The hottest Banks Substack posts right now

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Top Finance Topics

Bitcoin ETF trades top $4.6 billion in ‘Ground-Breaking’ day; It was a tough year for almost every bank not named JPMorgan; 2024 prediction: Shopify acquires Stripe;

Fintech Wrap Up • 216 implied HN points • 17 Jan 24
💰 Finance Technology Banks Cryptocurrency Reports Predictions
  1. Bitcoin ETF trades exceeded $4.6 billion, a substantial milestone.
  2. Most banks faced a tough year except JPMorgan, thriving in profits.
  3. Prediction for 2024 suggests Shopify may acquire Stripe for strategic growth.
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China Crumbles

The Dollar Endgame • 199 implied HN points • 16 Dec 23
🌍 World Politics China Economy Debt Real Estate Banks
  1. China's real estate market is facing significant challenges, with existing home prices dropping and outstanding property loans declining.
  2. Major developers like Evergrande and Country Garden are struggling with debt obligations and bankruptcy proceedings.
  3. Moody's downgrade of China's credit outlook indicates that the turmoil in the real estate sector is starting to impact the broader economy and banks.

Top Links 373 Ordeal by Roses, US bank worries, Gazprom's losses, misfiring missiles & Bismarck's legacy

Chartbook • 286 implied HN points • 21 Feb 24
💰 Finance Banks Real Estate Investment
  1. Top Links 373 include the Ordeal by Roses photos, US bank concerns, Gazprom's losses, misfiring missiles, and Bismarck's legacy.
  2. US banks like JPMorgan Chase and Bank of America have seen a decrease in reserves for commercial real estate debt.
  3. This post is available for paid subscribers and includes insights on various topics related to finance and geopolitics.

Chinese banks scrutinize trade payments from Russia: report

Pekingnology • 37 implied HN points • 21 Feb 24
🌍 World Politics China Russia Banks Payments Sanctions
  1. Chinese banks are closely reviewing trade payments from Russia, causing disruptions for Chinese companies involved in business transactions.
  2. Major Chinese banks, including state-owned ones, are halting payments from sanctioned Russian financial institutions, leading to challenges for traders in various regions of China.
  3. The heightened scrutiny on remittances related to Russia by Chinese banks reflects the changing regulatory environment post third quarter of last year, impacting cross-border transactions and requiring stricter due diligence.

Alert: Central Bank of Nigeria Circular FPR/DIR/PUB/CIR/001/029

RegAlert • 0 implied HN points • 30 Sep 21
💰 Finance Policy Mortgage Compliance Banks
  1. The Central Bank of Nigeria issued a circular listing primary mortgage banks as of September 30, 2021, for financial institutions to comply with the stated requirements.
  2. The list includes various mortgage banks located in different states across Nigeria.
  3. Financial institutions are advised to review the circular and ensure they are in compliance with the regulations.

Alert: Central Bank of Nigeria Circular FPR/DIR/PUB/CIR/001/031

RegAlert • 0 implied HN points • 31 Dec 21
💰 Finance Regulations Banks Transactions Compliance
  1. Financial institutions in Nigeria must conduct thorough due diligence on customers before opening accounts and monitor transactions for suspicious activities.
  2. These institutions are required to keep transaction records for at least five years and report any suspicious transactions to the appropriate authorities.
  3. Clients are mandated to provide valid identification and comply with all specified regulations and guidelines when dealing with financial institutions in Nigeria.

Alert: Central Bank of Nigeria Circular FPR/DIR/PUB/CIR/001/027

RegAlert • 0 implied HN points • 30 Sep 21
💰 Finance Regulations Banks
  1. The Circular published by the Central Bank of Nigeria contains a comprehensive list of licensed microfinance banks as of September 30, 2021, with details like addresses and statuses.
  2. The listed microfinance banks in the Circular are located in states including Anambra, Lagos, Edo, Ogun, Abia, Bauchi, and the F.C.T.
  3. The Circular classifies the microfinance banks into categories such as state, national, and tier 2 units, offering insights into their operational scope.