ExploreOPINION | Killer Mike: Now’s time to plot, plan, mobilize, strategize “It’s shocking that a bank like this doesn’t already exist,” said John Hope Bryant, CEO of Operation HOPE, a nonprofit that helps unbanked consumers open checking accounts and improve credit scores. Black consumers are underrepresented at traditional banks. Truist, […]
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SBI had launched the YONO platform in November 2017 to help its customers’ banking, investment and shopping needs. Within three years of its launch, YONO, the digital banking platform of the country’s largest lender SBI, has a valuation of over USD 40 billion, the bank’s chairman Rajnish Kumar said on […]
The MarketWatch News Department was not involved in the creation of this content. Sep 30, 2020 (Market Insight Reports) — The report provides a detailed assessment of the ‘Global Power Bank Market’. This includes enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, […]
Bank of Montreal Can lifted its holdings in Myers Industries, Inc. (NYSE:MYE) by 115.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,276 shares of the industrial products company’s stock after purchasing an additional 2,824 […]
Bank of Montreal Can increased its position in shares of Madrigal Pharmaceuticals Inc (NASDAQ:MDGL) by 249.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 978 shares of the biopharmaceutical company’s stock after buying an additional 698 shares during the […]
First Bank of Nigeria Limited, a leading financial inclusion services provider, recently announced that loans in excess of N17 billion had been disbursed to individuals, across the country. The loan disbursement is carried-out through FirstAdvance, its digital lending solution. FirstAdvance is designed to offer convenient and easy access to cash for […]
SHANGHAI, Sept. 28, 2020 /CNW/ — At HUAWEI CONNECT 2020, Pan Weidong, President of Shanghai Pudong Development Bank (SPD Bank), and David Wang, Huawei Executive Director and Chairman of the Investment Review Board, released the Bank of Things White Paper. The White Paper first proposes a brand-new financial service model […]
MANILA (Xinhua): The World Bank on Wednesday (Sept 30) said it has approved a US$600 million loan to support the Philippine government’s efforts to sustain social protection for the poor and most vulnerable families amid the Covid-19 pandemic. The loan will be used for a new project named the Philippines […]
Berenberg Bank started coverage on shares of Alnylam Pharmaceuticals (NASDAQ:ALNY) in a report released on Wednesday morning, The Fly reports. The brokerage issued a hold rating on the biopharmaceutical company’s stock. ALNY has been the topic of a number of other research reports. BMO Capital Markets upped their target price […]
For its recent digital efforts for inclusive and accessible digital banking during this pandemic, Rizal Commercial Banking Corporation (RCBC) was named 2020 Best Digital Bank in the Philippines by Asiamoney, besting all other banks in the country. Asiamoney, a financial publication established in 1989, cited the introduction of DiskarTech inclusion […]
NEW YORK–(BUSINESS WIRE)–Halper Sadeh LLP, a global investor rights law firm, announces the filing of a shareholder class action lawsuit against Spring Bank Pharmaceuticals, Inc. (NASDAQ: SBPH) in connection with its merger with F-star Therapeutics Limited. The lawsuit seeks damages and/or equitable relief on behalf of Spring Bank shareholders under […]
WILMINGTON, Del., Sept. 28, 2020 (GLOBE NEWSWIRE) — Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District Court for the District of Delaware on behalf of holders of Spring Bank Pharmaceuticals, Inc. (“Spring Bank” or the “Company”) (NASDAQ GS: SBPH ) […]
MUMBAI (Reuters) – The Reserve Bank of India is expected to keep key rates unchanged this week, but may for the first time since February provide guidance on how the economy is performing amid the coronavirus pandemic. CCTV cameras are seen installed above the logo of Reserve Bank of India […]
The executive who helped guide Goldman Sachs’ embrace of Main Street is giving up his post in a management shuffle at the consumer unit. Harit Talwar, the face of Goldman’s five-year-old dive into mom-and-pop banking, will step aside, according to people with knowledge of the matter. Omer Ismail will take […]
Bank of America Corp DE lifted its holdings in shares of Enterprise Financial Services Corp (NASDAQ:EFSC) by 34.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 261,258 shares of the bank’s stock after purchasing an additional 66,653 shares during […]
PROVIDENCE, R.I.–(BUSINESS WIRE)–Sep 30, 2020– Citizens Bank today announced that it has awarded 100 grants of $15,000 each totaling $1.5 million to minority-owned small businesses across its service areas as part of its previously announced $10 million investment to help drive social equity and economic advancement in underserved communities across […]
Fifth Third MomentumTM recently hit a milestone: It now has helped customers pay down $5 million in student loan debt. The Fifth Third Momentum app, which launched three years ago, allows customers to round up their debit card purchases to apply to a student loan. Were proud to play a […]
Pandemic or no pandemic, small and medium enterprises (SMEs) need to automate their operations, according to a top official of a major bank. “SMEs must pursue the automation process with or without Covid-19 because it will enhance their operations and allow them to compete equally in a level field brought […]
© Provided by BusinessWorld THE World Bank approved Wednesday a $600-million (P29 billion) loan to help the country fund its conditional cash transfer program for poor families. In a statement Wednesday, the bank said the loan will support the Pantawid Pamilyang Pilipino Program (4Ps) of the Department of Social Welfare […]
A group of Bank of America strategists make a compelling case for value-centric stock picks in the wake of a US economic recovery. The strategists bolster their picks by pointing to positioning, economic activity, historical evidence, and proprietary measures. In total, the strategists provide 29 value-centered stock picks and provide […]
(Bloomberg) — The Philippines has asked the central bank to lend it 540 billion pesos ($11.1 billion) to help finance a budget deficit that’s under strain from Southeast Asia’s worst Covid-19 outbreak. © Bloomberg A motorcyclist passes an entrance to the Bangko Sentral ng Pilipinas ahead of an interest rate […]
The World Bank Group building is viewed on an empty street in Washington, DC on April 13, 2020. Daniel Slim/AFP Multilateral lender World Bank has approved a new project loan for the Philippines in support of the government’s efforts to help poor households hit by the COVID-19 pandemic. In a […]
Project to harness digital tools to modernize social protection delivery WASHINGTON, September 28, 2020— At least 4 million families are expected to benefit from a new project designed to protect the welfare of low-income households impacted by COVID-19 and enable Government to harness digital tools to transform social protection delivery […]
Bandhan Bank has recently appointed Rahul Parikh as Executive President and Chief Marketing and Digital Officer. Call for entries open for BuzzInContent Awards 2020 ENTER NOW Parikh will be responsible for the Digital Banking Business P&L and for building a strong digital backbone to support the bank. He will lead […]
PHOENIX — Fast food lovers will have the chance to give back Tuesday when they visit a Phoenix Arby’s location. The chain has announced it will donate a portion of its sales to St. Mary’s Food Bank during Hunger Action Month. Phoenix-area Arby’s restaurants will give 20 percent of their […]