A local bank picked a new leader while one medical office added a skilled professional, proving the area keeps growing in both healthcare and finance. A community bank in Fleetwood chose Betsy Knott to lead their retail banking team after she spent years opening and managing different branches. Her
Police in Paris stopped a bomb attempt early Saturday morning outside a Bank of America office, capturing the would‑be bomber just as he tried to light a homemade explosive. The device was made from about five litres of an unknown liquid, likely fuel, and a 650‑gram powder charge. It was discovered
Coinbase officials have told senators that the new bill cannot be implemented because of worries over “stable yield language. ” This is the second time CEO Brian Armstrong has pulled back support, saying in January that a bad bill is worse than no bill at all. The proposed law would stop crypto e
The United States is seeing a new push to change how banks are watched. After the 2008 crash, rules were made that many say slow growth. The Trump team wants those rules eased and is trying to get more control over the Federal Reserve’s work. Fed leaders have been told to send new rules to th
Big banks are stepping up to help digital money grow. A top banker said that many people will start using crypto when banks show how it fits into everyday banking. He believes that a bank’s network can link new digital coins to the normal world of loans and savings. The idea is that banks a
Revolut made a big jump in 2025. Profit before tax grew by 57% to $2. 3 billion, and revenue rose 46% to $6 billion. The company earned its fifth straight year of net profit, reaching $1. 7 billion with a 38% margin. The growth came from many services. Card payments, subscriptions, foreign exchange
Private‑credit lending, a fast‑growing but less visible part of finance, is now catching the eye of investors and banks alike. The sector, which lets private‑equity firms and other nonbank entities lend to companies such as software developers and auto lenders, has ballooned to about $3 trillion.
Axis Bank has decided to add 15 billion rupees, about $162 million, into its consumer lending business, Axis Finance. The move came after the bank’s board approved the funding plan on March 18. Earlier in January, the bank paused plans to sell a share of Axis Finance. This pause followed a
Elon Musk’s new venture, xAI, is looking for people who know money to help train its chatbot, Grok. The company wants real bankers and traders to act as tutors so the AI can understand how financial decisions are made. In its job ads, xAI asks for experts in investment banking, portfolio manageme
BlockFills, a Chicago‑based crypto trading house, announced it is filing for Chapter 11 protection in Delaware after months of financial strain. The firm had stopped letting customers withdraw funds on February 6, citing a lack of liquidity that could not be fixed by new investors or buyers. The
