Read the latest news from regional and global sources, presenting different voices and perspectives.
LIVE: HDB Financial Services IPO- Biggest NBFC issue of the year opens June 25, should you invest?
Financial Express
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HDB Financial Services IPO Date Live : The much anticipated and the biggest NBFC issue of the year- Rs 12,500 crore initial public offering (IPO) of HDB Financial Services opens for subscription on Wednesday, June 25. It will remain open until...
Shanieka Ricketts is now brand ambassador for Dolla Financial Services
Jamaica Observer
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June 23, 2025
June 23, 2025 KINGSTON, Jamaica—Jamaican triple jumper Shanieka Ricketts is now a brand ambassador of Dolla Financial Services. Walter Scott, Dolla Financial Services director, while speaking at the signing ceremony to finalise the ambassadorship...
OLEDWorks GmbH Receives Regional Investment Funding to Expand Production Capacity for OLEDs for the Automotive Industry in Germany
WFMZ - Pennsylvania
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AACHEN, Germany, June 24, 2025 /PRNewswire/ -- OLEDWorks GmbH, a wholly owned subsidiary of OLEDWorks LLC (Rochester, NY, USA), has received an investment grant from the joint task "Improvement of Regional Economic Structure" to expand its OLED...
Bank of Baroda celebrates International Day of Yoga
The Statesman (India)
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June 24, 2025
Bank of Baroda celebrated the International Day of Yoga across all its offices as part of its comprehensive BOB employee health and wellness framework. Demonstrating its long-term commitment to employee well-being, Bank of Baroda launched daily...
Bankers’ Award: Cardoso’s Monetary Reforms At CBN Recognized As Model For Africa
This Day
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June 24, 2025
Ifeanyi Onuba When President Bola Tinubu appointed Olayemi Cardoso as Governor of the Central Bank of Nigeria (CBN) in September 2023, he faced an economy grappling with surging inflation, a volatile exchange rate, and waning investor confidence....
Bank of England urged to rethink HHI concentration risk add-on
Risk.net
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June 24, 2025
The Bank of England (BoE) has been urged to rethink its methodology for measuring credit concentration risk in bank portfolios. The Herfindahl-Hirschman Index (HHI) is used to calculate supervisory add-ons under the UK’s Pillar 2A capital...
BankRI awards $102,650 in grant funding to Rhode Island nonprofits
Providence Business News - Rhode Island
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June 24, 2025
PROVIDENCE – Bank Rhode Island awarded $102,650 in grant money to 38 nonprofit organizations across the state, the bank announced on Monday. The bank’s latest charitable contributions will help fund initiatives that support educational...
Bankable projects, capital mobilisation, and derisking Africa: A glimpse
Business Day
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June 24, 2025
Africa holds some of the world’s most underutilised energy and agricultural resources, home to vast solar potential, the largest untapped hydropower and geothermal reserves, and the second-largest share of arable land. Yet, the continent continues...
Banking Cartel. Competition Authority with complaint after Constitutional Court refuses to consider appeals
Portugal Pulse
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June 23, 2025
In response to Lusa, an official from the Competition Authority (AdC) stated that the entity “filed an objection to the individual decision of the Constitutional Court not to hear the appeals filed by it and the Public Ministry, for the conference...
Florida revises its code on financial services and money transmitters
JD Supra - California
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June 23, 2025
On June 13, the governor of Florida signed HB 1549 and approved amendments to the state’s financial institutions codes and money services business chapter. For financial services, the act (i) changes the due dates for semiannual assessments to...
TBC Bank Uzbekistan Secures $12.5M from Triple Jump
Fintech News Switzerland
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June 23, 2025
Free Newsletter Get the hottest Fintech Switzerland News once a month in your Inbox TBC Bank Uzbekistan (TBC UZ) has secured US$12.5 million in financing from Dutch impact investment firm Triple Jump. The funds will support the bank’s efforts to...
Federal Reserve Drops Reputational Risk Rule, Easing Path for Crypto Banks
Blockonomi
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June 23, 2025
TLDR: Federal Reserve removes reputational risk to focus on measurable financial data in bank supervision. Crypto firms may gain banking access as reputational concerns lose regulatory weight. Banks must enhance internal controls as oversight...
Bank delays stretch mortgage wait times to 10 days
Mortgage Professional Australia
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June 23, 2025
Adding to the complexity are inconsistencies between different lenders' requirements. "We're also still seeing the effects of overly prescriptive deal assessments – a hangover from the CCCFA changes. FAMNZ is calling for fewer forms and a more...
Federal Bank Share Price Target at Rs 235: Kotak Securities
Top News
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Kotak Institutional Equities has reiterated a BUY call on Federal Bank, raising its fair value target to Rs235 from Rs225, reflecting confidence in the bank’s strategic execution and underlying fundamentals. The report underscores Federal Bank’s...
Lowest home loan EMI: These non-bank companies offer home loan interest rates starting at just 8%
The Economic Times
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June 24, 2025
Since the beginning of 2025, the Reserve Bank of India (RBI) has cut the repo rate by 1% (100 basis points), bringing cheer to home loan borrowers as the reduction has led to lower interest rates. Historically, banks have been the go-to option for...
Evolution of merchant banking in Nigeria: Unlocking the next frontier in financial intermediation
Business Day
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June 24, 2025
For much of Nigeria’s financial history, merchant banking has quietly played a foundational, though often underestimated role. From trade finance and corporate advisory in the 1960s to today’s strategic intermediation and capital structuring, the...
Equity investment in Yorkshire and the Humber smaller firms grows despite fall in number of deals - British Business Bank
Yorkshire Business Insider
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Vicky Mears, UK network director, North of England and the Midlands at the British Business Bank (image credit: British Business Bank) Total equity investment into smaller businesses across Yorkshire and the Humber increased by 14.1 per cent to...
What CBN’s forbearance shift means for banks
The Sun Nigeria
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June 24, 2025
By Chinwendu Obienyi As the disruptive tides of the COVID-19 pestilence recede and banks regain their footing, the Central Bank of Nigeria (CBN) has rung the wake-up bell- the era of regulatory forbearance and extended protective measures has come...
Fed Drops 'Reputation Risk' From Bank Exams Amid Backlash To Debanking
Zero Hedge
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Authored by Tom Ozimek via The Epoch Times, The Federal Reserve announced on June 23 that it will no longer factor “reputation risk” into its bank examinations, a move aligned with efforts by Republican lawmakers and the Trump administration to...
Ajman land regulation authority in deal with Ajman Bank
Zawya
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The Ajman Department of Land and Real Estate Regulation has signed a MoU with Ajman Bank, marking a new chapter of collaboration aimed at advancing financial integration and enhancing banking services through innovative and digital-first...