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Banking Industry
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EFG International's incoming Swiss banking chief warns against regulatory over-reach
The comments from the chief executive of Swiss bank EFG International signal how opposition to new rules extends across the industry.
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US Banking Regulatory Update: Traditional Banks Permitted to Offer Crypto Asset Services and Hold Bitcoin with Limitations
Starting in 2025, major US banking regulators such as the OCC, the Federal Reserve, and the FDIC have rescinded previous restrictive guidance on cryptocurrency activities, marking a significant shift in regulatory attitudes. The new policy explicitly allows national banks to provide crypto asset custody services and to hold a limited amount of crypto assets on their balance sheets to support blockchain network fee payments and platform testing. The SEC's withdrawal of SAB 121 also cleared accounting hurdles for banks. This series of measures has prompted traditional banks like BNY Mellon and Citi to actively develop crypto services, promoting the deep integration of digital assets with the traditional financial system.
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Standard Chartered COO: AI Boosts Banking Productivity, Creates New Skills Demand; India Remains Key Growth Hub
Standard Chartered COO: AI Boosts Banking Productivity, Creates New Skills Demand; India Remains Key Growth Hub
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Celent Report: AI is Foundational for the Future of Banking, Already Scaled in US Retail Banks
Celent, a research and advisory firm, has released a new report titled "AI Everywhere for Value." The report concludes that the future of banking belongs to institutions that view AI and other digital
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Hassett: Core Inflation Momentum in the U.S. Is Approaching the Fed’s Target
Svmuu News: Hassett, Director of the White House National Economic Council, stated that the momentum of core inflation in the U.S. is approaching the Federal Reserve’s target, and the latest inflation
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EFG International's incoming Swiss banking chief warns against regulatory over-reach
The comments from the chief executive of Swiss bank EFG International signal how opposition to new rules extends across the industry.
-
Standard Chartered COO: AI Boosts Banking Productivity, Creates New Skills Demand; India Remains Key Growth Hub
Standard Chartered COO: AI Boosts Banking Productivity, Creates New Skills Demand; India Remains Key Growth Hub
-
Celent Report: AI is Foundational for the Future of Banking, Already Scaled in US Retail Banks
Celent, a research and advisory firm, has released a new report titled "AI Everywhere for Value." The report concludes that the future of banking belongs to institutions that view AI and other digital
-
Hassett: Core Inflation Momentum in the U.S. Is Approaching the Fed’s Target
Svmuu News: Hassett, Director of the White House National Economic Council, stated that the momentum of core inflation in the U.S. is approaching the Federal Reserve’s target, and the latest inflation
-
US Banking Regulatory Update: Traditional Banks Permitted to Offer Crypto Asset Services and Hold Bitcoin with Limitations
Starting in 2025, major US banking regulators such as the OCC, the Federal Reserve, and the FDIC have rescinded previous restrictive guidance on cryptocurrency activities, marking a significant shift in regulatory attitudes. The new policy explicitly allows national banks to provide crypto asset custody services and to hold a limited amount of crypto assets on their balance sheets to support blockchain network fee payments and platform testing. The SEC's withdrawal of SAB 121 also cleared accounting hurdles for banks. This series of measures has prompted traditional banks like BNY Mellon and Citi to actively develop crypto services, promoting the deep integration of digital assets with the traditional financial system.
Banking Industry
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What is Flamingo (FLM)? A Deep Dive into its DeFi Platform and Token Acquisition Methods
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US spot Bitcoin ETFs end 9-day inflow streak with $201.8M net outflow Friday, total assets slip below $100B as BTC dips below $78K
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SingularityDAO (SDAO) Token Analysis and Market Liquidity Status
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