The latest news on Bank from the WSJ MoneyBeat Blog. Up-to-the-minute news and analysis on deals, markets and finance around the world. UBS to Pay $230 Million to Settle Interest-Rate-Rigging Case UBS has agreed to pay $230 million to settle a long-running civil lawsuit accusing the bank of rigging benchmark interest rates.

PYMNTS

03.07.2025

Payment Hubs Rescue Banks From $100M Payments Chaos

Payment hubs consolidate payment processing, enhance security and improve compliance, boosting banks’ financial health.

Evestreet Financial

03.07.2025

Bank Al-Habib exit Kenya as Central Bank Cancels Licence.

Bank Al-Habib exit Kenya as Central Bank Cancels Licence for Representative Office. The CBK said the cancellation, effective 15 May 2025.

Clever Dude

03.07.2025

9 Dangerous Assumptions Couples Make About Joint Bank Accounts

Think sharing a bank account means full financial harmony? These 9 assumptions could cost you your savings—and your relationship.

Money Morning

03.07.2025

Gold vs. Bitcoin: What Traders Should Buy Now

Is gold losing its edge as the go-to safe haven? With central banks pulling reserves and the dollar weakening, Bitcoin may be the real winner in 2025. Here’s what traders need to know now.

Money Morning

03.07.2025

Market Brief Why Stocks Keep Climbing Despite Trump’s Chaos

Stocks are grinding higher despite rising political uncertainty and Fed shake-up talk. Investors are eyeing earnings season as the next catalyst, while rotation flows into banks, big tech, and insurance stocks.

finews.com

03.07.2025

Shock at BLKB: Massive Write-down, CEO and Chairman to Step Down

Trouble is brewing at Basellandschaftliche Kantonalbank (BLKB). A write-down of over 100 million Swiss francs has been made on the value of its neo-bank subsidiary, Radicant. Both the Chairman of the Board and the CEO have announced they will step down in 2026.

finews.com

03.07.2025

How Central Bank Expectations Have Shifted

Compared to last year, economic realities have changed significantly. The latest UBS survey clearly shows how profoundly these changes have impacted the attitudes and expectations of central bank asset managers.

CNBC Investing

03.07.2025

One analyst hasn't been this bullish on JPMorgan since 2009 due to AI

Steven Alexopoulos of TD Cowen believes AI created a huge buying opportunity for his bank picks, like JPMorgan, not seen since the Great Financial Crisis.

CNBC Investing

03.07.2025

Autonomous cars are having their 'ChatGPT' moment: Bank of America

Fully commercial robotaxis run in seven cities and 20 more are in progress, the firm said.

CNBC Investing

03.07.2025

JPMorgan says shares of this little-known online lender can rally more than 50%

The bank initiated the stock with an overweight rating.

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Payment Hubs Rescue Banks From $100M Payments Chaos

Bank Al-Habib exit Kenya as Central Bank Cancels Licence.

9 Dangerous Assumptions Couples Make About Joint Bank Accounts

Gold vs. Bitcoin: What Traders Should Buy Now

Market Brief Why Stocks Keep Climbing Despite Trump’s Chaos

Shock at BLKB: Massive Write-down, CEO and Chairman to Step Down

How Central Bank Expectations Have Shifted

One analyst hasn't been this bullish on JPMorgan since 2009 due to AI

Autonomous cars are having their 'ChatGPT' moment: Bank of America

JPMorgan says shares of this little-known online lender can rally more than 50%

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