1. Nostro Account: An account a bank holds with a foreign bank. For instance, a Ukrainian bank may have a Nostro account with a German bank. 2. Vostro Account: An account a foreign bank holds with ...

The study charts banking’s journey across five major eras, highlighting how advancements in technology, regulation, and ...

Accounting for unrealized market-value losses on banks’ securities and loan investments caused by the secular increase in interest rates that began in early 2022, I estimate that, as of September 30, ...

Editor's note: Originally published at tsi-blog.com on July 12, 2016. A popular line of thinking is that the US banking system is not making as much use of its "excess" reserves as it should be ...

Federal Deposit Insurance Corporation (FDIC) building. After a series of unfortunate events, this week began with the loss of another highly regarded financial institution. Given these developments, ...

The Central Bank of Kenya (CBK) is now capable of real-time monitoring of customer transactions across the banking sector, following a system upgrade. This marks a major shift in the regulation and ...

There was a time when getting the most out of your bank meant jumping through industry-erected hoops — maintaining a minimum balance, using only in-network ATMs, always having enough in your account ...

For too long, Nigerian freelancers, remote workers, and entrepreneurs have struggled to access the U.S. financial system.