Latest News for: Banking wholesale


High interest rates to continue for longer - ANZ economist

RNZ 28 Feb 2024
Households and business will be paying high interest rates for longer, as a result of the OCR remaining unchanged, ANZ bank chief economist Sharon Zollner says. The Reserve Bank kept the OCR at 5.5 percent and issued a less aggressive statement.

SICO reports 23pc jump in net profit

GDN Online 27 Feb 2024
SICO, licensed as a conventional wholesale bank by the ...

Spain’s financial regulator warns against unlicensed exchanges

Cryptopolitan 27 Feb 2024
Concurrently, the Bank of Spain is actively exploring the feasibility of introducing a central bank digital currency (CBDC). In January 2024, the bank selected collaborators to participate in piloting a wholesale CBDC.

SICO reports BD 4.4mln in net profit attributable to shareholders for the year ended 31 ...

bizbahrain 27 Feb 2024
SICO BSC (c), licensed as a conventional wholesale bank by the Central Bank of BahrainCBB”, announced today its consolidated results for the fourth quarter and year ended 31 December 2023.

Funding Secured for More Morganton Retail

The Pilot 27 Feb 2024
Funding was secured for phase two of Morganton Park South by BWE, a national commercial and multifamily mortgage banking company. This phase includes the BJ’s Wholesale Club, adjoining fuel station and Starbucks. × This page requires Javascript ... .

Banks look at bonds, rights issue amid stretched loan-to-deposit ratios

Business Line 25 Feb 2024
Private banks are most exposed to this risk, as their LDR could cross 97 per cent in our alternate scenario. Banks will have to supplement deposits with onshore and offshore wholesale borrowings, potentially at a higher cost.

Kavitha named accused in Delhi liquor policy ‘scam’ by CBI: Reports

The Siasat Daily 24 Feb 2024
The agency has alleged that these kickbacks are found to have been returned to them subsequently out of the profit margins of wholesalers holding L-1 licences through different modes, like issuance of ...

Private credit deals rise 47% to $7.8 billion in 2023

Financial Express 23 Feb 2024
Bharat Gupta, debt and special situations partner, EY India, said, “A growing economy, a cautious banking sector and a deliberate reduction in the wholesale books of NBFCs continue to provide a ...

Interest rate pain: How did we get here, when does it end?

RNZ 22 Feb 2024
Now, the country's largest bank expects two more official cash rate (OCR) increases before cuts can begin ... That's the way the wholesale markets are moving - banks set their home loan fixed rates with an eye on those wholesale fixed rates.".

US urges UN court not to rule against Israeli occupation

Beijing News 22 Feb 2024
"Any movement towards Israel's withdrawal from the West Bank and Gaza requires consideration for Israel's very real security needs," Visek told the 15-judge panel ... Israel first occupied the West Bank and Gaza following the Six-Day War in 1967.

Could the Federal Reserve rule out rate cuts in 2024?

CNN 22 Feb 2024
Now, some are wondering if the central bank might not cut rates at all in 2024. Sticky consumer and wholesale inflation, shown in fresh data released last week, stoked fears that the Fed will keep rates higher for longer than previously expected.

Gold rises on support from Middle East tension

Business Day 22 Feb 2024
US gold futures edged 0.1% higher to $2,036.9/oz ... January inflation data, with consumer and wholesale prices rising faster than expected, complicate upcoming US central bank interest rate decisions, Richmond Fed president Thomas Barkin said ... Reuters .

The Destabilization of Haiti: Anatomy of a Military Coup d’Etat

GlobalResearch 22 Feb 2024
Most of the revenue resulting from the cocaine transshipment trade accrues to criminal intermediaries in the wholesale and retail narcotics trade, to the intelligence agencies which protect the drug ...

Morgan Stanley expects shallow repo rate cut from June policy meeting

Beijing News 21 Feb 2024
Morgan Stanley expects the Reserve Bank of India to start cutting rates from June 2024, with both retail and wholesale inflation figures remaining at a manageable level ... The repo rate is the rate of interest at which RBI lends to other banks.

New York Community Bank and Flagstar Bank Complete the Operational Conversion of Systems and Retail ...

Longview News-Journal 21 Feb 2024
New York Community Bank and Flagstar Bank client accounts unified ... Clients are now unified under a single platform, which includes access to enhanced online and mobile banking tools, and a new Flagstar mobile app ... Flagstar Bank, N.A.