Tag: Banking
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UBS Considers a US Headquarters Move: Implications for Switzerland
UBS Considers a US Headquarters Move: What Could Change? Rumors are circulating that UBS is weighing relocating its headquarters to the United States. The idea would involve shifting regulatory oversight from the Swiss FINMA to the U.S. Federal Reserve, while the Swiss subsidiary remains protected by structural separation to safeguard savers. The move would not…
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New EU Regulation Excludes Tech Giants from Financial Data Access
Introduction to the New EU Financial Data Regulation After years of negotiations, the European Union is nearing the finalization of the Financial Data Access (FiDA) regulation. This legislation aims to facilitate easier access to financial data for third-party entities, particularly benefiting local banks and financial institutions. Recent reports indicate that major U.S. tech companies, such…
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India’s Goal: Two Public Sector Banks in Global Top 20
Introduction In a significant move to elevate India’s financial standing, the government has set an ambitious target for public sector banks (PSBs). As part of its broader strategy to establish India as a ‘Developed Nation’ by 2047, the aim is to position at least two PSBs among the top 20 global banking institutions. Currently, the…
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India’s Ambition: PSBs in World’s Top 20 by 2047
Introduction India is on an ambitious path to elevate its Public Sector Banks (PSBs) into the top 20 global banking institutions by the year 2047. This vision stems from a commitment to enhancing corporate governance, modernizing operational frameworks, and improving customer experience. The PSB Mandate Conference highlighted these crucial areas over two days dedicated to…
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Greek Banks Extend €4 Billion in New Loans to Businesses
Overview of Loan Disbursement in Greece In a significant boost to the Greek economy, banks have extended approximately €4 billion in new loans to businesses since the beginning of 2023. This initiative aims to support economic recovery and stimulate growth, particularly in the aftermath of the challenges faced during the pandemic. Impact of New Loans…
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Government’s Controversial Endorsement of Bank Practices
Government’s Full Endorsement of Controversial Bank Practices Recent statements from prominent officials indicate that the government is fully endorsing a controversial practice by the National Bank. This practice involves the unilateral conversion of depositor accounts into privileged accounts, which incur monthly charges. Such actions have raised eyebrows among consumers and financial experts alike. The National…
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Velarde on Investment Decision: Challenges for Entrepreneurs
Investing in Uncertain Times: Insights from Julio Velarde In a world where investment decisions can hinge on myriad factors, the voice of seasoned leaders like Julio Velarde, the president of the Central Reserve Bank of Peru (BCRP), is invaluable. During the closing day of inPerú 2025, a prominent investment event held in Madrid, Velarde spoke…
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Top 7 Banks Offering High Fixed Deposit Rates
Introduction In an era where financial stability and growth are paramount, fixed deposits (FDs) are a popular choice among investors. They offer a safe avenue to grow savings with guaranteed returns. If you’re looking for the best rates, here’s a detailed look at the top 7 banks offering high fixed deposit rates in India. 1.…
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Top 7 Banks Offering High Interest on Fixed Deposits
Introduction In the current financial landscape, choosing the right bank for your fixed deposit (FD) is crucial for maximizing your savings. With interest rates fluctuating, it’s essential to stay updated on which banks offer the highest rates. This article highlights the top 7 banks offering high interest on fixed deposits as of 2025, ensuring you’ll…
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Top 7 Banks Offering High Fixed Deposit Interest Rates
Introduction to Fixed Deposits Fixed deposits (FDs) are one of the safest investment options for individuals looking to grow their savings. With fixed interest rates, these deposits allow investors to earn guaranteed returns over a specified period. Most banks offer competitive rates, but some stand out more than others. Why Choose Banks with High FD…