Banks (Finance)
Bangladeshi authorities have taken swift action to combat a major fraud involving National Savings Certificates (NSC). The Bangladesh Financial Intelligence Unit (BFIU) of the Bangladesh Bank (BB) has frozen three bank accounts linked to the scam, which resulted in the embezzlement of Tk 2.5 million. The fraudsters exploited the
Banks (Finance)
Samsung, India's largest consumer electronics brand, has partnered with Mahindra Electric to enable Digital Car Key compatibility with their Origin SUVs. This integration allows Galaxy smartphone users to lock, unlock, and start their vehicles using Samsung Wallet, offering a seamless and convenient experience. The partnership aims to make
Banks (Finance)
Goldman Sachs has predicted that the Bank of England will cut interest rates next week, contradicting the broader market consensus. This change in stance is based on recent data showing services inflation below the monetary policy committee's forecasts, cooling private sector pay growth, and softer GDP data. However,
Banks (Finance)
The Hong Kong Monetary Authority (HKMA) has issued a scam alert related to a phishing scam involving Industrial and Commercial Bank of China (Asia) Limited. The scam involves phishing instant messages from ICBC Asia, which attempt to deceive customers into providing sensitive information or conducting transactions. This is not the
Banks (Finance)
Samsung, India's largest consumer electronics brand, has partnered with Mahindra Electric to enable Digital Car Key compatibility with their Origin SUVs. This integration allows Galaxy smartphone users to lock, unlock, and start their vehicles using Samsung Wallet, offering a seamless and convenient experience. The partnership aims to make
Banks (Finance)
The Botswana Stock Exchange (BSE) aims to introduce learners to the basics of trading, portfolio management, and risk analysis, thereby equipping them to make informed investment decisions. As part of this effort, the BSE launched an initiative in collaboration with Stanbic Bank Botswana, which involves a simulated trading competition among
Banks (Finance)
Jordan Islamic Bank, a prominent player in the banking sector, experienced a minor decline in its stock price during the latest trading session. The bank's stock closed at 4.43 JD, marking a slight move of -0.45% from its reference price of 4.45 JD. The trading
Banks (Finance)
Belite Bio, a clinical-stage drug development company focused on advancing novel therapeutics targeting degenerative retinal diseases, announced that Hao-Yuan Chuang, Chief Financial Officer, will present live at the dbVIC - Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference hosted by VirtualInvestorConferences.com. The conference is aimed at introducing global
Banks (Finance)
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is making efforts to attract investments and boost oil production in the country, turning to the Bank of America for increased investment. The regulator's CEO, Gbenga Komolafe, met with the managing director and head of investment banking for sub-Saharan Africa at
Banks (Finance)
In a shocking incident, a 44-year-old area manager of a private bank in Ichalkaranji, Abhinandan Kolhapure, was brutally murdered by a group of men early on Tuesday morning. According to police, Kolhapure had a confrontation with a bar waiter, Rohit Kolekar, at a bar on Monday night, which led to
Banks (Finance)
As the Canadian economy faces significant challenges due to U.S. tariffs and protectionism, the Bank of Canada has kept its benchmark interest rate steady at 2.25 per cent, signaling that it is at the end of its easing cycle. Governor Tiff Macklem stated that the policy rate is
Banks (Finance)
Hope Bancorp, Inc.'s Board of Directors has declared a quarterly cash dividend of USD 0.14 per common share, payable on November 21, 2025, to all stockholders of record as of November 7, 2025. This dividend declaration follows the company's acquisition of Territorial Savings in April
