Banking

Millions of customers and businesses last year found themselves in a situation where they needed their banks' dependability and support more than ever due to the pandemic. Consumers will now put their trust in the banks that were flexible...

On August 22, the euro briefly retreated below parity against a strong US dollar and was lagging near five-week lows due to worries that a 3-day interruption in European gas supplies later in the month may worsen an energy...

Business optimism in Europe decreased in July 2022 compared to June 2022 amid inflation worries as cost-of-living constraints on households rose in nations including the UK, according to Verdict's analysis of an ongoing poll. Verdict has been conducting the survey...

The invasion of Ukraine by Vladimir Putin has put Britain on a path to a longer-than-expected recession and inflation exceeding 13%, the Bank of England said as it increased interest rates for the sixth time in a row. Threadneedle...

As gasoline and food costs continue to rise, UK inflation reached a fresh 40-year high in June, according to official figures released on July 20th. According to a statement from the Office for National Statistics, the Consumer Price Index...

A public awareness media campaign has been launched by the ABA and collaborating ABA member banks to aid in defending clients against the rising threat of frauds. When making payments through online and mobile banking, users are urged to...

Bank of America Corp. was fined $225 million by federal regulators for improperly processing the disbursement of unemployment benefits and other state assistance during the height of the pandemic. Customers who were improperly denied access to their unemployment benefits were...