banks

UAE banks have limited settlements with Russia and started closing accounts of Russians

Banks of the United Arab Emirates (UAE), due to the risk of secondary sanctions, limited settlements with Russia and began to close accounts for companies and individuals.…

10 months ago

Due to inflation, Italians suffered losses of 152 billion euros per year

Financial losses associated with households using their savings, moving part of liquidity into banking instruments and increasing interest rates on loans...

12 months ago

Bank profits decreased due to Getmantsev’s explanations about the origin of excess profits of financial institutions

Annual profit increased markedly, despite a decline in November. The net profit of solvent banks for January-November 2023 reached 130.55 billion...

12 months ago

Ukrainian banks are massively blocking customer cards. What is the reason?

In Ukraine, the number of complaints against banks due to blocking of bank cards is increasing. Financial institutions freeze accounts after suspicious transactions if the client...

12 months ago

Nationalization: how Igor Kolomoisky lost control over PrivatBank

At the end of its history seven years ago, Ukrainian PrivatBank became the object of government intervention. On December 18, 2016, the bank was nationalized...

12 months ago

The co-founders of Wikipedia expressed the opinion that banks are functioning, while Bitcoin is not working

Jimmy Wales, co-founder of Wikipedia, boasted on Platform X (formerly known as Twitter) that he had never experienced a financial loss...

12 months ago

MonoBank faced a major DDoS attack, but later successfully dealt with it

Hacker attack on mobile operator Kyivstar. Monobank reported a massive DDoS attack on the bank. Later the attack was repulsed. Source: co-owner of Monobank...

1 year ago

BBVA used the Ripple platform to store cryptocurrencies

Switzerland-based banking division BBVA has moved its cryptocurrency custody services to Ripple's Metaco Harmonize platform. According to…

1 year ago

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