All articles by Douglas Blakey
Douglas Blakey
Central Bank digital currencies going global
CBDCs will not dethrone the dollar but will boost de-/re-globalisation. ‘BRICS currency’ talk will in practice turn out to mean a common platform for cross-border payments in CBDCs, explains Christopher Granville of TS Lombard
US banks report second quarter net income of $70.8bn, 5.7% up on year ago quarter
Net income for the 4,645 FDIC-insured commercial banks and savings institutions rises from the year ago quarter as growth in net interest income exceeded growth in provision expense and non-interest expense
Citi launches simplified banking amid efforts to simplify its business
GlobalData analyst Blandina Szalay discusses the thinking behind Citi’s launch last month of its Relationship Tier system
RBC 10-year survey compares impact of inflation on students’ financial dependence
Inflation crunches today’s post-secondary students, with almost half now living at home while assuming their parents will take care of their financial needs
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Metro Bank ramps up support for women’s cricket
Metro Bank and the England & Wales Cricket Board (ECB) have pledged to treble the number of girls’ cricket teams in England and Wales by 2026
Signal: Atria Wealth Solutions completes acquisition of Grove Point Financial
Deal gives the rapidly expanding Atria access to 400 independent financial professionals and $15bn in assets under management
wamo partners with Modulr to strengthen SME business account offering
Collaboration enables wamo to widen its product offering and services to EU and UK companies
ThetaRay secures $57m funding to ramp up international expansion
Funding round led by Portage, a global fintech and financial services investment platform, and supported by largest existing shareholder JVP and other shareholders
GXBank, Grab-led digital bank: first to receive regulatory approval to launch in Malaysia
GXBank is the first of five digital bank licence applicants to receive approval to commence operations from the Minister of Finance and Bank Negara Malaysia