The risk of deposit runoff is a known factor in M&A, but it doesn't have to be severe. Acquirers can take several steps to ...

A: If your federally insured bank fails, the Federal Deposit Insurance Corporation seeks to keep your money safe. Specifically, the FDIC insures up to $250,000 per depositor, per institution ...

Additional deposits will increase the banking system’s liquidity, reducing dependence on high-cost borrowing,” Nagaraju said. Senior citizens hold about Rs 34 lakh crore in bank deposits ...

“Our cost of deposits has increased but that is reflecting the structural liquidity challenges in the banking system. We believe that we can contain it to some extent,” he said. The bank has ...

By Ben Aris in Berlin Depositing money in high-yielding bank deposits is back as Russians’ favourite store of wealth to protect their life savings against the ravages of high inflation rates. Total ...

AI-driven fintech solutions provider Finovifi has acquired Modern Banking Systems (MBS) in Nebraska, US. Finovifi, which caters to community banks, did not reveal the price it paid for the purchase.

The President of the Ghana E-Waste Recyclers Association (EWROTA), Gilbert Odjidja, has called for the adoption of a deposit return system (DRS) in Ghana as a sustainable solution for plastic ...

Foreign currency deposits in Egypt's banks, excluding the Central Bank of Egypt (CBE), increased by 15.2% in 2024, reaching $58.17 billion by the end of December, according to the CBE. This growth is ...

The Union Budget 2025 aims to boost bank deposits by Rs 40,000-45,000 crore through income tax adjustments. Key proposals ...