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Published on 15:05 GMT

Trump To Nominate Fed's Michelle Bowman As Top Banking Regulator: Report

President Donald Trump is set to nominate Federal Reserve Governor Michelle Bowman as the central bank's vice chair for supervision, according to a source familiar with the decision, Bloomberg reports. The nomination could be announced as early as …

Source: Benzinga - Neutral
Published on Mar 11, 2025

Canada's banking regulator considers alternative to mortgage stress test

“If the test functions as expected, we anticipate it could serve as an alternative or complement to the minimum qualifying rate,” Routledge wrote, referring to a new loan-to-income ratio cap that took effect earlier this year. “We’ll ensure any adjustments …

Source: Mortgage Professional Australia - Neutral
Published on 22:00 GMT

Banks acting as validators risks centralization — Everstake exec

New US regulatory guidance allowing banks to become validators for blockchain networks is a major step for institutional adoption but worsens centralization risks, Bohdan Opryshko, chief operating officer of staking service provider Everstake, told …

Source: Coin Telegraph - Neutral
Published on 16:10 GMT

Trump to nominate Bowman for Fed's top bank cop, White House official says

By Pete Schroeder (Reuters) - U.S. President Donald Trump will nominate Federal Reserve Governor Michelle Bowman as vice chair for supervision as early as Wednesday, a White House official said. A former community banker and frequent critic of over-zealous …

Source: The Gazette - Colorado - Neutral
Published on 19:20 GMT

RBI revises Co-op banks’ financial statements format

RBI stated that in terms of Section 29, read with Section 56 of the Banking Regulation Act, 1949, co-operative banks are required to prepare a balance sheet and profit and loss account as on the last working day of the year in the Forms set out in the …

Source: Banking Finance - Neutral
Published on 19:20 GMT

RBI clears amalgamation of 2 urban co-op banks

The Reserve Bank of India (RBI) has approved two voluntary amalgamations in the urban co-operative bank (UCB) space — The Citizen Co-operative Bank (Vasco-De-Gama, Goa) with TJSB Sahakari Bank (Thane, Maharashtra) and Pune Commercial Co-operative Bank ( …

Source: Banking Finance - Neutral
Published on 16:19 GMT

Italy signals light touch when reviewing UniCredit's bid for BPM

By Giuseppe Fonte ROME (Reuters) - Italy intends to use its right to intervene on UniCredit's bid for Banco BPM in a reasonable manner, Economy Minister Giancarlo Giorgetti said on Wednesday, appearing to rule out a hardline approach to the deal. So- …

Source: Yahoo Finance - Label Pending
Published on 18:53 GMT

Financial bids for IDBI Bank by June

The financial bids for the strategic sale of IDBI Bank, the largest in the banking-financial services- insurance (BFSI) space, are expected in May-June after the share purchase agreement (SPA) negotiations conclude. The department of investment and public …

Source: Financial Express - Neutral
Published on 21:55 GMT

Challenges to SRO constitutionality could destabilize markets

Benjamin Edwards, professor of law at the William S. Boyd School of Law at the University of Nevada, Las Vegas.Josh Hawkins/UNLV Creative Services Court actions challenging self-regulatory organizations' constitutionality – including one targeting …

Source: The Bond Buyer - New York - Neutral
Published on 13:04 GMT

EU Immediately Retaliates Against U.S. Metal Tariffs

Updates: Policy/News/Markets, March 12, 2025 — The House passed a funding bill to avert an end-of-the-week government shutdown, clearing the resolution (CR) in a largely party-line 217-213 vote, with just one Democrat — Rep. Jared Golden (D-Maine) …

Source: Profarmer - Label Pending
Published on 12:49 GMT

Tariff uncertainty offers 1 big reminder to investors: Edward Jones CEO

0:04 spk_0 Welcome to the opening bid podcast. I'm Yahoo Finance executive editor Brian Sai. Like I always say, this is the podcast that will make you a better investor and a smarter leader. Before we get to our featured interview for today, have to do …

Source: Yahoo Finance - Label Pending
Published on 11:31 GMT

Shri Sankar Balabhadrapatruni assumes charge as Executive Director of Karur Vysya Bank

Under Section 35B of the Banking Regulation Act, 1949, Shri Sankar Balabhadrapatruni has assumed the position of Executive Director of the Karur Vysya Bank for a three-year term, beginning today, March 12, 2025, on terms and conditions approved by the …

Source: PSU Connect Media - Neutral
Published on 10:10 GMT

IndusInd issue puts the spotlight on India's banking sector

The recent disclosures by the IndusInd Bank about discrepancies in account balances related to currency derivatives have raised concerns whether it's just IndusInd Bank or others too have similar problems. IndusInd Bank disclosed on Monday that it has …

Source: The Economic Times - Label Pending
Published on 04:16 GMT

Report: Fed Governor Michelle Bowman Likely Pick for Vice Chair for Bank Supervision

Federal Reserve Governor Michelle Bowman is reportedly the front-runner to become the next vice chair for bank supervision. Bowman, who was appointed to her current role by President Donald Trump in 2018, is a top candidate for the bank supervision seat, …

Source: PYMNTS.com - Massachusetts - Neutral
Published on 03:55 GMT

Trump to pick Fed’s Michelle Bowman to replace Michael Barr as vice chair for bank supervision

Federal Reserve Governor Michelle Bowman is expected to be Donald Trump’s choice for Vice Chair for Bank Supervision, replacing Michael Barr, according to a WSJ report on Tuesday. Trump has yet to make an official announcement, but advisers have indicated …

Source: Cryptopolitan - Uncategorized
Published on 08:29 GMT

RBI tells IndusInd Bank board to suggest external candidates for CEO & COO position

The Reserve Bank of India (RBI) has asked the IndusInd Bank board to propose names of two external candidates for the positions of Chief Executive Officer and Chief Operating officer, according to sources familiar with the matter. This development comes …

Source: The Economic Times - Label Pending
Published on 00:35 GMT

Derivatives debacle: IndusInd Bank stock crumbles, investors panic

Earlier, chief executive officer (CEO) Sumant Kathpalia got a one-year extension from the banking regulator instead of three, and he pointed to the derivatives issue as probable cause for not being given a three-year term. On Monday, the Hinduja group- …

Source: Mint - Neutral
Published on Mar 11, 2025

Powell's reputation comments feature in master account suit

Jerome Powell, chairman of the Federal Reserve.Al Drago/Bloomberg After a judge dismissed its lawsuit against the Federal Reserve, a Puerto Rican bank has pledged to appeal the decision, noting that recent comments from the head of the central bank …

Source: American Banker - New York - Neutral
Published on Mar 11, 2025

Former Top JPMorgan Executive and Barclays CEO, Jes Staley Deposed in UK Court About His Relationship With Epstein – ...

Jes Staley wants to restore his reputation, but it’s a dangerous gamble. While many people are screaming and shouting about the lack of release of the ‘Jeffrey Epstein files’, a relevant chapter of the late pedophile’s saga is playing out in UK court, and …

Source: The Gateway Pundit - Right-wing

05 days 04:32:48

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Published on March 12, 2025 - 14:00 GMT

Sustainable Finance Market Poised to Surpass $22 Trillion by 2031 | Industry Trends, Growth & Forecast

Sustainable Finance Market Poised to Surpass $22 Trillion by 2031 | Industry Trends, Growth & Forecast NEW CASTLE, DE, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- According to the report published by Allied Market Research, the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 12, 2025 - 21:30 GMT

Algoma Steel Group Reports Financial Results for the Three and Nine Months Ended December 31, 2024

Calendar Fourth Quarter Results In-Line with Previously Announced Expectations Reaffirmed Outlook on Transformative Electric Arc Furnace (EAF) Project, Including First Arc in April SAULT STE. MARIE, Ontario, March 12, 2025 (GLOBE NEWSWIRE) -- Algoma Steel …

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Published on March 12, 2025 - 21:06 GMT

Central 1 reports fourth quarter and fiscal 2024 financial results

VANCOUVER, British Columbia, March 12, 2025 (GLOBE NEWSWIRE) -- Central 1 Credit Union (Central 1) today reported its 2024 fourth quarter and year end performance reflecting strong financial results, including total revenue of $302.9 million for the year, …

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Published on March 12, 2025 - 20:10 GMT

Global Credit Union and First Financial Northwest, Inc. Announce Receipt of Final Regulatory Approval for Transaction

ANCHORAGE, Alaska and RENTON, Wash., March 12, 2025 (GLOBE NEWSWIRE) -- Global Federal Credit Union (“Global”) and First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), …

Distribution channels: Banking, Finance & Investment Industry, Companies ...

Published on March 12, 2025 - 20:00 GMT

ContextLogic Inc. Reports Fourth-Quarter and Fiscal Year 2024 Financial Results

OAKLAND, Calif., March 12, 2025 (GLOBE NEWSWIRE) -- ContextLogic Inc. (Nasdaq: LOGC) (“ContextLogic,” the “Company,” “we” or “our”) today reported its financial results for the quarter and fiscal year ended December 31, 2024. Company Update During 2024, …

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Published on March 12, 2025 - 21:42 GMT

Arra Finance Highlights Success of Subprime Auto Loan Financing Solutions Platform

IRVING, Texas, March 12, 2025 (GLOBE NEWSWIRE) -- Arra Finance LLC (“Arra” or the “Company”), a subprime indirect auto finance company, today celebrates significant progress successfully relaunching and leveraging its scalable originations system, …

Distribution channels: Banking, Finance & Investment Industry, Media, Advertising & PR ...
Published on March 12, 2025 - 14:00 GMT

Save Up to 50 % Off with IBN Technologies Smart Finance and Accounting Outsourcing Solutions, USA

Save up to 50% on finance & accounting outsourcing with IBN Technologies USA. Streamline operations, cut costs & stay compliant! MIAMI, FL, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- In today’s fast-paced business environment, …

Distribution channels: Business & Economy ...
Published on March 12, 2025 - 14:00 GMT

Next Big Corporate Pivot 2033: Finance and Accounting Systems Overhaul Underway; Outsourcing Sets New Industry Standard

Businesses turn to expert-led outsourcing for finance & accounting, ensuring efficiency, compliance, and scalable growth by 2033. MIAMI, FL, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- The global finance and accounting systems is …

Distribution channels: Business & Economy ...

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Published on March 12, 2025 - 22:02 GMT

Pinpoint Management Launches “AI-Driven Leadership: The Next Era Series” to Transform Business Growth

New Webinar Series Equips Leaders with AI-Powered Strategies to Scale, Innovate, and Empower Their Teams SALT LAKE CITY, UT, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Pinpoint Management, a leader in business consulting and operational …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on March 12, 2025 - 21:46 GMT

Enkopa Lab Japan Launches To Empower Japanese Firms Entering African Markets

Enkopa Lab Japan, a boutique advisory firm, has been launched in Tokyo by the San Francisco based management consultancy firm Laurendeau & Associates. TOKYO, JAPAN, March 12, 2025 /⁨EINPresswire.com⁩/ -- Enkopa Lab Japan, a boutique advisory …

Distribution channels: Banking, Finance & Investment Industry, Electronics Industry ...
Published on March 12, 2025 - 21:21 GMT

MCA Justice Hits Major Milestone: 1,000+ Businesses Freed from Predatory MCA Payments

MANHATTAN, NY, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- MCA Justice, a leading firm in MCA debt relief, proudly announces a major milestone: successfully assisting over 1,000 businesses in reducing high-interest Merchant Cash Advance ( …

Distribution channels: Banking, Finance & Investment Industry ...
Published on March 12, 2025 - 19:50 GMT

Inertia Resources, Inc. Expands Energy Management Services in Houston, Appoints Rick Douglas as Regional Director

HOUSTON, TX, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Inertia Resources, Inc., one of the fastest-growing energy brokerage firms in the United States, is expanding its presence in Houston and Southern Texas communities, bringing …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 12, 2025 - 19:38 GMT

SPECTRAFORCE Named One of SIA’s 2025 Best Staffing Firms to Work For

Minority-owned staffing firm builds excellent relationship-driven culture. RALEIGH, NC, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- SPECTRAFORCE, an innovative workforce solutions firm, is proud to announce that it has been recognized as …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on March 12, 2025 - 19:30 GMT

Sókn Engineering Looking to Expand its Board of Directors to Drive the Future of AI-Powered Commodities Trading

WHITEFISH, MT, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Sókn Engineering, a trailblazing software company transforming commodities trading through advanced predictive analytics, is seeking to strengthen its Board of Directors with the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 12, 2025 - 19:13 GMT

KEY Difference is Turning Blockchain into Real-World Solutions with its Latest Investments

DUBAI, UNITED ARAB EMIRATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- KEY Difference, a global leader in Web3 growth and strategic ecosystem development, is at the forefront of supporting founders who bridge blockchain with real-world impact. While …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 12, 2025 - 19:00 GMT

7 Digit Dental Marketing Delivers $2.5 Million Boost in New Dental Patient Revenue

7 Digit Dental Marketing 370% boost in patient inquiry calls, 360% surge in organic production, 735% increase in organic website traffic, $2.5 million increase. NEW YORK, NY, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- 7 Digit Dental …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 12, 2025 - 19:00 GMT

Refund/Policy Abuse Remains the Top Fraud Threat, While Real-Time Payment Fraud Surges to Second Place

Refund/Policy Abuse remains the top fraud threat, while Real-Time Payment Fraud surges to second place in MRC’s 2025 Global eCommerce Payments and Fraud Report. REDMOND, WA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- The Merchant …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 12, 2025 - 18:58 GMT

BetterLifeQuotes.com Provides Free Access to an Online Life Insurance Marketplace With Instant Quotes & No Medical Exams

BetterLifeQuotes.com is the leading life insurance marketplace offering instant, no-medical-exam policies from 30+ top-rated providers—100% free and private. HOUSTON , TX, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- BetterLifeQuotes.com: …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on March 12, 2025 - 18:46 GMT

Partner Real Estate Appoints Louis Ding as Regional Vice President, Strengthening Industrial and Logistics Market

LOS ANGELES, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Partner Real Estate has announced the appointment of Louis Ding as Regional Vice President, reinforcing its leadership in the competitive Los Angeles industrial and logistics …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 12, 2025 - 18:18 GMT

BetterLifeQuotes.com Provides Free Access to an Online Life Insurance Marketplace With Instant Quotes & No Medical Exams

BetterLifeQuotes.com is the leading life insurance marketplace offering instant, no-medical-exam policies from 30+ top-rated providers—100% free and private. LOS ANGELES, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- BetterLifeQuotes. …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on March 12, 2025 - 17:24 GMT

Celiveo Unveils 'The Ultimate Guide to Microsoft Universal Print' for Enterprise Clients

Celiveo release "The Ultimate Guide to Microsoft Universal Print," a resource empowering clients with in-depth insights into Microsoft’s cloud print solution. MERIDIAN, ID, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Celiveo, a …

Distribution channels: Banking, Finance & Investment Industry, Healthcare & Pharmaceuticals Industry ...
Published on March 12, 2025 - 17:09 GMT

Palisade Capital Management, LP Renews Lease at One Bridge Plaza in Fort Lee, NJ

FORT LEE, NJ, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Palisade Capital Management, LP, a registered investment adviser with approximately $4 billion of assets under management, is pleased to announce the renewal of its lease at One …

Distribution channels: Banking, Finance & Investment Industry, Real Estate & Property Management ...
Published on March 12, 2025 - 17:00 GMT

Pioneers of the Middle East: Groundbreaking Business Documentary Series to be published on AlJazeera.com

DUBAI, UNITED ARAB EMIRATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Acumen International Media begins a new initiative, Pioneers of the Middle East, which is an in-depth exploration of the region's influence on global business and international …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on March 12, 2025 - 16:40 GMT

BetterLifeQuotes.com Provides Free Access to an Online Life Insurance Marketplace With Instant Quotes & No Medical Exams

BetterLifeQuotes.com is the leading life insurance marketplace offering instant, no-medical-exam policies from 30+ top-rated providers—100% free and private. MIAMI, FL, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- BetterLifeQuotes.com: …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
Published on March 12, 2025 - 16:39 GMT

Stewardship of History: Rare Homeownership Offering comes with a Piece of Newark's Past in Forest Hill District

Original 1920s Colonial-Revival Home was center of Diplomacy & Education in Mid-20th Century NEWARK, NJ, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- The adage “with great power comes great responsibility” takes on profound …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on March 12, 2025 - 16:30 GMT

Takaful Insurance Market Set to Generate $97.17 Billion by 2030 | Industry Trends, Growth & Forecast

Takaful Insurance Market Set to Generate $97.17 Billion by 2030 | Industry Trends, Growth & Forecast NEW CASTLE, DE, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- According to the report published by Allied Market Research, the global takaful …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 12, 2025 - 16:26 GMT

BIOMED EXPO LOS ANGELES 2025

BIOMED EXPO LOS ANGELES 2025 BIOHACKING EXPO/ CONFERENCE IN HEALTH, SCIENCE & TECHNOLOGY APRIL 4-6, 2025, Sonesta Los Angeles Airport LAX LOS ANGELES, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- BIOMED EXPO LOS ANGELES …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on March 12, 2025 - 15:40 GMT

BOOM Hits $2B AUM, Reinvests Surging Profits to Expand into Digital Assets

HONG KONG, March 12, 2025 /⁨EINPresswire.com⁩/ -- BOOM, Hong Kong’s leading online investing service for high-net-worth individuals, has surpassed $2 billion in assets under management (AUM) and is on track to generate over 200% growth in profits …

Distribution channels: Banking, Finance & Investment Industry ...