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banks

  • State MP Presents Motion to Stop ‘Relentless’ Banking Branch Closures
    State MP Presents Motion to Stop ‘Relentless’ Banking Branch Closures
    Major banks have been steadily closing branches across Australia citing the popularity of online digital services.
    May 2, 2024BY Monica O’Shea
  • NAB Cash Earnings Slide 16.9 Percent, Still Beating Market Expectations
    NAB Cash Earnings Slide 16.9 Percent, Still Beating Market Expectations
    The bank's share price rose 0.36 percent on the market on Feb. 21.
    February 21, 2024BY Monica O’Shea
  • Rural Bank Closures Leave Vulnerable Australians Struggling: Report
    Rural Bank Closures Leave Vulnerable Australians Struggling: Report
    Branch closures are leaving many regional residents grappling with limited access to essential financial services.
    February 18, 2024BY Isabella Rayner
  • Westpac Shares Rise as Bank Reports $1.5 Billion Profit
    Westpac Shares Rise as Bank Reports $1.5 Billion Profit
    Westpac shares were up 2.52 percent.
    February 18, 2024BY Monica O’Shea
  • Supermarket in Regional Western Australian Town Stops Issuing Cash
    Supermarket in Regional Western Australian Town Stops Issuing Cash
    The temporary measure comes as multiple banks close in the regional town.
    February 16, 2024BY Monica O’Shea
  • Moody’s Cuts NYCB Ratings to Junk, Warns of More Downgrades
    Moody’s Cuts NYCB Ratings to Junk, Warns of More Downgrades
    Rating agency Moody's downgraded New York Community Bancorp's all long-term and some short-term issuer ratings to junk on ...
    February 7, 2024BY Reuters
  • Florida’s CFO Says State Is on Course to De-Bank Wokeness
    Florida’s CFO Says State Is on Course to De-Bank Wokeness
    More than 100 banks across Florida have signed an agreement to not politically discriminate against customers in exchange ...
    January 22, 2024BY Kos Temenes
  • The Banks Are Not OK
    The Banks Are Not OK
    Commentary It has been nine months since the spectacular and sudden collapse of Silicon Valley Bank. After witnessing ...
    December 26, 2023BY Michael Wilkerson
  • Layoffs, Branch Closures Reveal Banking Crisis May Be Far From Over
    Layoffs, Branch Closures Reveal Banking Crisis May Be Far From Over
    The financial sector is still tapping into the Federal Reserve's crisis-era emergency lending facility.
    November 28, 2023BY Andrew Moran
  • 150,000 People Sign Petition Against Cashless Society
    150,000 People Sign Petition Against Cashless Society
    Falling bank and ATM numbers increase fears of a cashless society.
    November 15, 2023BY Monica O’Shea
  • Major Bank Backs National Digital ID ‘For All Australians’
    Major Bank Backs National Digital ID ‘For All Australians’
    National Australia Bank believes industry and community-led digital ID will complement and extend the reach of government digital ...
    November 13, 2023BY Monica O’Shea
  • ‘Stop Herding Us Into a Cashless Society’: Calls for Pause on Bank Closures Following Optus Outage
    ‘Stop Herding Us Into a Cashless Society’: Calls for Pause on Bank Closures Following Optus Outage
    The Optus outage has sparked fears of a world without cash.
    November 9, 2023BY Monica O’Shea
  • Australia Post Will Not Go Cashless: CEO
    Australia Post Will Not Go Cashless: CEO
    Branch closures are putting pressure on Australia Post to provide banking services to regional communities.
    November 7, 2023BY Monica O’Shea
  • US Bank Deposits Held up for Days After ‘Processing Error’ Delayed Numerous Payments
    US Bank Deposits Held up for Days After ‘Processing Error’ Delayed Numerous Payments
    Some customers say they can't pay their rent or mortgage, or haven't received their paychecks.
    November 7, 2023BY Jack Phillips
  • Determine the Best Bonuses for a New Bank Account
    Determine the Best Bonuses for a New Bank Account
    Most banks have always had incentives to lure new customers. In the old days, it was a giveaway ...
    October 11, 2023BY Anne Johnson
  • Commonwealth Bank to Pause Regional Branch Closures, but Says Customers Going Online Fast
    Commonwealth Bank to Pause Regional Branch Closures, but Says Customers Going Online Fast
    A Senate inquiry is examining the impact 600 bank closures in regional communities have had since 2017.
    September 20, 2023BY Andrew Stacey
  • America’s Major Cities Face Looming Financial Crisis
    America’s Major Cities Face Looming Financial Crisis
    Commentary As the issuer of a sovereign currency, the U.S. federal government can always "print" its way out ...
    August 23, 2023BY J.G. Collins
  • Keep Cash Points Open or Get Fined, UK Banks Told
    Keep Cash Points Open or Get Fined, UK Banks Told
    British banks could be fined if they fail to maintain a minimum level of free access to cash, ...
    August 18, 2023BY Lily Zhou
  • Fitch Warns It Might Downgrade Dozens of US Banks After Slashing America’s Credit Rating
    Fitch Warns It Might Downgrade Dozens of US Banks After Slashing America’s Credit Rating
    A senior analyst at Fitch warned on Tuesday that the credit rating agency may be forced to slap ...
    August 15, 2023BY Tom Ozimek
  • Italy Shocks Banks With 40 Percent Windfall Tax for 2023
    Italy Shocks Banks With 40 Percent Windfall Tax for 2023
    ROME—Italy dealt a surprise blow to its banks and sent shockwaves across the sector in Europe by setting ...
    August 8, 2023BY Reuters
  • Moody’s Downgrades Credit Ratings of Regional US Banks, Could Cut Others
    Moody’s Downgrades Credit Ratings of Regional US Banks, Could Cut Others
    Moody's slashed the credit ratings of several small to mid-sized American banks and warned that it may do ...
    August 8, 2023BY Bryan Jung
  • Growing Number of US Banks Tightening Credit Standards for Businesses, Consumers: Fed
    Growing Number of US Banks Tightening Credit Standards for Businesses, Consumers: Fed
    Roughly 51 percent of banks said they had tightened lending standards for commercial and industrial loans.
    August 1, 2023BY Katabella Roberts
  • The Weaponization of Your Bank
    The Weaponization of Your Bank
    Commentary The war on conservatives and traditional values has expanded to a new and threatening front. Commercial banks, ...
    July 26, 2023BY Michael Wilkerson
  • Banks Are Canceling People for Their Political Views: Toby Young
    Banks Are Canceling People for Their Political Views: Toby Young
    Nigel Farage, the former head of the UK Independence Party, revealed recently that he was canceled by his ...
    July 25, 2023BY Joshua Philipp
  • Government to Clamp Down on ‘Unfair’ Bank Account Closures With New Rules
    Government to Clamp Down on ‘Unfair’ Bank Account Closures With New Rules
    Banks will be forced to explain and delay any decision to close an account under freedom of expression ...
    July 21, 2023BY Owen Evans
  • Consumer Group Concerned as Banks Wrongly Close and Label Accounts as Fraudulent
    Consumer Group Concerned as Banks Wrongly Close and Label Accounts as Fraudulent
    A consumer group said it's concerned that some banks are wrongly closing customers' accounts over fraud suspicion and ...
    July 15, 2023BY Lily Zhou
  • UK Banks Can Withstand Deep Recession: Bank of England
    UK Banks Can Withstand Deep Recession: Bank of England
    The UK banking system would be able to withstand a severe economic turbulence, deeper than the 2008 financial ...
    July 12, 2023BY Evgenia Filimianova
TOP NEWS
  • Senate Panel Advances Bill to Make Hospitals Compete on Price
    NEW By Lawrence Wilson
    Senate Panel Advances Bill to Make Hospitals Compete on Price
  • House Adopts Budget Blueprint for $95 Billion Reconciliation Package
    NEW By Jackson Richman
    House Adopts Budget Blueprint for $95 Billion Reconciliation Package
  • House Passes Congressional Stock Trading Ban
    1hr By Jackson Richman and Nathan Worcester
    House Passes Congressional Stock Trading Ban
  • US Reaches Nuclear Deal With Saudi Arabia
    1hr By Emel Akan
    US Reaches Nuclear Deal With Saudi Arabia
  • House Passes Defense Policy Bill That Attaches SAVE America Act
    1hr By Jackson Richman
    House Passes Defense Policy Bill That Attaches SAVE America Act
  • Allergy Medication Recalled Over Possible ‘Life-Threatening’ Risks
    2hr By Jack Phillips
    Allergy Medication Recalled Over Possible ‘Life-Threatening’ Risks
  • US, Ukraine Sign Agreement for Drone Testing
    2hr By Jill McLaughlin
    US, Ukraine Sign Agreement for Drone Testing
  • White House Says NJ Noncitizen Voter Error Suggests Need for SAVE America Act
    3hr By Jack Phillips
    White House Says NJ Noncitizen Voter Error Suggests Need for SAVE America Act
  • Doctor Urges Medical Community to Take Action Against China’s Forced Organ Harvesting
    4hr By Frank Fang
    Doctor Urges Medical Community to Take Action Against China’s Forced Organ Harvesting
  • Ford Recalls Nearly 390,000 Vehicles for Potential Second-Row Seat Hazard
    4hr By Mary Prenon
    Ford Recalls Nearly 390,000 Vehicles for Potential Second-Row Seat Hazard
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