Page 3 - While Bank News Today

The neobank sees 75% year-on-year customer growth, as more South Africans ditch their traditional financial institutions and move to digital banking.

The real performance of the big-banks requires a deeper dive into their earnings reports because the overall performance was not as bad as it seemed on the surface.

Both Apple and Bank of America topped the S&P 500 in 2023, while Buffetts three other top holdings underperformed.

JPM and BAC report Q4 2023 earnings. JPM stock up 25%, BAC lags. With anticipated rate cuts, investors question value. Analysts see more upside in BAC stock.

Interest rates, capital buffers, expense management are among the key questions Canadas banks face, says a National Bank analyst. Read more

(Bloomberg) -- The coming 12 months are shaping up as the year of the interest-rate cut.Most Read from BloombergMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysBoeing Max Grounding Goes Global as Carriers Follow FAA OrderBoeing 737 Max Blowout Points to Pervasive FlawsAckman Plans to Check MIT’s Kornbluth, Staff for PlagiarismAfter racing ahead with the most aggressive tightening campaign in decades during 2022 and 2023, central banks around the world are poised to begin ea...

A global shift towards interest rate cuts is underway, marking a stark contrast to the aggressive tightening seen in the previous years.

Interest rates, capital buffers, expense management are among the key questions Canadas banks face, says a National Bank analyst. Read more

Seattle, New York, and San Francisco have the highest salary boosts for newcomers.

Heres the latest MCLR ICICI Bank, PNB, Bank of India and Yes Bank, these are effective from January 1, 2024.