Climate Risks of Their Customers: Banks Consider Climate Change in Lending
A study reveals that banks are increasingly factoring climate risks into their lending practices, particularly affecting companies with weak profitability and long loan maturities.
RAIDO SAAR ⟩ An Ideal Tool for Evil Forces: The RAB Doesn't Just Target Financial Documents, It's a Map of a Person's Life
Raido Saar highlights the dangers of the Estonian Financial Intelligence Unit's (RAB) practices in tracking people's banking details during a speech before the finance committee.
Money laundering accusations shake the banking sector
Recent accusations from the United States regarding money laundering practices have shaken the Mexican banking sector, leading to increased scrutiny and potential risk for banks operating in the country.
Young bankers show off, old Wall Street holds its head
The article discusses the contrasting approaches and expectations of young bankers compared to traditional practices on Wall Street.
The Civil Chamber of the Supreme Court will respond whether it is possible to salvage franc loans when only part of the credit converter is defective
The Polish Supreme Court is considering whether problematic clauses in franc loans can be salvaged, which affects thousands of agreements with GE Money Bank.
INSS detects new irregular credit operated by Master, similar to Credcesta, and finds signs of fraud
The INSS has identified irregular lending practices associated with Banco Master's M Fácil Consignado, indicating potential fraud in loan contracts.
'No more hidden charges...', RBI orders banks to remove misleading tricks from apps
The Reserve Bank of India (RBI) has mandated banks to eliminate misleading practices from their apps to enhance transparency in digital banking by 2026.
Two Savings Banks Hit with 9 Million Euros in Fines for Deceptive Business Practices
Two French savings banks have been fined a total of 9 million euros for unjustified banking fees following investigations into deceptive business practices.
Banker risk fines for interest practices on deposits
Banks in Norway face potential fines for offering unlawfully low interest rates on deposit accounts, as mandated by the Consumer Authority.
Master, BRB, your audits and rating agencies
In October 2024, many financial market participants received information revealing risky business practices by Bank Master, despite warnings from financial authorities.
Katseli Law: What Changes in Installments, the Damage and the Danger
The Katseli Law, affecting 350,000 debtors and guarantors, is causing significant backlash among private debt managers following a Supreme Court decision that alters the interest calculation method for these loans, making it a global exception in banking credit practices.