Tag #Banking

Showing 25 to 36 of 274 results

dailymail.co.uk
🌐 75% Global Worthiness
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Commonwealth Bank Profits Soar Despite CEO's Warning of Continued Borrower Hardship

Commonwealth Bank reported a record \$10.3 billion cash profit for 2024-25 despite CEO Matt Comyn predicting continued hardship for many borrowers; the Reserve Bank of Australia cut interest rates to 3.6 percent, and further cuts are anticipated.

Progress

44% Bias Score

Reduced Inequality
thetimes.com
🌐 85% Global Worthiness
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Nine-Week Delay in ISA Transfer Costs Customer £1,500

A customer's £15,000 ISA transfer from Halifax to Fidelity was delayed for nine weeks due to a lost cheque, resulting in £1,500 in lost investment returns and significant customer distress. Halifax ultimately compensated the customer.

Progress

56% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Berkshire Hathaway Stock Slumps 14% Post-Buffett Retirement

Berkshire Hathaway's Class A shares have dropped 14 percent since Warren Buffett's retirement announcement in May, contrasting sharply with the S&P 500's 11 percent increase, creating the largest gap since 1990, driven by investor uncertainty about the company's future under new leadership.

Progress

48% Bias Score

Reduced Inequality
zeit.de
🌐 75% Global Worthiness
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Former Bank Employee on Trial for €2.1 Million Elder Fraud

A 58-year-old former German bank employee is on trial for defrauding elderly clients of over €2.1 million between 2012 and 2024, with €750,000 in non-time-barred cases. Authorities are pursuing asset recovery, while a civil suit against the bank is ongoing.

Progress

44% Bias Score

Reduced Inequality
aljazeera.com
🌐 85% Global Worthiness
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Trump Accuses Banks of Political Discrimination, Prompts Regulatory Review

Former US President Donald Trump alleges that JPMorgan Chase and Bank of America discriminated against him by refusing his deposits, prompting a potential executive order to investigate 'politicized debanking' and causing a market downturn for involved banks.

Progress

44% Bias Score

Reduced Inequality
news.sky.com
🌐 90% Global Worthiness
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UK Supreme Court to Rule on Car Finance Commission Disclosure

The UK Supreme Court rules today on whether car buyers must be informed about dealer commissions on finance deals, potentially impacting banks and millions of motorists with a compensation scheme costing up to £44 billion.

Progress

44% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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Piraeus Bank's Ethniki Asfalistiki Acquisition Approved by Greek Competition Commission

Greece's Competition Commission approved Piraeus Bank's €600 million acquisition of Ethniki Asfalistiki, concluding it won't harm market competition; the deal awaits further regulatory approvals and is projected to impact Piraeus Bank's capital adequacy ratio.

Progress

32% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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CIBC Announces Major Leadership Restructuring

CIBC announces Harry Culham as its new CEO, effective November 1, 2024, replacing Victor Dodig; concurrently, Shawn Beber (head of U.S. region) and Kikelomo Lawal (chief legal officer) are departing, with several other senior executives assuming new roles.

Progress

36% Bias Score

Decent Work and Economic Growth
pda.kp.ru
🌐 75% Global Worthiness
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Russian Bank Deposit Rates Stabilize After Months of Decline

Following a consistent decline since May, Russian bank deposit rates paused in early August 2025, with average rates across top-20 banks settling at 16.21% (3 months), 15.34% (6 months), and 14.4% (1 year) as of August 4th, driven by the Central Bank's key rate reductions.

Progress

40% Bias Score

Reduced Inequality
it.euronews.com
🌐 85% Global Worthiness
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Sabadell Sells TSB to Santander for £2.65 Billion

Banco Sabadell sold its British subsidiary, TSB, to Banco Santander for £2.65 billion (approximately €3.05 billion) on Wednesday, a strategic move to bolster its financial standing amid a hostile takeover bid by BBVA.

Progress

36% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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Greek Banks Explore Shared ATM Network to Offset Fee Elimination

Facing financial losses from a new law eliminating interbank ATM fees in Greece, starting August 11th, banks are considering a shared ATM network model, similar to Portugal's Multibanco, to reduce operational costs and improve geographical coverage.

Progress

48% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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Barclays Withdraws from UN Net-Zero Banking Alliance

Barclays became the second UK bank to leave the UN's Net-Zero Banking Alliance (NZBA) on Friday, following HSBC's July exit and a previous wave of US bank withdrawals, citing the departure of most global banks as rendering the group ineffective. This follows pressure from climate-skeptic administrat...

Progress

40% Bias Score

Climate Action

Showing 25 to 36 of 274 results