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80 posts37 participants4 posts today

Putin approves the sale of Citibank’s Russian unit to Renaissance Capital.

Russian President Vladimir Putin has authorised the sale of Citibank’s Russian subsidiary to local investment firm Renaissance Capital, according to a decree published on Wednesday, effectively completing the US banking group Citigroup’s withdrawal from Russia.

mediafaro.org/article/20251112

Two employees working at a Russian office of Citibank. | Valery Sharifulin / TASS
The Moscow Times · Putin approves the sale of Citibank’s Russian unit to Renaissance Capital.By The Moscow Times

🧠 What if your next payment didn’t need a tap or a swipe — just a thought?

Brain–computer interfaces (BCIs) are taking banking into uncharted territory, enabling hands-free transactions and new levels of accessibility.

But as the lines blur between mind and machine, leaders face big questions around trust, ethics and inclusion.

In this new article, we explore how organizations can prepare for the era of neural banking.

👉 Read now: tinyurl.com/b87k57ab

UK citizen with over a million? Then contact merchant bankers in the City of London who will help you snuck it away in overseas companies investment. Tax free because the Inland Revenue cannot trace it. Read 'Treasure Islands' by Nicholas Shaxson for a full account of how tax havens run things for you. Stay rich, avoid taxation, and fuck the poor; including our hungry school kids in Newcastle, rundown school buildings and overstressed National Health Service. #money #economics #banking #UKnews #sociology #demography

Live: ASIC says financial misconduct at centre of 2026 investigations
By Nassim Khadem

The corporate watchdog reveals its 2026 enforcement priorities, vowing to protect consumers from financial harm, including beefed-up investigations into the $1billion-plus Shield and First Guardian collapses. Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog.

abc.net.au/news/2025-11-13/asx

ABC News · Live markets updates: Corporate watchdog ASIC announces financial misconduct at centre of upcoming investigationsBy Nassim Khadem

Dive Deposits: Was Waller’s ‘skinny’ account clarification a walk-back?

The Federal Reserve governor set out to clarify that only institutions with a banking charter would be eligible for a tailored master account. Does that jibe with the Fed’s “embrace” of disruption?

bankingdive.com/news/fed-walle

Banking Dive · Dive Deposits: Was Waller’s ‘skinny’ account clarification a walk-back?By Dan Ennis

Congress needs to level the playing field for American banks

Former member of Congress and current chairman of Forbright Bank John Delaney calls on lawmakers to pass several reforms that would allow banks to take back market share that has been lost to nonbank competitors.

americanbanker.com/opinion/con

congress.jpeg
American Banker · Congress needs to level the playing field for American banksBy John Delaney

A group of bankers tries to 'hack' AI chatbots' answers

A group of mission-driven bankers is feeding information into generative AI models like ChatGPT, Gemini and Claude on Monday, in hopes of retraining the public-facing models to better understand what their banks do.

americanbanker.com/news/a-grou

David Reiling, CEO, Sunrise Banks
American Banker · A group of bankers tries to 'hack' AI chatbots' answersBy Penny Crosman

Chinese 'cryptoqueen' fraud jailed in UK over $9bn Bitcoin laundering scheme

British authorities say Zhimin Qian was the mastermind behind a Ponzi scheme, into which around 128,000 people invested billions of dollars.

abc.net.au/news/2025-11-12/uk-

ABC News · Chinese 'cryptoqueen' jailed in UK over $9bn Bitcoin laundering schemeBy ABC News

How banks and fintechs are offering help during gov shutdown

One fintech that is bringing its technology and network to banks during the ongoing shutdown is SpringFour, a financial health fintech that connects consumers to vetted nonprofits and community resources

americanbanker.com/news/how-ba

SpringFour CEO Rochelle Gorey wearing headphones at BMO contact center
American Banker · How banks and fintechs are offering help during gov shutdownBy Melinda Huspen