CAF Bank, serving over 14,000 UK charities, has suspended online services since 24 July due to suspected cyber fraud, impacting charities' ability to pay staff and suppliers, with many expressing frustration and loss of trust.
SEC Chairman Paul Atkins warns the agency will establish its own crypto market rules if Congress fails to pass the Clarity Act, emphasizing the need for statutory certainty over administrative actions.
X expands its financial service, X Money, beyond top-tier subscribers, allowing users to manage deposits, payments, and bills within the app, with FDIC-insured deposits at Cross River Bank earning up to 6% APY, positioning it against Venmo, Cash App, and SoFi.
J.P. Morgan Asset Management reports AI-themed ETFs are a top 5 theme by assets under management, despite Q2 volatility, with ETFs attracting more inflows than mutual funds due to tax benefits.
Nove apostas registradas no oeste do Pará acertaram a quadra no concurso 3034 da Mega-Sena, sorteado nesta quinta-feira. Como ninguém acertou as seis dezenas, o prêmio principal acumulou para R$ 70 milhões no próximo sorteio de sábado.
The EU has enacted its 21st sanctions package, expanding measures against Russia's financial and banking sector with asset freezes and transaction bans on 94 institutions. It also targets a Kyrgyz bank and three other non-Russian banks for circumventing sanctions, and introduces a new instrument for a full third-country ban on crypto-asset services used by Russia.
Goldman Sachs CEO David Solomon supports the Clarity Act, a crypto market-structure bill, despite opposition from much of the banking sector, particularly regarding stablecoin yield provisions. The bill aims to legalize most crypto activity in the US and classify many assets as non-securities, potentially drawing more institutional players.
US Senator Elizabeth Warren and Congress members Ro Khanna and Raja Krishnamoorthi have demanded urgent answers from Barclays regarding its investigation into former CEO Jes Staley's ties to Jeffrey Epstein, citing concerns over the bank's 'apparent failure to meaningfully investigate' the relationship and its implications for corporate governance.
NCB được Global Banking & Finance Review vinh danh "Ngân hàng Doanh nghiệp tăng trưởng nhanh nhất Việt Nam 2026" nhờ đổi mới sản phẩm, mở rộng hoạt động ở phân khúc khách hàng doanh nghiệp. Ngân hàng đã tài trợ hàng nghìn tỷ đồng cho các dự án hạ tầng trọng điểm quốc gia và chuỗi cung ứng.
ServiceNow invested $40 million in Indian banking software specialist BusinessNext, valuing the firm at $700 million for a 5% stake. This strategic partnership aims to deepen ServiceNow's push into global financial services by leveraging BusinessNext's AI-driven banking expertise and ServiceNow's sales network.
Swiss cantonal bank BancaStato has launched regulated cryptocurrency trading services for its customers in the Italian-speaking Ticino region, partnering with digital asset bank Sygnum and using Avaloq's banking software to offer Bitcoin, Ether, Litecoin, and Solana.
US Senator Elizabeth Warren and Congress members Ro Khanna and Raja Krishnamoorthi demand answers from Barclays regarding its investigation into former CEO Jes Staley's ties to Jeffrey Epstein, citing concerns about the bank's due diligence and governance.
OCBC Hong Kong's 2026 survey reveals 30% of Hong Kong millionaires considering or already living in mainland GBA cities lack full financial planning for dual living and retirement, despite high satisfaction with current lifestyles. Healthcare, lower costs, and spacious housing are key drivers, but managing expenses and responsibilities across jurisdictions poses challenges.
India, the world's third-largest crude consumer, is advancing alternative fuels like ethanol from corn and biogas from animal waste to bolster energy security against rising global oil prices and potential Russian supply curbs. The country mandated 20% ethanol blending in petrol, but faces public backlash over vehicle damage concerns.
Augustus, a startup building a federally chartered clearing bank for stablecoins and programmable money, raised $180 million in a Series B round, valuing the company at $1 billion. The funding, led by Tiger Global, follows its conditional approval for a U.S. national bank charter.
A UK parliamentary group has launched an inquiry into banking barriers faced by crypto businesses and consumers, citing concerns over investment, competition, and economic growth. The inquiry follows a survey revealing widespread transaction blocks and a 'hostile' banking environment, ahead of new FCA crypto regulations.
Un groupe parlementaire britannique lance une enquête de six semaines sur les difficultés d'accès aux services bancaires rencontrées par les entreprises et les particuliers du secteur crypto, incluant refus de compte et blocages de virements, afin de formuler des recommandations au gouvernement.
JP Morgan CEO Jamie Dimon warned Andy Burnham that raising bank taxes could jeopardize the bank's £3bn London headquarters project and deter investment from Britain. Dimon, a long-standing critic of the UK's bank tax surcharge, emphasized the adverse consequences of penalizing companies.
A cross-party group of UK lawmakers has initiated a parliamentary inquiry into the banking challenges faced by the country's crypto industry. The probe aims to understand why firms struggle with bank accounts and why banks restrict crypto-related payments, assessing if these barriers undermine the UK's goal to be a digital assets leader.
JPMorgan Chase reported AI led to up to 40% headcount reductions in some areas, but CEO Jamie Dimon expressed skepticism about AI providing a lasting competitive advantage. The bank expects increased AI spending despite Dimon's doubts, reporting strong Q2 earnings.
US retail sales fell 1% in March, exceeding expectations, as consumers pulled back amid recession fears fueled by a banking crisis, reduced tax refunds, and expired food assistance benefits. This decline, reported by the Commerce Department, signals a moderation in consumer spending and a potentially slowing labor market, despite some economists noting underlying consumer strength.
Blockchain technology, initially proposed by Haber and Stornetta and popularized by Nakamoto, is a distributed digital ledger that stores data in immutable, timestamped blocks. It enables secure, decentralized transactions without third parties, used in cryptocurrencies and adopted by companies like Walmart and IBM for supply chain tracking, offering benefits like increased accuracy and security despite data storage limits and regulatory changes.
Goldman Sachs and JPMorgan Chase achieved record quarterly revenues, propelled by substantial gains in equities trading and investment banking. This financial surge is directly linked to the global artificial intelligence boom, which is generating new financing and trading opportunities across the American economy.
Um apostador de Divinópolis, Minas Gerais, acertou os seis números da Mega-Sena e ganhou R$ 43 milhões. A aposta foi feita na lotérica 'O Paraíso da Sorte'. O sorteio ocorreu na quinta-feira (9) em São Paulo.
