Ridofranz / Getty Images A bank holding company is a corporation that owns a controlling interest in one or more banks but does not itself offer banking services. Holding companies do not run the ...

The casual clothing chain will liquidate and shutter its stores and transition to a wholesale and e-commerce business model.

You can also choose an Internet bank, which generally requires you to do almost everything online or occasionally through the mail. Some brokerage firms also offer traditional checking accounts ...

China’s Banks Maintain Key Lending Rates as PBOC Stays Put Lenders leave both one-year and five-year rates unchanged Expectations of easing are building as economy loses momentum ...

“Now more than ever, banks have an essential role to play in consolidating the cryptoasset ecosystem,” remarked Alfonso Gómez, CEO of BBVA Switzerland, who took part in the forum, where he proclaimed ...

Where Verstappen will drive in the coming years has been a subject of debate for months, since the internal crisis at Red Bull that involved Christian Horner, Helmut Marko and his dad, Jos Verstappen.

The South African Reserve Bank (SARB’s) Monetary Policy Committee has elected to cut South Africa’s interest rates by 25 basis points. This marks the first time since May 2023 that the ...

For de novo banks, 2024 got off to a propitious start. Nova Bank in Huntsville, Alabama, opened in January, accepting its first deposit on Jan. 26, according to Chief Credit Officer Marc Minish. It ...

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New rules for major UK high street banks have been introduced today to protect the public's access to cash. Under the new rules from the Financial Conduct Authority (FCA), banks and building ...

The largest banks in the U.S. are looking at more favorable capital rules under a proposal laid out last year. The new framework relaxes previously stringent capital rules for banks with assets ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK financial watchdog has stepped up pressure on banks to offer more attractive interest rates on ...