Latest News for: Banks assets


Basel Committee releases final disclosure framework for banks’ crypto exposures

Cryptoslate 18 Jul 2024
Banks are mandated to provide detailed information on their crypto-asset activities, including both qualitative descriptions of their crypto-related business and quantitative data on capital and liquidity requirements.

USDT and USDC in BIS Crosshairs – Crypto Community on High Alert

Crypto Economy 18 Jul 2024
The Bank for International Settlements (BIS) has issued amendments to its crypto asset standards, focusing on stablecoins like USDT and USDC ... that outline banks’ investments in crypto assets.

Islamic Sukuk issuance sees 86.6% rise in 2023

The Peninsula 18 Jul 2024
The assets of Islamic banking sector in Qatar experienced a 3.6 percent increase in last year. As per the latest statistics released by the Qatar Central Bank, the assets of Islamic banks in the country reached QR563.7bn, up from QR544.3bn in 2022.

IndusInd Bank stock likely to gain nearly 40%, believes ICICI Securities — here’s why

Live Mint 18 Jul 2024
... by steady NIMs and superior growth,' said the brokerage.ICICI Securities’ report underscores the steady improvement in IndusInd Bank’s asset quality, despite facing multiple challenges in the past.

Bank of International Settlements Implements Stricter Regulations on Stablecoins

Coinspeaker 18 Jul 2024
On July 17, the Basel Committee on Banking Supervision a report outlining new rules for banks’ exposure to crypto-assets ... Banks will need to meet higher standards for liquidity and risk ...

S. Korean households' net assets rises in 2023

Xinhua 18 Jul 2024
SEOUL, July 18 (Xinhua) -- South Korean households' net assets rose last year on the back of the stock market boom, joint data from the statistical office and the central bank showed Thursday ... Korean households' net assets rises in 2023.

TradFi giant State Street looking to launch stablecoin, tokenized deposits

Cryptoslate 18 Jul 2024
The trend is not limited to banks, with PayPal launching its PYUSD stablecoin in August 2023, while BlackRock ventured into asset tokenization with a digital liquidity fund in March after launching the most successful spot Bitcoin ETF.

BRI Leads the Way: Dominates Indonesia's Banking Sector in The Banker's Top 1000 Banks 2024

The Manila Times 18 Jul 2024
JAKARTA, Indonesia, July 18, 2024 /PRNewswire/ -- Bank Rakyat Indonesia (Persero) Tbk (IDX ... The list ranks the world's top banks based on Tier 1 capital, assets, profit before tax, capital asset ratio, return on capital and return on assets.

Basel Committee Tightens Crypto Rules, Favoring Centralized Stablecoins

Coin Edition 18 Jul 2024
BIS’s new crypto asset standards favor permissioned stablecoins over permissionless ones ... The Bank for International Settlements (BIS), through the Basel Committee on Banking Supervision, has targeted amendments to its crypto asset standards.

USDT, USDC Face Danger As BIS to Permit Only Permissioned Stablecoins

CoinGape 18 Jul 2024
On Wednesday, July 17, the Basel Committee on Banking Supervision published its final disclosure for the banks’ crypto-asset exposure ...Bank for International Settlements (@BIS_org).

State Street Corp. Explores Blockchain Payment Solutions

CoinChapter 18 Jul 2024
This type of cryptocurrency is pegged to assets like the US dollar and operates on a blockchain ... Additionally, JPMorgan Chase & Co., the largest US bank, is also exploring deposit tokens ... State Street is increasing its focus on digital assets.

Putin’s Take on Crypto: Balancing Innovation and Control in Russia

Coin Edition 18 Jul 2024
Putin emphasized the potential of digital technologies in various sectors, including trade, banking, and international relations ... The President noted the significant progress Russia has made in the realm of digital assets.

Golden rule: Why younger investors are drawn to gold

Mining Weekly 18 Jul 2024
... holding it, according to a recent study by Bank of America Private Bank.

Emirates NBD Sees 14.5% Profit Surge in Q2

The Arabian Post 18 Jul 2024
Emirates NBD, Dubai’s largest bank by assets, has announced a 14.5% increase in net profit for the second quarter of 2024, driven by robust loan growth and improved performance of its subsidiaries.

Zobels' BPI posts record P30.6-billion first half profit

Manila Bulletin 18 Jul 2024
In a disclosure to the Philippine Stock Exchange, the bank said its Return on Equity was 15.5 percent and Return on Assets was 2.0 percent ... Total assets grew to P3.1 trillion, up 15.8 percent year-on-year.

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President Joe Biden departs after speaking at the NAACP Convention, Tuesday, July 16, 2024, in Las Vegas, Nevada.
White House / Adam Schultz
JD Vance speaking with attendees at the 2021 Southwest Regional Conference hosted by Turning Point USA at the Arizona Biltmore in Phoenix, Arizona
Creative Commons / Gage Skidmore