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Malaysia’s digital future needs faster Internet

Published: 15/11/2018

As an early pioneer in the digital economy, Malaysia has many of the building blocks to leapfrog to a new digital future, but the country will need faster Internet to go the next mile. Photo: bigstock ... Read more

Source: blogs.worldbank.org
Here comes the sun(set), it puts children to sleep, and affects global educational outcomes.

Published: 15/11/2018

This is the second in this year's series of posts by PhD students on the job market. Each evening the sun sets more than 90 minutes later in west India than in the east of the country. This is because ... Read more

Source: blogs.worldbank.org
Atlantic Capital selling branches in Georgia, Tennessee

Published: 15/11/2018

The company is selling 14 branches, including several around Chattanooga, Tenn., and its mortgage business to FB Financial so it can focus on its Atlanta operations and national lending businesses. Read more

Source: www.americanbanker.com

'There is likely to be some pain': Citi’s Corbat on nonbank lending

Published: 15/11/2018

Citigroup CEO Michael Corbat added to the chorus of bankers offering warnings about credit risks that loom outside of the banking industry. Read more

Source: www.americanbanker.com
In crowded fintech space, BBVA searches for diamonds in the rough

Published: 15/11/2018

The Spanish bank’s investment arm, Propel, is jointly working with the venture capital firm Anthemis Group to find promising startups. Read more

Source: www.americanbanker.com
FDIC takes first step toward altering small-dollar lending policy

Published: 15/11/2018

The FDIC is seeking comment on how to encourage small-dollar lending at banks, signaling a course change from guidance it issued five years ago restricting such loans. Read more

Source: www.americanbanker.com

Dems' grilling of Fed's Quarles a preview of what could come

Published: 15/11/2018

On the verge of controlling the Financial Services Committee, House Democrats criticized proposed changes to the Federal Reserve Board's post-crisis supervision program. Read more

Source: www.americanbanker.com
Otting touts OCC to foreign banks seeking U.S. presence

Published: 15/11/2018

In a speech in Japan, the comptroller of the currency urged overseas institutions to consider a “single regulatory framework” instead of applying to multiple states. Read more

Source: www.americanbanker.com
When best-laid plans fall short, buyers can abruptly become sellers

Published: 15/11/2018

Blue Hills Bancorp in Massachusetts completed a second-step conversion and was poised to bulk up on acquisitions. It struck its one and only deal this fall — and it was not the kind it had in mind. Read more

Source: www.americanbanker.com

Mary Meeker's audacious goal, Wells Fargo's gender drama and Goldman's new partners

Published: 15/11/2018

Wells Fargo explains to the "girls" that there really is no gender bias, but that guy is retiring, OK? Rana Yared is one of Goldman Sachs' 18 new female partners. And Mary Meeker sets a huge target fo ... Read more

Source: www.americanbanker.com
FDIC’s rate caps threaten efforts to serve the underbanked

Published: 15/11/2018

The agency’s flawed methodology for determining interest rate caps on certain accounts poses risks for banks offering free, low-deposit checking and the financial system more broadly. Read more

Source: www.americanbanker.com
FDIC approves Massachusetts de novo application

Published: 15/11/2018

New Valley Bank & Trust is set to become the state’s first new bank since 2008. Read more

Source: www.americanbanker.com

Pot banking takes off in U.S. as women forge path around ban

Published: 15/11/2018

A federal prohibition on marijuana has locked U.S. banks out of an industry surging toward $75 billion in sales. Who's catching that money? A small number of local credit unions, and the women who run ... Read more

Source: www.americanbanker.com
CFPB’s remittance rule exception needs a reboot

Published: 15/11/2018

A 10-year exemption for banks offering estimated fees and exchange rates under the rule, instead of exact amounts, is set to expire in 2020. Lawmakers should consider a temporary extension. Read more

Source: www.americanbanker.com
Warren says leveraged lending lapses invite new crisis

Published: 15/11/2018

Sen. Elizabeth Warren said regulators are failing to respond to what she thinks could be a new meltdown in the making: the trillion-dollar market for leveraged loans. Read more

Source: www.americanbanker.com

JPM to tap contactless market; bad day for bitcoin

Published: 15/11/2018

While JPM won't by the first to offer tap to pay, others may follow; cryptocurrency drops to lowest level of the year. Read more

Source: www.americanbanker.com
Will new Amazon HQs be a boon for local banks?

Published: 15/11/2018

Tepid loan and deposit growth has been a persistent theme in 2018, but that could soon change for community and regional banks in the New York and Washington markets. Read more

Source: www.americanbanker.com
RBS and Persimmon lead banks and builders lower

Published: 15/11/2018

Investors shed stocks with high UK exposure amid Brexit deal turmoil Read more

Source: www.ft.com

Global solidarity to finance the Sustainable Development Goals

Published: 15/11/2018

Achieving sustainable development depends on incremental investments in six priority transformations: building human capacities (health, education, new job skills); decarbonising energy; promoting sus ... Read more

Source: blogs.worldbank.org
BCS Global Markets wins transaction banking license

Published: 15/11/2018

The London-based business of BCS Global Markets (“BCS GM”) has obtained a transaction banking licens... Read more

Source: www.finextra.com
APAC and the Fourth Industrial Revolution

Published: 15/11/2018

Martin Frick, Managing Director, APAC, Temenos, speaks at Sibos 2018 in Sydney about APAC being a fr... Read more

Source: www.finextra.com

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