MP vows to push for abolition of 'exploitative' RM1 ATM fee
Ahmad Fadhli Shaari says the seemingly small fee is a significant burden on the poor, while bringing huge profits to banks.
Large US banks report higher profits despite recent industry turmoil
Recent banking industry turmoil following the collapse of Silicon Valley Bank raised worries about a flight of deposits, but that was seen as more of a concern for midsized lenders.
Banks feel impact as Asian markets hit by contagion fears
Already jittery investors have been in panic mode since the collapse of two regional US banks over the weekend sparked a sell-off across equities and ramped up concerns of a global recession.
Big US banks report mixed earnings and gird for 'mild recession'
Bank shares initially tumbled on the reports, but reversed course in the middle of the session.
Beijing urges Chinese banks to offer more real estate loans
Potential homebuyers have been reluctant to ink new deals in recent months because of uncertainty generated by China's various anti-Covid measures, leading to a sharp decrease in home prices.
As recession looms, British business sends out lending SOS
Banks are increasingly nervous about extending credit to small companies, as rising costs of debt, labour and raw materials put the business case of lending to such companies under unprecedented strain.
Money, banks and govt: who should call the shots in Malaysia's financial system?
Differing opinions arise over the effect on inflation, access to credit and qualifications of Parliament to oversee the creation of money.
Remove power to create money from banks, govt urged
A former banker says such power should be given to the government under the authority of Parliament.
'Lots of customers': the banks of choice for scammers
From using strong passwords to avoiding public WiFi networks, Malaysians are advised to up their game against scammers.
China regulator warns banks against yuan selling, sources say
Recent economic indicators showed that the Chinese economy is in the doldrums, with the latest alarm bell a record surge in unemployment payouts for June.
UK to guarantee access to cash as banks shut branches
Under the legislation, the Financial Conduct Authority regulator 'will be granted new powers' over Britain's biggest lenders to 'ensure that cash withdrawal and deposit facilities are available in communities across the country'.
Credit Suisse shareholders rebuke management
Gathered virtually for the bank's general assembly, a full 59.95% of shareholders refused to release the management from personal liability for the year 2020.
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