Tag #Banking

theglobeandmail.com
🌐 75% Global Worthiness
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Canada Unemployment Rate Jumps to Multiyear High Amid Strong Job Growth

Canada's unemployment rate surged to a 6.8 percent in November, its highest since January 2017, despite adding nearly 51,000 jobs; this development is likely to prompt another substantial interest-rate cut by the Bank of Canada.

Progress

36% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 65% Global Worthiness
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ING Spain Seeks New CEO After Key Executive's Departure

Following Ignacio Juliá's move to Banco Santander on October 1st, 2024, ING Spain is conducting a CEO search, with Almudena Román serving as interim CEO; the process is expected to last into 2025 and includes internal and external candidates.

Progress

44% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
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BBVA Seeks CNMC Approval for Sabadell Takeover, Enhancing Remedies to Address Competition Concerns

BBVA is attempting to secure approval from Spain's CNMC for its hostile takeover of Banco Sabadell by enhancing its proposed remedies addressing competition concerns, especially regarding SMEs, after the initial proposal was deemed insufficient in the first phase of the review process.

Progress

32% Bias Score

aljazeera.com
🌐 85% Global Worthiness
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Gaza Aid Crisis: Banks Close Accounts of Muslim Charities

Muslim charities aiding Palestinians in Gaza face widespread bank account closures due to increased scrutiny and risk aversion by banks, hindering humanitarian efforts and impacting aid delivery amidst the ongoing conflict.

Progress

48% Bias Score

welt.de
🌐 20% Global Worthiness
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Targobank Tagesgeld: Interest Rates and Conditions

An analysis of the Targobank Tagesgeld account, including interest rates, conditions, advantages, and disadvantages.

Progress

24% Bias Score

dailymail.co.uk
🌐 75% Global Worthiness
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UK Bank Faces Billions in Potential Payouts After Court Ruling

A UK court ruling on bank commissions could trigger a major financial scandal, impacting Close Brothers and potentially the wider financial sector.

Progress

48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Citi's Digital Transformation: 25 Million Active Digital Users and a Focus on AI

Citigroup reports 19 million active mobile users and 25 million active digital users, showcasing its successful digital transformation strategy focused on improving customer experience, leveraging data, and integrating AI responsibly for enhanced efficiency and fraud detection.

Progress

60% Bias Score

dailymail.co.uk
🌐 75% Global Worthiness
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Commonwealth Bank Pauses \$3 Cash Withdrawal Fee After Backlash

Commonwealth Bank paused a \$3 in-person cash withdrawal fee for some customers after public backlash, impacting approximately 10% of customers, following criticism of insufficient communication and potential unfairness; the bank will consult with affected customers to find more suitable account typ...

Progress

52% Bias Score

zeit.de
🌐 75% Global Worthiness
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German Court Forces Bank to Accept Far-Right Magazine as Client

A German court ordered a bank to open an account for the far-right magazine Compact after others refused, ruling that denying service based on the magazine's views is unlawful; this decision is final.

Progress

56% Bias Score

Peace, Justice, and Strong Institutions
pda.ufa.kp.ru
🌐 20% Global Worthiness
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VTB Expands in Bashkiria

VTB Bank to open six new offices in Bashkiria, expand mobile services.

Progress

24% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 25% Global Worthiness
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Joint Savings Accounts in the UK: A Difficult Task

The article discusses the difficulties faced by UK customers when trying to open joint savings accounts due to banks' reluctance to offer competitive rates for such accounts.

Progress

40% Bias Score

No Poverty
theguardian.com
🌐 45% Global Worthiness
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Australian Political and Economic News

This article discusses several key political and economic issues in Australia, including a potential bank levy, stalled nurse pay negotiations, and proposed electoral reforms.

Progress

24% Bias Score

Reduced Inequality