Kim Forrest, chief investment officer at Bokeh Capital Partners in Pittsburgh, said a Biden victory could lead to some inflation, which would be beneficial to banks in particular. “A Federal Reserve committed to keeping rates lower and yet allowing not a flat curve, but one with some steepening to it, and then some inflation and … Continue reading US Election: Will Biden’s victory cause inflation?
SWIFT, the world money exchange, on Tuesday warned about 11,000 financial institutions around the world to hasten with their software updates after a reported $81 million was stolen by cybercriminals from Bangladesh Central Bank. The 21st Century hackers are getting sophisticated with super-technological know-how, and always a step ahead of financial institutions. According to a report from … Continue reading SWIFT And Fraudulent Bank Transfers: Any Security Measures On Course Against Cyber Criminals?
The Central Bank of Nigeria has ordered workers in all 19 Deposit Money Banks in the Nigeria to declare their assets. Image: Former Zenith Bank Boss and now CBN Governor Godwin Emefiele. Four weeks ago, a letter was sent from the Banking Supervision Department of the CBN to all the 19 commercial banks in Nigeria informing … Continue reading The Central Bank Of Nigeria Orders Bankers To Declare Assets.