Latest News for: Assurance banking

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Bond victims from nation's worst fraud set to receive repayment

Vietnam News 16 Feb 2025
While the Central bank has assured the public that savings accounts remain secure, it has clarified that bonds issued by the lender were not guaranteed, triggering unprecedented protests among the victims across the nation. .
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CBN: Keystone Bank Safe, Sound, Fully Operational

This Day 15 Feb 2025
The assurance came against the backdrop of the recent court order that the bank’s shares previously held by the shareholders be forfeited to the federal government. The clarification was particularly necessary to avert a run on the bank.
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Panicky customers flock to New India Co-operative Bank branches after RBI restrictions

Gulf News 14 Feb 2025
Panicky account holders converged outside the bank branches spread across Mumbai city, worried over the fate of their bank savings and lockers ... The people ANI spoke to said that bank officials have assured them access to their lockers.
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Keystone Bank: Story of Resilience, Reinvention, Growth

This Day 14 Feb 2025
This means the federal government now fully owns the bank ... As Keystone Bank continues to flourish, customers and shareholders alike can rest assured that the bank remains safe, healthy, strong, and resilient.
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Wholesale prices higher than expected last month — fresh on heels of hot inflation report

New York Post 14 Feb 2025
On Wednesday, while testifying before the House Financial Services Committee, Federal Reserve Chair Jerome Powell said the central bank had made “great progress” on inflation, “but we’re not quite there yet.
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Fed Won’t Block Banks From Crypto, Powell Signals No Rush for Rate Cuts

Coin Edition 13 Feb 2025
He acknowledged reports that banks avoid crypto exposure and assured lawmakers that the Fed will review its internal policies to secure fair banking access for all sectors. Fed Confirms Crypto Banking Policy Clarity.
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BAU launches ‘Cloth Bank’ to support underprivileged

The Times of India 13 Feb 2025
... are being collected from donors and distributed to the needy after being identified by the committee of the ‘Cloth Bank', established under the Internal Quality Assurance Center (IQAC) at BAU.
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Stock market shrugs off inflation but anxiously awaits Trump's reciprocal tariffs

Usatoday 13 Feb 2025
The "report was hot, but probably lifted by temporary factors and residual seasonality," said Bill Adams, chief economist at Comerica Bank ... They are on hold near-term, and are likely though not assured ...
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Senate Democrats accuse Treasury Secretary Bessent of deception with D.O.G.E

Cryptopolitan 13 Feb 2025
In a letter sent on Wednesday, Senators Elizabeth Warren, Ron Wyden, and Jack Reed claimed Bessent provided “inaccurate or incomplete information” regarding D.O.G.E’s involvement, contradicting prior assurances from the Treasury Department.
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Adam and Eve: A portrait of taxonomy

B & FT Online 12 Feb 2025
Developing bank risk universe for accountability and performance ... Looking at banking – identifying and naming risks. Banking appears simple ... Seek assurance that the bank adheres to all relevant regulations and directives.
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Powell’s Bold Vow: No CBDC Under His Federal Reserve Leadership – A Win for Crypto?

Bitcoin World 12 Feb 2025
In a significant relief for cryptocurrency enthusiasts and advocates of decentralized finance, Federal Reserve Chair Jerome Powell has made a definitive statement regarding central bank digital currencies (CBDCs) ... Impact on the Banking System.
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Investors say Taneytown teacher found dead defrauded them in Ponzi scheme

Baltimore Sun 12 Feb 2025
She emailed Rieger and told him to deposit $25,000 in her bank account, and he had until January to send her the rest of what Rieger had assured her her initial investment had grown to — $90,046.30, ...
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Bank of England chief cautions over cutting regulation post-financial crisis

AOL 11 Feb 2025
... they face, and in some parts of the system it is appropriate that regulations are in place to provide more assurance of this management taking place”, the Bank chief said.
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Central Bank of Syria holds citizens’ money

Enab Baladi 11 Feb 2025
The Central Bank of Syria directed the day after the collapse of the previous regime a message to Syrians dealing with all operating banks, assuring them that their deposits and funds in those banks are safe and will not be harmed.
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Impeachment prosecutors mull issuance of subpoena on Sara Duterte’s financial records

Sun Star 11 Feb 2025
THE House lawmakers who will serve as prosecutors in the impeachment trial of Vice President Sara Duterte assured that they will get the approval of the impeachment court for her to disclose her bank ...
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