Finance

Why Is HSBC Shutting Down Its Zing International Payments App?
Finance Why Is HSBC Shutting Down Its Zing International Payments App?

HSBC has recently decided to close down its international payments app, Zing, which was launched just a year ago. This decision is part of a broader strategy to simplify operations and focus on areas where the bank holds a clear competitive advantage. Unveiled in January 2024, Zing was introduced

Presidential Influence and Instability in Financial Regulation Agencies
Finance Presidential Influence and Instability in Financial Regulation Agencies

In recent years, the intersection of presidential politics and financial regulation has become increasingly pronounced, particularly concerning the Consumer Financial Protection Bureau (CFPB) and the Federal Housing Finance Agency (FHFA). This growing influence is largely due to recent Supreme

Navigating Tax and Housing Reforms in Trump's Second Term
Finance Navigating Tax and Housing Reforms in Trump's Second Term

As President Donald Trump begins his second term, the multifamily housing industry anticipates a mix of risks and opportunities amidst a Republican-controlled government. The GOP's retention of a trifecta in Washington, D.C., allows Trump's administration and financial regulators more

Navigating CD Rates in 2025: Strategic Choices for Savvy Savers
Finance Navigating CD Rates in 2025: Strategic Choices for Savvy Savers

The landscape of Certificate of Deposit (CD) rates as of January 22, 2025, presents both opportunities and challenges for savers aiming to secure competitive rates in a shifting economic context. Recent Federal Reserve rate cuts have influenced this landscape, prompting financial institutions to

How Is TD Bank Managing Its Loan Portfolio to Meet Regulatory Caps?
Finance How Is TD Bank Managing Its Loan Portfolio to Meet Regulatory Caps?

In the rapidly changing financial landscape, TD Bank has undertaken a strategic approach to ensure adherence to regulatory lending caps by selling off portions of its loan portfolio. This move underscores the bank's commitment to complying with legal lending limits that are essential for

Is the Growing Non-Bank Financial Sector a Looming Systemic Risk?
Finance Is the Growing Non-Bank Financial Sector a Looming Systemic Risk?

In a recent fireside chat with Aaron Klein, a senior fellow at the Brookings Institution, Martin Gruenberg, the outgoing Chair of the Federal Deposit Insurance Corporation (FDIC), expressed caution against complacency in financial regulation and emphasized the importance of strong supervision.

Loading

Subscribe to our weekly news digest.

Join now and become a part of our fast-growing community.

Invalid Email Address
Thanks for Subscribing!
We'll be sending you our best soon!
Something went wrong, please try again later