Banking News

Are you interested in banking news? Maybe you work in the industry, have a connection to the sector, or have a financial interest through investments. Whatever your interest the Wiser daily banking news email is for you. The financial crisis of the late 2000s proved how much of an influence the banking sector has throughout society. Every person, company and institution was impacted to a greater or lesser degree, from large multi-national corporations, to hard working American homeowners, to community organizations. Even after the financial crises the assets of the five biggest banks combined are worth more than 50 percent of the US economy. Those big five banks - JPMorgan Chase, Bank of America, Wells Fargo, Citigroup and US Bancorp - control $15.2 trillion in assets. The industry continues to consolidate so how will it look in another 10 years as regulators impose new rules? How will technology, the growth of India and China, and a changing US economy affect the sector? You will find the answers to these questions and more by staying informed of the latest banking news. And the best way to find information, news and developments about banking is through the tailored Wiser daily email.

Recent Banking News Coverage
 
Your Weekly Recommendations Wednesday, September 20, 2017
 
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6 Personal Finance Manager Apps
India Microfinance • Abhay N.
Morning Coffee: Horribly lean year now assured for many in banking. Laid-off trader lands new top job
eFinancialCareers • Dan Butcher
Labor demands Turnbull ally be ruled out as next head of corporate regulator
The Guardian • Gareth Hutchens
US bank CEOs are likely 'very afraid' of bitcoin, says wealth advisor
CNBC
DTCC White Paper Helps Banks to Reduce Risk Capital Charges Related to FRTB
Traders Magazine • John D'Antona, Jr.
VTB applies for UK banking licence
The Paypers
Meet Credit Suisse’s new investment banking bosses
eFinancial News • Financial News
Swiss stocks - Factors to watch on Sept. 20
Reuters • Reuters Staff
RANKED: These are the British professions that pay the biggest bonuses
Business Insider • Will Martin
Nigeria: Lawmakers Order Banks to Unblock Patience Jonathan's Accounts
AllAfrica
 
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Banking, Economic Policy
6 Personal Finance Manager Apps
India MicrofinanceAbhay N.
As life becomes more complex, it is useful to get a personal finance manager app which will guide you on how to save money and track your spending habits. Personal finance mangers have now become more intelligent and can autocategorize bank and...
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Bank of America, Finance
Morning Coffee: Horribly lean year now assured for many in banking. Laid-off trader lands new top job
eFinancialCareersDan Butcher
U.S. banks’ trading revenues have plunged, leading them to rely on other business units for growth or at least stability. However, even if trading picks up between now and year’s end, traders’ bonuses for this year will likely take a big hit....
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Investment Banking
Labor demands Turnbull ally be ruled out as next head of corporate regulator
The GuardianGareth Hutchens
Labor is demanding the Turnbull government not appoint John O’Sullivan as the next head of the corporate regulator, saying his links to the Liberal party and to the 2009 Utegate affair would make the appointment unsuitable. The Coalition is seriously considering appointing...
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Banking, Bitcoin
US bank CEOs are likely 'very afraid' of bitcoin, says wealth advisor
CNBC
U.S. bank CEOs are likely "very afraid" of bitcoin although it remains a viable hedge, says a wealth advisor.
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Banking, Economic Policy
DTCC White Paper Helps Banks to Reduce Risk Capital Charges Related to FRTB
Traders MagazineJohn D'Antona, Jr.
A new white paper from The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, suggests ‘real’ price and non-modellable risk factors (‘NMRF’) requirements under the Fundamental Review of the Trading Book (FRTB) will pose...
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Banking, Hedge Funds
VTB applies for UK banking licence
The Paypers
VTB, Russian Federation`s second largest banking group, has applied for a UK banking licence, to enable it to take retail deposits. The bank has also selected a core banking system to support its new operations once the licence is granted, Sopra Banking...
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Banking, Finance
Meet Credit Suisse’s new investment banking bosses
eFinancial NewsFinancial News
A flurry of memos heralded another round of big changes at Credit Suisse's investment bank this week – including new European co-heads of its investment banking and capital markets business, as well as a new executive chairman for that division. Marisa Drew...
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Investment Banking, Novartis AG
Swiss stocks - Factors to watch on Sept. 20
ReutersReuters Staff
ZURICH, Sept 20 () - The Swiss blue-chip SMI was seen opening 0.2 percent lower at 9,077 points on Wednesday, according to premarket indications by bank Julius Baer . The following are some of the main factors expected to affect Swiss stocks:...
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Banking, Finance
RANKED: These are the British professions that pay the biggest bonuses
Business InsiderWill Martin
Reuters / Luke MacGregor This week, Britain's statistical authority, the Office for National Statistics released a heap of data examining how much British workers earn in bonuses on top of their basic salaries. "During the financial year ending 2017 (April 2016 to...
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Commercial Banking
Nigeria: Lawmakers Order Banks to Unblock Patience Jonathan's Accounts
AllAfrica
The House of Representatives Committee on Public Petitions has directed six commercial banks to free accounts operated by former first lady, Patience Jonathan. The committee chaired by Uzoma Nkem-Abonta (Abia-PDP), gave the directive on Tuesday in Abuja at a hearing on a...
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