Tag: banking
Revolut Strengthens Global Reach with Peru Banking License Application
Revolut aims to expand its services in South America through a new banking license.Highlights: Revolut files for a banking license in Peru.This move aims...
Bank Shares Decline Amid Trump’s Proposal to Cap Card Fees
Analyzing the impact of regulatory changes on bank profitability.Highlights: Trump's plan to cap card fees announced, affecting major banks.Bank shares drop significantly following the...
Nationwide Launches Call Checker Service to Combat Impersonation Scams
A new tool from Nationwide aims to protect customers from fraudsters impersonating bank staff.Highlights: Nationwide introduces a Call Checker Service for enhanced customer security.The...
Citigroup Exits Russia with $12 Billion Loss in Operations Sale
A significant move in Citigroup's strategy amidst geopolitical tensions.Highlights: Citigroup announces the sale of its remaining operations in Russia.The bank incurs an estimated loss...
Lloyds to Cease Invoice Financing Services According to FT Reports
A significant shift in Lloyds' financial services strategy amid changing market conditions.Highlights: Lloyds Bank plans to shut its invoice financing services.The decision signals a...
Wandhöfer Leads Open Finance Initiative in the UK
A new chapter in the UK's financial landscape with open finance strategies.Highlights: Wandhöfer appointed to lead UK open finance initiative.Aims to enhance collaboration within...