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12.12.25 - 22:18
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Fintech, AI Very Strong in UK: British Business Bank CEO (Bloomberg)
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The UK economy is at risk of its first quarterly contraction since Labour returned to power, after growth disappointed again by shrinking ahead of Chancellor of the Exchequer Rachel Reeves' tax-raising budget. Can the UK's tech sector come to the rescue? British Business Bank CEO Louis Taylor weighs in with Ed Ludlow and Caroline Hyde to discuss on "Bloomberg Tech." (Source: Bloomberg)...
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12.12.25 - 21:54
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OCC Says 9 Big Banks Took Part In ′Inappropriate′ Debanking Practices (ZeroHedge)
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OCC Says 9 Big Banks Took Part In 'Inappropriate' Debanking Practices
Via American Greatness,
The Office of the Comptroller of the Currency (OCC) has released a report saying that the nine largest lenders in the U.S. made “inappropriate distinctions” that it used to restrict services among certain customers.
Following the signing of an executive order by President Donald Trump in August of this year, the OCC began reviewing all banks for any current or past practices that effectively barred customers on the basis of political or religious belief.
Wednesday, the OCC released its report, saying that it had found conclusive proof that nine large banks had policies that either refused services to some industries or required higher levels of scrutiny that exceeded the actual financial risks between 2020 and 2023.
BREAKING: The U.S. Comptroller of the Currency has found conclusive proof that 9 large financial institutions actively engaged in debanking.
The financial institutions named are:
-...
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12.12.25 - 10:24
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European Shares Edge Higher Led By Banks (AFX)
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BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks traded higher on Friday, with banks rising on investor optimism that the U.S. Federl Reserve will deliver more interest-rate cuts in 2026.In ec......
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