Banks in the euro area might struggle to get money from markets, especially in dollars and other foreign currencies, if global tensions keep rising. This warning came from the European Systemic Risk Board (ESRB) on a Thursday. Recently, things got tense between Europe and the U. S. over President T
Banks are in a tough spot right now. President Trump has suggested capping credit card interest rates at 10% for a year. This idea has caused quite a stir in the finance world. Banks are trying to figure out what to do next. The problem is, there's no clear plan on how this cap would work. The Whit
Stocks in Europe and Asia took a hit on Tuesday. This happened as everyone waited for big news from the U. S. about jobs and inflation. These reports could change how interest rates move. In Europe, Germany's DAX fell by 0. 4%, while France's CAC 40 saw a small gain. The UK's FTSE 100 also dropped.
Bank of America is now telling its rich clients to put some money into Bitcoin. They say it's okay to put 1% to 4% of their money into Bitcoin. This is a big deal because Bank of America is one of the biggest banks in the US. They will let their clients buy Bitcoin through special funds starting Ja
Banks are finally stepping up their tech game. For years, they lagged behind other industries, especially retail, when it came to adopting new technology. But now, with the help of something called agentic AI, banks are keeping pace with the latest innovations. This shift is huge. Just a few years
Stock markets showed optimism recently, with the Dow Jones Industrial Average climbing higher. This rise came as traders hoped for a deal to end a government shutdown. When the government shuts down, it can create uncertainty in the markets. Investors worry about how it might affect the economy and
Stocks are taking a pause today. The tech world is feeling a bit shaky after Qualcomm's shares dropped. This is making investors nervous about how high tech stock prices have climbed. Meanwhile, the economy is sending mixed messages, which isn't helping anyone make up their minds. Qualcomm isn't ha
Stocks worldwide are on the rise as traders keep an eye on the Federal Reserve's upcoming interest rate decision. Before markets opened, the S&P 500, Dow Jones, and Nasdaq were all up, following record highs the day before. This surge comes as investors hope for a rate cut due to a slowing job marke
Stocks hit record highs on Friday after inflation data came in softer than expected. The Dow Jones Industrial Average crossed 47, 000 for the first time, while the S&P 500 and Nasdaq also saw gains. This marks a strong week for the markets, with all three major indexes up around 2%. Ford led the ch
Banks are starting to see crypto in a new light. After staying away for a while, they are now taking a closer look. This change is happening because of new rules in Europe, like the Markets in Crypto-Assets (MiCA) regulation. These rules make banks feel more comfortable about getting involved with c
