Tag: banking
Business banking ‘a standout’ as Kiwibank sees full-year profit drop
Navigation for News Categories Kiwibank chief executive Steve Jurkovich Photo: Kiwibank Kiwibank has posted a lower full-year profit on the back of increased costs and a fall in margins. Key numbers for the year ended June compared with a year ago: Net profit $191m vs $202m Net interest income $858m vs $824m Lending $35.8b vs
Banking Giants Exploring Inter-Bank Stablecoin
Reading Time: 2 minutesMajor U.S. banks have initiated talks to develop a shared stablecoin for interbank settlements The proposed token would be backed 1:1 with U.S. dollars and built on permissioned blockchain infrastructure JPMorgan’s JPM Coin is not part of the effort but serves as an example of bank-issued digital assets in use today Several
Indian banking saw a 40% increase in wilful defaults in two years
Indian banks have managed to bring down non-performing loans (NPA) in two years, but their wilful defaults rose by 38.5%, or $11.4 billion.Read more...
Canada’s banking regulator seeks input on proposals that could mean big changes for mortgage lending
Canada's banking regulator seeks input on proposals that could mean big changes for mortgage lending The Globe and Mail Banking regulator launches consultations on mortgage rules, proposes additions - Business News Castanet.net B…
Digital Banking Market to Witness Massive Growth by 2028 : Backbase, Technisys, Infosys
The Global Digital Banking Market to witnessed good recovery in growth post first half of 2022 and is projected coverup market sizing during the forecast period (2022-2028).Pune, Maharashtra -- (SBWIRE) -- 12/28/2022 -- The Latest research study released by HTF MI "Global Digital Banking Market" with 100+ pages of analysis on business Strategy taken up
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Betting
World Cup betting markets shift after Jordan Henderson’s bizarre celebration injury
Jordan Henderson, the 36-year-old England midfielder, will miss the remainder of the 2026 FIFA World Cup after suffering a serious wrist and forearm injury during post-match celebrations on July 6. He wasn’t even playing when it happened. Henderson was an unused substitute in England’s dramatic 3-2 victory over Mexico in the round of 16. The
Kraken's
Kraken’s World Cup debut and Brazil’s collapse: what crypto gets from the beautiful game
Brazil came into the 2026 World Cup as one of the tournament favorites. They left in the Round of 16, beaten 2-1 by Norway, undone in part by a tactical decision that raised eyebrows across the footballing world: deploying 34-year-old Casemiro as a central striker, a position he hadn’t occupied in years. Haaland scored both
Balogun’s
FIFA overturns Balogun’s red card, Trump intervenes for US World Cup match
https://www.nytimes.com/athletic/7424790/2026/07/06/folarin-balogun-red-belgium-explanation/ FIFA’s Disciplinary Committee has overturned the red card suspension of Folarin Balogun, a key player for the U.S. Men’s National Team, allowing him to participate in the upcoming Round of 16 match against Belgium. This decision, made under Article 27 of the FIFA Disciplinary Code, places Balogun on a one-year probationary period, enabling him
Foreign
UK Foreign Secretary Warns World Cannot Wait for ‘AI Hiroshima’ Before Acting
UK Foreign Secretary Yvette Cooper has warned that the world cannot wait for an AI equivalent of Hiroshima before acting, urging global powers to build consensus on artificial intelligence (AI) safety principles and standards. Cooper made the case in an essay, positioning Britain to lead international talks on the technology. ...