Browsing Category
Banking
When Do You Need A Banking Licence?
Such documents are the basis for a credit establishment registered as a legal entity carrying out banking operations. Permission specifies activities to which a given credit union is entitled, as well as the currency in which these banking…
How To Choose The Right Loan Origination Software For Your Bank?
Banks and credit unions play a fiduciary role to their depositors and also comply with NCUA and FDIC regulations and clauses. Yet banks vie against their competitors to increase their profitability by driving up their lending business.
Barclays Profits Slump Following Costly US Trading Error
British bank Barclays has seen its profits tumble 24% in the first half following a costly trading error in the US. A charge to cover loan losses during the cost of living crisis has also impacted the bank’s books.
US Inflation Is Rising Quicker Than Expected
In June, the Consumer Price Index (CPI) jumped 1.3% compared to the 1% increase seen in May, serving as a clear sign that inflation is still running rampant.
Goldman Sachs Hires Google Exec For New Innovation Group
US investment bank Goldman Sachs has hired Alphabet’s Jared Cohen to help launch a new innovation group. This is according to a memo obtained by CNBC.
