Banks are in a tough spot right now. President Trump has suggested capping credit card interest rates at 10% for a year. This idea has caused quite a stir in the finance world. Banks are trying to figure out what to do next. The problem is, there's no clear plan on how this cap would work. The Whit
European markets are on a roll, hitting new highs. The Stoxx 600, DAX, and CAC 40 indexes have all seen significant gains. This year alone, the Stoxx 600 has climbed 14% higher. With just a week left, it's looking like it will be the third year in a row of growth. Investors are keeping a close eye
European leaders are in a tough spot. They're meeting to talk about some big issues. One of the biggest is what to do with Russia's money that's stuck in Europe. This money was frozen after Russia invaded Ukraine. The idea is to use this money to help Ukraine. But not everyone agrees. Some countrie
Bank of America is now telling its rich clients to put some money into Bitcoin. They say it's okay to put 1% to 4% of their money into Bitcoin. This is a big deal because Bank of America is one of the biggest banks in the US. They will let their clients buy Bitcoin through special funds starting Ja
European leaders are not happy with a recent US peace proposal for Ukraine. They think it's too favorable to Russia and are planning to change it. This is happening ahead of a big meeting in Geneva. In South Africa, German Chancellor Friedrich Merz said that wars can't be ended by big countries mak
Banks are finally stepping up their tech game. For years, they lagged behind other industries, especially retail, when it came to adopting new technology. But now, with the help of something called agentic AI, banks are keeping pace with the latest innovations. This shift is huge. Just a few years
Banks are starting to see crypto in a new light. After staying away for a while, they are now taking a closer look. This change is happening because of new rules in Europe, like the Markets in Crypto-Assets (MiCA) regulation. These rules make banks feel more comfortable about getting involved with c
Bank of Ireland is facing a hefty bill. They've just doubled their estimate for compensating customers who were sold car loans they didn't need or understand. The new total? A whopping £350 million. That's a lot of money, and it's all because the UK's financial watchdog, the FCA, has changed the rul
European markets are expected to kick off Thursday on a positive note. The FTSE 100 in London is predicted to rise by 0. 3%, reaching around 8, 799. Meanwhile, Germany's DAX and France's CAC 40 are both anticipated to see a 0. 2% increase, with the DAX at 23, 836 and the CAC at 7, 757. Italy's FTSE
European nations are standing their ground against recent moves by the US to dismantle diversity and inclusion efforts. This isn't sitting well with many European countries. France is one of the countries that is not happy about this. Laurent Saint-Martin, France's minister for foreign trade, made
