Latest News for: Bank assets

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BNY Mellon Sees Meaningful Revenue In Crypto by 2023 Post Clear Regulations

CoinGape 19 Jan 2022
On Tuesday, January 18, the bank’s chief financial officer Emily Portney said that the bank is collaborating with Fireblocks, a unicorn FinTech that allows financial institutions to store crypto assets ... Banking giant BNY Mellon has been in holding and servicing assets on behalf of clients.
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BankProv to Scale its Specialty Banking Team to Serve Underserved Markets

Eagle-Tribune 19 Jan 2022
18, 2022 /PRNewswire/ -- BankProv, a future-ready commercial bank that offers adaptive and technology-first banking solutions to emerging markets, is expanding its Digital Asset team as the Bank pushes its full-service offering for the cryptocurrency community to the next level ... Vice President, Digital Asset Banking.
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Lao central bank issues licenses for cryptocurrency exchange platforms

China.dot.org 19 Jan 2022
19 (Xinhua) -- Lao central bank, the Bank of the Lao PDR (BOL), has issued licenses authorizing two companies to trade in cryptocurrencies ... of digital assets ... The bank has also put in place measures to mitigate risks to the economy that may arise from the trade in crypto assets.
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Bank First Announces Net Income for the Fourth Quarter of 2021

Longview News-Journal 19 Jan 2022
18, 2022 /PRNewswire/ --�Bank First Corporation (NASDAQ. BFC) ("Bank First" or the "Bank"), the holding company for Bank First, N.A., reported net income of $11.2 million, or $1.46 per share, for the fourth quarter of 2021, compared with net income of $11.5 million, or $1.49 per share, for the prior-year fourth quarter ... Asset Quality.
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Webster Financial Corporation Declares Common and Preferred Dividends

Victoria Advocate 19 Jan 2022
Webster Bank owns the asset-based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and HSA Bank, a division of Webster Bank, which provides health savings account trustee and administrative services.
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IndusInd Bank sells Rs 4,050 crore distressed retail and corporate loans to ARC in last nine months

The Times of India 19 Jan 2022
IndusInd Bank's aim to maintain its net non-performing assets below 1% could have prompted the lender ...
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Price volatility, formal links to the financial services sector - cryptocurrency predictions for this year

Independent online (SA) 19 Jan 2022
In anticipation of cryptocurrency regulations in South Africa, several asset managers are working behind the scenes to craft crypto products and solutions ... Regulation will also boost the number of formal partnerships between banks and crypto companies, which will facilitate greater crypto adoption ... Central banks bringing crypto closer.
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Signature Bank Announces Pricing of Public Stock Offering

Cadillac News 19 Jan 2022
Signature Bank (Nasdaq. SBNY), a New York-based full-service commercial bank, announced today the pricing of its underwritten offering of 2,100,000 shares of common stock at $352.00 per share ... About Signature Bank. Signature Bank (Nasdaq ... Since commencing operations in May 2001, Signature Bank reached $118.45 billion in assets as of December 31, 2021.
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IT, banks among hottest stock picks in India for 2022

The Times of India 19 Jan 2022
The sustained boom in global tech spending, a revival of local housing demand and a rebound in bank earnings are expected to be among the key drivers of gains for India’s stock market this year ... Banks ... Top picks include State Bank of India, ICICI Bank Ltd. and Axis Bank Ltd.
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Tech, banking names are among hottest India stock picks for 2022

The Times of India 19 Jan 2022
The sustained boom in global tech spending, a revival of local housing demand and a rebound in bank earnings are expected to be among the key drivers of gains for India’s stock market this year ... Following a multi-year credit crisis exacerbated by the Covid-19 economic hit, analysts expect the worst has passed for lenders’ asset quality and loans.
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Reinstate GN bank – PPP begs Akufo-Addo

Ghana Web 19 Jan 2022
The Progressive Peoples Party (PPP) is appealing to President Akufo-Addo to intervene for the reinstatement of the license of GN Bank. According to the PPP, nothing has changed after the revocation of the licenses of a number of Ghanaian banks which includes the GN bank ... Many valuable assets are simply rotting away.
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Reinstate GN bank – PPP appeals Akufo-Addo

Ghana Web 19 Jan 2022
The Progressive Peoples Party (PPP) is appealing to President Akufo-Addo to intervene for the reinstatement of the license of GN Bank. According to the PPP, nothing has changed after the revocation of the licenses of a number of Ghanaian banks which includes the GN bank ... Many valuable assets are simply rotting away.
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UAE-based trade finance platform 360tf raises $1.5m five months into launch

Gulf News 19 Jan 2022
The portal connects banks and businesses to manage their letters of credit financing needs ... 360tf operates as a scalable cloud-based platform that will leverage new technology in trade finance such as the tokenization of trade assets for distribution to untapped non-bank liquidity sources.
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ANZ predicts 'painful' rise in interest rates

NewstalkZB 19 Jan 2022
New Zealand's largest bank is predicting interest rates will have to rise much further than it has previously forecast, as central banks face an uphill battle to contain inflation ... ANZ Bank chief economist Sharon Zollner warned a 3 per cent OCR was likely to be painful, but would be needed to get inflation under control.
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Shetty bid to sell London flat delays Barclays’ court pursuit of $131m from NMC founder

The Times/The Sunday Times 19 Jan 2022
... Shetty, the founder of NMC Health and Finablr, over which the bank has been granted a worldwide freezing and asset disclosure order.Sponsored.
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