NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 to Middletown, New York-based Orange County Bancorp, Inc. (NASDAQ: OBT) ("Orange" or "the company"). In addition, KBRA assigns deposit and senior unsecured debt ratings of BBB+, a subordinated debt rating of BBB, and short-term deposit and debt ratings of K2 to its main subsidiary, Orange Bank & Trust Company ("the bank"). The Outlook for ...

The Cincinnati-based bank Fifth Third was victim of fraud on a loan in what its CEO says is a "one-off" incident. Herman Chan of Bloomberg Intelligence tells Open Interest that the bank will launch an internal investigation as it mulls a potential pullback on lending related to warehouse facilities ...

Core Viewpoint - US banks are criticized for focusing on stablecoin competition rather than improving deposit interest rates, which has led to a long-standing model that exploits depositors as a free source of capital [2][4]. Group 1: Stablecoin Competition - Stablecoins, particularly those offering yields, pose a threat to traditional banking by potentially drawing away deposits from banks [2][3]. - Community and regional banks are particularly vulnerable as they rely heavily on customer deposits for issuing loans and lack access to wholesale funding markets [3]. Group 2: Legislative Response - Banking lobbyists are advocating for tighter stablecoin regulations, specifically targeting yield offerings under the GENIUS Act [4][7]. - Concerns have been raised that yield-bearing stablecoins could lead to significant withdrawals from US banks, as highlighted by Citi [3]. Group 3: Market Dynamics - Stablecoin platforms are offering returns of up to 5%, while the average US savings account yields only 0.6%, making stablecoins a more attractive option for savers [5][8]. - The shift towards stablecoins is driven by lower transaction costs, instant transfers, and the absence of holding fees compared to traditional banks [6]. Group 4: Future Implications - It is argued that while banks may see reduced deposits, capital will not disappear but will instead flow through alternative channels such as decentralized finance (DeFi) applications [4][5]. - The transition to stablecoins is expected to benefit individual savers while impacting bank profit margins [5][8].

北京商报讯（记者 宋亦桐）9月10日，齐鲁银行发布公告，经中国人民银行核准，该行在全国银行间债 券市场成功发行"齐鲁银行股份有限公司2025年科技创新债券"（以下简称"本期债券"）。 齐鲁银行指出，本期债券的募集资金将投向《金融"五篇大文章"总体统计制度（试行）》中规定的科创 领域，包括发放科技贷款、投资科技创新企业发行的债券等，专项支持科技创新领域业务。 据悉，本期债券于2025年9月8日簿记建档，并于2025年9月10日发行完毕。本期债券发行规模为人民币 20亿元，为5年期固定利率品种，票面利率为1.84%。 ...

证券日报网讯 9月10日晚间，齐鲁银行发布公告称，经中国人民银行核准，齐鲁银行股份有限公司在全 国银行间债券市场成功发行"齐鲁银行股份有限公司2025年科技创新债券"（以下简称"本期债券"）。本 期债券于2025年9月8日簿记建档，并于2025年9月10日发行完毕。 （编辑 楚丽君） ...

9月初，友利银行（中国）在其官网发布信息称："依据监管规定，为提升互联网贷款业务服务质效、保 护金融消费者合法权益，对本行互联网贷款业务合作机构相关信息进行公示。" 事实上，除友利银行（中国）外，近期不少外资银行披露了一系列互联网贷款合作名单，显示出外资银 行在消费贷市场的重视程度和合规程度正逐渐加深。 《每日经济新闻》记者注意到，包括友利银行（中国）、韩亚银行（中国）、富邦华一银行、渣打银行 （中国）等多家在华展业的外资银行纷纷在其官网公布了互联网贷款合作机构名单。 值得一提的是，9月1日，《个人消费贷款财政贴息政策实施方案》正式落地实施。目前，贷款经办机构 包括18家大、中型银行和5家其他个人消费贷款发放机构，外资银行不在此列。 银行公示：与机构到底合作什么？ 官网信息显示，友利银行（中国）公开的合作方为云瀚信息科技有限公司，合作产品为京东金条，合作 范围涵盖贷款业务获客与营销、运营服务以及线上、线下催收业务。 同时，产品介绍显示，友利银行（中国）京东金条消费贷款是客户可通过京东金融等平台申请的个人信 用消费贷款，是由京东金融平台负责运营，该行100%出资的互联网助贷产品。 除友利银行（中国）以外，不少外 ...

The Centre will conduct a digital life certificate (DLC) campaign in November across all districts and sub-divisional headquarters of the country, according to an official statement issued on Wednesday.The nationwide campaign will be conducted by the Department of Pension and Pensioners' Welfare (DoPPW) from November 1 to 30, the Personnel Ministry said.Pensioners have to submit a life certificate every year in the month of November for the continuation of pension payment.Face authentication ensures ease f ...

Stephen Miran, chairman of the Council of Economic Advisers, following a television interview outside the White House in Washington, DC, US, on Tuesday, June 17, 2025.The Senate Banking Committee is set to vote Wednesday morning on whether to advance the nomination by President Donald Trump of Stephen Miran, a top White House economic advisor, to become Federal Reserve governor for at least the next several months.The vote comes a day after a federal judge in Washington, D.C., temporarily blocked Trump from ...

Key Insights: Buy now/pay later financier Klarna began trading Wednesday on the New York Stock Exchange under the ticker KLAR. What's at Stake: Klarna's public offering serves as yet another proof point for the BNPL industry and signals the return of a healthy IPO market. Forward Look: Digital banking in the U.S. represents a huge opportunity for the lender, Klarna's Chief Commercial Officer David Sykes told American Banker in an interview. After a five-month delay, Swedish neobank Klarna is finally a ...

Muhammad, let's jump on a potential third option. As Steve was talking about these two options, is it the buyers that are doing it. It is the sellers who are paying for it.There's a a subsection, a third category that could come up. Part of this, and maybe it ties back to the fact that the jobs market is so weak. are the makers of this stuff eating it but making up for it by squeezing as much productivity out of as they can out of their existing job base not hiring new people and maybe relying a little on A ...