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The Association of Cyprus Banks (ACB) has launched a fully redesigned Cyprus Banking Insight website, making its published editions and annual reviews available digitally across all devices.
Cyprus is turning to artificial intelligence to upgrade its tourism services and boost its competitiveness in the global market.
The Japanese yen strengthened on Friday, fueled by speculation that Japanese authorities might intervene in the market to support the currency.
Several US banks, including SB Financial, First Hawaiian, and Eastern Bankshares, have released their financial outlooks for 2026, projecting loan growth targets and net interest margin ranges. These projections come amid varying market conditions, including deposit competition and higher-for-longer interest rates.
Yahoo reports that real estate lending by US banks has significantly increased, surpassing $6 trillion in 2026, indicating a robust lending market.
Major US banks are reportedly reducing their loss reserves for Commercial Real Estate (CRE) while simultaneously exploring potential upsides and applications of artificial intelligence in their operations.
Shares of five major US banks declined on Tuesday despite the release of excellent quarterly results, as JPMorgan's CEO issued a warning about potential financial instability.
Banks operating in Cyprus, including Eurobank and Alpha Bank Cyprus, are expected to benefit from improving conditions in the Greek banking sector, according to assessments by Fitch Ratings and UBS.
Both fixed and variable interest rates in Sweden saw a decrease in June, according to Zmarta's monthly compilation of average interest rates from various banks.
US officials, including Marco Rubio and Donald Trump, have stated that tolls on shipping through the Strait of Hormuz are unacceptable, while also clarifying that unfrozen Iranian funds would be strictly overseen for humanitarian purposes. These statements come amidst ongoing tensions and conflicting reports regarding US-Iran relations and regional security.
US banks are looking to the Federal Reserve's upcoming stress tests for a new assessment of their financial health and resilience.
Despite Cypriot banking representatives assuring European regulators of the island's banks' strength and profitability, questions are being raised regarding their activities and overall performance.
US banks are making a final effort to influence proposed changes to capital rules as the Federal Reserve concludes its consultation period. The industry is advocating for modifications to the new regulations.
The U.S. Justice Department has issued subpoenas to several major American banks as part of an ongoing inquiry into 'debanking' practices.
Several prominent U.S. banks have joined forces to develop a new tokenization network, aiming to enhance digital transactions.
The Federal Reserve and the Federal Deposit Insurance Corporation have given their approval to the 'living wills' of the largest U.S. banks, outlining their plans for orderly resolution in case of failure.
A key feature of the annual stress test for US banks is reportedly being undermined, posing risks to the legacy of Barney Frank.
The Uzbek Metals Combine is reportedly planning to raise €70 million through loans from various banks.
The Association of Cyprus Banks (ACB) has emphasized the importance of proactive measures against digital crime and financial fraud, urging businesses to enhance their cybersecurity.
Anthropic's Mythos AI system has reportedly prompted US banks to urgently address potential cybersecurity vulnerabilities. Concerns are being raised about whether the technology poses a significant risk to financial institutions.
America's largest banking groups have expressed dissatisfaction with the CLARITY Act's newly proposed stablecoin legislation, stating it 'falls short' of adequately protecting bank deposits.
US banks are currently uncertain about the full scope of a looming government order concerning citizenship data.
The Cyprus Banks Association has requested information from local government organizations regarding a growing crisis over building permit cancellations. Lenders are concerned about potential non-performing loans resulting from the situation.
Several companies, including Carlisle, SkyWest, and various banks, have released their latest quarterly financial results, with many also reaffirming or updating their future revenue and earnings outlooks for upcoming fiscal years.
The largest banks in the United States are reportedly shaking off fears related to private credit, suggesting a renewed confidence or stability in that market segment.
Major U.S. banks, including Morgan Stanley and Bank of America, reported strong first-quarter earnings, with BofA notably avoiding a single daily trading loss. These positive results contributed to advances in the S&P 500 and Nasdaq as earnings season began.
US banks are reportedly concerned about a potential competitor in the cryptocurrency sector, prompting calls for stricter laws, while experts predict significant stock potential for this newcomer.
The Federal Reserve is reportedly requesting detailed information from US banks regarding their exposure to private credit firms. This move suggests a closer look at potential risks within the financial system.
As earnings season approaches, analysts are highlighting valuation opportunities for long-term investors in major US banks, with favorable sentiment noted for specific institutions like Valley National Bancorp despite private credit risks.
Pakistan's Small and Medium Enterprises Development Authority (SMEDA), the State Bank of Pakistan (SBP), and various banks are coordinating efforts to expand credit, urging provinces to take the lead in financing small and medium-sized enterprises.
Cyprus banks face a mixed outlook as the European Central Bank is expected to raise interest rates twice by July, as the Middle East conflict stokes inflation.
The Botswana government is currently in negotiations with various banks to secure P15 billion (approximately $1.1 billion USD) in loans.
Various units of the Evolve US Banks Enhanced Yield ETF, including Unhedged USD, CAD, and Hedged units, have declared dividends ranging from $0.14 to CAD 0.16 and CAD 0.125.
Iran's Islamic Revolutionary Guard Corps (IRGC) has issued a warning, stating that attacks on US banks will escalate if more Iranian banks are targeted.
Cyprus’ banking operations remain normal, with customers continuing to seek loans amid the ongoing Middle East conflict.
A new report highlights that loans extended to non-bank entities pose a significant threat of a banking crisis, with recent FDIC data for US banks in 2025 raising concerns.
A report details the most affordable mortgage options available in Spain for March 2026, including fixed, variable, and mixed-rate products from various banks with competitive interest rates and no commissions.
The US financial services industry is on heightened alert for potential cyberattacks, with firms stepping up monitoring for threats as the US war in Iran escalates, a common occurrence during geopolitical conflicts.
US banks reported record profits of $300 billion in 2025, benefiting from lower interest rates paid to savers and an increase in loan origination under the Trump administration.
New regulations under the Basel plan are set to impose stricter mortgage capital requirements on U.S. banks, potentially impacting lending practices.
Anthropic's pre-IPO credit line is reportedly growing, attracting interest from various banks vying for underwriting roles. This development signals increasing financial activity ahead of a potential public offering.
Cyprus banks maintained a non-performing loan ratio of 1.6 percent at the end of May 2026, according to the Central Bank of Cyprus. This performance indicates that the sector's asset quality is significantly better than the EU-wide average recorded two months prior.
Citigroup is currently the only major U.S. bank whose stock is trading below its 50-day moving average, indicating a unique market position compared to its peers.
Investments in artificial intelligence and semiconductors are fueling significant growth in regional revenues for US banks, contributing to a record equities run on Wall Street.
Major US banks have reported a strong first half of the year, benefiting from events like the SpaceX IPO and stock market fluctuations, with concerns over credit card debt temporarily receding.
Ukrainian President Volodymyr Zelenskyy has announced a cabinet reshuffle, replacing the prime minister appointed last year. Several names are being considered as potential successors for the top government position.
The collapse of a payment processor in Japan has caused disruptions, affecting numerous banks and restaurants across the country.
The Federal Reserve has given its approval to the annual stress tests for 32 major US banks, which demonstrated resilience against a hypothetical economic collapse scenario, even with projections of $700 billion in potential losses.
The Federal Reserve's latest stress test results indicate that the largest US banks possess sufficient capital and resilience to endure a severe economic recession, affirming the stability of the financial system.
Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has warned against complacency despite strong results for Cypriot banks. The central bank is examining the activation of a systemic risk buffer.
Mauritius is reportedly relying on funds related to the Chagos Archipelago dispute to help address its budget deficit for the 2026-27 fiscal year.
The Central Bank of Cyprus reported a 23.6% fall in the profitability of the country's banking sector during the first quarter of 2026, amounting to a €62 million decrease.
A delegation from the Association of Cyprus Banks (ACB) visited Brussels to present the positive performance of the Cypriot economy and banking sector to various professionals, authorities, and organizations.
Bank360 Koin is a new digital financial service that aggregates bank account data from various banks onto a single platform, categorizes transactions, and enhances daily financial transparency.
FIS and various banks are reportedly in discussions to explore potential new uses for their network infrastructure.
Donald Trump has significantly strengthened his influence within the Republican Party, particularly after his endorsed candidates defeated critics in recent primary elections. This consolidation of power has been described as his endorsement machine steamrolling dissent.
The Association of Cyprus Banks (ACB) announced that Cyprus is hosting the official meetings of the European Banking Federation (EBF) this week, positioning the island at the center of significant developments in the European banking sector.
The U.S. Treasury Department's FinCEN has issued an alert to American banks regarding suspected money laundering activities linked to Iran.
The emergence of Anthropic's Mythos AI system has reportedly led US banks to accelerate efforts in plugging cyber vulnerabilities.
According to a senior official, banks in the United States are actively working to strengthen their defenses and prepare for potential cyberattacks leveraging artificial intelligence.
The Cyprus Banks Association has written to local government organizations, demanding explanations for the revocation of planning permits and warning that banks risk exposure on loans.
Anthropic is reportedly planning to offer its Mythos AI model to European banks, following initial access granted to large US banks, as global financial institutions explore the technology.
Wall Street is assessing the theoretical but practically difficult-to-realize risk that stablecoins pose to deposits in US banks.
U.S. Bancorp and BNY Mellon have both reported significant increases in their profits, primarily attributed to strong growth in net interest income and fee revenue. This indicates a positive financial performance for these major American banks.
First-quarter results from various banks are providing valuable insights into their exposure to private credit markets. These reports offer a clearer picture of the financial institutions' involvement in this growing segment.
The Bank of England is scheduled to hold discussions with various banks regarding Anthropic’s Mythos, likely exploring its implications for the financial sector.
Major US banks are expected to temper their bond sales activities following a robust performance in their 2026 debut.
JPMorgan has lowered its price targets for Bank of America and Wells Fargo, with UBS also trimming estimates, citing volatility risks for the banking sector.
US banks are projected to report solid first-quarter results, even as they navigate a period of macroeconomic uncertainty.
Oil prices have shown significant volatility, experiencing retreats as the Middle East conflict is perceived to be easing and markets await clarity on trade policies, while Asian equities have also risen on tentative hopes of a resolution.
The dollar is caught in a struggle over stablecoin regulation, with US banks and China vying for influence as a bill to regulate digital assets faces delays.
The US Federal Reserve has announced plans to lower capital buffers for major US banks, a move that could impact financial regulations and stability.
Iran's IRGC has issued a warning that attacks on US banks will expand if more Iranian banks are targeted, escalating the financial dimension of the conflict.
“The enemy has given us free rein to target economic centres and banks belonging to the United States,” Iran military command said in a statement.
The Association of Cyprus Banks has expressed strong disagreement with proposed legislative amendments affecting payment account access, warning that the changes could create legal, practical and competitive problems for the banking sector. In a detailed note signed by senior director Michalis Kronides, the association said it disagrees with amendments concerning the comparability of fees, the […]
The Cyprus Chamber of Commerce and Industry (Keve) has partnered with the Association of Cyprus Banks to provide practical help and informational materials to the local business community regarding banking transactions and interest rates.
Cybersecurity has long been a top priority for the financial services industry, which operates critical U.S.
An overview of the most affordable mortgage options available in Spain for February 2026, including fixed, variable, and mixed-rate products from various banks.
The BMO Covered Call US Banks ETF has declared a dividend of CAD 0.145.
A financial regulator is reportedly scrutinizing the involvement of various banks in an ongoing loan note scandal, indicating a deeper probe into their practices.
Bessent has announced a new crackdown targeting the use of US banks by undocumented immigrants, signaling stricter enforcement measures.
An article analyzes various banks, financial institutions, and platforms that offer unsecured loans, comparing amounts, terms, requirements, and costs for obtaining financing without collateral.
The University of Cyprus and the Association of Cyprus Banks (ACB) have signed a memorandum of understanding to establish a framework for cooperation in education, research, and innovation, strengthening ties between academia and the financial sector.
Major US banks have reported robust earnings, driven by increased trading activity on Wall Street, a trend also reflected in Nordea's results.
JPMorgan Chase announced a record-breaking profit of $16.9 billion in the second quarter, marking the highest quarterly profit in US banking history, with other major US banks like Goldman Sachs and Bank of America also reporting strong results, partly driven by large IPOs.
As several large U.S. banks release their earnings reports on the same day, Citigroup is highlighted as a key focus, expected to show significant improvement in one important metric despite having a long way to go to meet its performance targets.
Fiserv is reportedly in discussions with major U.S. banks regarding the potential sale of its debit payments network.
All major US banks have successfully passed the Federal Reserve's annual stress test. This outcome paves the way for banks to increase dividends and share buybacks.
The Federal Reserve's annual stress test indicates that U.S. banks are capable of absorbing $708 billion in losses, with the results not directly impacting capital requirements this year amidst an overhaul of capital rules.
Cyprus' banking sector has urged close cooperation with the state and the newly elected House of Representatives, issuing a warning against populist interventions regarding foreclosure measures that could undermine financial stability.
The United States and Iran have begun discussions aimed at a peace solution, with talks taking place in the Swiss Alps. While some express hope for a resolution, skepticism remains regarding the potential outcomes and the differing perspectives on the Iran deal.
The Central Bank of Cyprus announced that excess liquidity in the Cypriot banking system decreased to €17.4 billion by the end of 2025, down from €18.4 billion a year prior.
Big US banks are reportedly targeting a 2027 launch for a tokenized deposit network.
US banks experienced a profit uptick in the first quarter, according to a report from the Federal Deposit Insurance Corporation (FDIC). This indicates a positive financial performance for lenders during the period.
US banks have successfully proven the effectiveness of artificial intelligence in their operations, but the primary challenge now lies in scaling these AI solutions across their organizations. The focus shifts from proof-of-concept to widespread implementation.
Former President Trump has issued an order requiring US banks to intensify their examination of clients' citizenship status as part of a new measure aimed at strengthening immigration enforcement.
CEOs from major US banks Citigroup and Goldman Sachs held discussions with Chinese government representatives in Beijing. The meetings focused on business consultations between the financial leaders and officials.
An investigation is underway to determine how the Sikder family managed to secure such substantial loans from various banks. The inquiry aims to uncover the mechanisms and potential irregularities behind their extensive financial dealings.
The fast-growing payments company Wise has moved its stock listing to Nasdaq, raising questions about its potential impact on U.S. banks.
Oracle's ambitious $300 billion data center expansion to support OpenAI is reportedly creating significant bank-debt challenges, as lenders struggle with exposure limits and their capacity to finance these massive projects, impacting banks across the US.
The Association of Cyprus Banks has presented a new strategy focused on strengthening outward engagement, as announced by newly appointed director general Marios Skandalis.
Goldman Sachs is at the forefront of a 'frenzy' of US banks engaging in record renminbi borrowing, driven by China's low interest rates which are attracting more foreign issuers.
The Central Bank of Cyprus (CBC) announced that all banks across the island will remain closed on May 1, 2026, in observance of Labour Day.
Cyprus's systemic banks are preparing for a wide range of economic outcomes for 2026, with GDP forecasts varying from robust growth to significant contraction, depending on geopolitical tensions and trade conditions.
Large US banks have kicked off earnings season with surging profits, yet investors remain moderately enthusiastic due to high uncertainty in the market.
A top US government official has warned leaders of major American banks about a new artificial intelligence model developed by Anthropic, citing concerns that it could heighten the risks of cyberattacks.
Discussions were held with major U.S. banks regarding Anthropic's new Mythos AI model, which was rolled out to a select group of companies due to concerns that hackers could exploit its capabilities.
Analysts suggest that US banks could potentially release $320 billion in capital if new draft rules are implemented. This development could significantly impact the banking sector.
The Central Bank of Cyprus has announced that all local banking institutions will be closed for a three-day period to observe the annual Orthodox Easter holidays.
US banks are increasing their security measures after a weekend attack on a financial institution was thwarted, leading Citigroup to instruct its employees in Paris and Frankfurt to work from home.
Anneli Tuominen, a member of the ECB Supervisory Board, discussed the major weaknesses of European banks, Austria's specific risks, and the prevailing dominance of US banks in the financial sector.
The Association of Cyprus Banks has warned that proposed legislative changes to Cyprus' foreclosure framework could have negative consequences for credit institutions.
The Federal Reserve is set to relax capital requirements for large US banks, a move cheered by Wall Street but raising concerns about watering down post-2008 financial crisis protections.
Crypto companies are engaging in a direct battle with traditional US banks over the evolving landscape and control of the financial system.
Major US banks, including JP Morgan and Goldman Sachs, are reportedly considering legal action against a federal financial regulator, arguing that new crypto banking rules could negatively impact consumers and the financial system.
The Association of Cyprus Banks has warned that proposed legislative changes to Cyprus’ foreclosure framework could have negative consequences for credit institutions and the wider financial system,…
US banks on high alert for cyberattacks as Iran war escalates Reuters
Pay for top bosses at the biggest US banks has reached new records in the past couple of years, surpassing even what chief executive officers got in the pre-crisis peak of 2007. Someday these vast rewards might run dry. After all, in the age of artificial intelligence, what is a CEO even for?
US banks are building a tokenized deposit network as a strategy to protect their market position.