreds of millions of dollars to Ukraine’s largest poultry producer Myronivsky Hliboproduct (MHP)....

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Shoppers need to be more aware when using credit, debit cards

Victoria Advocate 24 Jun 2018

Because it is extremely difficult to catch the thieves who hide behind technology, it is imperative that we as consumers be ever vigilant in being careful where we use our credit and debit cards and keep up with our bank statements. Even banks that are aware of the illegal activity and check their ATMs daily are still victimized by the thieves....

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Pakistani court takes notice on transfer of $15.25bn abroad

Arabnews 24 Jun 2018

This huge transfer of money from Pakistan, though through normal banking channels, was revealed in a report submitted to the Supreme Court by a 12-member committee of experts headed by State Bank Governor Tariq Bajwa on Tuesday ... “Unfortunately there are lacunae in our banking and financial systems which influential and wealthy people exploit in ......

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