Spot Banks
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German regulator: banks, stash profits for looming bad news horizon.
BaFin cautions banks to prudently reserve profits for looming client difficulties in real estate and the real economy, anticipating potential loan defaults and insolvencies. @BaFin_EN #BankingSector #RiskManagement
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Can fintech deliver, or is its future uncertain?
Liz Lumley (@TheBanker) delves into the reality of fintech’s impact, questioning if its growth truly advances financial inclusion for marginalized groups or if it’s a fleeting trend. #Fintech #FinancialInclusion
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Hong Kong, Saudi join forces to enhance financial market collaboration.
Hong Kong and Saudi Arabia ink a pivotal agreement to bolster financial market collaboration, spotlighting a strengthened alliance at the Asian Financial Forum. #FinancialMarkets #HongKong #SaudiArabia #AFF2023
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Bank of America slashes HK investment banking team amidst market hurdles.
Amid market challenges, Bank of America (@BankofAmerica) streamlines its Hong Kong investment banking team, maintaining financial stability with solid valuation and a consistent dividend history. #BankingIndustry #MarketTrends #InvestmentBanking
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Brex’s workforce downsizing: Silicon Valley darling tumbles down.
Decacorn Brex is streamlining its workforce, cutting 20% amid a strategic pivot towards hiring global talent. The move reflects broader fintech industry trends and cost-saving measures. @brexhq
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2024 Top 10 Economic Outlook: Navigating the Public Finance Future
Discover the economic trends that will shape County governments in 2024 in @threeplusone_’s webinar “Navigating the Future of Public Finance: 2024 Top 10 Economic Outlook.” #PublicFinance #EconomicOutlook #CountyGovernment
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Michelle Cresta: Leading Finance and Operations for Manchester Essex Regional School District
Michelle Cresta joins Manchester Essex Regional School District as Director of Finance and Operations, bringing a wealth of experience in finance and school administration. #NewAppointment #SchoolFinance #Leadership
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TFT’s Bi-Weekly News Roundup: This Week in Fintech 23/01
Discover the latest fintech buzz in The Fintech Times’ roundup: Ozone API’s Series A success, DailyPay’s funding triumph, strategic appointments at MorganAsh & Alba Bank, and key acquisitions shaping the industry. #FintechNews
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Napier chosen by Satchel for AML platform
Napier (@NapierAI) enhances Satchel’s digital banking platform with premier AML solutions, ensuring robust financial crime compliance powered by cutting-edge AI and API integrations. #RegTech #AML #FintechPartnership
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Africa’s fintech market set to soar with $65bn by 2030.
Discover how Africa’s booming fintech scene is set to revolutionize financial access, with a market poised to hit $65 billion by 2030 and innovate solutions for underbanked populations. #FintechGrowth #FinancialInclusion #AfricanEconomy