How apps are changing the economics of banking
Bangladesh’s banking sector is seeing a transformation as smartphones take over traditional branches. As of October 20, 2025, digital banking is thriving in Bangladesh. Applications like Citytouch, Astha, and NexusPay are rapidly replacing the need for in-person bank visits. Citytouch has seen a remarkable growth, with user numbers soaring to Tk 8.82 billion, and daily […]
Banking stocks’ fluctuations show increasing concern over credit risks.
Concerns Emerge in U.S. Banking Sector NEW YORK/LONDON/SINGAPORE, Oct 17 – Recent issues with bad loans at various banks have unsettled investors. Although there was a notable rise in bank stocks later this week, anxiety persists over potential credit risks that could impact the broader market. The market has had to deal with a string […]
US jury holds BNP Paribas responsible for damages related to its banking operations in Sudan
BNP Paribas Found Liable for Damages to Sudanese Refugees A jury in Manhattan has determined that BNP Paribas must pay over $20 million in damages to three Sudanese refugees. This decision came after a trial centered on the bank’s involvement in providing loans to Sudan’s ruling regime during times of conflict. The refugees’ legal team […]
Banking Regulators Plan to Suggest Reducing Community Bank Leverage Ratio
Federal banking regulators are reportedly set to propose reducing leverage ratios for community banks from the existing 9% to the minimum legal required level of 8%. According to a report from Bloomberg, the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency are planning to make this […]
Authorities approve Palmer Luckey’s cryptocurrency-oriented banking venture Erebor
Palmer Lackey’s new digital banking venture, Erebor, which incorporates cryptocurrency, has received conditional regulatory approval to launch operations, as announced by federal officials on Wednesday. Lackey, a 32-year-old entrepreneur known for his work with the rapidly expanding defense firm Anduril, is a prominent supporter of Erebor. The startup aims to provide tech firms and entrepreneurs […]
UK is postponing Revolut’s banking license due to worries about risk management.
Revolut, the British fintech firm, is facing another setback in its quest to become a fully licensed bank in the UK. The Bank of England has put the company’s full banking license on hold while raising concerns about the ability of startups to maintain effective risk management during swift international expansion. According to reports, the […]
UK is postponing Revolut’s banking license due to worries about risk management.
Revolut’s Banking License Delayed Revolut, the British fintech firm, is facing another setback in its quest to become a fully-fledged bank in the UK. Currently, its full banking license is pending due to the central bank’s concerns about the ability of startups to manage risks amidst rapid international growth. As reported, the Bank of England […]
Goldman Sachs surpasses profit forecasts due to a rise in investment banking.
Goldman Sachs Surpasses Profit Expectations in Q3 Goldman Sachs announced on Tuesday that its third-quarter profits exceeded Wall Street’s forecasts, driven by higher advisory fees from investment banking as market conditions improved. The firm reported stronger revenue growth as trade tensions eased, which has been beneficial for business. Investment banking fees notably surged by 42% […]
A Basic Discrepancy Between Assets and Liabilities in the Banking Sector
Fintech Companies Offering Higher Deposit Yields October 12, 2025 Deposit yields for numerous fintech firms are significantly exceeding those found in the traditional banking sector. This raises some eyebrows, considering the inherent risks of using short-term liabilities to finance long-term assets in banking. Perhaps the implications of this trend are worth pondering. The chart below […]
European Banking Authority Cautions About Risks in Transition Phase
European Banking Authority Report on Crypto Industry Regulations The European Banking Authority (EBA) has released a report that discusses how the cryptocurrency sector is attempting to evade regulations such as the Markets in Crypto-Assets (MiCA) and the expanded Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT) laws. MiCA, which will be fully implemented by the end […]