Cathay General Bancorp raises 2025 loan and deposit growth guidance to 3.5%-5% amid CRE and residential loan expansion
Category: banking
OCC Chief Plays Down Stablecoin ‘Bank Run’ Fears
Jonathan Gould dismissed deposit flight fears as banking groups demanded Congress close GENIUS Act “loopholes” allowing for stablecoin yield.
Banking luminary: Xavier P. Loinaz, 82
MANILA, Philippines — Banking luminary Xavier P. Loinaz – a pillar of risk management, innovation and credit discipline at Bank of the Philippine Islands – died on Oct. 4, about a week short of his 82nd birthday. A Bank of the Philippine Islands (BPI) community post said on Sunday they were deeply mourning the passing
Mumbai News: Contractor Held For Duping Astrologer Of ₹74 Lakh With Fake PMO Influence Claim
Investigators said Sharma promised the victim MHADA two shops (gala) in exchange for money, claiming he could easily arrange them due to his supposed influence in the PMO. To gain trust, he also produced fake government office stamps, which have now been seized by the police.
Chainlink Taps Into Canton Network Backed by Global Banks
Through the integration, Canton will gain access to Chainlink’s data feeds, proof-of-reserve tools, NAV reporting, and CCIP interoperability protocol. The [.] The post Chainlink Taps Into Canton Network Backed by Global Banks appeared first on Coindoo.
RBI Urges Banks To Identify & Return ₹67,000 Crore Unclaimed Deposits To Rightful Owners
Balances in savings and current accounts that remain inoperative for ten years, or term deposits not claimed within ten years from the date of maturity, are classified as unclaimed deposits and subsequently transferred by banks to the DEA fund maintained by the central bank.