Websites for Oschadbank and Ukraine’s Ministry of Defense were down when The Mirror tried to access them this afternoon amid fears that a Russian cyber attack may precede a possible invasion of Ukraine Ukraine is preparing for war ( Image: REUTERS) Two of Ukraine’s banks have been targeted in a cyber attack, according to the … Read more
Some 300 banks are planning to roll out Bitcoin trading on mobile apps in the first half of 2022, according to a report this week by Bitcoinfinancial services firm that has already made some inroads into the banking sector, including a subcustody deal with US Bank. “While fintechs and crypto-native companies have the head start … Read more
The New York Stock Exchange is withdrawing its mask mandate for fully vaccinated people effective immediately, a source said on Friday, after several large US banks also dropped their mask requirements at their US offices. The NYSE, which is owned by Intercontinental Exchange Inc (ICE.N), is now making masks optional on the trading floor and … Read more
GOP Rep. Jim Banks (R-Ind.) ripped his would-be Democratic challenger Aaron “AJ” Calkins Thursday for attempting to keep Banks off the ballot over his decision to vote against certifying the 2020 election results, calling the gambit “absurd.” Calkins, who is in a three-way Democratic primary for the right to face Banks in November, filed the … Read more
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg The end of easy money is upon us. Two years after the pandemic sent the global economy into a deep but short recession, central bankers are withdrawing their emergency support — and they’re … Read more
UN experts say North Korea continues to steal hundreds of millions of pounds from financial institutions and cryptocurrency firms, with the dictatorship using the illicit money to fund its nuclear and missile programs. The panel of experts said that, according to an unnamed government, North Korean “cyber-actors stole more than 50 million dollars (£37 million) … Read more
It’s time for the West to show its cards and publish its planned sanctions against Russia, Ukrainian Foreign Minister Dmytro Kuleba said Wednesday. At a news conference for foreign media, Kuleba called on the EU and its member countries to finalize the sanctions package and make it public — so that Russian President Vladimir Putin … Read more
The Reserve Bank of India (RBI) has launched a series of measures to help the economy weather the current crisis. He launched targeted long-term repo operations (TLTRO) 2.0 of Rs 50,000 crore. Banks would be required to deploy at least 50% of the funds made available under this facility in bonds of small non-bank finance … Read more
The coronavirus pandemic threatens to force Japan’s large regional banking sector to regret aggressive overseas investments and purchase loans during its four-year battle with negative interest rates. Analysts estimate that about 70 of the regional lenders listed are more vulnerable to rising credit costs than the country’s mega banks, as they are already under heavy … Read more