Latest News for: Banks assets

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Federal Reserve, FDIC, OCC Discuss Allowing Banks to Hold Crypto on Balance Sheets

Bitcoin 28 Oct 2021
bank regulators is working on providing a roadmap for banks to engage with crypto assets ... While establishing clear rules for banks to provide custody services is easy, the FDIC boss explained that it is difficult to figure out how to allow a volatile asset to be used as collateral and include it on bank balance sheets.
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It's time for banks to take the next step on climate risk

GreenBiz 28 Oct 2021
In order to protect our financial system, bank examiners from these agencies routinely review the activities and assets of the institutions they regulate to identify "unsafe or unsound" activities or assets that may create too much risk for these individual institutions and the banking system as a whole.
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Switzerland’s Pictet, Bangkok Bank form wealth management alliance

Metro USA 28 Oct 2021
Bangkok Bank is Thailand’s largest bank by total assets, the two firms said in a joint statement, while Pictet had $746 billion worth of assets under management or ...
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Switzerland's Pictet, Bangkok Bank form wealth management alliance

Reuters 28 Oct 2021
Bangkok Bank is Thailand's largest bank by total assets, the two firms said in a joint statement, while Pictet had $746 billion worth of assets under management or custody at the end ...
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GTCO reports profit before tax of N151.9bn in Q3 2021

Business Day Online 28 Oct 2021
GTCO is a leading financial services group with banking operations in Nigeria, West Africa, East Africa, United Kingdom alongside new businesses in Payment, Asset Management and Pension Fund Administration. Its leadership in the banking industry and efforts at empowering people and communities has earned it many prestigious awards over the years.
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The Roadmap For Banks Adopting Bitcoin

Bitcoin Magazine 28 Oct 2021
banking regulators are exploring how traditional banks can hold bitcoin for various purposes ... banking regulators are exploring a roadmap for traditional banks to hold bitcoin so that the asset can be used for client trading, as collateral for lending or just to exist on banks’ balance sheets.
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Fino Payments Bank IPO opens tomorrow: Should you give it a try?

The Times of India 28 Oct 2021
"The company has an asset-light and scalable business model, with operational experience and expertise ... Brokerage firm Religare Broking said, "Fino Bank operates an asset-light business model which is a merchant-led distribution model and requires minimal capital expenditure as the onboarding and setup costs are borne by the merchant.
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Permanent TSB's new lending up 50% in third quarter

RTE 28 Oct 2021
It also said that in addition to the Ulster Bank assets it is proposing to acquire, it is ready to welcome Ulster Bank current account and deposit customers who will need a new bank ... "In addition to the Ulster Bank assets we are proposing to acquire, we are also ready to ...
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3 features to mark pilot wealth management products

China Daily 28 Oct 2021
... and sustainable ways, said the World Bank ... "In adopting prudent asset allocation strategies, asset managers will give full play to multi-asset and multi-strategy advantages of bank-led wealth management to help investors get through business cycles and endure fluctuations.
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IOB classifies Srei Infra a/c as NPA

The Times of India 28 Oct 2021
Indian Overseas Bank saw its net profit more than double at Rs 376 crore for the quarter-ended September, 2021, from Rs 148 crore a year ago, driven by improved asset quality. The Bank’s gross non-performing assets declined by 11.3% at Rs 15,665 crore in September quarter, as compared to the same quarter last year.
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Affinity Bancshares, Inc Announces Third Quarter 2021 Financial Results

The Marshall News Messenger 28 Oct 2021
(NASDAQ.“AFBI”), (the “Company”), the holding company for Affinity Bank (the “Bank”), today announced net income of $1.8 million for the three months ended September 30, 2021 as compared to $1.9 million for the corresponding prior year period ... Return on average assets ... Asset Quality ... Interest-earning assets. ... Total interest-earning assets ... Total assets.
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AIB appoints Jim Pettigrew as chairperson

Irish Independent 28 Oct 2021
In addition, Mr Pettigrew has built non-executive experience over the past ten years across retail, wholesale and investment banking, asset and wealth management and the insurance sectors, according to a statement from AIB. He is currently chair of BlueBay Asset Management, chair of Dundee Heritage Trust and chair of Scottish Ballet.
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Streamlined disclosures at financial institutions foster shift to green development

China Daily 28 Oct 2021
Following the guidance, more specific standards for commercial banks, insurance businesses and asset management and trust fund companies will be issued, according to a PBOC document that China Daily viewed ... ICBC, the country's largest bank by assets, is one of the first supporters ...
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Shibani Sircar Kurian on how to approach the new bunch of IPOs that are hitting market

The Times of India 28 Oct 2021
The banking sector is well poised to see improvement in terms of return ratios, specifically the larger private sector banks ... Also a lot of the concerns that were there in the banking sector with respect to asset quality credit cost being high, seem to be abating at the margin.
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ChoiceOne Financial Reports Third Quarter 2021 Results

Cadillac News 28 Oct 2021
("ChoiceOne", NASDAQ.COFS), the parent company for ChoiceOne Bank, reported financial results for the quarter ended September 30, 2021 ... Community Shores Bank was consolidated with and into ChoiceOne Bank (the "Bank") effective October 16, 2020 ... The remaining credit mark on acquired loans from the recent mergers with County Bank Corp ... Other Assets.
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