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Banking

Latest Banking stories from Money.

Money

Korean Fintech Toss Aims to Make Facial Payments Commonplace

Toss, a South Korean fintech company, has set an ambitious goal to phase out physical credit cards within three years, promoting facial recognition technology for payments.

Money

IsoEnergy's Strategic Moves Amidst Uranium Supply Shortages

IsoEnergy is making significant strides in the uranium sector by restarting one mine and expanding another, as the market faces a notable supply shortage.

Money

HSBC Reports Decline in First-Quarter Profits Amid Fraud-Related Losses

In its latest financial report, HSBC disclosed a $100 million drop in first-quarter income, totaling $9.4 billion, which fell short of analysts' forecasts.

Money

Understanding HELOC and Home Equity Loan Rates on May 4, 2026

On May 4, 2026, we examine how homeowners can utilize their home equity to foster financial growth through HELOC and home equity loans.

Money

Blue Owl Secures $9 Billion Amidst Softening Private Credit Landscape

While Blue Owl's reported $9 billion growth is notable, it masks a disappointing $700 million rise in fee-paying assets, indicating challenges in the private credit sector.

Money

Bank of England Maintains Interest Rates Amid Economic Concerns

The Bank of England's Monetary Policy Committee has decided to keep interest rates steady at 3.75%, while signaling readiness to increase rates if the ongoing energy crisis continues to affect the economy.

Money

StanChart Reports Record Profit Amid $190 Million Charge Linked to Iran Conflict

Despite setting aside $190 million to mitigate risks associated with the ongoing conflict in the Middle East, StanChart has announced a record quarterly profit.

Money

Strategies for Refinancing a Car Loan Despite Bad Credit

Discover practical approaches to refinancing your car loan, even if your credit score is less than ideal.

Money

UBS Reports Significant Profit Increase Amid Market Volatility

UBS has experienced an 80% surge in profits, attributed to heightened trading activity driven by market volatility linked to the ongoing conflict in the Middle East.

Money

Ken Griffin Raises Concerns Over Wealthy Investors' Understanding of Private Credit Risks

Citadel's founder, Ken Griffin, warns that many wealthy individuals may not fully grasp the risks associated with private credit investments, particularly regarding fund liquidity.

Money

Current HELOC and Home Equity Loan Rates: April 1, 2026

As of April 1, 2026, homeowners can review the latest HELOC and home equity loan rates to develop an effective repayment strategy.

Money

Silver Rock Capital Partners Secures $4 Billion for Private Capital Ventures

Alumni from the Milken family office have successfully raised $4 billion, marking the largest credit fund to date for Silver Rock Capital Partners.

Money

Current HELOC and Home Equity Loan Rates as of March 16, 2026

Discover the updated rates for HELOCs and home equity loans to effectively utilize your home equity as of March 16, 2026.

Money

The Increasing Importance of Strategic Leadership in Major Banks

As the U.S. economy consolidates, the strategic choices made by senior leaders at major banks are becoming increasingly significant, impacting their operations and future.

Money

EU Aims to Resolve Hungary's Veto on €90 Billion Loan for Ukraine

The European Union is optimistic about moving forward with a €90 billion loan for Ukraine, contingent on Hungary lifting its veto, which may also lead to new sanctions against Russia.

Money

Massive Lithium Deposit Discovered Beneath U.S. Supervolcano

A newly discovered lithium deposit, estimated to be worth $1.5 trillion, lies beneath a supervolcano in the United States, potentially influencing the global energy sector.

Money

Kazakhstan Partners with Russia for Nuclear Power Project Financing

Kazakhstan has secured a loan from Russia to support the development of its first nuclear power plant, marking a significant step in its energy strategy.

Money

The Impact of US Intervention on Swiss Banking: The Case of MBaer

MBaer, a Swiss merchant bank, managed to endure extensive scrutiny domestically until external pressures from the US ultimately determined its downfall.

Money

Equinor's Rating Adjusted by Danske Bank to 'Hold'

Danske Bank has changed its rating for Equinor, now categorizing it as a 'Hold' position, indicating a more cautious outlook.

Money

Leading Mortgage Lender Emerges as Rates Decline to 4-Week Low

With mortgage rates reaching a four-week low, MarketWatch highlights the top mortgage lender for April 2026 amid changing market conditions.