Latest News for: Banks assets

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Bad loans haunt banks — NPLs rise to 22.7 per cent

Business Ghana 09 Dec 2024
While the banking industry touts a 42.4% growth in total assets to GH¢367.2 billion and reports improved capital adequacy ratios of 11.1%, these headline figures obscure the mounting stress in loan portfolios. .
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The dollar diplomacy we need

The Jakarta Post 09 Dec 2024
During the BRICS Summit in Kazan, Russia, the Bank for International Settlements (BIS) revealed that it was withdrawing from the digital asset and payments initiative Project mBridge.
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Best Crypto to Join This Week: Why Qubetics Stands Out Alongside Filecoin and EOS

NULLTX 09 Dec 2024
is creating hype with its innovative approach to blockchain technology, specifically its real-world asset tokenisation ... Instead of lengthy bank negotiations, they tokenize their assets through Qubetics, selling shares globally in minutes.
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RBI Deputy Governor M Rajeshwar Rao highlights IBC's transformative impact on bank asset quality and debt settlements

Beijing News 08 Dec 2024
... bank asset quality and facilitating substantial pre-admission settlements of underlying debts of over Rs 10 lakh crore ... Singh lauded the IBC's transformative impact on bank profits and asset quality.
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Iran greenlights crypto regulatory framework

Cryptopolitan 08 Dec 2024
The Central Bank of Iran (CBI) has approved a regulatory framework for the cryptocurrency industry in the country ... The bank will also ensure that these firms follow anti-money laundering (AML), crypto tax, and counter-terrorism financing (CTF) laws.
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FDIC Urged Banks to ‘Pause’ Crypto Activities, Court Documents Reveal

Brave New Coin 08 Dec 2024
“The FDIC will notify all FDIC-supervised banks at a later date when a determination has been made on the supervisory expectations for engaging in a crypto asset-related activity.” ... asset firms.
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U.S. Regulators Urged Banks to Shun Crypto, Coinbase Claims

The Arabian Post 08 Dec 2024
According to the letters obtained by Coinbase, regulators have been cautious about exposing banks to the risk of crypto-related assets and transactions ... Regulators Urged Banks to Shun Crypto, Coinbase Claims ....
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Goldman Sachs to leave climate alliance for banks

Taipei Times 08 Dec 2024
Goldman has decided to no longer be a member of the Net-Zero Banking Alliance (NZBA), the company said in a statement on Friday ... Against that backdrop, banks and asset managers have scaled back their association with high-profile climate groups.
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Indian foreign exchange strengthens again after a multi week low

The Times of India 08 Dec 2024
Recent apex bank data showed that India's foreign currency assets (FCA), the largest component of forex reserves, stood at $568.852 billion while gold reserves stood at $ 66.979 billion.Estimates ...
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ED attaches assets worth ₹388 crore in money laundering case against Mahadev Online Book

Hindustan Times 08 Dec 2024
ED attaches assets worth ₹388 crore in money laundering case against Mahadev Online Book ... The agency has also frozen movable assets in the form of bank balances and securities having a total value of ₹1,729.17 crore.
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Norway Savings Bank announces three senior leadership team promotions

Bangor Daily News 08 Dec 2024
PORTLANDNorway Savings Bank is pleased to announce three promotions in its senior leadership team ... Cook began her career at Norway Savings Bank in 2005 as a vice president and trust officer in the Asset Management Group.
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India's foreign exchange reserves rise again after multi-week slump

Beijing News 08 Dec 2024
Foreign exchange reserves, or FX reserves, are assets held by a nation's central bank or monetary authority, primarily in reserve currencies such as the US Dollar, with smaller portions in the Euro, Japanese Yen, and Pound Sterling.
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Trump, Bitcoin, and the race for tokenized capital markets

Cryptoslate 08 Dec 2024
Fostering a more accommodative approach to banking, self-custody, and digital assets could have massive global knock-on effects ... Earlier this month, UBS Asset Management launched a USD Money Market Investment Fund built on Ethereum.
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HAMISH MCRAE: There's method in the Bitcoin madness | Daily Mail Online

The Daily Mail 08 Dec 2024
This is an asset that is intrinsically worthless ... Bitcoin is like every other asset ... But behind the surge is strong performance of financial assets more generally ... There are lots of reasons why asset prices should be so strong.
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US assets may have peaked, warn banks

Hong Kong Standard 08 Dec 2024
Major investment banks are warning that the greenback, US stocks and crypto may have peaked ... A powerful rally in US stocks as well as cryptocurrencies has left the asset classes looking frothy, according to Bank of America's Michael Hartnett.

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