Latest News for: Banking asset

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Hancock Whitney Bank and FHLB Dallas Award $253K in Relief Funding to Rebuilding Together New Orleans

The Galveston Daily News 10 Jun 2023
Hancock Whitney offices and financial centers in Mississippi, Alabama, Florida, Louisiana, and Texas offer comprehensive financial products and services, including traditional and online banking; commercial and small business banking; private banking; trust and asset management services; healthcare banking; and mortgage services.
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Three Banks Recognized for Commitment to Community Investment

The Galveston Daily News 10 Jun 2023
The Federal Home Loan Bank of Dallas (FHLB Dallas) recognized three member financial institutions for their commitment to community investment by naming them 2023 Community Area Revitalization Efforts (CARE) Award recipients ... Because of FHLB Dallas, Home Bank has the privilege and opportunity to do just that.” ... Federal Home Loan Bank of Dallas.
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Business travellers to get relief! TCS on forex spend to soften further

Financial Express 10 Jun 2023
Via a notification amending the relevant Fema rules on May 16, the government had brought credit card transactions by individuals under an annual LRS limit of $250,000, meaning any higher spend would require the Reserve Bank of India’s prior approval ... RBI permits FLDG between fintechs & banks, NBFCs.
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Mitsui Bussan Digital Asset Management and Sony Bank start collaboration on digital securities asset management ...

OBN 09 Jun 2023
Digital Asset Management and Sony Bank signed a business consignment agreement, under which the digital securities service “ALTERNA” developed and operated by Mitsui & Co. Digital Asset Management will be provided to Sony Bank’s customers.
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UBS, Swiss government seal $10 billion loss guarantee deal

Gulf News 09 Jun 2023
The accord was signed on June 9 and will cover a specific portfolio of Credit Suisse assets, corresponding to about 3 per cent of the merged banks’ combined assets, the government said in a statement on Friday ... Both banks will be able to continue their current methods of calculating risk-weighted assets.
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UBS and Swiss government seal €9.25bn loss guarantee deal

The Irish Times 09 Jun 2023
In talks with Swiss authorities over rescuing its rival Credit Suisse in March, UBS convinced the government to contribute up to SFr9 billion to cover losses the bank would make in winding down unwanted assets ... loans, legacy assets and structured products in the investment bank.
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Binance US Suspends USD Deposits and Withdrawals, Focusing on Stablecoin-Denominated Trading Services

OBN 09 Jun 2023
We also emphasized that we maintain a 1.1 reserve for all customer assets, and even if there is a delay in USD remittance by ACH, it is due to bank holidays on weekends and increased transaction volume, so as to avoid user confusion ... connection.Binance US Deprecates Some Currency Pairs Binance.US banking partner.
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UBS, Swiss government agree on Credit Suisse loss guarantee

Arab News 09 Jun 2023
The agreement will cover a portfolio of Credit Suisse assets that were difficult to assess in the few days the banks had to hash out a deal and which are not needed as part of the future core business of UBS ... Concerns that the combined bank — with a balance sheet roughly double ...
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UBS and Swiss government sign Credit Suisse loss-sharing deal, clearing way for takeover to close

CNN 09 Jun 2023
The deal covers portfolio of Credit Suisse assets that were difficult to assess in the few days the banks had to hash out a deal and which are not needed as part of the future core business of UBS ... Concerns that the combined bank — with a balance sheet of $1.6 trillion, roughly ...
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Banks’ trust assets up 6.24%

Manila Bulletin 09 Jun 2023
The trust industry’s assets are composed of investments in securities and bank deposits ... The industry’s asset structure is largely influenced by the 46 big banks which is almost 60 percent of gross loans, about 25 percent of total financial assets and the rest are cash and due from banks.
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China's financial institutions see assets increase in Q1

Xinhua 09 Jun 2023
Banking institutions -- accounting for the lion's share ... The country's insurers reported combined assets of 28.37 trillion yuan, up 10.5 percent year on year, central bank data shows.
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Russia’s Biggest Bank to Allow Crypto Trading This Summer (Report)

CryptoPotato 09 Jun 2023
The largest banking institution in Russia by assets value – Sberbank – will reportedly enable private investors to buy and sell digital currencies in the following weeks ... As�reported by a local media outlet, the bank will let customers make transactions with digital financial assets (DFA) on the Sberbank platform as early as June.
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EU governments embrace strict crypto bank rules

Cryptopolitan 09 Jun 2023
In a significant move, EU governments appear to be rallying behind a new banking standard ... The Riskiest Assets in the Banking Sector ... This amendment is part of a comprehensive set of banking laws that could receive approval as early as next week ... to crypto assets like Bitcoin.
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Asia’s biggest Islamic lender Maybank to boost GCC lending and focus on the wealthy

The National 09 Jun 2023
The sector continued to expand in 2022, with assets up 9.4 per cent from 12.2 per cent in 2021, supported by growth in banking assets and the sukuk industry, S&P said in a report last month. GCC countries, mainly Saudi Arabia and Kuwait, spurred 92 per cent of the growth in Islamic banking assets last year.
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Binance US Stops All USD Transfers As SEC Intimidates Bank Partners

Bitcoinist 09 Jun 2023
In addition, Binance US has sent a message to its customers informing them that their banking partners are preparing to suspend fiat (USD) withdrawal services as early as June 13 ... digital asset industry ... To be clear, we maintain 1.1 reserves for all customer assets ... bank closures.

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Russian President Vladimir Putin, left, and Belarusian President Alexander Lukashenko speak during their meeting at the Bocharov Ruchei residence in the resort city of Sochi, Russia, Friday, June 9, 2023.
AP / Gavriil Grigorov, Sputnik, Kremlin Pool Photo via AP
Scythian gold comb with the image of a battle scene, from the Solokha kurgan, 430-390 BC
Creative Commons / Levan Ramishvili
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