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Banks have been found to offer loans through their remote channels without adequately informing individuals about the nature of the agreements or the contracting parties involved.

Good morning.

The Bank of Canada has decided to maintain its overnight rate at 2.75%, continuing with the Bank Rate at 3% and the deposit rate at 2.70%.

In March, inflation rates experienced a decline compared to the previous month.

In April 2025, the Governing Council of the Bank of Canada, consisting of Tiff Macklem, Carolyn Rogers, Toni Gravelle, Sharon Kozicki, Nicolas Vincent, Rhys Mendes, and Michelle Alexopoulos, released its Monetary Policy Report.

The Federal Reserve Board has given the green light to United Community Banks, Inc. for its proposed merger.

The Bank of Russia's Business Climate Index registered a value of 4.8 points in April, up slightly from 4.7 points in March, indicating continuous growth in economic activity.

Last month, the Senate Banking Committee advanced the bipartisan Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act with a vote of 18-6.

In March 2025, the Regional Economy report noted a slowdown in consumer demand, with a particular deceleration in the non-food segment.

To support recovery efforts following recent wildfires and straight-line wind damage in Los Angeles County, California, four federal financial institutions' regulatory agencies have temporarily suspended certain appraisal requirements for real...

The economy experienced moderate growth between February and March, with varying industry dynamics.

Credit institutions should avoid using visual techniques and automatic markings on consumers' behalf when displaying deposit data in remote channels.

The Federal Reserve Board has published the minutes from its meetings held on February 18, March 10, and March 19, 2025, concerning the discount rates set for depository institutions via the discount window.

The Bank of Russia has revoked the banking license of PromTransBank (PTB), a limited liability company based in Ufa, according to an April 15th announcement.

In the first 100 days of the 119th Congress, Chairman Tim Scott (R-S.C.) has actively pursued a robust agenda as the leader of the Senate Banking Committee.

Chairman Tim Scott and Secretary of Housing and Urban Development Scott Turner visited One80 Place in Charleston, South Carolina.

Growth in financial institutions' assets has slowed in 2024 under tight monetary conditions.

The Bank of Russia has released the results of its April 2025 monitoring of maximum interest rates on deposits in Russian rubles from the ten leading credit institutions.

The Federal Financial Supervisory Authority (BaFin) has issued another consumer warning regarding Quantum AI, a company allegedly offering unauthorized crypto and financial services through new websites.

The Federal Financial Supervisory Authority (BaFin) has issued a warning regarding the website checktrade24.com, which is offering financial, investment, and crypto asset services without the necessary authorization.