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Banks

All articles tagged with #banks

Banks' Optimistic Economic Signal Fails to Convince Investors

Originally Published 2 months ago — by MarketWatch

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Source: MarketWatch

Banks have reduced their loan-loss reserves despite rising concerns about loan quality and potential economic shocks, leading to investor skepticism. While some banks like JPMorgan increased reserves due to specific bad loans, overall industry sentiment remains cautious amid fears of rising defaults, especially in regional banks and private credit markets. Despite current stability, uncertainties about future economic conditions and the health of private credit markets keep investor caution high.

Finance Industry Urges Revisions to Crypto Regulations for Banks

Originally Published 4 months ago — by Yahoo Finance

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Source: Yahoo Finance

Finance industry groups are urging the Basel Committee to delay implementing new crypto risk standards, arguing that the current rules are too conservative given the market's growth and increased integration with mainstream finance, and calling for a reassessment before enforcement begins in 2026.

Trump to Target Banks Over Political Bias and 'Debanking'

Originally Published 5 months ago — by CNN

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Source: CNN

President Donald Trump is expected to sign an executive order aimed at protecting customers from being de-banked based on political or religious beliefs, directing regulators to remove vague 'reputational risk' language that has been used to justify account closures, amidst ongoing debates about political bias and regulatory overreach in banking.

White House Plans Action Against Banks Amid Trump Discrimination Claims

Originally Published 5 months ago — by Yahoo Finance

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Source: Yahoo Finance

The White House is preparing an executive order to investigate and potentially penalize banks for allegedly dropping customers for political reasons, following President Trump’s claims that major banks like JPMorgan and Bank of America discriminated against him and his supporters by refusing his deposits, which he suggests was politically motivated. The order aims to review banks for 'politicized or unlawful debanking' practices and could lead to penalties, amid ongoing tensions between Trump and the banking sector.

White House Plans Action Against Banks Amid Trump Discrimination Claims

Originally Published 5 months ago — by Reuters

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Source: Reuters

The White House is preparing an executive order to investigate and potentially penalize banks for allegedly dropping customers for political reasons, amid President Trump's claims that major banks discriminated against him and his supporters by refusing his deposits, though banks deny these allegations. The move reflects ongoing tensions over banking practices and political influence, with regulators and industry groups responding to the issue of 'debanking' and regulatory overreach.

Trump Accuses Major Banks of Discrimination Ahead of White House Action

Originally Published 5 months ago — by Reuters

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Source: Reuters

President Trump accused major banks like JPMorgan and Bank of America of discriminating against him and his supporters by refusing his deposits, and he is preparing to issue an executive order to investigate and address alleged politicized debanking practices, amid ongoing tensions over financial regulation and political bias.