Showing 109 to 120 of 216 results
CBA Results Highlight Uneven Impact of Cost-of-Living Crisis in Australia
CBA's half-year results show rising personal loan arrears among low-income Australians struggling with cost-of-living pressures, while mortgage arrears increased modestly; the bank expects rate cuts to ease the situation, but the uneven impact of the crisis remains a concern.
CBA Results Highlight Uneven Impact of Cost-of-Living Crisis in Australia
CBA's half-year results show rising personal loan arrears among low-income Australians struggling with cost-of-living pressures, while mortgage arrears increased modestly; the bank expects rate cuts to ease the situation, but the uneven impact of the crisis remains a concern.
Progress
44% Bias Score
Generative AI Adoption in Banking: Practical Applications and Future Implications
Banks and credit unions utilize generative AI for improved intranets (internal chatbots), content creation (sales, marketing, training), and customer service (human-in-the-loop), mitigating risks through established partners like Microsoft to address data security and AI hallucination challenges.
Generative AI Adoption in Banking: Practical Applications and Future Implications
Banks and credit unions utilize generative AI for improved intranets (internal chatbots), content creation (sales, marketing, training), and customer service (human-in-the-loop), mitigating risks through established partners like Microsoft to address data security and AI hallucination challenges.
Progress
40% Bias Score
French Banks to Consolidate ATM Networks, Reducing Costs and Expanding Access
The number of Cash Services ATMs in France will increase to nearly 3,000 by the end of 2025, as three major banks consolidate their networks, reducing the total number of ATMs from 15,000 to approximately 10,000 by mid-2026 to cut costs, while also deploying ATMs in underserved areas.
French Banks to Consolidate ATM Networks, Reducing Costs and Expanding Access
The number of Cash Services ATMs in France will increase to nearly 3,000 by the end of 2025, as three major banks consolidate their networks, reducing the total number of ATMs from 15,000 to approximately 10,000 by mid-2026 to cut costs, while also deploying ATMs in underserved areas.
Progress
36% Bias Score
Comdirect Offers 2.25% Interest for 3 Months to New Customers
Comdirect Bank, a Commerzbank subsidiary, offers new customers a 2.25% annual interest rate on up to €1,000,000 for three months with a new Girokonto Aktiv; afterward, the rate drops to 0.5%, paid quarterly, unlike competitors offering monthly interest payouts.
Comdirect Offers 2.25% Interest for 3 Months to New Customers
Comdirect Bank, a Commerzbank subsidiary, offers new customers a 2.25% annual interest rate on up to €1,000,000 for three months with a new Girokonto Aktiv; afterward, the rate drops to 0.5%, paid quarterly, unlike competitors offering monthly interest payouts.
Progress
40% Bias Score
Russian Banks Cut Deposit Rates Amidst Central Bank's Stable Key Rate
Several major Russian banks, including Sber, VTB, Sovcombank, and Alfa-Bank, recently lowered interest rates on ruble deposits, following the Central Bank's decision to maintain the key rate at 21% in December 2024 due to slowing inflation and an absence of economic shocks; further rate decreases ar...
Russian Banks Cut Deposit Rates Amidst Central Bank's Stable Key Rate
Several major Russian banks, including Sber, VTB, Sovcombank, and Alfa-Bank, recently lowered interest rates on ruble deposits, following the Central Bank's decision to maintain the key rate at 21% in December 2024 due to slowing inflation and an absence of economic shocks; further rate decreases ar...
Progress
28% Bias Score
Solaris Fintech Secures "140 Million Euros" in Funding After "178 Million Euro" Loss
The German fintech company Solaris, once valued at over a billion euros, reported "178 million euros" in losses for 2023 and underwent multiple rounds of layoffs, before securing "140 million euros" in funding from investors, led by SBI Group, to avoid liquidation.
Solaris Fintech Secures "140 Million Euros" in Funding After "178 Million Euro" Loss
The German fintech company Solaris, once valued at over a billion euros, reported "178 million euros" in losses for 2023 and underwent multiple rounds of layoffs, before securing "140 million euros" in funding from investors, led by SBI Group, to avoid liquidation.
Progress
48% Bias Score
Unicredit Reports Record 2024 Profits; CEO Addresses M&A Speculation
Unicredit reported record 2024 net profits of €9.7 billion, exceeding expectations, while CEO Andrea Orcel addressed potential mergers with Banco BPM and Commerzbank, clarifying the investment in Generali as purely financial.
Unicredit Reports Record 2024 Profits; CEO Addresses M&A Speculation
Unicredit reported record 2024 net profits of €9.7 billion, exceeding expectations, while CEO Andrea Orcel addressed potential mergers with Banco BPM and Commerzbank, clarifying the investment in Generali as purely financial.
Progress
48% Bias Score
NatWest Cuts Mortgage Rates Amidst Price War
NatWest is lowering mortgage rates by up to 0.36 percentage points, following similar cuts by other lenders, creating a competitive price war and potentially driving rates below 4% for the first time since November.
NatWest Cuts Mortgage Rates Amidst Price War
NatWest is lowering mortgage rates by up to 0.36 percentage points, following similar cuts by other lenders, creating a competitive price war and potentially driving rates below 4% for the first time since November.
Progress
40% Bias Score
Comparison of Daily Deposit Interest Rates: Santander, Trade Republic, and Competitors
Santander Consumer Bank offers a promotional 2.75% annual interest rate on daily deposits for four months, while Trade Republic provides 2.75% indefinitely; however, Santander's standard rate is only 0.3%, significantly lower than competitors like comdirect, Consorsbank, and DKB.
Comparison of Daily Deposit Interest Rates: Santander, Trade Republic, and Competitors
Santander Consumer Bank offers a promotional 2.75% annual interest rate on daily deposits for four months, while Trade Republic provides 2.75% indefinitely; however, Santander's standard rate is only 0.3%, significantly lower than competitors like comdirect, Consorsbank, and DKB.
Progress
48% Bias Score
Targobank Tagesgeld: 2.4% Interest, Annual Payouts
Targobank's Tagesgeld account offers a 2.4% annual interest rate for six months on deposits up to €1,000,000, but interest is credited annually, unlike competitors such as Openbank with monthly payouts; deposits are insured up to €100,000.
Targobank Tagesgeld: 2.4% Interest, Annual Payouts
Targobank's Tagesgeld account offers a 2.4% annual interest rate for six months on deposits up to €1,000,000, but interest is credited annually, unlike competitors such as Openbank with monthly payouts; deposits are insured up to €100,000.
Progress
44% Bias Score
Senate Investigates Allegations of Regulatory Pressure on Crypto Firms
U.S. Senators are investigating allegations that federal regulators pressured banks to cut ties with cryptocurrency firms, leading to widespread debanking and impacting businesses like Anchorage Digital, which lost a corporate bank account and laid off 20% of its staff; the hearings follow reports a...
Senate Investigates Allegations of Regulatory Pressure on Crypto Firms
U.S. Senators are investigating allegations that federal regulators pressured banks to cut ties with cryptocurrency firms, leading to widespread debanking and impacting businesses like Anchorage Digital, which lost a corporate bank account and laid off 20% of its staff; the hearings follow reports a...
Progress
60% Bias Score
NAB Leads Big Four Banks in Fixed-Rate Mortgage Cuts Amid Inflation Slowdown
NAB, the first of Australia's Big Four banks, cut its fixed-rate mortgages, with the one-year rate dropping by 20 basis points to 6.09 percent and the three-year rate falling to 5.84 percent, reflecting expectations of further Reserve Bank of Australia rate cuts in February 2025 amid moderating infl...
NAB Leads Big Four Banks in Fixed-Rate Mortgage Cuts Amid Inflation Slowdown
NAB, the first of Australia's Big Four banks, cut its fixed-rate mortgages, with the one-year rate dropping by 20 basis points to 6.09 percent and the three-year rate falling to 5.84 percent, reflecting expectations of further Reserve Bank of Australia rate cuts in February 2025 amid moderating infl...
Progress
40% Bias Score
Showing 109 to 120 of 216 results